Al Sagr Cooperative Insurance Company (TADAWUL:8180)

TADAWUL:8180 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	535.58	503.66	486.22	473.35	304.26	380.61
Total Interest & Dividend Income	28	26.57	21.47	4.27	6.08	12.51
Gain (Loss) on Sale of Investments	-3.95	0.28	13.44	-2.9	24.18	8.58
Other Revenue	1.71	3.36	14.11	18.75	20.67	15.5
Total Revenue	561.33	533.87	535.24	493.46	355.19	417.2
Revenue Growth (YoY)	5.44%	-0.25%	8.46%	38.93%	-14.86%	9.39%
Policy Benefits	526.02	473.24	465.4	513.01	321.33	425.88
Policy Acquisition & Underwriting Costs	-	-	-	-	26.47	26.68
Selling, General & Administrative	-	-	-	-	75.49	69.38
Provision for Bad Debts	-	-	-	-	3.21	0.08
Other Operating Expenses	20.35	19.95	20.31	29.25	1.27	1.16
Total Operating Expenses	546.38	493.19	485.71	542.26	427.76	523.18
Operating Income	14.95	40.69	49.53	-48.8	-72.57	-105.98
Interest Expense	-0.03	-0.01	-0.03	-0.06	-0.13	-
EBT Excluding Unusual Items	14.92	40.67	49.5	-48.86	-72.7	-105.98
Pretax Income	14.92	40.67	49.5	-48.86	-72.7	-105.98
Income Tax Expense	8.41	8.81	7.2	4.6	1.77	6.5
Net Income	6.51	31.86	42.3	-53.46	-74.47	-112.48
Net Income to Common	6.51	31.86	42.3	-53.46	-74.47	-112.48
Net Income Growth	-83.60%	-24.69%	-	-	-	-
Shares Outstanding (Basic)	29	25	14	14	14	14
Shares Outstanding (Diluted)	29	25	14	14	14	14
Shares Change (YoY)	109.34%	80.77%	-	-	-	-
EPS (Basic)	0.22	1.26	3.02	-3.82	-5.32	-8.03
EPS (Diluted)	0.22	1.26	3.02	-3.82	-5.32	-8.03
EPS Growth	-92.23%	-58.34%	-	-	-	-
Free Cash Flow	10.18	24.43	-3.16	-74.11	-126.56	-161.31
Free Cash Flow Per Share	0.35	0.96	-0.23	-5.29	-9.04	-11.52
Operating Margin	2.66%	7.62%	9.25%	-9.89%	-20.43%	-25.40%
Profit Margin	1.16%	5.97%	7.90%	-10.83%	-20.97%	-26.96%
Free Cash Flow Margin	1.81%	4.58%	-0.59%	-15.02%	-35.63%	-38.66%
EBITDA	16.02	41.78	50.73	-47.05	-71.81	-104.73
EBITDA Margin	2.85%	7.83%	9.48%	-9.54%	-20.22%	-25.10%
D&A For EBITDA	1.07	1.1	1.2	1.74	0.76	1.25
EBIT	14.95	40.69	49.53	-48.8	-72.57	-105.98
EBIT Margin	2.66%	7.62%	9.25%	-9.89%	-20.43%	-25.40%
Effective Tax Rate	56.38%	21.67%	14.54%	-	-	-

Updated Nov 10, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.