SAICO

Saudi Arabian Cooperative Insurance Co.

8100StocksTadawulInsurance

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	741.43M	704.15M	820.51M	689.56M	607.99M
Operating Expenses	717.07M	650.17M	742.18M	753.35M	663.53M
Pretax Income	28.43M	53.99M	78.33M	-54.41M	-55.54M
Income Tax	6.25M	4.67M	7.24M	7.24M	7.10M
Net Income	22.18M	49.32M	71.10M	-61.65M	-62.63M
Premium Revenue	724.90M	679.46M	781.48M	667.94M	567.04M
Policy Benefits	708.20M	635.19M	729.73M	745.79M	463.48M
Policy Cost	—	—	—	—	61.09M
EPS (Basic)	0.74	1.64	2.37	-2.05	-2.09
EPS (Diluted)	0.74	1.64	2.37	-2.05	-2.09
Margins & Efficiency
Net Margin %	+3.0%	+7.0%	+8.7%	-8.9%	-10.3%
Revenue & Income
Revenue Growth (YoY)	+5.3%	-14.2%	+19.0%	+13.4%	+4.5%
Revenue Insurance	741.43M	704.15M	820.51M	689.56M	607.99M
Premiums Annuity Rev	724.90M	679.46M	781.48M	667.94M	567.04M
Other Revenue Insurance	-8.42M	1.45M	20.64M	—	27.35M
Gain Investment Rev Insurance	-4.46M	0.28M	0.34M	15.00M	2.11M
Expenses & Provisions
SG&A Insurance	—	—	—	7.56M	129.61M
Other Opex Insurance	8.87M	14.98M	12.45M	—	—
Total Opex Insurance	717.07M	650.17M	742.18M	753.35M	663.53M
Other Non Operating Income (Expenses)	4.07M	—	—	9.38M	—
Policy Benefits	708.20M	635.19M	729.73M	745.79M	463.48M
Policy Cost	—	—	—	—	61.09M
Provision for Bad Debts	—	—	—	—	9.34M
D&A For EBITDA	5.63M	8.20M	3.59M	2.65M	3.14M
Deferred Policy Acquisition Cost	—	—	—	—	23.09M
Profitability & Returns
EBIT	24.36M	53.99M	78.33M	-63.79M	-55.54M
EBIT Margin	+3.3%	+7.7%	+9.5%	-9.3%	-9.1%
EBITDA	29.99M	62.19M	81.92M	-61.14M	-52.40M
EBITDA Margin	+4.0%	+8.8%	+10.0%	-8.9%	-8.6%
Pretax Income	28.43M	53.99M	78.33M	-54.41M	-55.54M
Opinc Insurance	24.36M	53.99M	78.33M	-63.79M	-55.54M
Operating Margin	+3.3%	+7.7%	+9.5%	-9.3%	-9.1%
Profit Margin	+3.0%	+7.0%	+8.7%	-8.9%	-10.3%
Net Income	22.18M	49.32M	71.10M	-61.65M	-62.63M
Net Income to Common	22.18M	49.32M	71.10M	-61.65M	-62.63M
Net Income Growth	-55.0%	-30.6%	—	—	—
Income Tax Expense	6.25M	4.67M	7.24M	7.24M	7.10M
Effective Tax Rate	+22.0%	+8.6%	+9.2%	—	—
Per Share & Capital
EPS (Basic)	0.74	1.64	2.37	-2.05	-2.09
EPS (Diluted)	0.74	1.64	2.37	-2.05	-2.09
EPS Growth	-55.0%	-30.6%	—	—	—
Shares Outstanding (Basic)	30.00M	30.00M	30.00M	30.00M	30.00M
Shares Outstanding (Diluted)	30.00M	30.00M	30.00M	30.00M	30.00M
Free Cash Flow	9.95M	174.97M	-9.16M	-5.00M	-41.34M
Free Cash Flow Margin	+1.3%	+24.8%	-1.1%	-0.7%	-6.8%
Free Cash Flow Per Share	0.33	5.83	-0.31	-0.17	-1.38
Supplemental
Total Interest Dividend Income	29.41M	22.96M	18.06M	6.62M	11.48M

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	741.43M	704.15M	820.51M	689.56M	607.99M
Operating Expenses	717.07M	650.17M	742.18M	753.35M	663.53M
Pretax Income	28.43M	53.99M	78.33M	-54.41M	-55.54M
Income Tax	6.25M	4.67M	7.24M	7.24M	7.10M
Net Income	22.18M	49.32M	71.10M	-61.65M	-62.63M
Premium Revenue	724.90M	679.46M	781.48M	667.94M	567.04M
Policy Benefits	708.20M	635.19M	729.73M	745.79M	463.48M
Policy Cost	—	—	—	—	61.09M
EPS (Basic)	0.74	1.64	2.37	-2.05	-2.09
EPS (Diluted)	0.74	1.64	2.37	-2.05	-2.09
Margins & Efficiency
Net Margin %	+3.0%	+7.0%	+8.7%	-8.9%	-10.3%
Revenue & Income
Revenue Growth (YoY)	+5.3%	-14.2%	+19.0%	+13.4%	+4.5%
Revenue Insurance	741.43M	704.15M	820.51M	689.56M	607.99M
Premiums Annuity Rev	724.90M	679.46M	781.48M	667.94M	567.04M
Other Revenue Insurance	-8.42M	1.45M	20.64M	—	27.35M
Gain Investment Rev Insurance	-4.46M	0.28M	0.34M	15.00M	2.11M
Expenses & Provisions
SG&A Insurance	—	—	—	7.56M	129.61M
Other Opex Insurance	8.87M	14.98M	12.45M	—	—
Total Opex Insurance	717.07M	650.17M	742.18M	753.35M	663.53M
Other Non Operating Income (Expenses)	4.07M	—	—	9.38M	—
Policy Benefits	708.20M	635.19M	729.73M	745.79M	463.48M
Policy Cost	—	—	—	—	61.09M
Provision for Bad Debts	—	—	—	—	9.34M
D&A For EBITDA	5.63M	8.20M	3.59M	2.65M	3.14M
Deferred Policy Acquisition Cost	—	—	—	—	23.09M
Profitability & Returns
EBIT	24.36M	53.99M	78.33M	-63.79M	-55.54M
EBIT Margin	+3.3%	+7.7%	+9.5%	-9.3%	-9.1%
EBITDA	29.99M	62.19M	81.92M	-61.14M	-52.40M
EBITDA Margin	+4.0%	+8.8%	+10.0%	-8.9%	-8.6%
Pretax Income	28.43M	53.99M	78.33M	-54.41M	-55.54M
Opinc Insurance	24.36M	53.99M	78.33M	-63.79M	-55.54M
Operating Margin	+3.3%	+7.7%	+9.5%	-9.3%	-9.1%
Profit Margin	+3.0%	+7.0%	+8.7%	-8.9%	-10.3%
Net Income	22.18M	49.32M	71.10M	-61.65M	-62.63M
Net Income to Common	22.18M	49.32M	71.10M	-61.65M	-62.63M
Net Income Growth	-55.0%	-30.6%	—	—	—
Income Tax Expense	6.25M	4.67M	7.24M	7.24M	7.10M
Effective Tax Rate	+22.0%	+8.6%	+9.2%	—	—
Per Share & Capital
EPS (Basic)	0.74	1.64	2.37	-2.05	-2.09
EPS (Diluted)	0.74	1.64	2.37	-2.05	-2.09
EPS Growth	-55.0%	-30.6%	—	—	—
Shares Outstanding (Basic)	30.00M	30.00M	30.00M	30.00M	30.00M
Shares Outstanding (Diluted)	30.00M	30.00M	30.00M	30.00M	30.00M
Free Cash Flow	9.95M	174.97M	-9.16M	-5.00M	-41.34M
Free Cash Flow Margin	+1.3%	+24.8%	-1.1%	-0.7%	-6.8%
Free Cash Flow Per Share	0.33	5.83	-0.31	-0.17	-1.38
Supplemental
Total Interest Dividend Income	29.41M	22.96M	18.06M	6.62M	11.48M