Watania International Holding

Watania International Holding PJSC

WATANIAStocksDubai Financial MarketInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Assets
Cash & Equivalents	123.11M	78.35M	103.06M	33.84M	132.30M
Total Assets	1.32B	1.18B	1.28B	1.58B	1.66B
Investment Securities	21.92M	34.74M	48.35M	23.02M	23.11M
Reinsurance Recoverable	298.26M	103.52M	137.23M	329.72M	277.17M
Liabilities
Total Liabilities	1.09B	0.95B	1.07B	1.43B	1.52B
Insurance Liabilities	895.58M	722.41M	763.13M	580.74M	541.23M
Unearned Premiums	—	—	—	229.24M	214.51M
Unpaid Claims	—	—	—	257.58M	298.10M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	22.15M	12.99M
Total Equity	236.20M	229.59M	218.46M	152.24M	145.44M
Shares Outstanding	252,602,643	260,156,250	260,156,250	150,000,000	150,000,000
Cash & Assets
Total Assets	1.32B	1.18B	1.28B	1.58B	1.66B
Cash & Equivalents	123.11M	78.35M	103.06M	33.84M	132.30M
Net Cash (Debt)	68.17M	-3.96M	-1.29M	-84.51M	-95.01M
Net Cash Per Share	0.26	-0.02	-0.00	-0.56	-0.63
Other Receivables Insurance	24.03M	36.00M	87.20M	203.99M	192.34M
Construction In Progress	2.40M	0.91M	3.43M	2.26M	4.21M
Buildings	—	—	—	10.23M	10.23M
Machinery	19.37M	18.80M	17.64M	16.10M	15.40M
Leasehold Improvements	7.77M	6.98M	1.80M	1.80M	1.79M
Property, Plant & Equipment	14.68M	15.13M	15.66M	15.93M	21.81M
Other Intangibles Insurance	76.64M	83.07M	90.55M	89.14M	93.12M
Deferred Policy Acquisition Cost	—	—	—	22.15M	12.99M
Other Current Assets Insurance	—	—	—	47.51M	50.72M
Other Long Term Assets Insurance	17.47M	40.45M	57.78M	—	—
Long-Term Leases	—	—	—	—	12.46M
Current Portion of Leases	6.07M	7.56M	8.90M	9.10M	—
Loans & Investments
Investment Debt Securities	21.92M	34.74M	48.35M	23.02M	23.11M
Investment Equity Preferred	—	5.20M	70.62M	5.94M	5.94M
Other Investments	198.61M	291.15M	216.99M	270.31M	387.07M
Reinsurance Recoverable	298.26M	103.52M	137.23M	329.72M	277.17M
Total Investments	769.80M	826.41M	792.97M	840.79M	882.08M
Liabilities & Obligations
Total Liabilities & Equity	1.32B	1.18B	1.28B	1.58B	1.66B
Accounts Payable Insurance	7.03M	33.64M	70.86M	—	—
Accrued Expenses	—	—	—	31.55M	36.56M
Current Income Taxes Payable	23.00K	—	—	—	—
Other Current Liabilities Insurance	53.29M	37.66M	74.96M	43.42M	—
Other Long Term Liabilities Insurance	—	—	—	22.18M	82.92M
Reinsurance Payable	51.83M	53.17M	35.08M	140.23M	106.35M
Unearned Premiums	—	—	—	229.24M	214.51M
Unpaid Claims	—	—	—	257.58M	298.10M
Insurance Annuity Liabilities	895.58M	722.41M	763.13M	580.74M	541.23M
Deffered Tax Liabilities Insurance	5.06M	4.25M	—	—	—
Debt & Funding
Long-Term Debt	48.88M	61.81M	74.75M	95.45M	114.86M
Short-Term Debt	—	—	—	—	100.00M
Total Debt	54.94M	82.31M	104.35M	118.35M	227.31M
Current Portion of Long-Term Debt	—	12.94M	20.70M	13.80M	—
Equity & Book Value
Shareholders' Equity	236.20M	229.59M	218.46M	152.24M	145.44M
Common Stock	260.16M	260.16M	260.16M	150.00M	150.00M
Retained Earnings	-18.68M	-30.76M	-40.04M	2.24M	-4.56M
Treasury Stock	-7.55M	—	—	—	—
Comprehensive Income & Other	2.28M	0.20M	-1.66M	—	—
Book Value Per Share	0.94	0.88	0.84	1.01	0.97
Tangible Book Value	159.57M	146.53M	127.91M	63.10M	52.32M
Tangible Book Value Per Share	0.63	0.56	0.49	0.42	0.35
Filing Date Shares Outstanding	252.60M	260.16M	260.16M	150.00M	150.00M
Total Common Shares Outstanding	252.60M	260.16M	260.16M	150.00M	150.00M
Supplemental
Total Liabilities Insurance	1.09B	0.95B	1.07B	1.43B	1.52B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Assets
Cash & Equivalents	123.11M	78.35M	103.06M	33.84M	132.30M
Total Assets	1.32B	1.18B	1.28B	1.58B	1.66B
Investment Securities	21.92M	34.74M	48.35M	23.02M	23.11M
Reinsurance Recoverable	298.26M	103.52M	137.23M	329.72M	277.17M
Liabilities
Total Liabilities	1.09B	0.95B	1.07B	1.43B	1.52B
Insurance Liabilities	895.58M	722.41M	763.13M	580.74M	541.23M
Unearned Premiums	—	—	—	229.24M	214.51M
Unpaid Claims	—	—	—	257.58M	298.10M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	22.15M	12.99M
Total Equity	236.20M	229.59M	218.46M	152.24M	145.44M
Shares Outstanding	252,602,643	260,156,250	260,156,250	150,000,000	150,000,000
Cash & Assets
Total Assets	1.32B	1.18B	1.28B	1.58B	1.66B
Cash & Equivalents	123.11M	78.35M	103.06M	33.84M	132.30M
Net Cash (Debt)	68.17M	-3.96M	-1.29M	-84.51M	-95.01M
Net Cash Per Share	0.26	-0.02	-0.00	-0.56	-0.63
Other Receivables Insurance	24.03M	36.00M	87.20M	203.99M	192.34M
Construction In Progress	2.40M	0.91M	3.43M	2.26M	4.21M
Buildings	—	—	—	10.23M	10.23M
Machinery	19.37M	18.80M	17.64M	16.10M	15.40M
Leasehold Improvements	7.77M	6.98M	1.80M	1.80M	1.79M
Property, Plant & Equipment	14.68M	15.13M	15.66M	15.93M	21.81M
Other Intangibles Insurance	76.64M	83.07M	90.55M	89.14M	93.12M
Deferred Policy Acquisition Cost	—	—	—	22.15M	12.99M
Other Current Assets Insurance	—	—	—	47.51M	50.72M
Other Long Term Assets Insurance	17.47M	40.45M	57.78M	—	—
Long-Term Leases	—	—	—	—	12.46M
Current Portion of Leases	6.07M	7.56M	8.90M	9.10M	—
Loans & Investments
Investment Debt Securities	21.92M	34.74M	48.35M	23.02M	23.11M
Investment Equity Preferred	—	5.20M	70.62M	5.94M	5.94M
Other Investments	198.61M	291.15M	216.99M	270.31M	387.07M
Reinsurance Recoverable	298.26M	103.52M	137.23M	329.72M	277.17M
Total Investments	769.80M	826.41M	792.97M	840.79M	882.08M
Liabilities & Obligations
Total Liabilities & Equity	1.32B	1.18B	1.28B	1.58B	1.66B
Accounts Payable Insurance	7.03M	33.64M	70.86M	—	—
Accrued Expenses	—	—	—	31.55M	36.56M
Current Income Taxes Payable	23.00K	—	—	—	—
Other Current Liabilities Insurance	53.29M	37.66M	74.96M	43.42M	—
Other Long Term Liabilities Insurance	—	—	—	22.18M	82.92M
Reinsurance Payable	51.83M	53.17M	35.08M	140.23M	106.35M
Unearned Premiums	—	—	—	229.24M	214.51M
Unpaid Claims	—	—	—	257.58M	298.10M
Insurance Annuity Liabilities	895.58M	722.41M	763.13M	580.74M	541.23M
Deffered Tax Liabilities Insurance	5.06M	4.25M	—	—	—
Debt & Funding
Long-Term Debt	48.88M	61.81M	74.75M	95.45M	114.86M
Short-Term Debt	—	—	—	—	100.00M
Total Debt	54.94M	82.31M	104.35M	118.35M	227.31M
Current Portion of Long-Term Debt	—	12.94M	20.70M	13.80M	—
Equity & Book Value
Shareholders' Equity	236.20M	229.59M	218.46M	152.24M	145.44M
Common Stock	260.16M	260.16M	260.16M	150.00M	150.00M
Retained Earnings	-18.68M	-30.76M	-40.04M	2.24M	-4.56M
Treasury Stock	-7.55M	—	—	—	—
Comprehensive Income & Other	2.28M	0.20M	-1.66M	—	—
Book Value Per Share	0.94	0.88	0.84	1.01	0.97
Tangible Book Value	159.57M	146.53M	127.91M	63.10M	52.32M
Tangible Book Value Per Share	0.63	0.56	0.49	0.42	0.35
Filing Date Shares Outstanding	252.60M	260.16M	260.16M	150.00M	150.00M
Total Common Shares Outstanding	252.60M	260.16M	260.16M	150.00M	150.00M
Supplemental
Total Liabilities Insurance	1.09B	0.95B	1.07B	1.43B	1.52B