Gulf Insurance Group (TADAWUL:8250)

Gulf Insurance Group 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,471	1,464	1,565	1,481	1,282	1,265
Total Interest & Dividend Income	102.96	108.22	97.95	69.7	-	-
Gain (Loss) on Sale of Investments	4.81	-0.48	6.96	-3.93	4.31	3.48
Other Revenue	-	-	-	-	81.08	70.32
Total Revenue	1,579	1,571	1,670	1,546	1,367	1,339
Revenue Growth (YoY)	-4.44%	-5.89%	7.97%	13.12%	2.12%	1.53%
Policy Benefits	1,342	1,358	1,454	1,498	885.42	879.32
Policy Acquisition & Underwriting Costs	-	-	-	-	129.19	107.69
Selling, General & Administrative	-	-	-	-	168.91	167.61
Other Operating Expenses	31.8	43.05	11.63	-	16.03	16.56
Total Operating Expenses	1,374	1,401	1,466	1,498	1,200	1,171
Operating Income	204.82	170.1	203.63	48.57	167.54	167.54
Interest Expense	-35.37	-45.97	-48.56	-	-0.81	-0.7
Other Non Operating Income (Expenses)	2.12	1.32	0.29	-15.15	-	-
Pretax Income	171.57	125.45	155.37	33.42	166.73	166.84
Income Tax Expense	31.76	27.26	26.84	17.51	28.21	28.34
Net Income	139.81	98.2	128.53	15.91	138.52	138.5
Net Income to Common	139.81	98.2	128.53	15.91	138.52	138.5
Net Income Growth	83.95%	-23.60%	707.68%	-88.51%	0.02%	59.77%
Shares Outstanding (Basic)	53	53	53	53	53	53
Shares Outstanding (Diluted)	53	53	53	53	53	53
EPS (Basic)	2.66	1.87	2.45	0.30	2.64	2.64
EPS (Diluted)	2.66	1.87	2.45	0.30	2.64	2.64
EPS Growth	83.95%	-23.60%	707.68%	-88.51%	-	60.12%
Free Cash Flow	38.18	69.43	176.48	76.95	108.82	258.39
Free Cash Flow Per Share	0.73	1.32	3.36	1.47	2.07	4.92
Dividend Per Share	1.200	1.200	1.500	0.476	0.952	-
Dividend Growth	-20.00%	-20.00%	214.99%	-50.00%	-	-
Operating Margin	12.97%	10.83%	12.20%	3.14%	12.26%	12.52%
Profit Margin	8.86%	6.25%	7.70%	1.03%	10.13%	10.35%
Free Cash Flow Margin	2.42%	4.42%	10.57%	4.98%	7.96%	19.30%
EBITDA	208.76	175.71	211.9	54.86	174.35	173.71
EBITDA Margin	13.22%	11.18%	12.69%	3.55%	12.75%	12.98%
D&A For EBITDA	3.93	5.61	8.27	6.29	6.81	6.18
EBIT	204.82	170.1	203.63	48.57	167.54	167.54
EBIT Margin	12.97%	10.83%	12.20%	3.14%	12.26%	12.52%
Effective Tax Rate	18.51%	21.73%	17.28%	52.39%	16.92%	16.98%

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