HAYAH INSURANCE

Hayah Insurance Company P.J.S.C

HAYAHStocksAbu Dhabi Securities ExchangeInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	135.33M	102.15M	93.26M	74.66M	40.85M
Operating Expenses	133.23M	97.36M	98.96M	67.23M	39.67M
Pretax Income	2.10M	4.80M	-5.70M	7.43M	1.18M
Income Tax	433.00K	150.00K	—	—	—
Net Income	1.67M	4.65M	-5.70M	7.43M	1.18M
Premium Revenue	127.48M	94.24M	88.94M	71.74M	34.37M
Policy Benefits	118.06M	88.53M	96.44M	65.03M	23.19M
Policy Cost	—	—	—	—	3.50M
EPS (Basic)	0.01	0.02	-0.03	0.04	0.01
EPS (Diluted)	0.01	0.02	-0.03	0.04	0.01
Margins & Efficiency
Net Margin %	+1.2%	+4.5%	-6.1%	+9.9%	+2.9%
Revenue & Income
Revenue Growth (YoY)	+32.5%	+9.5%	+24.9%	+82.8%	+10.8%
Revenue Insurance	135.33M	102.15M	93.26M	74.66M	40.85M
Premiums Annuity Rev	127.48M	94.24M	88.94M	71.74M	34.37M
Other Revenue Insurance	7.85M	—	—	—	1.24M
Gain Investment Rev Insurance	—	2.57M	0.17M	-1.62M	1.65M
Expenses & Provisions
SG&A Insurance	—	0.48M	0.16M	—	13.72M
Other Opex Insurance	15.17M	8.35M	2.36M	2.20M	—
Total Opex Insurance	133.23M	97.36M	98.96M	67.23M	39.67M
Policy Benefits	118.06M	88.53M	96.44M	65.03M	23.19M
Policy Cost	—	—	—	—	3.50M
Provision for Bad Debts	—	—	—	—	-730.00K
D&A For EBITDA	2.00M	0.52M	0.45M	0.24M	0.04M
Deferred Policy Acquisition Cost	—	—	—	—	747.00K
Profitability & Returns
EBIT	2.10M	4.80M	-5.70M	7.43M	1.18M
EBIT Margin	+1.6%	+4.7%	-6.1%	+9.9%	+2.9%
EBITDA	4.10M	5.31M	-5.25M	7.67M	1.22M
EBITDA Margin	+3.0%	+5.2%	-5.6%	+10.3%	+3.0%
EBT Excluding Unusual Items	2.10M	4.80M	-5.70M	7.43M	1.18M
Pretax Income	2.10M	4.80M	-5.70M	7.43M	1.18M
Opinc Insurance	2.10M	4.80M	-5.70M	7.43M	1.18M
Operating Margin	+1.6%	+4.7%	-6.1%	+9.9%	+2.9%
Profit Margin	+1.2%	+4.5%	-6.1%	+9.9%	+2.9%
Net Income	1.67M	4.65M	-5.70M	7.43M	1.18M
Net Income to Common	1.67M	4.65M	-5.70M	7.43M	1.18M
Net Income Growth	-64.0%	—	—	+532.1%	-47.7%
Income Tax Expense	433.00K	150.00K	—	—	—
Effective Tax Rate	+20.6%	+3.1%	—	—	—
Per Share & Capital
EPS (Basic)	0.01	0.02	-0.03	0.04	0.01
EPS (Diluted)	0.01	0.02	-0.03	0.04	0.01
EPS Growth	-65.6%	—	—	+532.1%	-47.7%
Shares Change (YoY)	0.04	—	—	—	—
Shares Outstanding (Basic)	208.75M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	208.75M	200.00M	200.00M	200.00M	200.00M
Free Cash Flow	3.05M	-11.27M	-23.58M	-15.38M	7.69M
Free Cash Flow Margin	+2.3%	-11.0%	-25.3%	-20.6%	+18.8%
Free Cash Flow Per Share	0.02	-0.06	-0.12	-0.08	0.04
Supplemental
Total Interest Dividend Income	—	5.34M	4.14M	4.54M	3.59M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	135.33M	102.15M	93.26M	74.66M	40.85M
Operating Expenses	133.23M	97.36M	98.96M	67.23M	39.67M
Pretax Income	2.10M	4.80M	-5.70M	7.43M	1.18M
Income Tax	433.00K	150.00K	—	—	—
Net Income	1.67M	4.65M	-5.70M	7.43M	1.18M
Premium Revenue	127.48M	94.24M	88.94M	71.74M	34.37M
Policy Benefits	118.06M	88.53M	96.44M	65.03M	23.19M
Policy Cost	—	—	—	—	3.50M
EPS (Basic)	0.01	0.02	-0.03	0.04	0.01
EPS (Diluted)	0.01	0.02	-0.03	0.04	0.01
Margins & Efficiency
Net Margin %	+1.2%	+4.5%	-6.1%	+9.9%	+2.9%
Revenue & Income
Revenue Growth (YoY)	+32.5%	+9.5%	+24.9%	+82.8%	+10.8%
Revenue Insurance	135.33M	102.15M	93.26M	74.66M	40.85M
Premiums Annuity Rev	127.48M	94.24M	88.94M	71.74M	34.37M
Other Revenue Insurance	7.85M	—	—	—	1.24M
Gain Investment Rev Insurance	—	2.57M	0.17M	-1.62M	1.65M
Expenses & Provisions
SG&A Insurance	—	0.48M	0.16M	—	13.72M
Other Opex Insurance	15.17M	8.35M	2.36M	2.20M	—
Total Opex Insurance	133.23M	97.36M	98.96M	67.23M	39.67M
Policy Benefits	118.06M	88.53M	96.44M	65.03M	23.19M
Policy Cost	—	—	—	—	3.50M
Provision for Bad Debts	—	—	—	—	-730.00K
D&A For EBITDA	2.00M	0.52M	0.45M	0.24M	0.04M
Deferred Policy Acquisition Cost	—	—	—	—	747.00K
Profitability & Returns
EBIT	2.10M	4.80M	-5.70M	7.43M	1.18M
EBIT Margin	+1.6%	+4.7%	-6.1%	+9.9%	+2.9%
EBITDA	4.10M	5.31M	-5.25M	7.67M	1.22M
EBITDA Margin	+3.0%	+5.2%	-5.6%	+10.3%	+3.0%
EBT Excluding Unusual Items	2.10M	4.80M	-5.70M	7.43M	1.18M
Pretax Income	2.10M	4.80M	-5.70M	7.43M	1.18M
Opinc Insurance	2.10M	4.80M	-5.70M	7.43M	1.18M
Operating Margin	+1.6%	+4.7%	-6.1%	+9.9%	+2.9%
Profit Margin	+1.2%	+4.5%	-6.1%	+9.9%	+2.9%
Net Income	1.67M	4.65M	-5.70M	7.43M	1.18M
Net Income to Common	1.67M	4.65M	-5.70M	7.43M	1.18M
Net Income Growth	-64.0%	—	—	+532.1%	-47.7%
Income Tax Expense	433.00K	150.00K	—	—	—
Effective Tax Rate	+20.6%	+3.1%	—	—	—
Per Share & Capital
EPS (Basic)	0.01	0.02	-0.03	0.04	0.01
EPS (Diluted)	0.01	0.02	-0.03	0.04	0.01
EPS Growth	-65.6%	—	—	+532.1%	-47.7%
Shares Change (YoY)	0.04	—	—	—	—
Shares Outstanding (Basic)	208.75M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	208.75M	200.00M	200.00M	200.00M	200.00M
Free Cash Flow	3.05M	-11.27M	-23.58M	-15.38M	7.69M
Free Cash Flow Margin	+2.3%	-11.0%	-25.3%	-20.6%	+18.8%
Free Cash Flow Per Share	0.02	-0.06	-0.12	-0.08	0.04
Supplemental
Total Interest Dividend Income	—	5.34M	4.14M	4.54M	3.59M