TADAWUL:8260 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	363	414.35	315.65	315.69	220.07	219.15
Total Interest & Dividend Income	1.85	1.78	3.86	1.22	-	-
Gain (Loss) on Sale of Investments	3.96	2.64	8.71	-4.97	13.37	2.26
Other Revenue	10.19	13.43	19.08	27.62	22.48	29.24
Total Revenue	378.99	432.19	347.29	339.56	255.91	250.65
Revenue Growth (YoY)	-3.37%	24.45%	2.28%	32.68%	2.10%	24.76%
Policy Benefits	484.43	472.97	324.18	373.17	220.71	147.12
Policy Acquisition & Underwriting Costs	-	-	-	-	40.94	21.6
Selling, General & Administrative	-	-	-	-	74.08	73.35
Provision for Bad Debts	-	-	-	-	1.78	-4.07
Other Operating Expenses	15.84	10.69	13.82	17.47	2.48	3.78
Reinsurance Income or Expense	-	-	-	-49.59	-	-
Total Operating Expenses	500.26	483.65	338	440.24	339.99	241.78
Operating Income	-121.27	-51.46	9.29	-100.68	-84.08	8.86
Interest Expense	-1.35	-0.87	-7.89	-1.32	-	-
Other Non Operating Income (Expenses)	-	-	4.92	-	-	-
EBT Excluding Unusual Items	-122.62	-52.33	6.32	-102	-84.08	8.86
Impairment of Goodwill	-36.26	-36.26	-	-	-	-
Pretax Income	-158.88	-88.59	6.32	-102	-84.08	8.86
Income Tax Expense	4.8	5.62	2.79	4.02	2.7	5.11
Net Income	-163.68	-94.21	3.53	-106.02	-86.78	3.75
Net Income to Common	-163.68	-94.21	3.53	-106.02	-86.78	3.75
Shares Outstanding (Basic)	30	30	30	30	17	12
Shares Outstanding (Diluted)	30	30	30	30	17	12
Shares Change (YoY)	-	-	-	81.82%	37.50%	-
EPS (Basic)	-5.46	-3.14	0.12	-3.53	-5.26	0.31
EPS (Diluted)	-5.46	-3.14	0.12	-3.53	-5.26	0.31
Free Cash Flow	-124.06	-19.23	16.42	-105.6	-140.92	13.37
Free Cash Flow Per Share	-4.13	-0.64	0.55	-3.52	-8.54	1.11
Operating Margin	-32.00%	-11.91%	2.67%	-29.65%	-32.85%	3.54%
Profit Margin	-43.19%	-21.80%	1.02%	-31.22%	-33.91%	1.50%
Free Cash Flow Margin	-32.73%	-4.45%	4.73%	-31.10%	-55.07%	5.34%
EBITDA	-118.9	-49.04	11.58	-98.36	-83.64	11.11
EBITDA Margin	-31.37%	-11.35%	3.33%	-28.97%	-32.68%	4.43%
D&A For EBITDA	2.37	2.42	2.29	2.32	0.43	2.25
EBIT	-121.27	-51.46	9.29	-100.68	-84.08	8.86
EBIT Margin	-32.00%	-11.91%	2.67%	-29.65%	-32.85%	3.54%
Effective Tax Rate	-	-	44.10%	-	-	57.65%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.