Saudi Enaya Cooperative Insurance Company (TADAWUL:8311)

TADAWUL:8311 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	233.51	250.88	226.93	157.3	177.08
Total Interest & Dividend Income	13.37	14.85	5.19	-	0.11
Gain (Loss) on Sale of Investments	-	-	0.13	5.5	0.3
Other Revenue	0.9	5.01	5.05	3.59	4.56
Total Revenue	247.78	270.74	237.3	166.39	182.05
Revenue Growth (YoY)	-8.48%	14.09%	42.62%	-8.60%	101.69%
Policy Benefits	258.48	236.2	233.78	162.48	150.99
Policy Acquisition & Underwriting Costs	-	-	-	7.6	5.92
Selling, General & Administrative	-	-	-	47.95	55.82
Provision for Bad Debts	-0.07	-0.77	0.35	-2.62	0.18
Other Operating Expenses	15.73	14.63	10.33	8.96	1.06
Total Operating Expenses	274.14	250.05	244.46	224.37	213.96
Operating Income	-26.35	20.68	-7.16	-57.99	-31.91
Other Non Operating Income (Expenses)	-	-	2.25	-	-
Pretax Income	-26.35	20.68	-4.91	-57.99	-31.91
Income Tax Expense	0.41	0.46	1.45	3.99	-3.5
Net Income	-26.76	20.22	-6.36	-61.97	-28.41
Net Income to Common	-26.76	20.22	-6.36	-61.97	-28.41
Shares Outstanding (Basic)	23	23	14	10	10
Shares Outstanding (Diluted)	23	23	14	10	10
Shares Change (YoY)	-	68.60%	36.42%	-	2.00%
EPS (Basic)	-1.16	0.88	-0.47	-6.20	-2.84
EPS (Diluted)	-1.16	0.88	-0.47	-6.20	-2.84
Free Cash Flow	-45.78	-19.12	-52.45	9.63	-23.58
Free Cash Flow Per Share	-1.99	-0.83	-3.85	0.96	-2.36
Operating Margin	-10.64%	7.64%	-3.02%	-34.85%	-17.53%
Profit Margin	-10.80%	7.47%	-2.68%	-37.25%	-15.61%
Free Cash Flow Margin	-18.48%	-7.06%	-22.10%	5.79%	-12.95%
EBITDA	-25.15	21.86	-6.05	-56.4	-30.4
EBITDA Margin	-10.15%	8.07%	-2.55%	-33.90%	-16.70%
D&A For EBITDA	1.2	1.18	1.11	1.58	1.51
EBIT	-26.35	20.68	-7.16	-57.99	-31.91
EBIT Margin	-10.63%	7.64%	-3.02%	-34.85%	-17.53%
Effective Tax Rate	-	2.23%	-	-	-

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