Sharjah Insurance

Sharjah Insurance Company

SICOStocksAbu Dhabi Securities ExchangeInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	84.92M	29.13M	48.25M	55.50M	34.50M
Operating Expenses	24.35M	23.77M	32.87M	22.49M	5.53M
Pretax Income	60.50M	5.26M	16.21M	33.70M	27.23M
Income Tax	696.47K	246.95K	—	—	—
Net Income	59.80M	5.01M	16.21M	33.70M	27.23M
Premium Revenue	20.13M	10.45M	33.18M	22.79M	7.35M
Policy Benefits	21.53M	18.68M	34.64M	20.48M	1.59M
Policy Cost	—	—	—	—	1.88M
EPS (Basic)	0.40	0.03	0.11	0.22	0.18
EPS (Diluted)	0.40	0.03	0.11	0.22	0.18
DPS	—	0.05	0.07	0.10	0.07
Margins & Efficiency
Net Margin %	+70.4%	+17.2%	+33.6%	+60.7%	+78.9%
Revenue & Income
Revenue Growth (YoY)	+191.5%	-39.6%	-13.1%	+60.9%	+13.7%
Revenue Insurance	84.92M	29.13M	48.25M	55.50M	34.50M
Premiums Annuity Rev	20.13M	10.45M	33.18M	22.79M	7.35M
Other Revenue Insurance	—	—	—	—	2.86M
Gain Investment Rev Insurance	66.81M	12.47M	4.07M	16.09M	16.62M
Expenses & Provisions
SG&A Insurance	2.81M	5.09M	2.20M	2.36M	12.36M
Other Opex Insurance	—	—	-3.97M	-0.34M	-6.43M
Total Opex Insurance	24.35M	23.77M	32.87M	22.49M	5.53M
Interest Expense	-80.21K	-108.75K	-136.40K	-487.35K	-204.68K
Policy Benefits	21.53M	18.68M	34.64M	20.48M	1.59M
Policy Cost	—	—	—	—	1.88M
Provision for Bad Debts	—	—	—	—	-3.88M
Asset Writedown	—	—	0.96M	1.15M	-1.50M
D&A For EBITDA	113.70K	86.97K	100.56K	149.79K	299.90K
Profitability & Returns
EBIT	60.58M	5.36M	15.38M	33.01M	28.96M
EBIT Margin	+71.3%	+18.4%	+31.9%	+59.5%	+84.0%
EBITDA	60.69M	5.45M	15.48M	33.16M	29.26M
EBITDA Margin	+71.5%	+18.7%	+32.1%	+59.7%	+84.8%
EBT Excluding Unusual Items	60.50M	5.26M	15.24M	32.52M	28.76M
Pretax Income	60.50M	5.26M	16.21M	33.70M	27.23M
Opinc Insurance	60.58M	5.36M	15.38M	33.01M	28.96M
Operating Margin	+71.3%	+18.4%	+31.9%	+59.5%	+84.0%
Profit Margin	+70.4%	+17.2%	+33.6%	+60.7%	+78.9%
Net Income	59.80M	5.01M	16.21M	33.70M	27.23M
Net Income to Common	59.80M	5.01M	16.21M	33.70M	27.23M
Net Income Growth	+1,093.9%	-69.1%	-51.9%	+23.8%	+131.6%
Income Tax Expense	696.47K	246.95K	—	—	—
Effective Tax Rate	+1.2%	+4.7%	—	—	—
Per Share & Capital
EPS (Basic)	0.40	0.03	0.11	0.22	0.18
EPS (Diluted)	0.40	0.03	0.11	0.22	0.18
EPS Growth	+1,094.0%	-69.1%	-51.9%	+23.8%	+131.6%
Dividend Per Share	—	0.05	0.07	0.10	0.07
Shares Change (YoY)	—	—	—	—	0
Shares Outstanding (Basic)	150.00M	150.00M	150.00M	150.00M	150.00M
Shares Outstanding (Diluted)	150.00M	150.00M	150.00M	150.00M	150.00M
Dividend Growth	—	-28.6%	-30.0%	+36.4%	+14.2%
Free Cash Flow	-1.90M	8.26M	-1.78M	-1.78M	6.98M
Free Cash Flow Margin	-2.2%	+28.4%	-3.7%	-3.2%	+20.2%
Free Cash Flow Per Share	-0.01	0.06	-0.01	-0.01	0.05
Payout Ratio	+12.5%	+209.6%	+107.3%	+32.7%	+35.4%
Supplemental
Other Unusual Items	—	—	—	22.80K	-32.90K
Total Interest Dividend Income	-2.01M	6.21M	11.00M	16.61M	7.67M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	84.92M	29.13M	48.25M	55.50M	34.50M
Operating Expenses	24.35M	23.77M	32.87M	22.49M	5.53M
Pretax Income	60.50M	5.26M	16.21M	33.70M	27.23M
Income Tax	696.47K	246.95K	—	—	—
Net Income	59.80M	5.01M	16.21M	33.70M	27.23M
Premium Revenue	20.13M	10.45M	33.18M	22.79M	7.35M
Policy Benefits	21.53M	18.68M	34.64M	20.48M	1.59M
Policy Cost	—	—	—	—	1.88M
EPS (Basic)	0.40	0.03	0.11	0.22	0.18
EPS (Diluted)	0.40	0.03	0.11	0.22	0.18
DPS	—	0.05	0.07	0.10	0.07
Margins & Efficiency
Net Margin %	+70.4%	+17.2%	+33.6%	+60.7%	+78.9%
Revenue & Income
Revenue Growth (YoY)	+191.5%	-39.6%	-13.1%	+60.9%	+13.7%
Revenue Insurance	84.92M	29.13M	48.25M	55.50M	34.50M
Premiums Annuity Rev	20.13M	10.45M	33.18M	22.79M	7.35M
Other Revenue Insurance	—	—	—	—	2.86M
Gain Investment Rev Insurance	66.81M	12.47M	4.07M	16.09M	16.62M
Expenses & Provisions
SG&A Insurance	2.81M	5.09M	2.20M	2.36M	12.36M
Other Opex Insurance	—	—	-3.97M	-0.34M	-6.43M
Total Opex Insurance	24.35M	23.77M	32.87M	22.49M	5.53M
Interest Expense	-80.21K	-108.75K	-136.40K	-487.35K	-204.68K
Policy Benefits	21.53M	18.68M	34.64M	20.48M	1.59M
Policy Cost	—	—	—	—	1.88M
Provision for Bad Debts	—	—	—	—	-3.88M
Asset Writedown	—	—	0.96M	1.15M	-1.50M
D&A For EBITDA	113.70K	86.97K	100.56K	149.79K	299.90K
Profitability & Returns
EBIT	60.58M	5.36M	15.38M	33.01M	28.96M
EBIT Margin	+71.3%	+18.4%	+31.9%	+59.5%	+84.0%
EBITDA	60.69M	5.45M	15.48M	33.16M	29.26M
EBITDA Margin	+71.5%	+18.7%	+32.1%	+59.7%	+84.8%
EBT Excluding Unusual Items	60.50M	5.26M	15.24M	32.52M	28.76M
Pretax Income	60.50M	5.26M	16.21M	33.70M	27.23M
Opinc Insurance	60.58M	5.36M	15.38M	33.01M	28.96M
Operating Margin	+71.3%	+18.4%	+31.9%	+59.5%	+84.0%
Profit Margin	+70.4%	+17.2%	+33.6%	+60.7%	+78.9%
Net Income	59.80M	5.01M	16.21M	33.70M	27.23M
Net Income to Common	59.80M	5.01M	16.21M	33.70M	27.23M
Net Income Growth	+1,093.9%	-69.1%	-51.9%	+23.8%	+131.6%
Income Tax Expense	696.47K	246.95K	—	—	—
Effective Tax Rate	+1.2%	+4.7%	—	—	—
Per Share & Capital
EPS (Basic)	0.40	0.03	0.11	0.22	0.18
EPS (Diluted)	0.40	0.03	0.11	0.22	0.18
EPS Growth	+1,094.0%	-69.1%	-51.9%	+23.8%	+131.6%
Dividend Per Share	—	0.05	0.07	0.10	0.07
Shares Change (YoY)	—	—	—	—	0
Shares Outstanding (Basic)	150.00M	150.00M	150.00M	150.00M	150.00M
Shares Outstanding (Diluted)	150.00M	150.00M	150.00M	150.00M	150.00M
Dividend Growth	—	-28.6%	-30.0%	+36.4%	+14.2%
Free Cash Flow	-1.90M	8.26M	-1.78M	-1.78M	6.98M
Free Cash Flow Margin	-2.2%	+28.4%	-3.7%	-3.2%	+20.2%
Free Cash Flow Per Share	-0.01	0.06	-0.01	-0.01	0.05
Payout Ratio	+12.5%	+209.6%	+107.3%	+32.7%	+35.4%
Supplemental
Other Unusual Items	—	—	—	22.80K	-32.90K
Total Interest Dividend Income	-2.01M	6.21M	11.00M	16.61M	7.67M