Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (KWD)

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	34.84M	7.93M	36.12M	55.10M	46.52M
Operating Expenses	29.29M	-0.40M	31.44M	51.50M	35.86M
Pretax Income	5.48M	8.40M	4.88M	4.19M	10.67M
Income Tax	49.80K	102.65K	51.71K	38.75K	108.20K
Net Income	4.80M	7.32M	4.35M	3.55M	9.97M
Premium Revenue	35.35M	7.95M	33.06M	50.08M	40.75M
Policy Benefits	24.26M	-5.86M	30.16M	40.90M	30.53M
Policy Cost	3.77M	5.11M	—	5.78M	3.73M
EPS (Basic)	0.02	0.03	0.02	0.01	0.04
EPS (Diluted)	0.02	0.03	0.02	0.01	0.04
Margins & Efficiency
Net Margin %	+13.8%	+92.3%	+12.0%	+6.4%	+21.4%
Revenue & Income
Revenue as Reported	—	—	—	—	—
Revenue Growth (YoY)	-25.1%	+574.4%	-27.4%	+32.5%	+47.8%
Revenue Insurance	34.84M	7.93M	36.12M	55.10M	46.52M
Premiums Annuity Rev	35.35M	7.95M	33.06M	50.08M	40.75M
Other Revenue Insurance	-3.22M	-0.83M	-1.46M	-0.70M	0.24M
Earnings From Equity Investments	—	—	—	—	—
Gain Investment Rev Insurance	-1.34M	-2.62M	0.79M	1.83M	2.41M
Currency Exchange Gain (Loss)	100.71K	155.75K	251.56K	638.08K	130.29K
Expenses & Provisions
SG&A Insurance	0.98M	-0.71M	0.83M	3.85M	1.02M
Other Opex Insurance	0.18M	0.96M	0.35M	0.86M	0.50M
Total Opex Insurance	29.29M	-0.40M	31.44M	51.50M	35.86M
Interest Expense	-111.79K	-23.97K	-2.66K	—	-0.20K
Other Non Operating Income (Expenses)	-57.20K	-75.07K	-52.61K	-43.94K	-111.20K
Policy Benefits	24.26M	-5.86M	30.16M	40.90M	30.53M
Policy Cost	3.77M	5.11M	—	5.78M	3.73M
Provision for Bad Debts	—	—	—	—	—
Asset Writedown	—	12.87K	—	—	—
D&A For EBITDA	95.31K	101.35K	101.88K	113.07K	80.55K
Da Suppl Insurance	95.31K	101.35K	101.88K	113.07K	80.55K
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	5.55M	8.33M	4.69M	3.60M	10.65M
EBIT Margin	+15.9%	+105.1%	+13.0%	+6.5%	+22.9%
EBITDA	5.64M	8.44M	4.79M	3.71M	10.73M
EBITDA Margin	+16.2%	+106.4%	+13.3%	+6.7%	+23.1%
EBT Excluding Unusual Items	5.48M	8.39M	4.88M	4.19M	10.67M
Pretax Income	5.48M	8.40M	4.88M	4.19M	10.67M
Opinc Insurance	5.55M	8.33M	4.69M	3.60M	10.65M
Operating Margin	+15.9%	+105.1%	+13.0%	+6.5%	+22.9%
Profit Margin	+13.8%	+92.3%	+12.0%	+6.4%	+21.4%
Net Income	4.80M	7.32M	4.35M	3.55M	9.97M
Net Income to Common	4.80M	7.32M	4.35M	3.55M	9.97M
Net Income Growth	-51.8%	+35.4%	-24.6%	+31.7%	+13.4%
Earnings From Continuing Ops.	5.43M	8.30M	4.83M	4.15M	10.56M
Minority Interest in Earnings	-627.22K	-981.16K	-486.41K	-600.58K	-596.90K
Income Tax Expense	49.80K	102.65K	51.71K	38.75K	108.20K
Effective Tax Rate	+0.9%	+1.2%	+1.1%	+0.9%	+1.0%
Per Share & Capital
EPS (Basic)	0.02	0.03	0.02	0.01	0.04
EPS (Diluted)	0.02	0.03	0.02	0.01	0.04
EPS Growth	-51.7%	+35.4%	-24.6%	+32.2%	+13.3%
Dividend Per Share	—	0.03	—	—	—
Shares Change (YoY)	-0	0	0	-0	0
Shares Outstanding (Basic)	245.69M	245.69M	245.69M	244.96M	246.20M
Shares Outstanding (Diluted)	245.69M	245.69M	245.69M	244.96M	246.20M
Dividend Growth	—	+130.1%	—	—	—
Free Cash Flow	0.40M	17.44M	4.70M	13.50M	1.25M
Free Cash Flow Margin	+1.1%	+219.9%	+13.0%	+24.5%	+2.7%
Free Cash Flow Per Share	0.00	0.07	0.02	0.06	0.01
Payout Ratio	0.0%	0.0%	+0.5%	+93.6%	0.0%
Supplemental
Total Interest Dividend Income	4.05M	3.43M	3.73M	3.89M	3.12M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

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	34.84M	7.93M	36.12M	55.10M	46.52M
Operating Expenses	29.29M	-0.40M	31.44M	51.50M	35.86M
Pretax Income	5.48M	8.40M	4.88M	4.19M	10.67M
Income Tax	49.80K	102.65K	51.71K	38.75K	108.20K
Net Income	4.80M	7.32M	4.35M	3.55M	9.97M
Premium Revenue	35.35M	7.95M	33.06M	50.08M	40.75M
Policy Benefits	24.26M	-5.86M	30.16M	40.90M	30.53M
Policy Cost	3.77M	5.11M	—	5.78M	3.73M
EPS (Basic)	0.02	0.03	0.02	0.01	0.04
EPS (Diluted)	0.02	0.03	0.02	0.01	0.04
Margins & Efficiency
Net Margin %	+13.8%	+92.3%	+12.0%	+6.4%	+21.4%
Revenue & Income
Revenue as Reported	—	—	—	—	—
Revenue Growth (YoY)	-25.1%	+574.4%	-27.4%	+32.5%	+47.8%
Revenue Insurance	34.84M	7.93M	36.12M	55.10M	46.52M
Premiums Annuity Rev	35.35M	7.95M	33.06M	50.08M	40.75M
Other Revenue Insurance	-3.22M	-0.83M	-1.46M	-0.70M	0.24M
Earnings From Equity Investments	—	—	—	—	—
Gain Investment Rev Insurance	-1.34M	-2.62M	0.79M	1.83M	2.41M
Currency Exchange Gain (Loss)	100.71K	155.75K	251.56K	638.08K	130.29K
Expenses & Provisions
SG&A Insurance	0.98M	-0.71M	0.83M	3.85M	1.02M
Other Opex Insurance	0.18M	0.96M	0.35M	0.86M	0.50M
Total Opex Insurance	29.29M	-0.40M	31.44M	51.50M	35.86M
Interest Expense	-111.79K	-23.97K	-2.66K	—	-0.20K
Other Non Operating Income (Expenses)	-57.20K	-75.07K	-52.61K	-43.94K	-111.20K
Policy Benefits	24.26M	-5.86M	30.16M	40.90M	30.53M
Policy Cost	3.77M	5.11M	—	5.78M	3.73M
Provision for Bad Debts	—	—	—	—	—
Asset Writedown	—	12.87K	—	—	—
D&A For EBITDA	95.31K	101.35K	101.88K	113.07K	80.55K
Da Suppl Insurance	95.31K	101.35K	101.88K	113.07K	80.55K
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	5.55M	8.33M	4.69M	3.60M	10.65M
EBIT Margin	+15.9%	+105.1%	+13.0%	+6.5%	+22.9%
EBITDA	5.64M	8.44M	4.79M	3.71M	10.73M
EBITDA Margin	+16.2%	+106.4%	+13.3%	+6.7%	+23.1%
EBT Excluding Unusual Items	5.48M	8.39M	4.88M	4.19M	10.67M
Pretax Income	5.48M	8.40M	4.88M	4.19M	10.67M
Opinc Insurance	5.55M	8.33M	4.69M	3.60M	10.65M
Operating Margin	+15.9%	+105.1%	+13.0%	+6.5%	+22.9%
Profit Margin	+13.8%	+92.3%	+12.0%	+6.4%	+21.4%
Net Income	4.80M	7.32M	4.35M	3.55M	9.97M
Net Income to Common	4.80M	7.32M	4.35M	3.55M	9.97M
Net Income Growth	-51.8%	+35.4%	-24.6%	+31.7%	+13.4%
Earnings From Continuing Ops.	5.43M	8.30M	4.83M	4.15M	10.56M
Minority Interest in Earnings	-627.22K	-981.16K	-486.41K	-600.58K	-596.90K
Income Tax Expense	49.80K	102.65K	51.71K	38.75K	108.20K
Effective Tax Rate	+0.9%	+1.2%	+1.1%	+0.9%	+1.0%
Per Share & Capital
EPS (Basic)	0.02	0.03	0.02	0.01	0.04
EPS (Diluted)	0.02	0.03	0.02	0.01	0.04
EPS Growth	-51.7%	+35.4%	-24.6%	+32.2%	+13.3%
Dividend Per Share	—	0.03	—	—	—
Shares Change (YoY)	-0	0	0	-0	0
Shares Outstanding (Basic)	245.69M	245.69M	245.69M	244.96M	246.20M
Shares Outstanding (Diluted)	245.69M	245.69M	245.69M	244.96M	246.20M
Dividend Growth	—	+130.1%	—	—	—
Free Cash Flow	0.40M	17.44M	4.70M	13.50M	1.25M
Free Cash Flow Margin	+1.1%	+219.9%	+13.0%	+24.5%	+2.7%
Free Cash Flow Per Share	0.00	0.07	0.02	0.06	0.01
Payout Ratio	0.0%	0.0%	+0.5%	+93.6%	0.0%
Supplemental
Total Interest Dividend Income	4.05M	3.43M	3.73M	3.89M	3.12M

Financials

Quarterly (KWD)

Al-ahleia Insurance Company

Quarterly (KWD)