Watania International Holding

Watania International Holding PJSC

WATANIAStocksDubai Financial MarketInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	118.24M	-81.64M	263.58M	215.79M	117.21M
Operating Expenses	122.63M	-95.99M	246.22M	207.46M	118.71M
Pretax Income	-5.56M	15.71M	15.98M	7.87M	-2.16M
Income Tax	-0.58M	1.28M	1.48M	0.39M	-0.11M
Net Income	-4.98M	14.43M	14.50M	7.48M	-2.05M
Premium Revenue	118.03M	-95.00M	251.19M	204.61M	110.00M
Policy Benefits	118.23M	-273.01M	240.81M	200.45M	113.32M
Policy Cost	—	165.89M	—	—	—
EPS (Basic)	-0.02	0.06	0.06	0.03	-0.01
EPS (Diluted)	-0.02	0.06	0.06	0.03	-0.01
Margins & Efficiency
Net Margin %	-4.2%	-17.7%	+5.5%	+3.5%	-1.7%
Revenue & Income
Revenue Growth (YoY)	+0.9%	—	+13.8%	-3.8%	-33.9%
Revenue Insurance	118.24M	-81.64M	263.58M	215.79M	117.21M
Premiums Annuity Rev	118.03M	-95.00M	251.19M	204.61M	110.00M
Other Revenue Insurance	—	—	—	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain Investment Rev Insurance	-7.78M	30.27M	—	—	-8.37M
Reinsurance	—	—	—	—	—
Expenses & Provisions
SG&A Insurance	3.58M	7.45M	4.75M	6.32M	4.65M
Other Opex Insurance	—	1.64M	—	—	—
Total Opex Insurance	122.63M	-95.99M	246.22M	207.46M	118.71M
Interest Expense	-1.14M	-1.65M	-1.62M	-1.76M	-0.91M
Other Non Operating Income (Expenses)	-0.03M	0.64M	0.24M	1.29M	0.25M
Policy Benefits	118.23M	-273.01M	240.81M	200.45M	113.32M
Policy Cost	—	165.89M	—	—	—
Merger & Restructuring Charges	—	—	—	—	—
Asset Writedown	—	2.37M	—	—	—
Amortization Goodwill Intangibles Insurance	0.82M	2.04M	0.66M	0.69M	0.75M
D&A For EBITDA	1.78M	1.40M	2.02M	2.04M	1.83M
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	-4.39M	14.35M	17.36M	8.33M	-1.50M
EBIT Margin	-3.7%	—	+6.6%	+3.9%	-1.3%
EBITDA	-2.61M	15.74M	19.38M	10.37M	0.33M
EBITDA Margin	-2.2%	—	+7.4%	+4.8%	+0.3%
EBT Excluding Unusual Items	-5.56M	13.34M	15.98M	7.87M	-2.16M
Pretax Income	-5.56M	15.71M	15.98M	7.87M	-2.16M
Opinc Insurance	-4.39M	14.35M	17.36M	8.33M	-1.50M
Operating Margin	-3.7%	—	+6.6%	+3.9%	-1.3%
Profit Margin	-4.2%	—	+5.5%	+3.5%	-1.7%
Net Income	-4.98M	14.43M	14.50M	7.48M	-2.05M
Net Income to Common	-4.98M	14.43M	14.50M	7.48M	-2.05M
Net Income Growth	—	+336.2%	+7,825.7%	+388.8%	—
Income Tax Expense	-0.58M	1.28M	1.48M	0.39M	-0.11M
Effective Tax Rate	—	+8.2%	+9.2%	+5.0%	—
Per Share & Capital
EPS (Basic)	-0.02	0.06	0.06	0.03	-0.01
EPS (Diluted)	-0.02	0.06	0.06	0.03	-0.01
EPS Growth	—	+336.2%	+7,830.4%	+388.8%	—
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	260.16M	260.16M	260.16M	260.16M	260.16M
Shares Outstanding (Diluted)	260.16M	260.16M	260.16M	260.16M	260.16M
Free Cash Flow	42.24M	25.12M	-24.70M	19.01M	35.63M
Free Cash Flow Margin	+35.7%	—	-9.4%	+8.8%	+30.4%
Free Cash Flow Per Share	0.16	0.10	-0.10	0.07	0.14
Payout Ratio	—	—	—	—	—
Supplemental
Other Unusual Items	—	—	—	—	—
Total Interest Dividend Income	7.99M	-16.91M	12.39M	11.19M	15.58M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	118.24M	-81.64M	263.58M	215.79M	117.21M
Operating Expenses	122.63M	-95.99M	246.22M	207.46M	118.71M
Pretax Income	-5.56M	15.71M	15.98M	7.87M	-2.16M
Income Tax	-0.58M	1.28M	1.48M	0.39M	-0.11M
Net Income	-4.98M	14.43M	14.50M	7.48M	-2.05M
Premium Revenue	118.03M	-95.00M	251.19M	204.61M	110.00M
Policy Benefits	118.23M	-273.01M	240.81M	200.45M	113.32M
Policy Cost	—	165.89M	—	—	—
EPS (Basic)	-0.02	0.06	0.06	0.03	-0.01
EPS (Diluted)	-0.02	0.06	0.06	0.03	-0.01
Margins & Efficiency
Net Margin %	-4.2%	-17.7%	+5.5%	+3.5%	-1.7%
Revenue & Income
Revenue Growth (YoY)	+0.9%	—	+13.8%	-3.8%	-33.9%
Revenue Insurance	118.24M	-81.64M	263.58M	215.79M	117.21M
Premiums Annuity Rev	118.03M	-95.00M	251.19M	204.61M	110.00M
Other Revenue Insurance	—	—	—	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain Investment Rev Insurance	-7.78M	30.27M	—	—	-8.37M
Reinsurance	—	—	—	—	—
Expenses & Provisions
SG&A Insurance	3.58M	7.45M	4.75M	6.32M	4.65M
Other Opex Insurance	—	1.64M	—	—	—
Total Opex Insurance	122.63M	-95.99M	246.22M	207.46M	118.71M
Interest Expense	-1.14M	-1.65M	-1.62M	-1.76M	-0.91M
Other Non Operating Income (Expenses)	-0.03M	0.64M	0.24M	1.29M	0.25M
Policy Benefits	118.23M	-273.01M	240.81M	200.45M	113.32M
Policy Cost	—	165.89M	—	—	—
Merger & Restructuring Charges	—	—	—	—	—
Asset Writedown	—	2.37M	—	—	—
Amortization Goodwill Intangibles Insurance	0.82M	2.04M	0.66M	0.69M	0.75M
D&A For EBITDA	1.78M	1.40M	2.02M	2.04M	1.83M
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	-4.39M	14.35M	17.36M	8.33M	-1.50M
EBIT Margin	-3.7%	—	+6.6%	+3.9%	-1.3%
EBITDA	-2.61M	15.74M	19.38M	10.37M	0.33M
EBITDA Margin	-2.2%	—	+7.4%	+4.8%	+0.3%
EBT Excluding Unusual Items	-5.56M	13.34M	15.98M	7.87M	-2.16M
Pretax Income	-5.56M	15.71M	15.98M	7.87M	-2.16M
Opinc Insurance	-4.39M	14.35M	17.36M	8.33M	-1.50M
Operating Margin	-3.7%	—	+6.6%	+3.9%	-1.3%
Profit Margin	-4.2%	—	+5.5%	+3.5%	-1.7%
Net Income	-4.98M	14.43M	14.50M	7.48M	-2.05M
Net Income to Common	-4.98M	14.43M	14.50M	7.48M	-2.05M
Net Income Growth	—	+336.2%	+7,825.7%	+388.8%	—
Income Tax Expense	-0.58M	1.28M	1.48M	0.39M	-0.11M
Effective Tax Rate	—	+8.2%	+9.2%	+5.0%	—
Per Share & Capital
EPS (Basic)	-0.02	0.06	0.06	0.03	-0.01
EPS (Diluted)	-0.02	0.06	0.06	0.03	-0.01
EPS Growth	—	+336.2%	+7,830.4%	+388.8%	—
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	260.16M	260.16M	260.16M	260.16M	260.16M
Shares Outstanding (Diluted)	260.16M	260.16M	260.16M	260.16M	260.16M
Free Cash Flow	42.24M	25.12M	-24.70M	19.01M	35.63M
Free Cash Flow Margin	+35.7%	—	-9.4%	+8.8%	+30.4%
Free Cash Flow Per Share	0.16	0.10	-0.10	0.07	0.14
Payout Ratio	—	—	—	—	—
Supplemental
Other Unusual Items	—	—	—	—	—
Total Interest Dividend Income	7.99M	-16.91M	12.39M	11.19M	15.58M