TADAWUL:8160 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	571.05	539.73	700.06	449.09	275.42	240.17
Total Interest & Dividend Income	25.77	31.75	24.08	26.03	3.59	3.72
Gain (Loss) on Sale of Investments	-	-	-	-	2.68	2.02
Other Revenue	-	-	-	-	32.35	13.73
Total Revenue	596.82	571.47	724.14	475.12	314.04	259.64
Revenue Growth (YoY)	-3.68%	-21.08%	52.41%	51.29%	20.95%	7.34%
Policy Benefits	566.9	503.06	623.54	425.92	216.86	158.46
Policy Acquisition & Underwriting Costs	-	-	-	-	32.84	27.48
Selling, General & Administrative	-	-	-	-	73.46	68.85
Provision for Bad Debts	-0.04	-0.24	0.13	0.11	-9.65	-8.24
Other Operating Expenses	19.54	30.61	41.71	22.29	-	0.81
Total Operating Expenses	586.4	533.42	665.38	448.32	313.51	247.38
Operating Income	10.42	38.05	58.76	26.8	0.53	12.26
Interest Expense	-	-	-	-21.9	-	-
Other Non Operating Income (Expenses)	2.07	3.08	17.53	6.86	-	-
Pretax Income	12.49	41.13	76.29	11.76	0.53	12.26
Income Tax Expense	7.4	9.4	10	4.5	6.05	6
Net Income	5.09	31.73	66.29	7.26	-5.52	6.26
Preferred Dividends & Other Adjustments	-0.36	1.58	5.83	1.06	-	-
Net Income to Common	5.46	30.15	60.46	6.2	-5.52	6.26
Net Income Growth	-89.41%	-52.14%	813.64%	-	-	-
Shares Outstanding (Basic)	53	53	53	29	27	27
Shares Outstanding (Diluted)	53	53	53	29	27	27
Shares Change (YoY)	-1.91%	-	81.04%	10.47%	-	-
EPS (Basic)	0.10	0.57	1.14	0.21	-0.21	0.24
EPS (Diluted)	0.10	0.57	1.14	0.21	-0.21	0.24
EPS Growth	-87.59%	-50.14%	438.66%	-	-	-
Free Cash Flow	115.04	-25.25	74.75	126.6	-33.15	-27.95
Free Cash Flow Per Share	2.17	-0.48	1.41	4.32	-1.25	-1.05
Operating Margin	1.75%	6.66%	8.12%	5.64%	0.17%	4.72%
Profit Margin	0.91%	5.27%	8.35%	1.31%	-1.76%	2.41%
Free Cash Flow Margin	19.28%	-4.42%	10.32%	26.65%	-10.55%	-10.76%
EBITDA	15.95	42.81	62.62	29.81	3.15	14.46
EBITDA Margin	2.67%	7.49%	8.65%	6.27%	1.00%	5.57%
D&A For EBITDA	5.53	4.76	3.86	3	2.62	2.21
EBIT	10.42	38.05	58.76	26.8	0.53	12.26
EBIT Margin	1.75%	6.66%	8.11%	5.64%	0.17%	4.72%
Effective Tax Rate	59.22%	22.86%	13.11%	38.28%	1140.09%	48.95%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.