SALAMA

SALAMA Cooperative Insurance Co.

8050StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	582.12M	701.61M	829.19M	620.04M	419.82M
Operating Expenses	672.16M	672.99M	773.89M	655.91M	526.23M
Pretax Income	-90.04M	28.62M	55.30M	-35.87M	-106.41M
Income Tax	1.52M	-1.50M	4.00M	3.00M	6.00M
Net Income	-91.56M	30.12M	51.30M	-38.87M	-112.41M
Premium Revenue	558.38M	678.48M	802.29M	598.35M	392.64M
Policy Benefits	567.52M	575.92M	663.87M	636.36M	353.38M
Policy Cost	103.82M	105.99M	130.18M	—	65.86M
EPS (Basic)	-3.05	1.23	3.25	-3.89	-11.24
EPS (Diluted)	-3.05	1.23	3.25	-3.89	-11.24
Margins & Efficiency
Net Margin %	-15.7%	+4.3%	+6.2%	-6.3%	-26.8%
Revenue & Income
Revenue as Reported	—	—	—	—	-408.44M
Revenue Growth (YoY)	-17.0%	-15.4%	+33.7%	+47.7%	+1.5%
Revenue Insurance	582.12M	701.61M	829.19M	620.04M	419.82M
Premiums Annuity Rev	558.38M	678.48M	802.29M	598.35M	392.64M
Other Revenue Insurance	26.72M	26.84M	23.35M	15.00M	16.68M
Gain Investment Rev Insurance	0.21M	-0.48M	5.55M	6.02M	8.95M
Expenses & Provisions
SG&A Insurance	—	—	—	—	94.89M
Other Opex Insurance	0.96M	-8.96M	-20.33M	19.87M	5.09M
Total Opex Insurance	672.16M	672.99M	773.89M	655.91M	526.23M
Policy Benefits	567.52M	575.92M	663.87M	636.36M	353.38M
Policy Cost	103.82M	105.99M	130.18M	—	65.86M
Provision for Bad Debts	-0.13M	0.05M	0.17M	-0.32M	7.02M
D&A For EBITDA	2.49M	1.90M	2.31M	2.93M	3.54M
Deferred Policy Acquisition Cost	—	—	—	—	27.71M
Profitability & Returns
EBIT	-90.04M	28.62M	55.30M	-35.87M	-106.41M
EBIT Margin	-15.5%	+4.1%	+6.7%	-5.8%	-25.3%
EBITDA	-87.56M	30.52M	57.61M	-32.93M	-102.87M
EBITDA Margin	-15.0%	+4.4%	+6.9%	-5.3%	-24.5%
Pretax Income	-90.04M	28.62M	55.30M	-35.87M	-106.41M
Opinc Insurance	-90.04M	28.62M	55.30M	-35.87M	-106.41M
Operating Margin	-15.5%	+4.1%	+6.7%	-5.8%	-25.3%
Profit Margin	-15.7%	+4.3%	+6.2%	-6.3%	-26.8%
Net Income	-91.56M	30.12M	51.30M	-38.87M	-112.41M
Net Income to Common	-91.56M	30.12M	51.30M	-38.87M	-112.41M
Net Income Growth	—	-41.3%	—	—	—
Income Tax Expense	1.52M	-1.50M	4.00M	3.00M	6.00M
Effective Tax Rate	—	—	+7.2%	—	—
Per Share & Capital
EPS (Basic)	-3.05	1.23	3.25	-3.89	-11.24
EPS (Diluted)	-3.05	1.23	3.25	-3.89	-11.24
EPS Growth	—	-62.3%	—	—	—
Shares Change (YoY)	0.22	0.56	0.58	—	—
Shares Outstanding (Basic)	30.00M	24.57M	15.79M	10.00M	10.00M
Shares Outstanding (Diluted)	30.00M	24.57M	15.79M	10.00M	10.00M
Free Cash Flow	-3.21M	-155.71M	51.49M	65.73M	-94.85M
Free Cash Flow Margin	-0.6%	-22.2%	+6.2%	+10.6%	-22.6%
Free Cash Flow Per Share	-0.11	-6.34	3.26	6.57	-9.48
Supplemental
Total Interest Dividend Income	-3.19M	-3.22M	-1.99M	0.67M	1.55M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	582.12M	701.61M	829.19M	620.04M	419.82M
Operating Expenses	672.16M	672.99M	773.89M	655.91M	526.23M
Pretax Income	-90.04M	28.62M	55.30M	-35.87M	-106.41M
Income Tax	1.52M	-1.50M	4.00M	3.00M	6.00M
Net Income	-91.56M	30.12M	51.30M	-38.87M	-112.41M
Premium Revenue	558.38M	678.48M	802.29M	598.35M	392.64M
Policy Benefits	567.52M	575.92M	663.87M	636.36M	353.38M
Policy Cost	103.82M	105.99M	130.18M	—	65.86M
EPS (Basic)	-3.05	1.23	3.25	-3.89	-11.24
EPS (Diluted)	-3.05	1.23	3.25	-3.89	-11.24
Margins & Efficiency
Net Margin %	-15.7%	+4.3%	+6.2%	-6.3%	-26.8%
Revenue & Income
Revenue as Reported	—	—	—	—	-408.44M
Revenue Growth (YoY)	-17.0%	-15.4%	+33.7%	+47.7%	+1.5%
Revenue Insurance	582.12M	701.61M	829.19M	620.04M	419.82M
Premiums Annuity Rev	558.38M	678.48M	802.29M	598.35M	392.64M
Other Revenue Insurance	26.72M	26.84M	23.35M	15.00M	16.68M
Gain Investment Rev Insurance	0.21M	-0.48M	5.55M	6.02M	8.95M
Expenses & Provisions
SG&A Insurance	—	—	—	—	94.89M
Other Opex Insurance	0.96M	-8.96M	-20.33M	19.87M	5.09M
Total Opex Insurance	672.16M	672.99M	773.89M	655.91M	526.23M
Policy Benefits	567.52M	575.92M	663.87M	636.36M	353.38M
Policy Cost	103.82M	105.99M	130.18M	—	65.86M
Provision for Bad Debts	-0.13M	0.05M	0.17M	-0.32M	7.02M
D&A For EBITDA	2.49M	1.90M	2.31M	2.93M	3.54M
Deferred Policy Acquisition Cost	—	—	—	—	27.71M
Profitability & Returns
EBIT	-90.04M	28.62M	55.30M	-35.87M	-106.41M
EBIT Margin	-15.5%	+4.1%	+6.7%	-5.8%	-25.3%
EBITDA	-87.56M	30.52M	57.61M	-32.93M	-102.87M
EBITDA Margin	-15.0%	+4.4%	+6.9%	-5.3%	-24.5%
Pretax Income	-90.04M	28.62M	55.30M	-35.87M	-106.41M
Opinc Insurance	-90.04M	28.62M	55.30M	-35.87M	-106.41M
Operating Margin	-15.5%	+4.1%	+6.7%	-5.8%	-25.3%
Profit Margin	-15.7%	+4.3%	+6.2%	-6.3%	-26.8%
Net Income	-91.56M	30.12M	51.30M	-38.87M	-112.41M
Net Income to Common	-91.56M	30.12M	51.30M	-38.87M	-112.41M
Net Income Growth	—	-41.3%	—	—	—
Income Tax Expense	1.52M	-1.50M	4.00M	3.00M	6.00M
Effective Tax Rate	—	—	+7.2%	—	—
Per Share & Capital
EPS (Basic)	-3.05	1.23	3.25	-3.89	-11.24
EPS (Diluted)	-3.05	1.23	3.25	-3.89	-11.24
EPS Growth	—	-62.3%	—	—	—
Shares Change (YoY)	0.22	0.56	0.58	—	—
Shares Outstanding (Basic)	30.00M	24.57M	15.79M	10.00M	10.00M
Shares Outstanding (Diluted)	30.00M	24.57M	15.79M	10.00M	10.00M
Free Cash Flow	-3.21M	-155.71M	51.49M	65.73M	-94.85M
Free Cash Flow Margin	-0.6%	-22.2%	+6.2%	+10.6%	-22.6%
Free Cash Flow Per Share	-0.11	-6.34	3.26	6.57	-9.48
Supplemental
Total Interest Dividend Income	-3.19M	-3.22M	-1.99M	0.67M	1.55M