WATANIYA

Wataniya Insurance Co.

8300StocksTadawulInsurance

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	1.90B	1.86B	1.43B	0.55B	0.56B
Operating Expenses	1.85B	1.75B	1.33B	0.57B	0.61B
Pretax Income	49.49M	116.78M	96.49M	-21.17M	-50.47M
Income Tax	12.40M	13.73M	11.91M	6.49M	4.00M
Net Income	37.09M	103.05M	84.58M	-27.66M	-54.48M
Premium Revenue	1.84B	1.80B	1.38B	0.54B	0.51B
Policy Benefits	1.77B	1.67B	1.11B	0.45B	0.39B
Policy Cost	225.62M	198.45M	172.32M	104.27M	93.54M
EPS (Basic)	0.93	2.58	2.11	-0.74	-2.72
EPS (Diluted)	0.93	2.58	2.11	-0.74	-2.72
Margins & Efficiency
Net Margin %	+2.0%	+5.5%	+5.9%	-5.0%	-9.7%
Revenue & Income
Revenue Growth (YoY)	+1.9%	+30.2%	+159.7%	-1.9%	+16.4%
Revenue Insurance	1.90B	1.86B	1.43B	0.55B	0.56B
Premiums Annuity Rev	1.84B	1.80B	1.38B	0.54B	0.51B
Other Revenue Insurance	57.49M	59.07M	42.46M	8.00M	51.94M
Gain Investment Rev Insurance	10.03M	14.67M	15.22M	0.54M	3.93M
Expenses & Provisions
SG&A Insurance	—	—	—	—	121.59M
Other Opex Insurance	-151.20M	-124.94M	47.62M	20.61M	4.36M
Total Opex Insurance	1.85B	1.75B	1.33B	0.57B	0.61B
Other Non Operating Income (Expenses)	—	—	—	1.42M	—
Policy Benefits	1.77B	1.67B	1.11B	0.45B	0.39B
Policy Cost	225.62M	198.45M	172.32M	104.27M	93.54M
Provision for Bad Debts	—	—	—	—	5.00M
D&A For EBITDA	5.76M	5.56M	5.96M	4.29M	3.69M
Deferred Policy Acquisition Cost	—	—	—	—	38.79M
Profitability & Returns
EBIT	49.49M	116.78M	96.49M	-22.59M	-50.47M
EBIT Margin	+2.6%	+6.3%	+6.7%	-4.1%	-9.0%
EBITDA	55.25M	122.34M	102.45M	-18.30M	-46.78M
EBITDA Margin	+2.9%	+6.6%	+7.2%	-3.3%	-8.3%
EBT Excluding Unusual Items	49.49M	116.78M	96.49M	-21.17M	-50.47M
Pretax Income	49.49M	116.78M	96.49M	-21.17M	-50.47M
Opinc Insurance	49.49M	116.78M	96.49M	-22.59M	-50.47M
Operating Margin	+2.6%	+6.3%	+6.7%	-4.1%	-9.0%
Profit Margin	+2.0%	+5.5%	+5.9%	-5.0%	-9.7%
Net Income	37.09M	103.05M	84.58M	-27.66M	-54.48M
Net Income to Common	37.09M	103.05M	84.58M	-27.66M	-54.48M
Net Income Growth	-64.0%	+21.8%	—	—	—
Income Tax Expense	12.40M	13.73M	11.91M	6.49M	4.00M
Effective Tax Rate	+25.1%	+11.8%	+12.3%	—	—
Per Share & Capital
EPS (Basic)	0.93	2.58	2.11	-0.74	-2.72
EPS (Diluted)	0.93	2.58	2.11	-0.74	-2.72
EPS Growth	-64.0%	+21.8%	—	—	—
Shares Change (YoY)	—	—	0.07	0.86	-0
Shares Outstanding (Basic)	40.00M	40.00M	40.00M	37.24M	20.03M
Shares Outstanding (Diluted)	40.00M	40.00M	40.00M	37.24M	20.03M
Free Cash Flow	-67.79M	242.16M	396.55M	49.41M	-72.71M
Free Cash Flow Margin	-3.6%	+13.0%	+27.7%	+9.0%	-12.9%
Free Cash Flow Per Share	-1.70	6.05	9.91	1.33	-3.63
Supplemental
Total Interest Dividend Income	-6.31M	-6.77M	-5.19M	4.18M	0.01M

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	1.90B	1.86B	1.43B	0.55B	0.56B
Operating Expenses	1.85B	1.75B	1.33B	0.57B	0.61B
Pretax Income	49.49M	116.78M	96.49M	-21.17M	-50.47M
Income Tax	12.40M	13.73M	11.91M	6.49M	4.00M
Net Income	37.09M	103.05M	84.58M	-27.66M	-54.48M
Premium Revenue	1.84B	1.80B	1.38B	0.54B	0.51B
Policy Benefits	1.77B	1.67B	1.11B	0.45B	0.39B
Policy Cost	225.62M	198.45M	172.32M	104.27M	93.54M
EPS (Basic)	0.93	2.58	2.11	-0.74	-2.72
EPS (Diluted)	0.93	2.58	2.11	-0.74	-2.72
Margins & Efficiency
Net Margin %	+2.0%	+5.5%	+5.9%	-5.0%	-9.7%
Revenue & Income
Revenue Growth (YoY)	+1.9%	+30.2%	+159.7%	-1.9%	+16.4%
Revenue Insurance	1.90B	1.86B	1.43B	0.55B	0.56B
Premiums Annuity Rev	1.84B	1.80B	1.38B	0.54B	0.51B
Other Revenue Insurance	57.49M	59.07M	42.46M	8.00M	51.94M
Gain Investment Rev Insurance	10.03M	14.67M	15.22M	0.54M	3.93M
Expenses & Provisions
SG&A Insurance	—	—	—	—	121.59M
Other Opex Insurance	-151.20M	-124.94M	47.62M	20.61M	4.36M
Total Opex Insurance	1.85B	1.75B	1.33B	0.57B	0.61B
Other Non Operating Income (Expenses)	—	—	—	1.42M	—
Policy Benefits	1.77B	1.67B	1.11B	0.45B	0.39B
Policy Cost	225.62M	198.45M	172.32M	104.27M	93.54M
Provision for Bad Debts	—	—	—	—	5.00M
D&A For EBITDA	5.76M	5.56M	5.96M	4.29M	3.69M
Deferred Policy Acquisition Cost	—	—	—	—	38.79M
Profitability & Returns
EBIT	49.49M	116.78M	96.49M	-22.59M	-50.47M
EBIT Margin	+2.6%	+6.3%	+6.7%	-4.1%	-9.0%
EBITDA	55.25M	122.34M	102.45M	-18.30M	-46.78M
EBITDA Margin	+2.9%	+6.6%	+7.2%	-3.3%	-8.3%
EBT Excluding Unusual Items	49.49M	116.78M	96.49M	-21.17M	-50.47M
Pretax Income	49.49M	116.78M	96.49M	-21.17M	-50.47M
Opinc Insurance	49.49M	116.78M	96.49M	-22.59M	-50.47M
Operating Margin	+2.6%	+6.3%	+6.7%	-4.1%	-9.0%
Profit Margin	+2.0%	+5.5%	+5.9%	-5.0%	-9.7%
Net Income	37.09M	103.05M	84.58M	-27.66M	-54.48M
Net Income to Common	37.09M	103.05M	84.58M	-27.66M	-54.48M
Net Income Growth	-64.0%	+21.8%	—	—	—
Income Tax Expense	12.40M	13.73M	11.91M	6.49M	4.00M
Effective Tax Rate	+25.1%	+11.8%	+12.3%	—	—
Per Share & Capital
EPS (Basic)	0.93	2.58	2.11	-0.74	-2.72
EPS (Diluted)	0.93	2.58	2.11	-0.74	-2.72
EPS Growth	-64.0%	+21.8%	—	—	—
Shares Change (YoY)	—	—	0.07	0.86	-0
Shares Outstanding (Basic)	40.00M	40.00M	40.00M	37.24M	20.03M
Shares Outstanding (Diluted)	40.00M	40.00M	40.00M	37.24M	20.03M
Free Cash Flow	-67.79M	242.16M	396.55M	49.41M	-72.71M
Free Cash Flow Margin	-3.6%	+13.0%	+27.7%	+9.0%	-12.9%
Free Cash Flow Per Share	-1.70	6.05	9.91	1.33	-3.63
Supplemental
Total Interest Dividend Income	-6.31M	-6.77M	-5.19M	4.18M	0.01M