SALAMA

Islamic Arab Insurance Co. (Salama)

SALAMAStocksDubai Financial MarketInsurance

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	264.53M	16.06M	267.69M	265.37M	284.69M
Operating Expenses	260.26M	5.89M	264.26M	255.40M	269.62M
Pretax Income	4.27M	10.16M	3.43M	-6.73M	15.07M
Income Tax	1.46M	2.30M	3.05M	-0.91M	5.20M
Net Income	0.80M	6.67M	-0.97M	-5.79M	8.08M
Premium Revenue	253.35M	7.73M	256.36M	243.55M	274.24M
Policy Benefits	248.46M	-169.07M	249.21M	61.57M	250.19M
Policy Cost	—	179.42M	—	—	—
EPS (Basic)	0.00	0.01	-0.00	-0.01	0.02
EPS (Diluted)	0.00	0.01	-0.00	-0.01	0.02
Margins & Efficiency
Net Margin %	+0.3%	+41.5%	-0.4%	-2.2%	+2.8%
Revenue & Income
Revenue Growth (YoY)	-7.1%	-93.8%	-8.1%	-13.0%	-3.1%
Revenue Insurance	264.53M	16.06M	267.69M	265.37M	284.69M
Premiums Annuity Rev	253.35M	7.73M	256.36M	243.55M	274.24M
Other Revenue Insurance	—	1.60M	0.40M	0.65M	—
Gain (Loss) on Sale of Assets	—	—	—	2.02M	—
Gain Investment Rev Insurance	—	80.94M	41.54M	-50.38M	—
Currency Exchange Gain (Loss)	—	—	—	—	—
Expenses & Provisions
SG&A Insurance	—	—	—	5.98M	—
Other Opex Insurance	21.25M	16.56M	14.97M	158.64M	17.53M
Total Opex Insurance	260.26M	5.89M	264.26M	255.40M	269.62M
Interest Expense	—	—	—	-19.94M	—
Other Non Operating Income (Expenses)	—	—	—	-3.28M	—
Policy Benefits	248.46M	-169.07M	249.21M	61.57M	250.19M
Policy Cost	—	179.42M	—	—	—
Provision for Bad Debts	-9.44M	-21.02M	0.09M	-1.14M	1.91M
Asset Writedown	—	—	—	4.50M	—
Impairment of Goodwill	—	—	—	—	—
Amortization Goodwill Intangibles Insurance	—	—	—	—	—
D&A For EBITDA	0.90M	0.90M	0.90M	0.65M	0.95M
Da Suppl Insurance	—	—	—	2.14M	—
Profitability & Returns
EBIT	4.27M	10.16M	3.43M	9.97M	15.07M
EBIT Margin	+1.6%	+63.3%	+1.3%	+3.8%	+5.3%
EBITDA	5.17M	11.06M	4.33M	10.63M	16.02M
EBITDA Margin	+2.0%	+68.9%	+1.6%	+4.0%	+5.6%
EBT Excluding Unusual Items	4.27M	10.16M	3.43M	-13.25M	15.07M
Pretax Income	4.27M	10.16M	3.43M	-6.73M	15.07M
Opinc Insurance	4.27M	10.16M	3.43M	9.97M	15.07M
Operating Margin	+1.6%	+63.3%	+1.3%	+3.8%	+5.3%
Profit Margin	+0.3%	+41.5%	-0.4%	-2.2%	+2.8%
Net Income	0.80M	6.67M	-0.97M	-5.79M	8.08M
Net Income to Common	0.80M	6.67M	-0.97M	-5.79M	8.08M
Net Income to Company	2.82M	7.86M	0.39M	-5.82M	9.88M
Net Income Growth	-90.0%	+873.4%	—	—	+540.1%
Earnings From Continuing Ops.	2.82M	7.86M	0.39M	-5.82M	9.88M
Minority Interest in Earnings	-2.01M	-1.19M	-1.36M	0.03M	-1.80M
Income Tax Expense	1.46M	2.30M	3.05M	-0.91M	5.20M
Effective Tax Rate	+34.1%	+22.7%	+88.8%	—	+34.5%
Per Share & Capital
EPS (Basic)	0.00	0.01	-0.00	-0.01	0.02
EPS (Diluted)	0.00	0.01	-0.00	-0.01	0.02
EPS Growth	-90.1%	+873.5%	—	—	+540.2%
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	—	—	0	—
Shares Outstanding (Basic)	483.02M	483.02M	483.02M	483.02M	483.02M
Shares Outstanding (Diluted)	483.02M	483.02M	483.02M	483.02M	483.02M
Dividend Growth	—	—	—	—	—
Free Cash Flow	-29.61M	48.18M	-71.97M	-103.26M	23.83M
Free Cash Flow Margin	-11.2%	+300.1%	-26.9%	-38.9%	+8.4%
Free Cash Flow Per Share	-0.06	0.10	-0.15	-0.21	0.05
Payout Ratio	—	—	—	—	—
Supplemental
Total Interest Dividend Income	11.18M	-74.21M	-30.60M	71.56M	10.45M

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	264.53M	16.06M	267.69M	265.37M	284.69M
Operating Expenses	260.26M	5.89M	264.26M	255.40M	269.62M
Pretax Income	4.27M	10.16M	3.43M	-6.73M	15.07M
Income Tax	1.46M	2.30M	3.05M	-0.91M	5.20M
Net Income	0.80M	6.67M	-0.97M	-5.79M	8.08M
Premium Revenue	253.35M	7.73M	256.36M	243.55M	274.24M
Policy Benefits	248.46M	-169.07M	249.21M	61.57M	250.19M
Policy Cost	—	179.42M	—	—	—
EPS (Basic)	0.00	0.01	-0.00	-0.01	0.02
EPS (Diluted)	0.00	0.01	-0.00	-0.01	0.02
Margins & Efficiency
Net Margin %	+0.3%	+41.5%	-0.4%	-2.2%	+2.8%
Revenue & Income
Revenue Growth (YoY)	-7.1%	-93.8%	-8.1%	-13.0%	-3.1%
Revenue Insurance	264.53M	16.06M	267.69M	265.37M	284.69M
Premiums Annuity Rev	253.35M	7.73M	256.36M	243.55M	274.24M
Other Revenue Insurance	—	1.60M	0.40M	0.65M	—
Gain (Loss) on Sale of Assets	—	—	—	2.02M	—
Gain Investment Rev Insurance	—	80.94M	41.54M	-50.38M	—
Currency Exchange Gain (Loss)	—	—	—	—	—
Expenses & Provisions
SG&A Insurance	—	—	—	5.98M	—
Other Opex Insurance	21.25M	16.56M	14.97M	158.64M	17.53M
Total Opex Insurance	260.26M	5.89M	264.26M	255.40M	269.62M
Interest Expense	—	—	—	-19.94M	—
Other Non Operating Income (Expenses)	—	—	—	-3.28M	—
Policy Benefits	248.46M	-169.07M	249.21M	61.57M	250.19M
Policy Cost	—	179.42M	—	—	—
Provision for Bad Debts	-9.44M	-21.02M	0.09M	-1.14M	1.91M
Asset Writedown	—	—	—	4.50M	—
Impairment of Goodwill	—	—	—	—	—
Amortization Goodwill Intangibles Insurance	—	—	—	—	—
D&A For EBITDA	0.90M	0.90M	0.90M	0.65M	0.95M
Da Suppl Insurance	—	—	—	2.14M	—
Profitability & Returns
EBIT	4.27M	10.16M	3.43M	9.97M	15.07M
EBIT Margin	+1.6%	+63.3%	+1.3%	+3.8%	+5.3%
EBITDA	5.17M	11.06M	4.33M	10.63M	16.02M
EBITDA Margin	+2.0%	+68.9%	+1.6%	+4.0%	+5.6%
EBT Excluding Unusual Items	4.27M	10.16M	3.43M	-13.25M	15.07M
Pretax Income	4.27M	10.16M	3.43M	-6.73M	15.07M
Opinc Insurance	4.27M	10.16M	3.43M	9.97M	15.07M
Operating Margin	+1.6%	+63.3%	+1.3%	+3.8%	+5.3%
Profit Margin	+0.3%	+41.5%	-0.4%	-2.2%	+2.8%
Net Income	0.80M	6.67M	-0.97M	-5.79M	8.08M
Net Income to Common	0.80M	6.67M	-0.97M	-5.79M	8.08M
Net Income to Company	2.82M	7.86M	0.39M	-5.82M	9.88M
Net Income Growth	-90.0%	+873.4%	—	—	+540.1%
Earnings From Continuing Ops.	2.82M	7.86M	0.39M	-5.82M	9.88M
Minority Interest in Earnings	-2.01M	-1.19M	-1.36M	0.03M	-1.80M
Income Tax Expense	1.46M	2.30M	3.05M	-0.91M	5.20M
Effective Tax Rate	+34.1%	+22.7%	+88.8%	—	+34.5%
Per Share & Capital
EPS (Basic)	0.00	0.01	-0.00	-0.01	0.02
EPS (Diluted)	0.00	0.01	-0.00	-0.01	0.02
EPS Growth	-90.1%	+873.5%	—	—	+540.2%
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	—	—	0	—
Shares Outstanding (Basic)	483.02M	483.02M	483.02M	483.02M	483.02M
Shares Outstanding (Diluted)	483.02M	483.02M	483.02M	483.02M	483.02M
Dividend Growth	—	—	—	—	—
Free Cash Flow	-29.61M	48.18M	-71.97M	-103.26M	23.83M
Free Cash Flow Margin	-11.2%	+300.1%	-26.9%	-38.9%	+8.4%
Free Cash Flow Per Share	-0.06	0.10	-0.15	-0.21	0.05
Payout Ratio	—	—	—	—	—
Supplemental
Total Interest Dividend Income	11.18M	-74.21M	-30.60M	71.56M	10.45M