Watania International Holding

Watania International Holding PJSC

WATANIAStocksDubai Financial MarketInsurance

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
Assets
Cash & Equivalents	128.11M	123.11M	78.35M	103.06M	33.84M
Total Assets	1.41B	1.32B	1.18B	1.28B	1.58B
Investment Securities	5.40M	21.92M	34.74M	48.35M	23.02M
Reinsurance Recoverable	247.36M	298.26M	103.52M	137.23M	329.72M
Liabilities
Total Liabilities	1.15B	1.09B	0.95B	1.07B	1.43B
Insurance Liabilities	888.82M	915.72M	722.41M	763.13M	580.74M
Unearned Premiums	—	—	—	—	229.24M
Unpaid Claims	—	—	—	—	257.58M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	22.15M
Total Equity	262.02M	229.26M	229.59M	218.46M	152.24M
Shares Outstanding	250,170,578	252,602,643	260,156,250	260,156,250	150,000,000
Cash & Assets
Total Assets	1.41B	1.32B	1.18B	1.28B	1.58B
Cash & Equivalents	128.11M	123.11M	78.35M	103.06M	33.84M
Net Cash (Debt)	23.73M	68.17M	-3.96M	-1.29M	-84.51M
Net Cash Per Share	0.09	0.26	-0.02	-0.00	-0.56
Net Cash Growth	-65.2%	—	—	—	—
Other Receivables Insurance	47.84M	52.94M	36.00M	87.20M	203.99M
Construction In Progress	1.50M	2.40M	0.91M	3.43M	2.26M
Buildings	—	—	—	—	10.23M
Machinery	19.38M	19.37M	18.80M	17.64M	16.10M
Leasehold Improvements	7.57M	7.77M	6.98M	1.80M	1.80M
Property, Plant & Equipment	10.71M	14.68M	15.13M	15.66M	15.93M
Other Intangibles Insurance	34.93M	41.41M	83.07M	90.55M	89.14M
Deferred Policy Acquisition Cost	—	—	—	—	22.15M
Other Current Assets Insurance	—	—	—	—	47.51M
Other Long Term Assets Insurance	132.18M	79.37M	40.45M	57.78M	—
Long-Term Leases	—	—	—	—	—
Current Portion of Leases	4.38M	6.07M	7.56M	8.90M	9.10M
Loans & Investments
Investment Debt Securities	5.40M	21.92M	34.74M	48.35M	23.02M
Investment Equity Preferred	—	—	5.20M	70.62M	5.94M
Other Investments	161.86M	136.71M	291.15M	216.99M	270.31M
Reinsurance Recoverable	247.36M	298.26M	103.52M	137.23M	329.72M
Total Investments	807.67M	707.90M	826.41M	792.97M	840.79M
Liabilities & Obligations
Total Liabilities & Equity	1.41B	1.32B	1.18B	1.28B	1.58B
Accounts Payable Insurance	10.28M	7.03M	33.64M	70.86M	—
Accrued Expenses	—	—	—	—	31.55M
Current Income Taxes Payable	2.42M	0.02M	—	—	—
Other Current Liabilities Insurance	38.45M	34.35M	37.66M	74.96M	43.42M
Other Long Term Liabilities Insurance	—	—	—	—	22.18M
Reinsurance Payable	79.97M	51.83M	53.17M	35.08M	140.23M
Unearned Premiums	—	—	—	—	229.24M
Unpaid Claims	—	—	—	—	257.58M
Insurance Annuity Liabilities	888.82M	915.72M	722.41M	763.13M	580.74M
Deffered Tax Liabilities Insurance	5.06M	4.50M	4.25M	—	—
Debt & Funding
Long-Term Debt	66.67M	48.88M	61.81M	74.75M	95.45M
Short-Term Debt	—	—	—	—	—
Total Debt	104.38M	54.94M	82.31M	104.35M	118.35M
Current Portion of Long-Term Debt	33.33M	—	12.94M	20.70M	13.80M
Equity & Book Value
Shareholders' Equity	262.02M	229.26M	229.59M	218.46M	152.24M
Common Stock	260.16M	260.16M	260.16M	260.16M	150.00M
Retained Earnings	8.73M	-25.63M	-30.76M	-40.04M	2.24M
Treasury Stock	-9.99M	-7.55M	—	—	—
Comprehensive Income & Other	3.11M	2.28M	0.20M	-1.66M	—
Book Value Per Share	1.05	0.91	0.88	0.84	1.01
Tangible Book Value	227.09M	187.85M	146.53M	127.91M	63.10M
Tangible Book Value Per Share	0.91	0.74	0.56	0.49	0.42
Filing Date Shares Outstanding	250.17M	252.60M	260.16M	260.16M	150.00M
Total Common Shares Outstanding	250.17M	252.60M	260.16M	260.16M	150.00M
Supplemental
Total Liabilities Insurance	1.15B	1.09B	0.95B	1.07B	1.43B

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
Assets
Cash & Equivalents	128.11M	123.11M	78.35M	103.06M	33.84M
Total Assets	1.41B	1.32B	1.18B	1.28B	1.58B
Investment Securities	5.40M	21.92M	34.74M	48.35M	23.02M
Reinsurance Recoverable	247.36M	298.26M	103.52M	137.23M	329.72M
Liabilities
Total Liabilities	1.15B	1.09B	0.95B	1.07B	1.43B
Insurance Liabilities	888.82M	915.72M	722.41M	763.13M	580.74M
Unearned Premiums	—	—	—	—	229.24M
Unpaid Claims	—	—	—	—	257.58M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	22.15M
Total Equity	262.02M	229.26M	229.59M	218.46M	152.24M
Shares Outstanding	250,170,578	252,602,643	260,156,250	260,156,250	150,000,000
Cash & Assets
Total Assets	1.41B	1.32B	1.18B	1.28B	1.58B
Cash & Equivalents	128.11M	123.11M	78.35M	103.06M	33.84M
Net Cash (Debt)	23.73M	68.17M	-3.96M	-1.29M	-84.51M
Net Cash Per Share	0.09	0.26	-0.02	-0.00	-0.56
Net Cash Growth	-65.2%	—	—	—	—
Other Receivables Insurance	47.84M	52.94M	36.00M	87.20M	203.99M
Construction In Progress	1.50M	2.40M	0.91M	3.43M	2.26M
Buildings	—	—	—	—	10.23M
Machinery	19.38M	19.37M	18.80M	17.64M	16.10M
Leasehold Improvements	7.57M	7.77M	6.98M	1.80M	1.80M
Property, Plant & Equipment	10.71M	14.68M	15.13M	15.66M	15.93M
Other Intangibles Insurance	34.93M	41.41M	83.07M	90.55M	89.14M
Deferred Policy Acquisition Cost	—	—	—	—	22.15M
Other Current Assets Insurance	—	—	—	—	47.51M
Other Long Term Assets Insurance	132.18M	79.37M	40.45M	57.78M	—
Long-Term Leases	—	—	—	—	—
Current Portion of Leases	4.38M	6.07M	7.56M	8.90M	9.10M
Loans & Investments
Investment Debt Securities	5.40M	21.92M	34.74M	48.35M	23.02M
Investment Equity Preferred	—	—	5.20M	70.62M	5.94M
Other Investments	161.86M	136.71M	291.15M	216.99M	270.31M
Reinsurance Recoverable	247.36M	298.26M	103.52M	137.23M	329.72M
Total Investments	807.67M	707.90M	826.41M	792.97M	840.79M
Liabilities & Obligations
Total Liabilities & Equity	1.41B	1.32B	1.18B	1.28B	1.58B
Accounts Payable Insurance	10.28M	7.03M	33.64M	70.86M	—
Accrued Expenses	—	—	—	—	31.55M
Current Income Taxes Payable	2.42M	0.02M	—	—	—
Other Current Liabilities Insurance	38.45M	34.35M	37.66M	74.96M	43.42M
Other Long Term Liabilities Insurance	—	—	—	—	22.18M
Reinsurance Payable	79.97M	51.83M	53.17M	35.08M	140.23M
Unearned Premiums	—	—	—	—	229.24M
Unpaid Claims	—	—	—	—	257.58M
Insurance Annuity Liabilities	888.82M	915.72M	722.41M	763.13M	580.74M
Deffered Tax Liabilities Insurance	5.06M	4.50M	4.25M	—	—
Debt & Funding
Long-Term Debt	66.67M	48.88M	61.81M	74.75M	95.45M
Short-Term Debt	—	—	—	—	—
Total Debt	104.38M	54.94M	82.31M	104.35M	118.35M
Current Portion of Long-Term Debt	33.33M	—	12.94M	20.70M	13.80M
Equity & Book Value
Shareholders' Equity	262.02M	229.26M	229.59M	218.46M	152.24M
Common Stock	260.16M	260.16M	260.16M	260.16M	150.00M
Retained Earnings	8.73M	-25.63M	-30.76M	-40.04M	2.24M
Treasury Stock	-9.99M	-7.55M	—	—	—
Comprehensive Income & Other	3.11M	2.28M	0.20M	-1.66M	—
Book Value Per Share	1.05	0.91	0.88	0.84	1.01
Tangible Book Value	227.09M	187.85M	146.53M	127.91M	63.10M
Tangible Book Value Per Share	0.91	0.74	0.56	0.49	0.42
Filing Date Shares Outstanding	250.17M	252.60M	260.16M	260.16M	150.00M
Total Common Shares Outstanding	250.17M	252.60M	260.16M	260.16M	150.00M
Supplemental
Total Liabilities Insurance	1.15B	1.09B	0.95B	1.07B	1.43B