The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL: 8030)
Saudi Arabia
· Delayed Price · Currency is SAR
21.62
-0.28 (-1.28%)
Dec 19, 2024, 10:59 AM AST
The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Income Statement
Financials in millions SAR. Fiscal year is January - December.
Millions SAR. Fiscal year is Jan - Dec.
| TTM
| FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
| Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Premiums & Annuity Revenue | 3,410 | 3,332 | 2,643 | 1,520 | 1,466 | 2,027 | |
| Total Interest & Dividend Income | 79.95 | 96.73 | 72.47 | 7.56 | 6.37 | - | |
| Gain (Loss) on Sale of Investments | -0.3 | -0.15 | - | 22.5 | 9.29 | -0.16 | |
| Other Revenue | 27.92 | 27.92 | 110.61 | 151.25 | 211.66 | 138.51 | |
| Total Revenue | 3,518 | 3,457 | 2,826 | 1,701 | 1,693 | 2,165 | |
| Revenue Growth (YoY) | 0.57% | 22.31% | 66.12% | 0.47% | -21.79% | 17.40% | |
| Policy Benefits | 3,353 | 3,245 | 3,228 | 1,396 | 1,127 | 1,690 | |
| Policy Acquisition & Underwriting Costs | - | - | - | 96.53 | 100.14 | 117.79 | |
| Selling, General & Administrative | 4.35 | 5.24 | 3.73 | 350.05 | 369.27 | 365.93 | |
| Provision for Bad Debts | - | - | - | -24.51 | 39.12 | -36.88 | |
| Other Operating Expenses | 4.31 | 10.59 | - | 18.57 | 3.32 | -14.8 | |
| Total Operating Expenses | 3,362 | 3,261 | 3,232 | 1,837 | 1,639 | 2,122 | |
| Operating Income | 156.23 | 195.67 | -405.86 | -135.59 | 54.9 | 43.42 | |
| EBT Excluding Unusual Items | 156.92 | 195.67 | -405.86 | -135.59 | 54.9 | 43.42 | |
| Legal Settlements | - | - | - | - | - | -24.25 | |
| Pretax Income | 156.92 | 195.67 | -405.86 | -135.59 | 54.9 | 19.18 | |
| Income Tax Expense | -2.98 | -5.8 | -8.99 | 5 | 17.99 | 16.05 | |
| Net Income | 159.9 | 201.47 | -396.87 | -140.59 | 36.91 | 3.12 | |
| Net Income to Common | 159.9 | 201.47 | -396.87 | -140.59 | 36.91 | 3.12 | |
| Net Income Growth | - | - | - | - | 1081.59% | - | |
| Shares Outstanding (Basic) | 105 | 105 | 105 | 105 | 70 | 70 | |
| Shares Outstanding (Diluted) | 105 | 105 | 105 | 105 | 70 | 70 | |
| Shares Change (YoY) | - | - | - | 50.00% | - | 49.00% | |
| EPS (Basic) | 1.52 | 1.92 | -3.78 | -1.34 | 0.53 | 0.04 | |
| EPS (Diluted) | 1.52 | 1.92 | -3.78 | -1.34 | 0.53 | 0.04 | |
| EPS Growth | - | - | - | - | 1081.61% | - | |
| Free Cash Flow | 222.46 | 57.74 | 182.37 | -182.11 | -39.03 | -196.98 | |
| Free Cash Flow Per Share | 2.12 | 0.55 | 1.74 | -1.73 | -0.56 | -2.81 | |
| Operating Margin | 4.44% | 5.66% | -14.36% | -7.97% | 3.24% | 2.01% | |
| Profit Margin | 4.55% | 5.83% | -14.04% | -8.26% | 2.18% | 0.14% | |
| Free Cash Flow Margin | 6.32% | 1.67% | 6.45% | -10.70% | -2.30% | -9.10% | |
| EBITDA | 158.43 | 203.18 | -399.36 | -125.49 | 64.47 | 51.68 | |
| EBITDA Margin | 4.50% | 5.88% | -14.13% | -7.38% | 3.81% | 2.39% | |
| D&A For EBITDA | 2.2 | 7.51 | 6.5 | 10.1 | 9.56 | 8.26 | |
| EBIT | 156.23 | 195.67 | -405.86 | -135.59 | 54.9 | 43.42 | |
| EBIT Margin | 4.44% | 5.66% | -14.36% | -7.97% | 3.24% | 2.01% | |
| Effective Tax Rate | - | - | - | - | 32.77% | 83.71% | |
Source: S&P Capital IQ. Insurance template.
Financial Sources.