Gulf Insurance Group (TADAWUL:8250)

Gulf Insurance Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	1,504	1,464	1,565	1,481	1,282
Total Interest & Dividend Income	96.33	108.22	97.95	69.7	-
Gain (Loss) on Sale of Investments	-	-0.48	6.96	-3.93	4.31
Other Revenue	-19.94	-	-	-	81.08
Total Revenue	1,580	1,571	1,670	1,546	1,367
Revenue Growth (YoY)	0.56%	-5.89%	7.97%	13.12%	2.12%
Policy Benefits	1,386	1,358	1,454	1,498	885.42
Policy Acquisition & Underwriting Costs	-	-	-	-	129.19
Selling, General & Administrative	-	-	-	-	168.91
Other Operating Expenses	38.69	43.05	11.63	-	16.03
Total Operating Expenses	1,425	1,401	1,466	1,498	1,200
Operating Income	155.24	170.1	203.63	48.57	167.54
Interest Expense	-	-45.97	-48.56	-	-0.81
Other Non Operating Income (Expenses)	0.25	1.32	0.29	-15.15	-
Pretax Income	155.49	125.45	155.37	33.42	166.73
Income Tax Expense	29.3	27.26	26.84	17.51	28.21
Net Income	126.19	98.2	128.53	15.91	138.52
Net Income to Common	126.19	98.2	128.53	15.91	138.52
Net Income Growth	28.51%	-23.60%	707.68%	-88.51%	0.02%
Shares Outstanding (Basic)	53	53	53	53	53
Shares Outstanding (Diluted)	53	53	53	53	53
Shares Change (YoY)	0.15%	-	-	-	-
EPS (Basic)	2.40	1.87	2.45	0.30	2.64
EPS (Diluted)	2.40	1.87	2.45	0.30	2.64
EPS Growth	28.32%	-23.60%	707.68%	-88.51%	-
Free Cash Flow	60.33	69.43	176.48	76.95	108.82
Free Cash Flow Per Share	1.15	1.32	3.36	1.47	2.07
Dividend Per Share	-	1.200	1.500	0.476	0.952
Dividend Growth	-	-20.00%	214.99%	-50.00%	-
Operating Margin	9.83%	10.83%	12.20%	3.14%	12.26%
Profit Margin	7.99%	6.25%	7.70%	1.03%	10.13%
Free Cash Flow Margin	3.82%	4.42%	10.57%	4.98%	7.96%
EBITDA	166.85	175.71	211.9	54.86	174.35
EBITDA Margin	10.56%	11.18%	12.69%	3.55%	12.75%
D&A For EBITDA	11.61	5.61	8.27	6.29	6.81
EBIT	155.24	170.1	203.63	48.57	167.54
EBIT Margin	9.83%	10.83%	12.20%	3.14%	12.26%
Effective Tax Rate	18.84%	21.73%	17.28%	52.39%	16.92%

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