JAZIRA TAKAFUL

AlJazira Takaful Taawuni Co.

8012StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	305.74M	267.75M	249.67M	199.33M	95.10M
Operating Expenses	262.40M	199.84M	209.22M	177.37M	55.11M
Pretax Income	43.34M	67.91M	40.45M	21.96M	39.99M
Income Tax	6.14M	23.65M	1.93M	0.54M	1.23M
Net Income	37.20M	44.25M	38.52M	21.42M	38.76M
Premium Revenue	268.97M	232.46M	220.58M	163.18M	59.81M
Policy Benefits	191.50M	159.82M	200.55M	94.96M	3.94M
Policy Cost	36.51M	31.58M	—	14.32M	10.05M
EPS (Basic)	0.56	0.67	0.58	0.34	0.79
EPS (Diluted)	0.56	0.67	0.58	0.34	0.79
DPS	0.30	0.30	—	—	—
Margins & Efficiency
Net Margin %	+12.2%	+16.5%	+15.4%	+10.7%	+40.8%
Revenue & Income
Revenue Growth (YoY)	+14.2%	+7.2%	+25.3%	+109.6%	+66.2%
Revenue Insurance	305.74M	267.75M	249.67M	199.33M	95.10M
Premiums Annuity Rev	268.97M	232.46M	220.58M	163.18M	59.81M
Other Revenue Insurance	22.92M	26.62M	23.58M	33.02M	32.46M
Gain Investment Rev Insurance	179.67M	326.82M	-192.13M	2.97M	2.62M
Expenses & Provisions
SG&A Insurance	—	—	—	67.65M	45.08M
Other Opex Insurance	34.38M	8.44M	8.66M	-5.73M	-3.92M
Total Opex Insurance	262.40M	199.84M	209.22M	177.37M	55.11M
Policy Benefits	191.50M	159.82M	200.55M	94.96M	3.94M
Policy Cost	36.51M	31.58M	—	14.32M	10.05M
Provision for Bad Debts	—	—	—	6.18M	-0.04M
D&A For EBITDA	2.23M	1.92M	4.72M	4.85M	0.28M
Deferred Policy Acquisition Cost	—	—	—	2.69M	—
Profitability & Returns
EBIT	43.34M	67.91M	40.45M	21.96M	39.99M
EBIT Margin	+14.2%	+25.4%	+16.2%	+11.0%	+42.0%
EBITDA	45.58M	69.83M	45.17M	26.81M	40.27M
EBITDA Margin	+14.9%	+26.1%	+18.1%	+13.5%	+42.3%
Pretax Income	43.34M	67.91M	40.45M	21.96M	39.99M
Opinc Insurance	43.34M	67.91M	40.45M	21.96M	39.99M
Operating Margin	+14.2%	+25.4%	+16.2%	+11.0%	+42.0%
Profit Margin	+12.2%	+16.5%	+15.4%	+10.7%	+40.8%
Net Income	37.20M	44.25M	38.52M	21.42M	38.76M
Net Income to Common	37.20M	44.25M	38.52M	21.42M	38.76M
Net Income Growth	-15.9%	+14.9%	+79.8%	-44.7%	+5.6%
Income Tax Expense	6.14M	23.65M	1.93M	0.54M	1.23M
Effective Tax Rate	+14.2%	+34.8%	+4.8%	+2.5%	+3.1%
Per Share & Capital
EPS (Basic)	0.56	0.67	0.58	0.34	0.79
EPS (Diluted)	0.56	0.67	0.58	0.34	0.79
EPS Growth	-15.9%	+14.9%	+72.1%	-57.1%	+5.6%
Dividend Per Share	0.30	0.30	—	—	—
Shares Change (YoY)	—	—	0.04	0.29	-0
Shares Outstanding (Basic)	66.00M	66.00M	66.00M	63.18M	49.08M
Shares Outstanding (Diluted)	66.00M	66.00M	66.00M	63.18M	49.08M
Free Cash Flow	67.55M	-10.72M	144.53M	-104.28M	111.67M
Free Cash Flow Margin	+22.1%	-4.0%	+57.9%	-52.3%	+117.4%
Free Cash Flow Per Share	1.02	-0.16	2.19	-1.65	2.28
Payout Ratio	+53.2%	—	—	—	—
Supplemental
Total Interest Dividend Income	-165.82M	-318.15M	197.64M	0.16M	0.22M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	305.74M	267.75M	249.67M	199.33M	95.10M
Operating Expenses	262.40M	199.84M	209.22M	177.37M	55.11M
Pretax Income	43.34M	67.91M	40.45M	21.96M	39.99M
Income Tax	6.14M	23.65M	1.93M	0.54M	1.23M
Net Income	37.20M	44.25M	38.52M	21.42M	38.76M
Premium Revenue	268.97M	232.46M	220.58M	163.18M	59.81M
Policy Benefits	191.50M	159.82M	200.55M	94.96M	3.94M
Policy Cost	36.51M	31.58M	—	14.32M	10.05M
EPS (Basic)	0.56	0.67	0.58	0.34	0.79
EPS (Diluted)	0.56	0.67	0.58	0.34	0.79
DPS	0.30	0.30	—	—	—
Margins & Efficiency
Net Margin %	+12.2%	+16.5%	+15.4%	+10.7%	+40.8%
Revenue & Income
Revenue Growth (YoY)	+14.2%	+7.2%	+25.3%	+109.6%	+66.2%
Revenue Insurance	305.74M	267.75M	249.67M	199.33M	95.10M
Premiums Annuity Rev	268.97M	232.46M	220.58M	163.18M	59.81M
Other Revenue Insurance	22.92M	26.62M	23.58M	33.02M	32.46M
Gain Investment Rev Insurance	179.67M	326.82M	-192.13M	2.97M	2.62M
Expenses & Provisions
SG&A Insurance	—	—	—	67.65M	45.08M
Other Opex Insurance	34.38M	8.44M	8.66M	-5.73M	-3.92M
Total Opex Insurance	262.40M	199.84M	209.22M	177.37M	55.11M
Policy Benefits	191.50M	159.82M	200.55M	94.96M	3.94M
Policy Cost	36.51M	31.58M	—	14.32M	10.05M
Provision for Bad Debts	—	—	—	6.18M	-0.04M
D&A For EBITDA	2.23M	1.92M	4.72M	4.85M	0.28M
Deferred Policy Acquisition Cost	—	—	—	2.69M	—
Profitability & Returns
EBIT	43.34M	67.91M	40.45M	21.96M	39.99M
EBIT Margin	+14.2%	+25.4%	+16.2%	+11.0%	+42.0%
EBITDA	45.58M	69.83M	45.17M	26.81M	40.27M
EBITDA Margin	+14.9%	+26.1%	+18.1%	+13.5%	+42.3%
Pretax Income	43.34M	67.91M	40.45M	21.96M	39.99M
Opinc Insurance	43.34M	67.91M	40.45M	21.96M	39.99M
Operating Margin	+14.2%	+25.4%	+16.2%	+11.0%	+42.0%
Profit Margin	+12.2%	+16.5%	+15.4%	+10.7%	+40.8%
Net Income	37.20M	44.25M	38.52M	21.42M	38.76M
Net Income to Common	37.20M	44.25M	38.52M	21.42M	38.76M
Net Income Growth	-15.9%	+14.9%	+79.8%	-44.7%	+5.6%
Income Tax Expense	6.14M	23.65M	1.93M	0.54M	1.23M
Effective Tax Rate	+14.2%	+34.8%	+4.8%	+2.5%	+3.1%
Per Share & Capital
EPS (Basic)	0.56	0.67	0.58	0.34	0.79
EPS (Diluted)	0.56	0.67	0.58	0.34	0.79
EPS Growth	-15.9%	+14.9%	+72.1%	-57.1%	+5.6%
Dividend Per Share	0.30	0.30	—	—	—
Shares Change (YoY)	—	—	0.04	0.29	-0
Shares Outstanding (Basic)	66.00M	66.00M	66.00M	63.18M	49.08M
Shares Outstanding (Diluted)	66.00M	66.00M	66.00M	63.18M	49.08M
Free Cash Flow	67.55M	-10.72M	144.53M	-104.28M	111.67M
Free Cash Flow Margin	+22.1%	-4.0%	+57.9%	-52.3%	+117.4%
Free Cash Flow Per Share	1.02	-0.16	2.19	-1.65	2.28
Payout Ratio	+53.2%	—	—	—	—
Supplemental
Total Interest Dividend Income	-165.82M	-318.15M	197.64M	0.16M	0.22M