TADAWUL:8120 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	897.95	898.28	700.53	579.49	484.43	559.52
Total Interest & Dividend Income	27.22	29.62	33.14	30.03	25.57	17.76
Gain (Loss) on Sale of Investments	7.2	4.13	-1.06	12.13	-9.99	-
Other Revenue	1.09	1.76	8.29	35.73	14.96	31.8
Total Revenue	933.45	933.79	740.9	657.38	514.97	609.08
Revenue Growth (YoY)	13.33%	26.03%	12.71%	27.65%	-15.45%	24.11%
Policy Benefits	767.86	808.18	550.96	370.47	388.22	571.08
Policy Acquisition & Underwriting Costs	200.83	200.83	152.48	130.99	107.84	58.47
Selling, General & Administrative	-	-	-	-	-	113.59
Provision for Bad Debts	-	-	-	-	-	2.63
Other Operating Expenses	-5.77	-2.84	-14.52	28.35	34.94	1.87
Total Operating Expenses	962.92	1,006	688.92	529.81	531	747.64
Operating Income	-29.47	-72.39	51.98	127.57	-16.03	-138.56
Interest Expense	-0.41	-0.44	-0.43	-0.53	-0.27	-0.62
EBT Excluding Unusual Items	-29.88	-72.83	51.55	127.04	-16.3	-139.19
Pretax Income	-29.88	-72.83	51.55	127.04	-16.3	-139.19
Income Tax Expense	9.6	10.8	7.91	2	2	2
Net Income	-39.48	-83.63	43.65	125.04	-18.3	-141.19
Net Income to Common	-39.48	-83.63	43.65	125.04	-18.3	-141.19
Net Income Growth	-	-	-65.09%	-	-	-
Shares Outstanding (Basic)	46	46	46	46	39	23
Shares Outstanding (Diluted)	46	46	46	46	39	23
Shares Change (YoY)	0.37%	-	-	19.09%	67.94%	47.42%
EPS (Basic)	-0.86	-1.82	0.95	2.72	-0.47	-6.15
EPS (Diluted)	-0.86	-1.82	0.95	2.72	-0.47	-6.15
EPS Growth	-	-	-65.07%	-	-	-
Free Cash Flow	-95.31	-89.61	62.85	135.47	-72.46	-159.33
Free Cash Flow Per Share	-2.07	-1.95	1.37	2.95	-1.88	-6.94
Operating Margin	-3.16%	-7.75%	7.02%	19.41%	-3.11%	-22.75%
Profit Margin	-4.23%	-8.96%	5.89%	19.02%	-3.55%	-23.18%
Free Cash Flow Margin	-10.21%	-9.60%	8.48%	20.61%	-14.07%	-26.16%
EBITDA	-21.69	-65.14	59.87	135.24	-8.69	-130.08
EBITDA Margin	-2.32%	-6.98%	8.08%	20.57%	-1.69%	-21.36%
D&A For EBITDA	7.78	7.24	7.88	7.67	7.34	8.49
EBIT	-29.47	-72.39	51.98	127.57	-16.03	-138.56
EBIT Margin	-3.16%	-7.75%	7.02%	19.41%	-3.11%	-22.75%
Effective Tax Rate	-	-	15.34%	1.57%	-	-

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