TADAWUL:8150 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	744.07	788.83	882.45	580.13	457.88	438.21
Total Interest & Dividend Income	21.81	44.23	38.45	14.24	2	2.06
Gain (Loss) on Sale of Investments	6.29	-0.49	-	-	-	-
Other Revenue	-	-	-	-	6.92	13.02
Total Revenue	772.17	832.57	920.89	594.37	466.81	453.29
Revenue Growth (YoY)	-13.65%	-9.59%	54.94%	27.33%	2.98%	-5.97%
Policy Benefits	826.83	815.62	835.37	613.05	411.17	340.7
Policy Acquisition & Underwriting Costs	-	-	-	-	75.52	36.11
Selling, General & Administrative	-	-	-	-	82.47	76.59
Provision for Bad Debts	-0.33	0.22	0.02	-0.19	1.78	-4.35
Other Operating Expenses	29.4	26.11	13.3	6.29	-0.12	0.7
Total Operating Expenses	855.9	841.95	848.69	619.15	570.82	449.74
Operating Income	-83.73	-9.38	72.21	-24.78	-104.01	3.55
Pretax Income	-83.73	-9.38	72.21	-24.78	-104.01	3.55
Income Tax Expense	6.06	7.1	8.8	-7.43	10.58	4.46
Net Income	-89.79	-16.48	63.41	-17.34	-114.58	-0.92
Net Income to Common	-89.79	-16.48	63.41	-17.34	-114.58	-0.92
Shares Outstanding (Basic)	29	29	29	21	14	14
Shares Outstanding (Diluted)	29	29	29	21	14	14
Shares Change (YoY)	-	-	37.16%	50.47%	-	-
EPS (Basic)	-3.09	-0.57	2.18	-0.82	-8.13	-0.07
EPS (Diluted)	-3.09	-0.57	2.18	-0.82	-8.13	-0.07
Free Cash Flow	87.37	-58.53	139.01	110.67	-24.92	-9.54
Free Cash Flow Per Share	3.00	-2.01	4.78	5.22	-1.77	-0.68
Operating Margin	-10.84%	-1.13%	7.84%	-4.17%	-22.28%	0.78%
Profit Margin	-11.63%	-1.98%	6.88%	-2.92%	-24.55%	-0.20%
Free Cash Flow Margin	11.31%	-7.03%	15.10%	18.62%	-5.34%	-2.10%
EBITDA	-81.43	-7.35	74.06	-23.22	-102.23	5.27
EBITDA Margin	-10.54%	-0.88%	8.04%	-3.91%	-21.90%	1.16%
D&A For EBITDA	2.3	2.04	1.86	1.56	1.78	1.73
EBIT	-83.73	-9.38	72.21	-24.78	-104.01	3.55
EBIT Margin	-10.84%	-1.13%	7.84%	-4.17%	-22.28%	0.78%
Effective Tax Rate	-	-	12.19%	-	-	125.86%

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