Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	666.10M	520.28M	330.95M	304.50M	281.40M
Operating Expenses	558.41M	416.09M	233.17M	201.48M	178.57M
Pretax Income	107.32M	103.96M	97.23M	102.29M	101.69M
Income Tax	—	—	—	1.06M	1.39M
Net Income	107.32M	103.96M	97.23M	101.23M	100.30M
Premium Revenue	605.15M	471.81M	290.00M	267.31M	254.24M
Policy Benefits	566.69M	426.12M	105.45M	97.84M	94.17M
Policy Cost	36.10M	28.84M	58.25M	55.69M	43.89M
EPS (Basic)	0.54	0.52	0.49	0.51	0.50
EPS (Diluted)	0.54	0.52	0.49	0.51	0.50
DPS	0.25	0.20	0.18	0.16	—
Margins & Efficiency
Net Margin %	+16.1%	+20.0%	+29.4%	+33.2%	+35.6%
Revenue & Income
Revenue Growth (YoY)	+28.0%	+57.2%	+8.7%	+8.2%	-16.6%
Revenue Insurance	666.10M	520.28M	330.95M	304.50M	281.40M
Premiums Annuity Rev	605.15M	471.81M	290.00M	267.31M	254.24M
Other Revenue Insurance	11.80M	11.12M	9.32M	12.98M	2.71M
Gain Investment Rev Insurance	0.47M	0.53M	0.65M	-1.56M	1.44M
Expenses & Provisions
SG&A Insurance	44.76M	14.61M	11.74M	11.52M	10.60M
Other Opex Insurance	-140.50M	-99.38M	17.98M	4.11M	2.77M
Total Opex Insurance	558.41M	416.09M	233.17M	201.48M	178.57M
Interest Expense	-373.11K	-232.29K	-543.90K	-729.18K	-182.24K
Policy Benefits	566.69M	426.12M	105.45M	97.84M	94.17M
Policy Cost	36.10M	28.84M	58.25M	55.69M	43.89M
Asset Writedown	—	—	—	—	-952.70K
D&A For EBITDA	9.35M	9.13M	7.26M	6.46M	5.88M
Da Suppl Insurance	9.35M	9.13M	7.26M	6.46M	5.88M
Profitability & Returns
EBIT	107.69M	104.19M	97.78M	103.02M	102.83M
EBIT Margin	+16.2%	+20.0%	+29.5%	+33.8%	+36.5%
EBITDA	117.05M	113.32M	105.03M	109.48M	108.71M
EBITDA Margin	+17.6%	+21.8%	+31.7%	+36.0%	+38.6%
EBT Excluding Unusual Items	107.32M	103.96M	97.23M	102.29M	102.65M
Pretax Income	107.32M	103.96M	97.23M	102.29M	101.69M
Opinc Insurance	107.69M	104.19M	97.78M	103.02M	102.83M
Operating Margin	+16.2%	+20.0%	+29.5%	+33.8%	+36.5%
Profit Margin	+16.1%	+20.0%	+29.4%	+33.2%	+35.6%
Net Income	107.32M	103.96M	97.23M	101.23M	100.30M
Net Income to Common	107.32M	103.96M	97.23M	101.23M	100.30M
Net Income Growth	+3.2%	+6.9%	-3.9%	+0.9%	+11.3%
Income Tax Expense	—	—	—	1.06M	1.39M
Effective Tax Rate	—	—	—	+1.0%	+1.4%
Per Share & Capital
EPS (Basic)	0.54	0.52	0.49	0.51	0.50
EPS (Diluted)	0.54	0.52	0.49	0.51	0.50
EPS Growth	+3.2%	+6.9%	-3.9%	+0.9%	-88.9%
Dividend Per Share	0.25	0.20	0.18	0.16	—
Shares Change (YoY)	—	—	—	—	9
Shares Outstanding (Basic)	200.00M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	200.00M	200.00M	200.00M	200.00M	200.00M
Dividend Growth	+25.0%	+11.1%	+12.5%	—	—
Free Cash Flow	238.57M	150.94M	-135.96M	298.56M	111.36M
Free Cash Flow Margin	+35.8%	+29.0%	-41.1%	+98.1%	+39.6%
Free Cash Flow Per Share	1.19	0.76	-0.68	1.49	0.56
Payout Ratio	+42.6%	+41.3%	+38.3%	+23.0%	+22.0%
Supplemental
Total Interest Dividend Income	48.68M	36.82M	30.97M	25.78M	23.00M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	666.10M	520.28M	330.95M	304.50M	281.40M
Operating Expenses	558.41M	416.09M	233.17M	201.48M	178.57M
Pretax Income	107.32M	103.96M	97.23M	102.29M	101.69M
Income Tax	—	—	—	1.06M	1.39M
Net Income	107.32M	103.96M	97.23M	101.23M	100.30M
Premium Revenue	605.15M	471.81M	290.00M	267.31M	254.24M
Policy Benefits	566.69M	426.12M	105.45M	97.84M	94.17M
Policy Cost	36.10M	28.84M	58.25M	55.69M	43.89M
EPS (Basic)	0.54	0.52	0.49	0.51	0.50
EPS (Diluted)	0.54	0.52	0.49	0.51	0.50
DPS	0.25	0.20	0.18	0.16	—
Margins & Efficiency
Net Margin %	+16.1%	+20.0%	+29.4%	+33.2%	+35.6%
Revenue & Income
Revenue Growth (YoY)	+28.0%	+57.2%	+8.7%	+8.2%	-16.6%
Revenue Insurance	666.10M	520.28M	330.95M	304.50M	281.40M
Premiums Annuity Rev	605.15M	471.81M	290.00M	267.31M	254.24M
Other Revenue Insurance	11.80M	11.12M	9.32M	12.98M	2.71M
Gain Investment Rev Insurance	0.47M	0.53M	0.65M	-1.56M	1.44M
Expenses & Provisions
SG&A Insurance	44.76M	14.61M	11.74M	11.52M	10.60M
Other Opex Insurance	-140.50M	-99.38M	17.98M	4.11M	2.77M
Total Opex Insurance	558.41M	416.09M	233.17M	201.48M	178.57M
Interest Expense	-373.11K	-232.29K	-543.90K	-729.18K	-182.24K
Policy Benefits	566.69M	426.12M	105.45M	97.84M	94.17M
Policy Cost	36.10M	28.84M	58.25M	55.69M	43.89M
Asset Writedown	—	—	—	—	-952.70K
D&A For EBITDA	9.35M	9.13M	7.26M	6.46M	5.88M
Da Suppl Insurance	9.35M	9.13M	7.26M	6.46M	5.88M
Profitability & Returns
EBIT	107.69M	104.19M	97.78M	103.02M	102.83M
EBIT Margin	+16.2%	+20.0%	+29.5%	+33.8%	+36.5%
EBITDA	117.05M	113.32M	105.03M	109.48M	108.71M
EBITDA Margin	+17.6%	+21.8%	+31.7%	+36.0%	+38.6%
EBT Excluding Unusual Items	107.32M	103.96M	97.23M	102.29M	102.65M
Pretax Income	107.32M	103.96M	97.23M	102.29M	101.69M
Opinc Insurance	107.69M	104.19M	97.78M	103.02M	102.83M
Operating Margin	+16.2%	+20.0%	+29.5%	+33.8%	+36.5%
Profit Margin	+16.1%	+20.0%	+29.4%	+33.2%	+35.6%
Net Income	107.32M	103.96M	97.23M	101.23M	100.30M
Net Income to Common	107.32M	103.96M	97.23M	101.23M	100.30M
Net Income Growth	+3.2%	+6.9%	-3.9%	+0.9%	+11.3%
Income Tax Expense	—	—	—	1.06M	1.39M
Effective Tax Rate	—	—	—	+1.0%	+1.4%
Per Share & Capital
EPS (Basic)	0.54	0.52	0.49	0.51	0.50
EPS (Diluted)	0.54	0.52	0.49	0.51	0.50
EPS Growth	+3.2%	+6.9%	-3.9%	+0.9%	-88.9%
Dividend Per Share	0.25	0.20	0.18	0.16	—
Shares Change (YoY)	—	—	—	—	9
Shares Outstanding (Basic)	200.00M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	200.00M	200.00M	200.00M	200.00M	200.00M
Dividend Growth	+25.0%	+11.1%	+12.5%	—	—
Free Cash Flow	238.57M	150.94M	-135.96M	298.56M	111.36M
Free Cash Flow Margin	+35.8%	+29.0%	-41.1%	+98.1%	+39.6%
Free Cash Flow Per Share	1.19	0.76	-0.68	1.49	0.56
Payout Ratio	+42.6%	+41.3%	+38.3%	+23.0%	+22.0%
Supplemental
Total Interest Dividend Income	48.68M	36.82M	30.97M	25.78M	23.00M

Financials

Annual (QAR)

Beema

Annual (QAR)