Saudi Reinsurance Company (TADAWUL:8200)

Saudi Reinsurance Company Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	1,909	1,672	1,130	627.19	697	854.73
Total Interest & Dividend Income	65.2	65.34	35.61	25.87	11.2	16.16
Gain (Loss) on Sale of Investments	-0.36	-0.36	367.15	-0.11	-	12.12
Other Revenue	-10.3	-	-	-	-	38.33
Total Revenue	1,964	1,737	1,533	652.95	708.2	921.35
Revenue Growth (YoY)	17.46%	13.36%	134.74%	-7.80%	-23.13%	32.14%
Policy Benefits	1,700	1,486	945.12	608.86	613.41	565.31
Policy Acquisition & Underwriting Costs	58.23	58.23	39.35	14.9	-	235.67
Depreciation & Amortization	3.24	3.24	3.34	2.71	2.82	-
Selling, General & Administrative	31.41	31.41	25.8	24.47	23.59	60.26
Provision for Bad Debts	-0.17	-0	-	-9.61	6.14	0.15
Other Operating Expenses	-105.69	-107.73	-41.21	-163.52	-39.59	4.37
Total Operating Expenses	1,765	1,549	1,029	535.99	649.39	865.76
Operating Income	198.47	188.53	503.34	116.96	58.81	55.59
Earnings From Equity Investments	-	-	2.51	40.07	33.1	-
Currency Exchange Gain (Loss)	-4.68	-4.68	-7.11	-3.12	-	-3.38
Other Non Operating Income (Expenses)	6.72	6.79	6.98	4.66	-0.59	1.11
Pretax Income	200.51	190.64	505.72	158.56	91.32	53.31
Income Tax Expense	49.15	50.59	30.9	34.13	15.27	15.01
Net Income	151.36	140.04	474.81	124.43	76.05	38.31
Net Income to Common	151.36	140.04	474.81	124.43	76.05	38.31
Net Income Growth	-68.36%	-70.50%	281.59%	63.61%	98.52%	-16.57%
Shares Outstanding (Basic)	167	167	129	129	129	129
Shares Outstanding (Diluted)	167	167	129	129	129	129
Shares Change (YoY)	20.61%	30.00%	-0.00%	-	-	-
EPS (Basic)	0.91	0.84	3.69	0.97	0.59	0.30
EPS (Diluted)	0.91	0.84	3.69	0.97	0.59	0.30
EPS Growth	-73.77%	-77.31%	281.59%	63.61%	98.52%	-16.57%
Free Cash Flow	273.1	257.17	182.97	-9.36	70.89	405.53
Free Cash Flow Per Share	1.64	1.54	1.42	-0.07	0.55	3.15
Operating Margin	10.11%	10.85%	32.84%	17.91%	8.30%	6.03%
Profit Margin	7.71%	8.06%	30.98%	19.06%	10.74%	4.16%
Free Cash Flow Margin	13.91%	14.80%	11.94%	-1.43%	10.01%	44.02%
EBITDA	200.01	190.06	504.98	118.72	61.41	57.96
EBITDA Margin	10.18%	10.94%	32.95%	18.18%	8.67%	6.29%
D&A For EBITDA	1.54	1.53	1.64	1.77	2.6	2.37
EBIT	198.47	188.53	503.34	116.96	58.81	55.59
EBIT Margin	10.11%	10.85%	32.84%	17.91%	8.30%	6.03%
Effective Tax Rate	24.51%	26.54%	6.11%	21.53%	16.72%	28.14%

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