TADAWUL:8040 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	493.67	505.37	588.29	576.72	432.27	417.85
Total Interest & Dividend Income	35.11	35.11	44.09	38.27	17.23	15.04
Other Revenue	-1.12	-1.12	9.79	4.52	4.03	4.87
Total Revenue	527.66	539.36	642.17	619.5	453.52	437.76
Revenue Growth (YoY)	-12.28%	-16.01%	3.66%	36.60%	3.60%	-19.41%
Policy Benefits	493.77	493.77	580.12	546.51	412.34	308.63
Policy Acquisition & Underwriting Costs	-	-	-	-	-	37.67
Depreciation & Amortization	1.2	1.2	1.23	1.2	1.15	-
Selling, General & Administrative	22.93	22.93	25.32	12.8	14.26	122.91
Provision for Bad Debts	-	-	-	-	-	4.25
Other Operating Expenses	8.93	3.16	2.44	1.48	2.87	0.87
Total Operating Expenses	526.88	521.11	615.1	565.59	434.41	474.32
Operating Income	0.77	18.25	27.07	53.9	19.11	-36.56
Other Non Operating Income (Expenses)	-0.67	-0.67	-0.59	-4.68	-2.42	7.74
EBT Excluding Unusual Items	0.11	17.58	26.48	49.22	16.69	-28.82
Gain (Loss) on Sale of Investments	-	-	-	-	-	45.31
Pretax Income	0.11	17.58	26.48	49.22	16.69	16.49
Income Tax Expense	9.14	10.17	11.31	12.23	8.12	10.87
Net Income	-9.03	7.41	15.17	36.99	8.58	5.62
Net Income to Common	-9.03	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	59	60	60	60
Shares Outstanding (Diluted)	59	59	59	60	60	60
Shares Change (YoY)	-0.56%	-0.98%	-0.52%	-0.39%	-	85.55%
EPS (Basic)	-0.15	0.13	0.26	0.62	0.14	0.09
EPS (Diluted)	-0.15	0.13	0.26	0.62	0.14	0.09
EPS Growth	-	-50.69%	-58.78%	332.98%	52.61%	-
Free Cash Flow	-81.56	-56.51	-71.17	138.94	101.46	-2.47
Free Cash Flow Per Share	-1.38	-0.96	-1.20	2.33	1.69	-0.04
Operating Margin	0.15%	3.38%	4.21%	8.70%	4.21%	-8.35%
Profit Margin	-1.71%	1.37%	2.36%	5.97%	1.89%	1.28%
Free Cash Flow Margin	-15.46%	-10.48%	-11.08%	22.43%	22.37%	-0.56%
EBITDA	4.77	22.26	31.54	57.9	22.95	-32.7
EBITDA Margin	0.91%	4.13%	4.91%	9.35%	5.06%	-7.47%
D&A For EBITDA	4	4.01	4.47	3.99	3.84	3.86
EBIT	0.77	18.25	27.07	53.9	19.11	-36.56
EBIT Margin	0.15%	3.38%	4.21%	8.70%	4.21%	-8.35%
Effective Tax Rate	8354.64%	57.87%	42.71%	24.85%	48.62%	65.91%

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