TADAWUL:8040 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	505.37	588.29	576.72	432.27	417.85
Total Interest & Dividend Income	35.11	44.09	38.27	17.23	15.04
Other Revenue	-1.12	9.79	4.52	4.03	4.87
Total Revenue	539.36	642.17	619.5	453.52	437.76
Revenue Growth (YoY)	-16.01%	3.66%	36.60%	3.60%	-19.41%
Policy Benefits	493.77	580.12	546.51	412.34	308.63
Policy Acquisition & Underwriting Costs	-	-	-	-	37.67
Depreciation & Amortization	1.2	1.23	1.2	1.15	-
Selling, General & Administrative	22.93	25.32	12.8	14.26	122.91
Provision for Bad Debts	-	-	-	-	4.25
Other Operating Expenses	3.16	2.44	1.48	2.87	0.87
Total Operating Expenses	521.11	615.1	565.59	434.41	474.32
Operating Income	18.25	27.07	53.9	19.11	-36.56
Other Non Operating Income (Expenses)	-0.67	-0.59	-4.68	-2.42	7.74
EBT Excluding Unusual Items	17.58	26.48	49.22	16.69	-28.82
Gain (Loss) on Sale of Investments	-	-	-	-	45.31
Pretax Income	17.58	26.48	49.22	16.69	16.49
Income Tax Expense	10.17	11.31	12.23	8.12	10.87
Net Income	7.41	15.17	36.99	8.58	5.62
Net Income to Common	7.41	15.17	36.99	8.58	5.62
Net Income Growth	-51.17%	-58.99%	331.29%	52.61%	-
Shares Outstanding (Basic)	59	59	60	60	60
Shares Outstanding (Diluted)	59	59	60	60	60
Shares Change (YoY)	-0.98%	-0.52%	-0.39%	-	85.55%
EPS (Basic)	0.13	0.26	0.62	0.14	0.09
EPS (Diluted)	0.13	0.26	0.62	0.14	0.09
EPS Growth	-50.69%	-58.78%	332.98%	52.61%	-
Free Cash Flow	-56.51	-71.17	138.94	101.46	-2.47
Free Cash Flow Per Share	-0.96	-1.20	2.33	1.69	-0.04
Operating Margin	3.38%	4.21%	8.70%	4.21%	-8.35%
Profit Margin	1.37%	2.36%	5.97%	1.89%	1.28%
Free Cash Flow Margin	-10.48%	-11.08%	22.43%	22.37%	-0.56%
EBITDA	22.26	31.54	57.9	22.95	-32.7
EBITDA Margin	4.13%	4.91%	9.35%	5.06%	-7.47%
D&A For EBITDA	4.01	4.47	3.99	3.84	3.86
EBIT	18.25	27.07	53.9	19.11	-36.56
EBIT Margin	3.38%	4.21%	8.70%	4.21%	-8.35%
Effective Tax Rate	57.87%	42.71%	24.85%	48.62%	65.91%

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