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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,469	1,464	1,565	1,481	1,282	1,265
Total Interest & Dividend Income	99.33	108.22	97.95	69.7	-	-
Gain (Loss) on Sale of Investments	1.94	-0.48	6.96	-3.93	4.31	3.48
Other Revenue	-	-	-	-	81.08	70.32
Total Revenue	1,570	1,571	1,670	1,546	1,367	1,339
Revenue Growth (YoY)	-5.39%	-5.89%	7.97%	13.12%	2.12%	1.53%
Policy Benefits	1,340	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	43.3	43.05	11.63	-	16.03	16.56
Total Operating Expenses	1,384	1,401	1,466	1,498	1,200	1,171
Operating Income	186.19	170.1	203.63	48.57	167.54	167.54
Interest Expense	-34.61	-45.97	-48.56	-	-0.81	-0.7
Other Non Operating Income (Expenses)	2.2	1.32	0.29	-15.15	-	-
Pretax Income	153.77	125.45	155.37	33.42	166.73	166.84
Income Tax Expense	26.59	27.26	26.84	17.51	28.21	28.34
Net Income	127.19	98.2	128.53	15.91	138.52	138.5
Net Income to Common	127.19	98.2	128.53	15.91	138.52	138.5
Net Income Growth	97.54%	-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)	2.42	1.87	2.45	0.30	2.64	2.64
EPS (Diluted)	2.42	1.87	2.45	0.30	2.64	2.64
EPS Growth	98.22%	-23.60%	707.68%	-88.51%	-	60.12%
Free Cash Flow	98.65	69.43	176.48	76.95	108.82	258.39
Free Cash Flow Per Share	1.88	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	11.86%	10.83%	12.20%	3.14%	12.26%	12.52%
Profit Margin	8.10%	6.25%	7.70%	1.03%	10.13%	10.35%
Free Cash Flow Margin	6.28%	4.42%	10.57%	4.98%	7.96%	19.30%
EBITDA	190.38	175.71	211.9	54.86	174.35	173.71
EBITDA Margin	12.13%	11.18%	12.69%	3.55%	12.75%	12.98%
D&A For EBITDA	4.2	5.61	8.27	6.29	6.81	6.18
EBIT	186.19	170.1	203.63	48.57	167.54	167.54
EBIT Margin	11.86%	10.83%	12.20%	3.14%	12.26%	12.52%
Effective Tax Rate	17.29%	21.73%	17.28%	52.39%	16.92%	16.98%

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