Al Buhaira National Insurance

Al Buhaira National Insurance Company

ABNICStocksAbu Dhabi Securities ExchangeInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Operating Summary
Revenue	180.40M	176.74M	165.49M	154.75M	135.30M
Operating Expenses	144.13M	168.54M	140.35M	142.13M	151.47M
Pretax Income	33.78M	4.48M	21.10M	-2.40M	-23.22M
Income Tax	3.07M	-1.73M	0.44M	—	—
Net Income	30.71M	6.21M	20.66M	-2.40M	-23.22M
Premium Revenue	171.59M	166.66M	158.85M	140.36M	128.98M
Policy Benefits	144.15M	167.35M	160.07M	151.36M	149.75M
Policy Cost	—	—	-18.82M	-4.72M	—
EPS (Basic)	0.12	0.02	0.08	-0.01	-0.09
EPS (Diluted)	0.12	0.02	0.08	-0.01	-0.09
Margins & Efficiency
Net Margin %	+17.0%	+3.5%	+12.5%	-1.5%	-17.2%
Revenue & Income
Revenue Growth (YoY)	+33.3%	+6.6%	+48.2%	+58.5%	+27.2%
Revenue Insurance	180.40M	176.74M	165.49M	154.75M	135.30M
Premiums Annuity Rev	171.59M	166.66M	158.85M	140.36M	128.98M
Other Revenue Insurance	—	—	—	—	—
Expenses & Provisions
SG&A Insurance	-0.02M	1.20M	2.85M	34.57M	1.72M
Other Opex Insurance	—	—	-3.75M	-88.35M	—
Total Opex Insurance	144.13M	168.54M	140.35M	142.13M	151.47M
Interest Expense	-2.48M	-3.71M	-4.03M	-8.14M	-7.04M
Other Non Operating Income (Expenses)	—	—	—	-3.92M	—
Policy Benefits	144.15M	167.35M	160.07M	151.36M	149.75M
Policy Cost	—	—	-18.82M	-4.72M	—
Provision for Bad Debts	—	—	—	—	—
Asset Writedown	—	—	—	-3.00M	—
D&A For EBITDA	0.90M	1.32M	1.12M	0.15M	1.21M
Da Suppl Insurance	—	—	—	4.66M	—
Profitability & Returns
EBIT	36.27M	8.19M	25.14M	12.63M	-16.17M
EBIT Margin	+20.1%	+4.6%	+15.2%	+8.2%	-12.0%
EBITDA	37.17M	9.51M	26.26M	12.78M	-14.96M
EBITDA Margin	+20.6%	+5.4%	+15.9%	+8.3%	-11.1%
EBT Excluding Unusual Items	33.78M	4.48M	21.10M	0.57M	-23.22M
Pretax Income	33.78M	4.48M	21.10M	-2.40M	-23.22M
Opinc Insurance	36.27M	8.19M	25.14M	12.63M	-16.17M
Operating Margin	+20.1%	+4.6%	+15.2%	+8.2%	-12.0%
Profit Margin	+17.0%	+3.5%	+12.5%	-1.6%	-17.2%
Net Income	30.71M	6.21M	20.66M	-2.40M	-23.22M
Net Income to Common	30.71M	6.21M	20.66M	-2.40M	-23.22M
Net Income Growth	—	—	—	—	—
Income Tax Expense	3.07M	-1.73M	0.44M	—	—
Effective Tax Rate	+9.1%	—	+2.1%	—	—
Per Share & Capital
EPS (Basic)	0.12	0.02	0.08	-0.01	-0.09
EPS (Diluted)	0.12	0.02	0.08	-0.01	-0.09
EPS Growth	—	—	—	—	—
Dividend Per Share	—	—	—	—	—
Shares Outstanding (Basic)	250.00M	250.00M	250.00M	250.00M	250.00M
Shares Outstanding (Diluted)	250.00M	250.00M	250.00M	250.00M	250.00M
Free Cash Flow	72.01M	112.04M	-32.26M	53.52M	109.52M
Free Cash Flow Margin	+39.9%	+63.4%	-19.5%	+34.6%	+80.9%
Free Cash Flow Per Share	0.29	0.45	-0.13	0.21	0.44
Payout Ratio	—	—	—	—	—
Supplemental
Other Unusual Items	—	—	—	36.12K	—
Total Interest Dividend Income	8.81M	10.08M	6.64M	14.39M	6.31M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Operating Summary
Revenue	180.40M	176.74M	165.49M	154.75M	135.30M
Operating Expenses	144.13M	168.54M	140.35M	142.13M	151.47M
Pretax Income	33.78M	4.48M	21.10M	-2.40M	-23.22M
Income Tax	3.07M	-1.73M	0.44M	—	—
Net Income	30.71M	6.21M	20.66M	-2.40M	-23.22M
Premium Revenue	171.59M	166.66M	158.85M	140.36M	128.98M
Policy Benefits	144.15M	167.35M	160.07M	151.36M	149.75M
Policy Cost	—	—	-18.82M	-4.72M	—
EPS (Basic)	0.12	0.02	0.08	-0.01	-0.09
EPS (Diluted)	0.12	0.02	0.08	-0.01	-0.09
Margins & Efficiency
Net Margin %	+17.0%	+3.5%	+12.5%	-1.5%	-17.2%
Revenue & Income
Revenue Growth (YoY)	+33.3%	+6.6%	+48.2%	+58.5%	+27.2%
Revenue Insurance	180.40M	176.74M	165.49M	154.75M	135.30M
Premiums Annuity Rev	171.59M	166.66M	158.85M	140.36M	128.98M
Other Revenue Insurance	—	—	—	—	—
Expenses & Provisions
SG&A Insurance	-0.02M	1.20M	2.85M	34.57M	1.72M
Other Opex Insurance	—	—	-3.75M	-88.35M	—
Total Opex Insurance	144.13M	168.54M	140.35M	142.13M	151.47M
Interest Expense	-2.48M	-3.71M	-4.03M	-8.14M	-7.04M
Other Non Operating Income (Expenses)	—	—	—	-3.92M	—
Policy Benefits	144.15M	167.35M	160.07M	151.36M	149.75M
Policy Cost	—	—	-18.82M	-4.72M	—
Provision for Bad Debts	—	—	—	—	—
Asset Writedown	—	—	—	-3.00M	—
D&A For EBITDA	0.90M	1.32M	1.12M	0.15M	1.21M
Da Suppl Insurance	—	—	—	4.66M	—
Profitability & Returns
EBIT	36.27M	8.19M	25.14M	12.63M	-16.17M
EBIT Margin	+20.1%	+4.6%	+15.2%	+8.2%	-12.0%
EBITDA	37.17M	9.51M	26.26M	12.78M	-14.96M
EBITDA Margin	+20.6%	+5.4%	+15.9%	+8.3%	-11.1%
EBT Excluding Unusual Items	33.78M	4.48M	21.10M	0.57M	-23.22M
Pretax Income	33.78M	4.48M	21.10M	-2.40M	-23.22M
Opinc Insurance	36.27M	8.19M	25.14M	12.63M	-16.17M
Operating Margin	+20.1%	+4.6%	+15.2%	+8.2%	-12.0%
Profit Margin	+17.0%	+3.5%	+12.5%	-1.6%	-17.2%
Net Income	30.71M	6.21M	20.66M	-2.40M	-23.22M
Net Income to Common	30.71M	6.21M	20.66M	-2.40M	-23.22M
Net Income Growth	—	—	—	—	—
Income Tax Expense	3.07M	-1.73M	0.44M	—	—
Effective Tax Rate	+9.1%	—	+2.1%	—	—
Per Share & Capital
EPS (Basic)	0.12	0.02	0.08	-0.01	-0.09
EPS (Diluted)	0.12	0.02	0.08	-0.01	-0.09
EPS Growth	—	—	—	—	—
Dividend Per Share	—	—	—	—	—
Shares Outstanding (Basic)	250.00M	250.00M	250.00M	250.00M	250.00M
Shares Outstanding (Diluted)	250.00M	250.00M	250.00M	250.00M	250.00M
Free Cash Flow	72.01M	112.04M	-32.26M	53.52M	109.52M
Free Cash Flow Margin	+39.9%	+63.4%	-19.5%	+34.6%	+80.9%
Free Cash Flow Per Share	0.29	0.45	-0.13	0.21	0.44
Payout Ratio	—	—	—	—	—
Supplemental
Other Unusual Items	—	—	—	36.12K	—
Total Interest Dividend Income	8.81M	10.08M	6.64M	14.39M	6.31M