TADAWUL:8040 Income Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	520.37	588.29	576.72	432.27	417.85	521.94
Total Interest & Dividend Income	36.77	44.09	38.27	17.23	15.04	11.44
Other Revenue	4.58	9.79	4.52	4.03	4.87	9.81
Total Revenue	561.72	642.17	619.5	453.52	437.76	543.2
Revenue Growth (YoY)	-13.88%	3.66%	36.60%	3.60%	-19.41%	-23.03%
Policy Benefits	502.12	580.12	546.51	412.34	308.63	380.28
Policy Acquisition & Underwriting Costs	-	-	-	-	37.67	55.07
Depreciation & Amortization	1.23	1.23	1.2	1.15	-	-
Selling, General & Administrative	25.32	25.32	12.8	14.26	122.91	141.48
Provision for Bad Debts	-	-	-	-	4.25	3.31
Other Operating Expenses	1.86	2.44	1.48	2.87	0.87	-
Total Operating Expenses	536.52	615.1	565.59	434.41	474.32	580.13
Operating Income	25.2	27.07	53.9	19.11	-36.56	-36.93
Other Non Operating Income (Expenses)	-0.59	-0.59	-4.68	-2.42	7.74	5.12
EBT Excluding Unusual Items	24.6	26.48	49.22	16.69	-28.82	-31.81
Gain (Loss) on Sale of Investments	-	-	-	-	45.31	14.18
Pretax Income	24.6	26.48	49.22	16.69	16.49	-17.63
Income Tax Expense	9.47	11.31	12.23	8.12	10.87	9.72
Net Income	15.13	15.17	36.99	8.58	5.62	-27.35
Net Income to Common	15.13	15.17	36.99	8.58	5.62	-27.35
Net Income Growth	-46.91%	-58.99%	331.29%	52.61%	-	-
Shares Outstanding (Basic)	60	59	60	60	60	32
Shares Outstanding (Diluted)	60	59	60	60	60	32
Shares Change (YoY)	0.51%	-0.52%	-0.39%	-	85.55%	61.68%
EPS (Basic)	0.25	0.26	0.62	0.14	0.09	-0.85
EPS (Diluted)	0.25	0.26	0.62	0.14	0.09	-0.85
EPS Growth	-47.18%	-58.78%	332.98%	52.61%	-	-
Free Cash Flow	-97.17	-71.17	138.94	101.46	-2.47	-170.78
Free Cash Flow Per Share	-1.63	-1.20	2.33	1.69	-0.04	-5.28
Operating Margin	4.49%	4.21%	8.70%	4.21%	-8.35%	-6.80%
Profit Margin	2.69%	2.36%	5.97%	1.89%	1.28%	-5.04%
Free Cash Flow Margin	-17.30%	-11.08%	22.43%	22.37%	-0.56%	-31.44%
EBITDA	29.67	31.54	57.9	22.95	-32.7	-33.68
EBITDA Margin	5.28%	4.91%	9.35%	5.06%	-7.47%	-6.20%
D&A For EBITDA	4.47	4.47	3.99	3.84	3.86	3.26
EBIT	25.2	27.07	53.9	19.11	-36.56	-36.93
EBIT Margin	4.49%	4.21%	8.70%	4.21%	-8.35%	-6.80%
Effective Tax Rate	38.50%	42.71%	24.85%	48.62%	65.91%	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.