TAWUNIYA

Company for Cooperative Insurance

8010StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	5.22B	4.83B	4.72B	4.71B	4.30B
Operating Expenses	4.98B	4.61B	4.22B	4.42B	4.13B
Pretax Income	220.38M	211.90M	499.99M	294.36M	197.86M
Income Tax	19.63M	38.64M	32.57M	32.67M	29.89M
Net Income	200.75M	173.26M	467.42M	261.69M	167.96M
Premium Revenue	5.00B	4.68B	4.56B	4.55B	4.18B
Policy Benefits	4.75B	4.34B	4.11B	4.27B	3.51B
Policy Cost	2.04B	—	—	—	1.70B
EPS (Basic)	1.34	1.16	3.13	1.74	1.12
EPS (Diluted)	1.32	1.16	3.13	1.74	1.12
Margins & Efficiency
Net Margin %	+3.8%	+3.6%	+9.9%	+5.6%	+3.9%
Revenue & Income
Revenue Growth (YoY)	+21.2%	+13.3%	+15.9%	+16.1%	+11.0%
Revenue Insurance	5.22B	4.83B	4.72B	4.71B	4.30B
Premiums Annuity Rev	5.00B	4.68B	4.56B	4.55B	4.18B
Interest & Investment Income	—	—	—	—	—
Other Revenue Insurance	162.37M	126.58M	133.25M	154.04M	115.56M
Earnings From Equity Investments	—	—	—	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	36.24M
Gain Investment Rev Insurance	61.09M	63.65M	39.50M	40.45M	19.97M
Non Insurance Rev	4.58M	1.63M	1.21M	2.19M	3.21M
Expenses & Provisions
SG&A Insurance	24.14M	26.06M	19.08M	26.92M	8.64M
Other Opex Insurance	-1.75B	0.22B	0.18B	0.12B	-1.07B
Total Opex Insurance	4.98B	4.61B	4.22B	4.42B	4.13B
Interest Expense	-20.55M	—	—	—	-9.57M
Policy Benefits	4.75B	4.34B	4.11B	4.27B	3.51B
Policy Cost	2.04B	—	—	—	1.70B
Provision for Bad Debts	-80.43M	28.21M	-82.23M	3.69M	-10.93M
D&A For EBITDA	17.06M	43.91M	42.14M	50.83M	82.33M
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	240.93M	211.90M	499.99M	294.36M	171.19M
EBIT Margin	+4.6%	+4.4%	+10.6%	+6.2%	+4.0%
EBITDA	257.99M	255.81M	542.13M	345.19M	253.52M
EBITDA Margin	+4.9%	+5.3%	+11.5%	+7.3%	+5.9%
EBT Excluding Unusual Items	220.38M	211.90M	499.99M	294.36M	161.62M
Pretax Income	220.38M	211.90M	499.99M	294.36M	197.86M
Opinc Insurance	240.93M	211.90M	499.99M	294.36M	171.19M
Operating Margin	+4.6%	+4.4%	+10.6%	+6.2%	+4.0%
Profit Margin	+3.8%	+3.6%	+9.9%	+5.6%	+3.9%
Net Income	200.75M	173.26M	467.42M	261.69M	167.96M
Net Income to Common	200.75M	173.26M	467.42M	261.69M	167.96M
Net Income Growth	+19.5%	-12.3%	+1.7%	+33.0%	+87.0%
Income Tax Expense	19.63M	38.64M	32.57M	32.67M	29.89M
Effective Tax Rate	+8.9%	+18.2%	+6.5%	+11.1%	+15.1%
Per Share & Capital
EPS (Basic)	1.34	1.16	3.13	1.74	1.12
EPS (Diluted)	1.32	1.16	3.13	1.74	1.12
EPS Growth	+18.8%	-12.1%	+2.0%	+33.0%	+86.2%
Dividend Per Share	—	—	—	—	1.50
Shares Change (YoY)	0.01	-0	-0	0	0
Shares Outstanding (Basic)	149.54M	149.54M	149.44M	149.99M	149.65M
Shares Outstanding (Diluted)	150.97M	149.54M	149.44M	149.99M	150.14M
Dividend Growth	—	—	—	—	+50.0%
Free Cash Flow	0.33B	0.33B	-0.06B	-0.53B	1.16B
Free Cash Flow Margin	+6.3%	+6.8%	-1.3%	-11.1%	+27.1%
Free Cash Flow Per Share	2.17	2.19	-0.41	-3.50	7.76
Payout Ratio	—	—	+48.6%	—	—
Supplemental
Total Interest Dividend Income	-11.70M	-46.72M	-11.96M	-28.31M	-16.96M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	5.22B	4.83B	4.72B	4.71B	4.30B
Operating Expenses	4.98B	4.61B	4.22B	4.42B	4.13B
Pretax Income	220.38M	211.90M	499.99M	294.36M	197.86M
Income Tax	19.63M	38.64M	32.57M	32.67M	29.89M
Net Income	200.75M	173.26M	467.42M	261.69M	167.96M
Premium Revenue	5.00B	4.68B	4.56B	4.55B	4.18B
Policy Benefits	4.75B	4.34B	4.11B	4.27B	3.51B
Policy Cost	2.04B	—	—	—	1.70B
EPS (Basic)	1.34	1.16	3.13	1.74	1.12
EPS (Diluted)	1.32	1.16	3.13	1.74	1.12
Margins & Efficiency
Net Margin %	+3.8%	+3.6%	+9.9%	+5.6%	+3.9%
Revenue & Income
Revenue Growth (YoY)	+21.2%	+13.3%	+15.9%	+16.1%	+11.0%
Revenue Insurance	5.22B	4.83B	4.72B	4.71B	4.30B
Premiums Annuity Rev	5.00B	4.68B	4.56B	4.55B	4.18B
Interest & Investment Income	—	—	—	—	—
Other Revenue Insurance	162.37M	126.58M	133.25M	154.04M	115.56M
Earnings From Equity Investments	—	—	—	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	36.24M
Gain Investment Rev Insurance	61.09M	63.65M	39.50M	40.45M	19.97M
Non Insurance Rev	4.58M	1.63M	1.21M	2.19M	3.21M
Expenses & Provisions
SG&A Insurance	24.14M	26.06M	19.08M	26.92M	8.64M
Other Opex Insurance	-1.75B	0.22B	0.18B	0.12B	-1.07B
Total Opex Insurance	4.98B	4.61B	4.22B	4.42B	4.13B
Interest Expense	-20.55M	—	—	—	-9.57M
Policy Benefits	4.75B	4.34B	4.11B	4.27B	3.51B
Policy Cost	2.04B	—	—	—	1.70B
Provision for Bad Debts	-80.43M	28.21M	-82.23M	3.69M	-10.93M
D&A For EBITDA	17.06M	43.91M	42.14M	50.83M	82.33M
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	240.93M	211.90M	499.99M	294.36M	171.19M
EBIT Margin	+4.6%	+4.4%	+10.6%	+6.2%	+4.0%
EBITDA	257.99M	255.81M	542.13M	345.19M	253.52M
EBITDA Margin	+4.9%	+5.3%	+11.5%	+7.3%	+5.9%
EBT Excluding Unusual Items	220.38M	211.90M	499.99M	294.36M	161.62M
Pretax Income	220.38M	211.90M	499.99M	294.36M	197.86M
Opinc Insurance	240.93M	211.90M	499.99M	294.36M	171.19M
Operating Margin	+4.6%	+4.4%	+10.6%	+6.2%	+4.0%
Profit Margin	+3.8%	+3.6%	+9.9%	+5.6%	+3.9%
Net Income	200.75M	173.26M	467.42M	261.69M	167.96M
Net Income to Common	200.75M	173.26M	467.42M	261.69M	167.96M
Net Income Growth	+19.5%	-12.3%	+1.7%	+33.0%	+87.0%
Income Tax Expense	19.63M	38.64M	32.57M	32.67M	29.89M
Effective Tax Rate	+8.9%	+18.2%	+6.5%	+11.1%	+15.1%
Per Share & Capital
EPS (Basic)	1.34	1.16	3.13	1.74	1.12
EPS (Diluted)	1.32	1.16	3.13	1.74	1.12
EPS Growth	+18.8%	-12.1%	+2.0%	+33.0%	+86.2%
Dividend Per Share	—	—	—	—	1.50
Shares Change (YoY)	0.01	-0	-0	0	0
Shares Outstanding (Basic)	149.54M	149.54M	149.44M	149.99M	149.65M
Shares Outstanding (Diluted)	150.97M	149.54M	149.44M	149.99M	150.14M
Dividend Growth	—	—	—	—	+50.0%
Free Cash Flow	0.33B	0.33B	-0.06B	-0.53B	1.16B
Free Cash Flow Margin	+6.3%	+6.8%	-1.3%	-11.1%	+27.1%
Free Cash Flow Per Share	2.17	2.19	-0.41	-3.50	7.76
Payout Ratio	—	—	+48.6%	—	—
Supplemental
Total Interest Dividend Income	-11.70M	-46.72M	-11.96M	-28.31M	-16.96M