MUTAKAMELA

Mutakamela Insurance Company

8040StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	539.36M	642.17M	619.50M	453.52M	437.76M
Operating Expenses	521.11M	615.10M	565.59M	434.41M	474.32M
Pretax Income	17.58M	26.48M	49.22M	16.69M	16.49M
Income Tax	10.17M	11.31M	12.23M	8.12M	10.87M
Net Income	7.41M	15.17M	36.99M	8.58M	5.62M
Premium Revenue	505.37M	588.29M	576.72M	432.27M	417.85M
Policy Benefits	493.77M	580.12M	546.51M	412.34M	308.63M
Policy Cost	—	—	—	—	37.67M
EPS (Basic)	0.13	0.26	0.62	0.14	0.09
EPS (Diluted)	0.13	0.26	0.62	0.14	0.09
Margins & Efficiency
Net Margin %	+1.4%	+2.4%	+6.0%	+1.9%	+1.3%
Revenue & Income
Revenue Growth (YoY)	-16.0%	+3.7%	+36.6%	+3.6%	-19.4%
Revenue Insurance	539.36M	642.17M	619.50M	453.52M	437.76M
Premiums Annuity Rev	505.37M	588.29M	576.72M	432.27M	417.85M
Other Revenue Insurance	-1.12M	9.79M	4.52M	4.03M	4.87M
Gain (Loss) on Sale of Investments	—	—	—	—	45.31M
Expenses & Provisions
SG&A Insurance	22.93M	25.32M	12.80M	14.26M	122.91M
Other Opex Insurance	3.16M	2.44M	1.48M	2.87M	0.87M
Total Opex Insurance	521.11M	615.10M	565.59M	434.41M	474.32M
Other Non Operating Income (Expenses)	-0.67M	-0.59M	-4.68M	-2.42M	7.74M
Policy Benefits	493.77M	580.12M	546.51M	412.34M	308.63M
Policy Cost	—	—	—	—	37.67M
Provision for Bad Debts	—	—	—	—	4.25M
D&A For EBITDA	4.01M	4.47M	3.99M	3.84M	3.86M
Da Suppl Insurance	1.20M	1.23M	1.20M	1.15M	—
Deferred Policy Acquisition Cost	—	—	—	—	20.75M
Profitability & Returns
EBIT	18.25M	27.07M	53.90M	19.11M	-36.56M
EBIT Margin	+3.4%	+4.2%	+8.7%	+4.2%	-8.4%
EBITDA	22.26M	31.54M	57.90M	22.95M	-32.70M
EBITDA Margin	+4.1%	+4.9%	+9.3%	+5.1%	-7.5%
EBT Excluding Unusual Items	17.58M	26.48M	49.22M	16.69M	-28.82M
Pretax Income	17.58M	26.48M	49.22M	16.69M	16.49M
Opinc Insurance	18.25M	27.07M	53.90M	19.11M	-36.56M
Operating Margin	+3.4%	+4.2%	+8.7%	+4.2%	-8.4%
Profit Margin	+1.4%	+2.4%	+6.0%	+1.9%	+1.3%
Net Income	7.41M	15.17M	36.99M	8.58M	5.62M
Net Income to Common	7.41M	15.17M	36.99M	8.58M	5.62M
Net Income Growth	-51.2%	-59.0%	+331.3%	+52.6%	—
Income Tax Expense	10.17M	11.31M	12.23M	8.12M	10.87M
Effective Tax Rate	+57.9%	+42.7%	+24.9%	+48.6%	+65.9%
Per Share & Capital
EPS (Basic)	0.13	0.26	0.62	0.14	0.09
EPS (Diluted)	0.13	0.26	0.62	0.14	0.09
EPS Growth	-50.7%	-58.8%	+333.0%	+52.6%	—
Shares Change (YoY)	-0.01	-0.01	-0	—	0.86
Shares Outstanding (Basic)	58.88M	59.46M	59.77M	60.00M	60.00M
Shares Outstanding (Diluted)	58.88M	59.46M	59.77M	60.00M	60.00M
Free Cash Flow	-56.51M	-71.17M	138.94M	101.46M	-2.47M
Free Cash Flow Margin	-10.5%	-11.1%	+22.4%	+22.4%	-0.6%
Free Cash Flow Per Share	-0.96	-1.20	2.33	1.69	-0.04
Supplemental
Total Interest Dividend Income	35.11M	44.09M	38.27M	17.23M	15.04M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	539.36M	642.17M	619.50M	453.52M	437.76M
Operating Expenses	521.11M	615.10M	565.59M	434.41M	474.32M
Pretax Income	17.58M	26.48M	49.22M	16.69M	16.49M
Income Tax	10.17M	11.31M	12.23M	8.12M	10.87M
Net Income	7.41M	15.17M	36.99M	8.58M	5.62M
Premium Revenue	505.37M	588.29M	576.72M	432.27M	417.85M
Policy Benefits	493.77M	580.12M	546.51M	412.34M	308.63M
Policy Cost	—	—	—	—	37.67M
EPS (Basic)	0.13	0.26	0.62	0.14	0.09
EPS (Diluted)	0.13	0.26	0.62	0.14	0.09
Margins & Efficiency
Net Margin %	+1.4%	+2.4%	+6.0%	+1.9%	+1.3%
Revenue & Income
Revenue Growth (YoY)	-16.0%	+3.7%	+36.6%	+3.6%	-19.4%
Revenue Insurance	539.36M	642.17M	619.50M	453.52M	437.76M
Premiums Annuity Rev	505.37M	588.29M	576.72M	432.27M	417.85M
Other Revenue Insurance	-1.12M	9.79M	4.52M	4.03M	4.87M
Gain (Loss) on Sale of Investments	—	—	—	—	45.31M
Expenses & Provisions
SG&A Insurance	22.93M	25.32M	12.80M	14.26M	122.91M
Other Opex Insurance	3.16M	2.44M	1.48M	2.87M	0.87M
Total Opex Insurance	521.11M	615.10M	565.59M	434.41M	474.32M
Other Non Operating Income (Expenses)	-0.67M	-0.59M	-4.68M	-2.42M	7.74M
Policy Benefits	493.77M	580.12M	546.51M	412.34M	308.63M
Policy Cost	—	—	—	—	37.67M
Provision for Bad Debts	—	—	—	—	4.25M
D&A For EBITDA	4.01M	4.47M	3.99M	3.84M	3.86M
Da Suppl Insurance	1.20M	1.23M	1.20M	1.15M	—
Deferred Policy Acquisition Cost	—	—	—	—	20.75M
Profitability & Returns
EBIT	18.25M	27.07M	53.90M	19.11M	-36.56M
EBIT Margin	+3.4%	+4.2%	+8.7%	+4.2%	-8.4%
EBITDA	22.26M	31.54M	57.90M	22.95M	-32.70M
EBITDA Margin	+4.1%	+4.9%	+9.3%	+5.1%	-7.5%
EBT Excluding Unusual Items	17.58M	26.48M	49.22M	16.69M	-28.82M
Pretax Income	17.58M	26.48M	49.22M	16.69M	16.49M
Opinc Insurance	18.25M	27.07M	53.90M	19.11M	-36.56M
Operating Margin	+3.4%	+4.2%	+8.7%	+4.2%	-8.4%
Profit Margin	+1.4%	+2.4%	+6.0%	+1.9%	+1.3%
Net Income	7.41M	15.17M	36.99M	8.58M	5.62M
Net Income to Common	7.41M	15.17M	36.99M	8.58M	5.62M
Net Income Growth	-51.2%	-59.0%	+331.3%	+52.6%	—
Income Tax Expense	10.17M	11.31M	12.23M	8.12M	10.87M
Effective Tax Rate	+57.9%	+42.7%	+24.9%	+48.6%	+65.9%
Per Share & Capital
EPS (Basic)	0.13	0.26	0.62	0.14	0.09
EPS (Diluted)	0.13	0.26	0.62	0.14	0.09
EPS Growth	-50.7%	-58.8%	+333.0%	+52.6%	—
Shares Change (YoY)	-0.01	-0.01	-0	—	0.86
Shares Outstanding (Basic)	58.88M	59.46M	59.77M	60.00M	60.00M
Shares Outstanding (Diluted)	58.88M	59.46M	59.77M	60.00M	60.00M
Free Cash Flow	-56.51M	-71.17M	138.94M	101.46M	-2.47M
Free Cash Flow Margin	-10.5%	-11.1%	+22.4%	+22.4%	-0.6%
Free Cash Flow Per Share	-0.96	-1.20	2.33	1.69	-0.04
Supplemental
Total Interest Dividend Income	35.11M	44.09M	38.27M	17.23M	15.04M