Saudi Arabian Cooperative Insurance Company (TADAWUL:8100)

TADAWUL:8100 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	679.46	781.48	667.94	567.04	528.4
Total Interest & Dividend Income	22.96	18.06	6.62	11.48	13.21
Gain (Loss) on Sale of Investments	0.28	0.34	15	2.11	-0.64
Other Revenue	1.45	20.64	-	27.35	41.02
Total Revenue	704.15	820.51	689.56	607.99	581.98
Revenue Growth (YoY)	-14.18%	18.99%	13.42%	4.47%	-15.54%
Policy Benefits	635.19	729.73	745.79	463.48	343.89
Policy Acquisition & Underwriting Costs	-	-	-	61.09	58.24
Selling, General & Administrative	-	-	7.56	129.61	112.66
Provision for Bad Debts	-	-	-	9.34	4.03
Other Operating Expenses	14.98	12.45	-	-	5.58
Total Operating Expenses	650.17	742.18	753.35	663.53	524.39
Operating Income	53.99	78.33	-63.79	-55.54	57.58
Other Non Operating Income (Expenses)	-	-	9.38	-	-
Pretax Income	53.99	78.33	-54.41	-55.54	57.58
Income Tax Expense	4.67	7.24	7.24	7.1	10.26
Net Income	49.32	71.1	-61.65	-62.63	47.32
Net Income to Common	49.32	71.1	-61.65	-62.63	47.32
Net Income Growth	-30.63%	-	-	-	-
Shares Outstanding (Basic)	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30
EPS (Basic)	1.64	2.37	-2.05	-2.09	1.58
EPS (Diluted)	1.64	2.37	-2.05	-2.09	1.58
EPS Growth	-30.63%	-	-	-	-
Free Cash Flow	174.97	-9.16	-5	-41.34	-16.23
Free Cash Flow Per Share	5.83	-0.30	-0.17	-1.38	-0.54
Operating Margin	7.67%	9.55%	-9.25%	-9.13%	9.89%
Profit Margin	7.00%	8.67%	-8.94%	-10.30%	8.13%
Free Cash Flow Margin	24.85%	-1.12%	-0.73%	-6.80%	-2.79%
EBITDA	62.19	81.92	-61.14	-52.4	61.56
EBITDA Margin	8.83%	9.98%	-8.87%	-8.62%	10.58%
D&A For EBITDA	8.2	3.59	2.65	3.14	3.97
EBIT	53.99	78.33	-63.79	-55.54	57.58
EBIT Margin	7.67%	9.55%	-9.25%	-9.13%	9.89%
Effective Tax Rate	8.64%	9.24%	-	-	17.82%

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.