TADAWUL:8311 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	146.47	170.54	233.51	250.88	226.93	157.3
Total Interest & Dividend Income	8.63	8.91	13.17	14.85	5.19	-
Gain (Loss) on Sale of Investments	-	-	0.21	-	0.13	5.5
Other Revenue	-	-	0.9	5.01	5.05	3.59
Total Revenue	155.1	179.45	247.78	270.74	237.3	166.39
Revenue Growth (YoY)	-35.65%	-27.58%	-8.48%	14.09%	42.62%	-8.60%
Policy Benefits	137.45	159.69	258.48	236.2	233.78	162.48
Policy Acquisition & Underwriting Costs	-	-	-	-	-	7.6
Selling, General & Administrative	-	-	-	-	-	47.95
Provision for Bad Debts	-	-0.01	-0.07	-0.77	0.35	-2.62
Other Operating Expenses	16.23	18.43	15.73	14.63	10.33	8.96
Total Operating Expenses	153.68	178.1	274.14	250.05	244.46	224.37
Operating Income	1.42	1.34	-26.35	20.68	-7.16	-57.99
Other Non Operating Income (Expenses)	-	-	-	-	2.25	-
Pretax Income	1.42	1.34	-26.35	20.68	-4.91	-57.99
Income Tax Expense	8.59	8.04	0.41	0.46	1.45	3.99
Net Income	-7.18	-6.7	-26.76	20.22	-6.36	-61.97
Net Income to Common	-7.18	-6.7	-26.76	20.22	-6.36	-61.97
Shares Outstanding (Basic)	23	23	23	23	14	10
Shares Outstanding (Diluted)	23	23	23	23	14	10
Shares Change (YoY)	-	-	-	68.60%	36.42%	-
EPS (Basic)	-0.31	-0.29	-1.16	0.88	-0.47	-6.20
EPS (Diluted)	-0.31	-0.29	-1.16	0.88	-0.47	-6.20
Free Cash Flow	-12.71	-38.57	-45.78	-19.12	-52.45	9.63
Free Cash Flow Per Share	-0.55	-1.68	-1.99	-0.83	-3.85	0.96
Operating Margin	0.91%	0.75%	-10.64%	7.64%	-3.02%	-34.85%
Profit Margin	-4.63%	-3.73%	-10.80%	7.47%	-2.68%	-37.25%
Free Cash Flow Margin	-8.19%	-21.50%	-18.48%	-7.06%	-22.10%	5.79%
EBITDA	2.39	2.36	-25.15	21.86	-6.05	-56.4
EBITDA Margin	1.54%	1.32%	-10.15%	8.07%	-2.55%	-33.90%
D&A For EBITDA	0.98	1.02	1.2	1.18	1.11	1.58
EBIT	1.42	1.34	-26.35	20.68	-7.16	-57.99
EBIT Margin	0.91%	0.75%	-10.63%	7.64%	-3.02%	-34.85%
Effective Tax Rate	607.07%	599.18%	-	2.23%	-	-

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