Chubb Arabia Cooperative Insurance Company (TADAWUL:8240)

TADAWUL:8240 Income Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	162.33	139.72	299.36	102.26	85.4
Total Interest & Dividend Income	15.72	14.12	8.55	5.79	7.54
Gain (Loss) on Sale of Investments	1.54	3.77	-0.14	-1.86	1.46
Other Revenue	0.8	7.18	-78.48	26.75	27.14
Total Revenue	180.4	164.79	229.28	132.94	121.54
Revenue Growth (YoY)	9.47%	-28.13%	72.47%	9.38%	-2.27%
Policy Benefits	143.43	117.71	197.35	54.08	23.17
Policy Acquisition & Underwriting Costs	-	-	-	21.69	19.43
Selling, General & Administrative	-	-	-	42.57	40.16
Provision for Bad Debts	-	-	-	-0.79	-2.47
Other Operating Expenses	16.12	15.09	13.52	1.85	4.43
Total Operating Expenses	159.56	132.8	210.87	119.41	84.71
Operating Income	20.84	31.99	18.42	13.54	36.82
Other Non Operating Income (Expenses)	0.81	0.31	1.28	-	-
Pretax Income	21.66	32.3	19.69	13.54	36.82
Income Tax Expense	5.36	7.48	7.15	6.37	6.53
Net Income	16.29	24.82	12.54	7.16	30.29
Net Income to Common	16.29	24.82	12.54	7.16	30.29
Net Income Growth	-34.35%	97.95%	75.05%	-76.35%	3.21%
Shares Outstanding (Basic)	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30
EPS (Basic)	0.54	0.83	0.42	0.24	1.01
EPS (Diluted)	0.54	0.83	0.42	0.24	1.01
EPS Growth	-34.72%	97.95%	75.05%	-76.35%	3.21%
Free Cash Flow	12.64	35.81	23.97	-0.86	27.13
Free Cash Flow Per Share	0.42	1.19	0.80	-0.03	0.90
Operating Margin	11.55%	19.41%	8.03%	10.18%	30.30%
Profit Margin	9.03%	15.06%	5.47%	5.39%	24.92%
Free Cash Flow Margin	7.01%	21.73%	10.46%	-0.65%	22.32%
EBITDA	21.91	32.76	19.09	13.96	37.05
EBITDA Margin	12.15%	19.88%	8.33%	10.50%	30.48%
D&A For EBITDA	1.07	0.76	0.68	0.42	0.22
EBIT	20.84	31.99	18.42	13.54	36.82
EBIT Margin	11.55%	19.41%	8.03%	10.18%	30.30%
Effective Tax Rate	24.77%	23.17%	36.33%	47.09%	17.75%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.