Allied Cooperative Insurance Group (TADAWUL:8150)

TADAWUL:8150 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	883.35	882.45	580.13	457.88	438.21
Total Interest & Dividend Income	-	38.45	14.24	2	2.06
Other Revenue	-	-	-	6.92	13.02
Total Revenue	883.35	920.89	594.37	466.81	453.29
Revenue Growth (YoY)	-4.08%	54.94%	27.33%	2.98%	-5.97%
Policy Benefits	892.74	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	-	0.02	-0.19	1.78	-4.35
Other Operating Expenses	-	13.3	6.29	-0.12	0.7
Total Operating Expenses	892.74	848.69	619.15	570.82	449.74
Operating Income	-9.38	72.21	-24.78	-104.01	3.55
Pretax Income	-9.38	72.21	-24.78	-104.01	3.55
Income Tax Expense	7.1	8.8	-7.43	10.58	4.46
Net Income	-16.48	63.41	-17.34	-114.58	-0.92
Net Income to Common	-16.48	63.41	-17.34	-114.58	-0.92
Shares Outstanding (Basic)	29	29	21	14	14
Shares Outstanding (Diluted)	29	29	21	14	14
Shares Change (YoY)	-0.63%	37.16%	50.47%	-	-
EPS (Basic)	-0.57	2.18	-0.82	-8.13	-0.07
EPS (Diluted)	-0.57	2.18	-0.82	-8.13	-0.07
Free Cash Flow	-57.5	139.02	110.67	-24.92	-9.54
Free Cash Flow Per Share	-1.99	4.78	5.22	-1.77	-0.68
Operating Margin	-1.06%	7.84%	-4.17%	-22.28%	0.78%
Profit Margin	-1.87%	6.88%	-2.92%	-24.55%	-0.20%
Free Cash Flow Margin	-6.51%	15.10%	18.62%	-5.34%	-2.10%
EBITDA	-7.32	74.06	-23.22	-102.23	5.27
EBITDA Margin	-0.83%	8.04%	-3.91%	-21.90%	1.16%
D&A For EBITDA	2.06	1.86	1.56	1.78	1.73
EBIT	-9.38	72.21	-24.78	-104.01	3.55
EBIT Margin	-1.06%	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.