TADAWUL:8070 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	1,336	1,059	795.81	602.58	365.44
Total Interest & Dividend Income	144.81	126.96	161.51	36.55	1.63
Gain (Loss) on Sale of Investments	-2.33	18.8	4.26	0.12	13.18
Other Revenue	3.65	7.58	17.82	-	60.46
Total Revenue	1,482	1,213	979.4	639.26	440.72
Revenue Growth (YoY)	22.19%	23.83%	53.21%	45.05%	11.32%
Policy Benefits	1,189	805.1	655.32	611.29	277.67
Policy Acquisition & Underwriting Costs	150.02	137.37	73.73	-	38.65
Depreciation & Amortization	-	-	-	-	4.38
Selling, General & Administrative	0.08	0.49	0.68	0.12	57
Provision for Bad Debts	-	-	-	-	5.88
Other Operating Expenses	93.45	116.33	86.53	27.46	20.53
Total Operating Expenses	1,432	1,059	816.25	638.86	404.11
Operating Income	49.78	153.47	163.15	0.4	36.61
Interest Expense	-81.01	-59.76	-83.31	-	-
Currency Exchange Gain (Loss)	-0.03	0.01	0.05	0.01	-
EBT Excluding Unusual Items	-31.27	93.73	79.89	0.41	36.61
Other Unusual Items	-	-	7.99	-	-
Pretax Income	-31.27	93.73	87.89	0.41	36.61
Income Tax Expense	12.48	22.73	20.95	18.63	10.45
Net Income	-43.75	71	66.94	-18.23	26.15
Net Income to Common	-43.75	71	66.94	-18.23	26.15
Net Income Growth	-	6.06%	-	-	-17.39%
Shares Outstanding (Basic)	80	80	66	63	40
Shares Outstanding (Diluted)	80	80	66	63	40
Shares Change (YoY)	-	20.86%	4.60%	57.84%	-0.18%
EPS (Basic)	-0.55	0.89	1.01	-0.29	0.65
EPS (Diluted)	-0.55	0.89	1.01	-0.29	0.65
EPS Growth	-	-12.25%	-	-	-17.24%
Free Cash Flow	32.11	-34.12	226.04	83.13	-76.1
Free Cash Flow Per Share	0.40	-0.43	3.42	1.32	-1.90
Operating Margin	3.36%	12.65%	16.66%	0.06%	8.31%
Profit Margin	-2.95%	5.85%	6.83%	-2.85%	5.93%
Free Cash Flow Margin	2.17%	-2.81%	23.08%	13.00%	-17.27%
EBITDA	57.34	168.73	173.66	5.46	38.05
EBITDA Margin	3.87%	13.91%	17.73%	0.85%	8.63%
D&A For EBITDA	7.57	15.25	10.51	5.06	1.44
EBIT	49.78	153.47	163.15	0.4	36.61
EBIT Margin	3.36%	12.65%	16.66%	0.06%	8.31%
Effective Tax Rate	-	24.25%	23.84%	4588.92%	28.56%

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