ALETIHAD

Al-Etihad Cooperative Insurance Co.

8170StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	311.66M	222.81M	338.49M	321.90M	304.07M
Operating Expenses	348.18M	355.90M	370.96M	384.96M	314.49M
Pretax Income	-36.57M	-131.47M	-31.30M	-61.44M	-8.45M
Income Tax	3.00M	3.82M	2.25M	2.25M	3.47M
Net Income	-39.57M	-135.29M	-33.55M	-63.69M	-11.92M
Premium Revenue	301.44M	222.79M	325.66M	317.23M	288.32M
Policy Benefits	303.50M	164.89M	340.21M	330.42M	322.91M
Policy Cost	50.80M	213.40M	-3.83M	41.37M	38.73M
EPS (Basic)	-0.79	-2.71	-0.67	-1.27	-0.24
EPS (Diluted)	-0.79	-2.71	-0.67	-1.27	-0.24
Margins & Efficiency
Net Margin %	-12.7%	-60.7%	-9.9%	-19.8%	-3.9%
Revenue & Income
Revenue Growth (YoY)	+2.5%	+29.4%	-16.8%	-14.9%	-23.1%
Revenue Insurance	311.66M	222.81M	338.49M	321.90M	304.07M
Premiums Annuity Rev	301.44M	222.79M	325.66M	317.23M	288.32M
Interest & Investment Income	—	—	—	—	—
Other Revenue Insurance	—	—	—	—	—
Gain Investment Rev Insurance	1.41M	-11.35M	2.90M	-8.90M	4.96M
Expenses & Provisions
SG&A Insurance	—	3.31M	—	—	—
Other Opex Insurance	-6.12M	-29.44M	34.58M	13.18M	-47.15M
Total Opex Insurance	348.18M	355.90M	370.96M	384.96M	314.49M
Interest Expense	-37.00K	-40.00K	-52.00K	-51.00K	-76.00K
Other Non Operating Income (Expenses)	-0.01M	1.66M	1.23M	1.67M	2.04M
Policy Benefits	303.50M	164.89M	340.21M	330.42M	322.91M
Policy Cost	50.80M	213.40M	-3.83M	41.37M	38.73M
Provision for Bad Debts	—	—	—	—	—
D&A For EBITDA	1.57M	1.60M	1.64M	1.75M	1.34M
Da Suppl Insurance	—	368.00K	—	—	—
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	-36.52M	-133.09M	-32.47M	-63.06M	-10.42M
EBIT Margin	-11.7%	-59.7%	-9.6%	-19.6%	-3.4%
EBITDA	-34.95M	-131.49M	-30.84M	-61.31M	-9.08M
EBITDA Margin	-11.2%	-59.0%	-9.1%	-19.0%	-3.0%
Pretax Income	-36.57M	-131.47M	-31.30M	-61.44M	-8.45M
Opinc Insurance	-36.52M	-133.09M	-32.47M	-63.06M	-10.42M
Operating Margin	-11.7%	-59.7%	-9.6%	-19.6%	-3.4%
Profit Margin	-12.7%	-60.7%	-9.9%	-19.8%	-3.9%
Net Income	-39.57M	-135.29M	-33.55M	-63.69M	-11.92M
Net Income to Common	-39.57M	-135.29M	-33.55M	-63.69M	-11.92M
Net Income Growth	—	—	—	—	—
Income Tax Expense	3.00M	3.82M	2.25M	2.25M	3.47M
Effective Tax Rate	—	—	—	—	—
Per Share & Capital
EPS (Basic)	-0.79	-2.71	-0.67	-1.27	-0.24
EPS (Diluted)	-0.79	-2.71	-0.67	-1.27	-0.24
EPS Growth	—	—	—	—	—
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	50.00M	50.00M	50.00M	50.00M	50.00M
Shares Outstanding (Diluted)	50.00M	50.00M	50.00M	50.00M	50.00M
Dividend Growth	—	—	—	—	—
Free Cash Flow	-70.66M	-70.62M	-27.73M	-50.91M	-82.18M
Free Cash Flow Margin	-22.7%	-31.7%	-8.2%	-15.8%	-27.0%
Free Cash Flow Per Share	-1.41	-1.41	-0.56	-1.02	-1.64
Payout Ratio	—	—	—	—	—
Supplemental
Total Interest Dividend Income	8.81M	11.37M	9.93M	13.58M	10.79M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	311.66M	222.81M	338.49M	321.90M	304.07M
Operating Expenses	348.18M	355.90M	370.96M	384.96M	314.49M
Pretax Income	-36.57M	-131.47M	-31.30M	-61.44M	-8.45M
Income Tax	3.00M	3.82M	2.25M	2.25M	3.47M
Net Income	-39.57M	-135.29M	-33.55M	-63.69M	-11.92M
Premium Revenue	301.44M	222.79M	325.66M	317.23M	288.32M
Policy Benefits	303.50M	164.89M	340.21M	330.42M	322.91M
Policy Cost	50.80M	213.40M	-3.83M	41.37M	38.73M
EPS (Basic)	-0.79	-2.71	-0.67	-1.27	-0.24
EPS (Diluted)	-0.79	-2.71	-0.67	-1.27	-0.24
Margins & Efficiency
Net Margin %	-12.7%	-60.7%	-9.9%	-19.8%	-3.9%
Revenue & Income
Revenue Growth (YoY)	+2.5%	+29.4%	-16.8%	-14.9%	-23.1%
Revenue Insurance	311.66M	222.81M	338.49M	321.90M	304.07M
Premiums Annuity Rev	301.44M	222.79M	325.66M	317.23M	288.32M
Interest & Investment Income	—	—	—	—	—
Other Revenue Insurance	—	—	—	—	—
Gain Investment Rev Insurance	1.41M	-11.35M	2.90M	-8.90M	4.96M
Expenses & Provisions
SG&A Insurance	—	3.31M	—	—	—
Other Opex Insurance	-6.12M	-29.44M	34.58M	13.18M	-47.15M
Total Opex Insurance	348.18M	355.90M	370.96M	384.96M	314.49M
Interest Expense	-37.00K	-40.00K	-52.00K	-51.00K	-76.00K
Other Non Operating Income (Expenses)	-0.01M	1.66M	1.23M	1.67M	2.04M
Policy Benefits	303.50M	164.89M	340.21M	330.42M	322.91M
Policy Cost	50.80M	213.40M	-3.83M	41.37M	38.73M
Provision for Bad Debts	—	—	—	—	—
D&A For EBITDA	1.57M	1.60M	1.64M	1.75M	1.34M
Da Suppl Insurance	—	368.00K	—	—	—
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	-36.52M	-133.09M	-32.47M	-63.06M	-10.42M
EBIT Margin	-11.7%	-59.7%	-9.6%	-19.6%	-3.4%
EBITDA	-34.95M	-131.49M	-30.84M	-61.31M	-9.08M
EBITDA Margin	-11.2%	-59.0%	-9.1%	-19.0%	-3.0%
Pretax Income	-36.57M	-131.47M	-31.30M	-61.44M	-8.45M
Opinc Insurance	-36.52M	-133.09M	-32.47M	-63.06M	-10.42M
Operating Margin	-11.7%	-59.7%	-9.6%	-19.6%	-3.4%
Profit Margin	-12.7%	-60.7%	-9.9%	-19.8%	-3.9%
Net Income	-39.57M	-135.29M	-33.55M	-63.69M	-11.92M
Net Income to Common	-39.57M	-135.29M	-33.55M	-63.69M	-11.92M
Net Income Growth	—	—	—	—	—
Income Tax Expense	3.00M	3.82M	2.25M	2.25M	3.47M
Effective Tax Rate	—	—	—	—	—
Per Share & Capital
EPS (Basic)	-0.79	-2.71	-0.67	-1.27	-0.24
EPS (Diluted)	-0.79	-2.71	-0.67	-1.27	-0.24
EPS Growth	—	—	—	—	—
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	50.00M	50.00M	50.00M	50.00M	50.00M
Shares Outstanding (Diluted)	50.00M	50.00M	50.00M	50.00M	50.00M
Dividend Growth	—	—	—	—	—
Free Cash Flow	-70.66M	-70.62M	-27.73M	-50.91M	-82.18M
Free Cash Flow Margin	-22.7%	-31.7%	-8.2%	-15.8%	-27.0%
Free Cash Flow Per Share	-1.41	-1.41	-0.56	-1.02	-1.64
Payout Ratio	—	—	—	—	—
Supplemental
Total Interest Dividend Income	8.81M	11.37M	9.93M	13.58M	10.79M