GULF UNION ALAHLIA

Gulf Union Alahlia Cooperative Insurance Co.

8120StocksTadawulInsurance

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	788.37M	657.38M	514.97M	609.08M	490.77M
Operating Expenses	736.38M	529.81M	531.00M	747.64M	526.26M
Pretax Income	51.55M	127.04M	-16.30M	-139.19M	-39.36M
Income Tax	7.91M	2.00M	2.00M	2.00M	6.21M
Net Income	43.65M	125.04M	-18.30M	-141.19M	-45.58M
Premium Revenue	748.00M	579.49M	484.43M	559.52M	443.55M
Policy Benefits	564.68M	370.47M	388.22M	571.08M	374.16M
Policy Cost	152.48M	130.99M	107.84M	58.47M	43.69M
EPS (Basic)	0.95	2.72	-0.47	-6.15	-2.93
EPS (Diluted)	0.95	2.72	-0.47	-6.15	-2.93
Margins & Efficiency
Net Margin %	+5.5%	+19.0%	-3.6%	-23.2%	-9.3%
Revenue & Income
Revenue Growth (YoY)	+19.9%	+27.7%	-15.5%	+24.1%	+28.4%
Revenue Insurance	788.37M	657.38M	514.97M	609.08M	490.77M
Premiums Annuity Rev	748.00M	579.49M	484.43M	559.52M	443.55M
Other Revenue Insurance	8.29M	35.73M	14.96M	31.80M	34.94M
Gain Investment Rev Insurance	-1.06M	12.13M	-9.99M	—	—
Expenses & Provisions
SG&A Insurance	3.06M	2.74M	1.92M	113.59M	98.45M
Other Opex Insurance	16.17M	25.61M	33.02M	1.87M	1.00M
Total Opex Insurance	736.38M	529.81M	531.00M	747.64M	526.26M
Interest Expense	-432.74K	-532.08K	-267.98K	-624.89K	-675.14K
Policy Benefits	564.68M	370.47M	388.22M	571.08M	374.16M
Policy Cost	152.48M	130.99M	107.84M	58.47M	43.69M
Provision for Bad Debts	—	—	—	2.63M	8.95M
Merger & Restructuring Charges	—	—	—	—	-3.20M
D&A For EBITDA	7.88M	7.67M	7.34M	8.49M	1.39M
Deferred Policy Acquisition Cost	—	—	—	17.23M	29.47M
Profitability & Returns
EBIT	51.98M	127.57M	-16.03M	-138.56M	-35.49M
EBIT Margin	+6.6%	+19.4%	-3.1%	-22.8%	-7.2%
EBITDA	59.87M	135.24M	-8.69M	-130.08M	-34.10M
EBITDA Margin	+7.6%	+20.6%	-1.7%	-21.4%	-6.9%
EBT Excluding Unusual Items	51.55M	127.04M	-16.30M	-139.19M	-36.16M
Pretax Income	51.55M	127.04M	-16.30M	-139.19M	-39.36M
Opinc Insurance	51.98M	127.57M	-16.03M	-138.56M	-35.49M
Operating Margin	+6.6%	+19.4%	-3.1%	-22.8%	-7.2%
Profit Margin	+5.5%	+19.0%	-3.6%	-23.2%	-9.3%
Net Income	43.65M	125.04M	-18.30M	-141.19M	-45.58M
Net Income to Common	43.65M	125.04M	-18.30M	-141.19M	-45.58M
Net Income Growth	-65.1%	—	—	—	—
Income Tax Expense	7.91M	2.00M	2.00M	2.00M	6.21M
Effective Tax Rate	+15.3%	+1.6%	—	—	—
Per Share & Capital
EPS (Basic)	0.95	2.72	-0.47	-6.15	-2.93
EPS (Diluted)	0.95	2.72	-0.47	-6.15	-2.93
EPS Growth	-65.1%	—	—	—	—
Shares Change (YoY)	—	0.19	0.68	0.47	0.04
Shares Outstanding (Basic)	45.89M	45.89M	38.54M	22.95M	15.57M
Shares Outstanding (Diluted)	45.89M	45.89M	38.54M	22.95M	15.57M
Free Cash Flow	62.85M	135.47M	-72.46M	-159.33M	15.22M
Free Cash Flow Margin	+8.0%	+20.6%	-14.1%	-26.2%	+3.1%
Free Cash Flow Per Share	1.37	2.95	-1.88	-6.94	0.98
Supplemental
Total Interest Dividend Income	33.14M	30.03M	25.57M	17.76M	12.27M

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	788.37M	657.38M	514.97M	609.08M	490.77M
Operating Expenses	736.38M	529.81M	531.00M	747.64M	526.26M
Pretax Income	51.55M	127.04M	-16.30M	-139.19M	-39.36M
Income Tax	7.91M	2.00M	2.00M	2.00M	6.21M
Net Income	43.65M	125.04M	-18.30M	-141.19M	-45.58M
Premium Revenue	748.00M	579.49M	484.43M	559.52M	443.55M
Policy Benefits	564.68M	370.47M	388.22M	571.08M	374.16M
Policy Cost	152.48M	130.99M	107.84M	58.47M	43.69M
EPS (Basic)	0.95	2.72	-0.47	-6.15	-2.93
EPS (Diluted)	0.95	2.72	-0.47	-6.15	-2.93
Margins & Efficiency
Net Margin %	+5.5%	+19.0%	-3.6%	-23.2%	-9.3%
Revenue & Income
Revenue Growth (YoY)	+19.9%	+27.7%	-15.5%	+24.1%	+28.4%
Revenue Insurance	788.37M	657.38M	514.97M	609.08M	490.77M
Premiums Annuity Rev	748.00M	579.49M	484.43M	559.52M	443.55M
Other Revenue Insurance	8.29M	35.73M	14.96M	31.80M	34.94M
Gain Investment Rev Insurance	-1.06M	12.13M	-9.99M	—	—
Expenses & Provisions
SG&A Insurance	3.06M	2.74M	1.92M	113.59M	98.45M
Other Opex Insurance	16.17M	25.61M	33.02M	1.87M	1.00M
Total Opex Insurance	736.38M	529.81M	531.00M	747.64M	526.26M
Interest Expense	-432.74K	-532.08K	-267.98K	-624.89K	-675.14K
Policy Benefits	564.68M	370.47M	388.22M	571.08M	374.16M
Policy Cost	152.48M	130.99M	107.84M	58.47M	43.69M
Provision for Bad Debts	—	—	—	2.63M	8.95M
Merger & Restructuring Charges	—	—	—	—	-3.20M
D&A For EBITDA	7.88M	7.67M	7.34M	8.49M	1.39M
Deferred Policy Acquisition Cost	—	—	—	17.23M	29.47M
Profitability & Returns
EBIT	51.98M	127.57M	-16.03M	-138.56M	-35.49M
EBIT Margin	+6.6%	+19.4%	-3.1%	-22.8%	-7.2%
EBITDA	59.87M	135.24M	-8.69M	-130.08M	-34.10M
EBITDA Margin	+7.6%	+20.6%	-1.7%	-21.4%	-6.9%
EBT Excluding Unusual Items	51.55M	127.04M	-16.30M	-139.19M	-36.16M
Pretax Income	51.55M	127.04M	-16.30M	-139.19M	-39.36M
Opinc Insurance	51.98M	127.57M	-16.03M	-138.56M	-35.49M
Operating Margin	+6.6%	+19.4%	-3.1%	-22.8%	-7.2%
Profit Margin	+5.5%	+19.0%	-3.6%	-23.2%	-9.3%
Net Income	43.65M	125.04M	-18.30M	-141.19M	-45.58M
Net Income to Common	43.65M	125.04M	-18.30M	-141.19M	-45.58M
Net Income Growth	-65.1%	—	—	—	—
Income Tax Expense	7.91M	2.00M	2.00M	2.00M	6.21M
Effective Tax Rate	+15.3%	+1.6%	—	—	—
Per Share & Capital
EPS (Basic)	0.95	2.72	-0.47	-6.15	-2.93
EPS (Diluted)	0.95	2.72	-0.47	-6.15	-2.93
EPS Growth	-65.1%	—	—	—	—
Shares Change (YoY)	—	0.19	0.68	0.47	0.04
Shares Outstanding (Basic)	45.89M	45.89M	38.54M	22.95M	15.57M
Shares Outstanding (Diluted)	45.89M	45.89M	38.54M	22.95M	15.57M
Free Cash Flow	62.85M	135.47M	-72.46M	-159.33M	15.22M
Free Cash Flow Margin	+8.0%	+20.6%	-14.1%	-26.2%	+3.1%
Free Cash Flow Per Share	1.37	2.95	-1.88	-6.94	0.98
Supplemental
Total Interest Dividend Income	33.14M	30.03M	25.57M	17.76M	12.27M