Wethaq Takaful Insurance Company

Wethaq Takaful Insurance Co. KCSC

WETHAQStocksBoursa KuwaitInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	7.17M	4.42M	2.81M	3.72M	2.17M
Operating Expenses	6.44M	4.37M	2.75M	3.61M	2.25M
Pretax Income	0.85M	0.06M	0.09M	0.08M	-0.04M
Income Tax	8.24K	0.59K	0.92K	0.86K	2.62K
Net Income	0.84M	0.06M	0.09M	0.08M	-0.04M
Premium Revenue	6.28M	4.20M	2.58M	3.47M	1.24M
Policy Benefits	6.31M	4.25M	2.65M	3.51M	0.49M
Policy Cost	—	—	—	—	112.88K
EPS (Basic)	0.01	0.00	0.00	0.00	-0.00
EPS (Diluted)	0.01	0.00	0.00	0.00	-0.00
Margins & Efficiency
Net Margin %	+11.7%	+1.3%	+3.1%	+2.2%	-1.8%
Revenue & Income
Revenue Growth (YoY)	+62.0%	+57.4%	-24.4%	+71.5%	-3.2%
Revenue Insurance	7.17M	4.42M	2.81M	3.72M	2.17M
Premiums Annuity Rev	6.28M	4.20M	2.58M	3.47M	1.24M
Other Revenue Insurance	81.14K	92.43K	96.91K	-53.48K	141.21K
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain Investment Rev Insurance	413.87K	10.26K	-4.67K	-2.36K	39.50K
Currency Exchange Gain (Loss)	—	—	—	—	—
Non Insurance Rev	80.31K	61.69K	103.33K	188.43K	134.53K
Expenses & Provisions
SG&A Insurance	0.05M	0.07M	0.04M	0.03M	1.26M
Other Opex Insurance	20.59K	1.47K	2.29K	2.15K	6.55K
Total Opex Insurance	6.44M	4.37M	2.75M	3.61M	2.25M
Policy Benefits	6.31M	4.25M	2.65M	3.51M	0.49M
Policy Cost	—	—	—	—	112.88K
Provision for Bad Debts	—	—	—	—	292.06K
Asset Writedown	115.73K	6.21K	25.93K	-18.43K	43.99K
D&A For EBITDA	—	—	—	157	276
Non Insurance Exp	55.96K	55.11K	59.03K	69.76K	87.09K
Profitability & Returns
EBIT	731.14K	51.29K	63.28K	102.30K	-80.45K
EBIT Margin	+10.2%	+1.2%	+2.3%	+2.8%	-3.7%
EBITDA	—	—	—	102.46K	-80.18K
EBITDA Margin	—	—	—	+2.8%	-3.7%
EBT Excluding Unusual Items	731.14K	51.29K	63.28K	102.30K	-80.45K
Pretax Income	0.85M	0.06M	0.09M	0.08M	-0.04M
Opinc Insurance	731.14K	51.29K	63.28K	102.30K	-80.45K
Operating Margin	+10.2%	+1.2%	+2.3%	+2.8%	-3.7%
Profit Margin	+11.7%	+1.3%	+3.1%	+2.2%	-1.8%
Net Income	0.84M	0.06M	0.09M	0.08M	-0.04M
Net Income to Common	0.84M	0.06M	0.09M	0.08M	-0.04M
Net Income to Company	0.84M	0.06M	0.09M	0.08M	-0.04M
Net Income Growth	+1,373.6%	-35.5%	+6.4%	—	—
Earnings From Continuing Ops.	0.84M	0.06M	0.09M	0.08M	-0.04M
Income Tax Expense	8.24K	0.59K	0.92K	0.86K	2.62K
Effective Tax Rate	+1.0%	+1.0%	+1.0%	+1.0%	—
Per Share & Capital
EPS (Basic)	0.01	0.00	0.00	0.00	-0.00
EPS (Diluted)	0.01	0.00	0.00	0.00	-0.00
EPS Growth	+1,374.3%	-35.6%	+6.5%	—	—
Shares Outstanding (Basic)	109.80M	109.80M	109.80M	109.80M	109.80M
Shares Outstanding (Diluted)	109.80M	109.80M	109.80M	109.80M	109.80M
Free Cash Flow	-175.77K	-107.67K	-27.34K	2.61K	-108.40K
Free Cash Flow Margin	-2.5%	-2.4%	-1.0%	+0.1%	-5.0%
Free Cash Flow Per Share	-0.00	-0.00	0.00	0.00	-0.00
Supplemental
Total Interest Dividend Income	16.53K	59.87K	12.88K	46.35K	457.88K

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	7.17M	4.42M	2.81M	3.72M	2.17M
Operating Expenses	6.44M	4.37M	2.75M	3.61M	2.25M
Pretax Income	0.85M	0.06M	0.09M	0.08M	-0.04M
Income Tax	8.24K	0.59K	0.92K	0.86K	2.62K
Net Income	0.84M	0.06M	0.09M	0.08M	-0.04M
Premium Revenue	6.28M	4.20M	2.58M	3.47M	1.24M
Policy Benefits	6.31M	4.25M	2.65M	3.51M	0.49M
Policy Cost	—	—	—	—	112.88K
EPS (Basic)	0.01	0.00	0.00	0.00	-0.00
EPS (Diluted)	0.01	0.00	0.00	0.00	-0.00
Margins & Efficiency
Net Margin %	+11.7%	+1.3%	+3.1%	+2.2%	-1.8%
Revenue & Income
Revenue Growth (YoY)	+62.0%	+57.4%	-24.4%	+71.5%	-3.2%
Revenue Insurance	7.17M	4.42M	2.81M	3.72M	2.17M
Premiums Annuity Rev	6.28M	4.20M	2.58M	3.47M	1.24M
Other Revenue Insurance	81.14K	92.43K	96.91K	-53.48K	141.21K
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain Investment Rev Insurance	413.87K	10.26K	-4.67K	-2.36K	39.50K
Currency Exchange Gain (Loss)	—	—	—	—	—
Non Insurance Rev	80.31K	61.69K	103.33K	188.43K	134.53K
Expenses & Provisions
SG&A Insurance	0.05M	0.07M	0.04M	0.03M	1.26M
Other Opex Insurance	20.59K	1.47K	2.29K	2.15K	6.55K
Total Opex Insurance	6.44M	4.37M	2.75M	3.61M	2.25M
Policy Benefits	6.31M	4.25M	2.65M	3.51M	0.49M
Policy Cost	—	—	—	—	112.88K
Provision for Bad Debts	—	—	—	—	292.06K
Asset Writedown	115.73K	6.21K	25.93K	-18.43K	43.99K
D&A For EBITDA	—	—	—	157	276
Non Insurance Exp	55.96K	55.11K	59.03K	69.76K	87.09K
Profitability & Returns
EBIT	731.14K	51.29K	63.28K	102.30K	-80.45K
EBIT Margin	+10.2%	+1.2%	+2.3%	+2.8%	-3.7%
EBITDA	—	—	—	102.46K	-80.18K
EBITDA Margin	—	—	—	+2.8%	-3.7%
EBT Excluding Unusual Items	731.14K	51.29K	63.28K	102.30K	-80.45K
Pretax Income	0.85M	0.06M	0.09M	0.08M	-0.04M
Opinc Insurance	731.14K	51.29K	63.28K	102.30K	-80.45K
Operating Margin	+10.2%	+1.2%	+2.3%	+2.8%	-3.7%
Profit Margin	+11.7%	+1.3%	+3.1%	+2.2%	-1.8%
Net Income	0.84M	0.06M	0.09M	0.08M	-0.04M
Net Income to Common	0.84M	0.06M	0.09M	0.08M	-0.04M
Net Income to Company	0.84M	0.06M	0.09M	0.08M	-0.04M
Net Income Growth	+1,373.6%	-35.5%	+6.4%	—	—
Earnings From Continuing Ops.	0.84M	0.06M	0.09M	0.08M	-0.04M
Income Tax Expense	8.24K	0.59K	0.92K	0.86K	2.62K
Effective Tax Rate	+1.0%	+1.0%	+1.0%	+1.0%	—
Per Share & Capital
EPS (Basic)	0.01	0.00	0.00	0.00	-0.00
EPS (Diluted)	0.01	0.00	0.00	0.00	-0.00
EPS Growth	+1,374.3%	-35.6%	+6.5%	—	—
Shares Outstanding (Basic)	109.80M	109.80M	109.80M	109.80M	109.80M
Shares Outstanding (Diluted)	109.80M	109.80M	109.80M	109.80M	109.80M
Free Cash Flow	-175.77K	-107.67K	-27.34K	2.61K	-108.40K
Free Cash Flow Margin	-2.5%	-2.4%	-1.0%	+0.1%	-5.0%
Free Cash Flow Per Share	-0.00	-0.00	0.00	0.00	-0.00
Supplemental
Total Interest Dividend Income	16.53K	59.87K	12.88K	46.35K	457.88K