Balance Sheet Takaful Emarat - Insurance

Stocks

TAKAFUL-EM

AET000201011

Multiline Insurance & Brokers

Market Closed - Dubai FM Other stock markets 06:55:05 2026-07-20 am EDT			5-day change	1st Jan Change
1.500 ^AED	0.00%		-0.66%	-17.13%

May. 15	Takaful Emarat - Insurance Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
May. 15	Takaful Emarat Insurance Q1 loss 13.7 million dirhams	RE

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Published financial data: TAKAFUL EMARAT - INSURANCE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	474M	335M	229M	420M	611M
Total Interest And Dividend Income	28.94M	1.19M	-40.94M	31.66M	79.7M
Gain (Loss) on Sale of Investments, Total (Rev)	-6.64M	4.72M	56.08M	598K	-17.88M
Other Revenues, Total	20.37M	33.91M	200K	725K	1.6M
Total Revenues	517M	374M	244M	453M	674M
Policy Benefits	396M	270M	173M	323M	471M
Policy Acquisition / Underwriting Costs, Total	52.98M	39.95M	34.94M	59.27M	87.45M
Selling General & Admin Expenses, Total	73.77M	63.3M	48.23M	61.52M	79.14M
Other Operating Expenses	0	0	0	-3.56M	17.56M
Total Operating Expenses	523M	373M	257M	440M	655M
Operating Income	-6.04M	1.25M	-12.46M	13.16M	19.71M
Currency Exchange Gains (Loss)	-	-	36K	-	-
EBT, Excl. Unusual Items	-6.04M	1.25M	-12.43M	13.16M	19.71M
Asset Writedown	-643K	1.2M	-	-	-
EBT, Incl. Unusual Items	-6.68M	2.45M	-12.43M	13.16M	19.71M
Income Tax Expense	-	-	-	2M	3.86M
Earnings From Continuing Operations	-6.68M	2.45M	-12.43M	11.16M	15.86M
Net Income to Company	-6.68M	2.45M	-12.43M	11.16M	15.86M
Net Income - (IS)	-6.68M	2.45M	-12.43M	11.16M	15.86M
Net Income to Common Incl Extra Items	-6.68M	2.45M	-12.43M	11.16M	15.86M
Net Income to Common Excl. Extra Items	-6.68M	2.45M	-12.43M	11.16M	15.86M
Per Share Items
Net EPS - Basic	-0.26	0.1	-0.48	0.05	0.08
Basic EPS - Continuing Operations	-0.26	0.1	-0.48	0.05	0.08
Basic Weighted Average Shares Outstanding	25.65M	25.65M	25.65M	211M	207M
Net EPS - Diluted	-0.26	0.1	-0.48	0.05	0.08
Diluted EPS - Continuing Operations	-0.26	0.1	-0.48	0.05	0.08
Diluted Weighted Average Shares Outstanding	25.65M	25.65M	25.65M	211M	207M
Normalized Basic EPS	-0.15	0.03	-0.3	0.04	0.06
Normalized Diluted EPS	-0.15	0.03	-0.3	0.04	0.06
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-2.48M	4.55M	-12.21M	13.83M	20.12M
EBITA	-6.04M	1.25M	-12.46M	13.16M	19.71M
EBIT	-6.04M	1.25M	-12.46M	13.16M	19.71M
EBITDAR	-2.29M	4.79M	-11.67M	15.37M	20.94M
Effective Tax Rate - (Ratio)	-	-	-	15.17	19.57
Total Current Taxes	-	-	-	-	49K
Total Deferred Taxes	-	-	-	2M	3.81M
Normalized Net Income	-3.77M	780K	-7.77M	8.22M	12.32M
Non-Cash Pension Expense	882K	1.77M	-	-	-
Supplemental Operating Expense Items
Marketing Expenses	1.52M	687K	-	-	-
Selling and Marketing Expenses	1.52M	687K	-	-	-
General and Administrative Expenses	72.06M	62.37M	47.7M	59.99M	78.32M
Net Rental Expense, Total	193K	238K	536K	1.54M	819K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	-	-	-	-	-
Investment In Equity and Preferred Securities, Total	57.62M	57.62M	-	-	-
Trading Asset Securities, Total	383M	352M	348M	395M	469M
Real Estate Owned	54.96M	61.71M	83.98M	108M	95.07M
Total Other Investments	17.25M	36.08M	13.61M	57.01M	38.21M
Total investments	513M	507M	446M	560M	602M
Cash And Equivalents	49.63M	67.89M	62.63M	278M	284M
Reinsurance Recoverable - (IS)	130M	66.97M	33.7M	44.24M	84.8M
Other Receivables - (Insurance Template)	289M	203M	115M	70.51M	97.08M
Deferred Policy Acquisition Costs - (BS)	51.25M	38.92M	-	-	-
Gross Property Plant And Equipment	63.34M	6.94M	7.11M	7.9M	13.03M
Accumulated Depreciation	-17.98M	-6.15M	-6.4M	-6.69M	-7.74M
Net Property Plant And Equipment	45.37M	796K	715K	1.21M	5.29M
Other Intangibles, Total	1.87M	1.09M	490K	257K	402K
Restricted Cash	4M	4M	-	4M	4M
Other Current Assets, Total	2.71M	3.12M	2.39M	2.07M	-
Other Long-Term Assets, Total	-	1	4M	-	-
Total Assets	1.09B	893M	664M	960M	1.08B
Liabilities
Accounts Payable, Total	-	-	-	20.52M	4.42M
Accrued Expenses, Total	8.15M	6.81M	-	3.96M	9.89M
Insurance And Annuity Liabilities	283M	278M	386M	515M	557M
Unpaid Claims	178M	92.01M	84.27M	116M	166M
Unearned Premiums	172M	85.86M	-	-	-
Reinsurance Payable - (BS)	105M	62.56M	3.45M	5.13M	-
Short-Term Borrowings	-	-	-	-	-
Long-Term Debt	21.7M	17.5M	65.72M	34.13M	6.55M
Long-Term Leases	-	-	-	-	3.27M
Current Income Taxes Payable	-	-	-	-	50K
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	33.16M	30.79M	-	-	-
Pension & Other Post Retirement Benefits	3.13M	4.22M	3.64M	5.86M	7.38M
Deferred Tax Liability Non-Current	-	-	-	2M	7.04M
Other Non Current Liabilities	159M	190M	160M	93.64M	138M
Total Liabilities	963M	767M	704M	797M	900M
Common Stock, Total	150M	150M	150M	211M	211M
Retained Earnings	-67.59M	-65.19M	-175M	-42.17M	-27.96M
Treasury Stock	-	-	-	-	-7M
Comprehensive Income and Other	40.7M	40.7M	-14.96M	-5.27M	1.8M
Total Common Equity	123M	126M	-39.65M	163M	178M
Total Equity	123M	126M	-39.65M	163M	178M
Total Liabilities And Equity	1.09B	893M	664M	960M	1.08B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	25.65M	25.65M	25.65M	211M	207M
ECS Total Common Shares Outstanding	25.65M	25.65M	25.65M	211M	207M
Book Value / Share	4.8	4.89	-1.55	0.77	0.86
Tangible Book Value	121M	124M	-40.14M	163M	177M
Tangible Book Value Per Share	4.73	4.85	-1.56	0.77	0.86
Total Debt	21.7M	17.5M	65.72M	34.13M	9.82M
Net Debt	-27.93M	-50.39M	3.09M	-244M	-274M
Debt Equivalent Oper. Leases	1.54M	1.9M	4.29M	12.31M	6.55M
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	48.63M	-	-	-	-
Machinery, Total	14.72M	6.94M	7.11M	7.9M	8.33M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-6.68M	2.45M	-12.43M	11.16M	15.86M
Depreciation, Depletion & Amortization	3.56M	3.3M	-18K	671K	1.06M
Total Depreciation, Depletion & Amortization	3.56M	3.3M	-18K	671K	1.06M
Amortization of Deferred Charges, Total	1.2M	872K	871K	-	-
(Gain) Loss On Sale of Asset - (CF)	-	11.44M	-	-614K	-472K
(Gain) Loss on Sale of Investments - (CF)	-47.61M	-16.03M	-55.21M	-12.2M	-18.12M
Total Asset Writedown	643K	-1.2M	-15.44M	-13.19M	-4.01M
Deferred Policy Acquisition Costs - (CF)	14.37M	12.33M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-2.06M
Provision and Write-off of Bad Debts	103K	5.42M	20K	198K	-139K
Change in Accounts Receivable	-12.73M	134M	131K	-	-
Reinsurance Recoverable - (CF)	17.81M	46.9M	-22.12M	-10.54M	-40.56M
Reinsurance Payable - (CF)	-	-	-10.44M	1.68M	-5.13M
Change in insurance Reserves / Liabilities	20.1M	-230M	130M	129M	64.43M
Change in Other Net Operating Assets (Collected)	-	-	13.2M	4.64M	13.88M
Other Operating Activities	625K	1.08M	-581K	1.66M	4.47M
Cash from Operations	-8.61M	-29.64M	28.01M	113M	29.22M
Capital Expenditure	-699K	-289K	-171K	-794K	-5.13M
Sale of Property, Plant, and Equipment	-	30.12M	-	1K	-
Purchase / Sale of Intangible Assets	-	-100K	-	-140K	-162K
Sale (Purchase) of Real Estate Properties (Collected)	-3.98M	-5.55M	-10.84M	-10.13M	17.15M
Investment in Marketable and Equity Securities, Total	-15.81M	22.9M	371K	-69.43M	-30.41M
Other Investing Activities, Total	-	-	-	-	2.22M
Cash from Investing	-20.49M	47.09M	-10.64M	-80.49M	-16.32M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-4.2M	-	-	-	-
Long-Term Debt Repaid, Total	-	-4.2M	-17.5M	-	-
Total Debt Repaid	-4.2M	-4.2M	-17.5M	-	-
Issuance of Common Stock	-	-	-	185M	-
Repurchase of Common Stock	-	-	-	-	-6.82M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-348K	-50.65K	-	-1.7M	-299K
Cash from Financing	-4.55M	-4.25M	-17.5M	183M	-7.12M
Miscellaneous Cash Flow Adjustments	-	-2	-	-	-
Net Change in Cash	-33.64M	13.2M	-130K	216M	5.78M
Supplemental Items
Net Debt Issued / Repaid	-4.2M	-4.2M	-17.5M	-	-
Levered Free Cash Flow	-58.78M	-38.82M	-33M	144M	-37.96M
Unlevered Free Cash Flow	-58.78M	-38.82M	-33M	144M	-37.96M
Change In Net Working Capital	59.07M	43.39M	25.9M	-136M	46.06M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.35	0.08	-1.27	1.01	1.21
Return on Total Capital	-2.66	0.54	-14.18	7.36	6.41
Return On Equity %	-5.65	1.97	37.16	18.07	9.31
Return on Common Equity	-5.65	1.97	37.16	18.07	9.31
Margin Analysis
Gross Profit Margin %	13.1	17.24	14.66	15.69	17.26
SG&A Margin	14.27	16.91	19.76	13.57	11.74
EBITDA Margin %	-0.48	1.22	-5	3.05	2.98
EBITA Margin %	-1.17	0.33	-5.11	2.9	2.92
EBIT Margin %	-1.17	0.33	-5.11	2.9	2.92
Income From Continuing Operations Margin %	-1.29	0.65	-5.09	2.46	2.35
Net Income Margin %	-1.29	0.65	-5.09	2.46	2.35
Net Avail. For Common Margin %	-1.29	0.65	-5.09	2.46	2.35
Normalized Net Income Margin	-0.73	0.21	-3.18	1.81	1.83
Levered Free Cash Flow Margin	-11.37	-10.37	-13.52	31.85	-5.63
Unlevered Free Cash Flow Margin	-11.37	-10.37	-13.52	31.85	-5.63
Asset Turnover
Asset Turnover	0.48	0.38	0.4	0.56	0.66
Fixed Assets Turnover	11.05	16.22	323.02	470.93	207.54
Receivables Turnover (Average Receivables)	2.32	1.81	-	-	-
Short Term Liquidity
Current Ratio	1.12	1.28	2.27	1.59	1.53
Quick Ratio	0.94	1.14	2.13	1.48	1.38
Operating Cash Flow to Current Liabilities	-0.01	-0.05	0.11	0.23	0.05
Days Sales Outstanding (Average Receivables)	157.28	201.29	-	-	-
Average Days Payable Outstanding	428.1	574.06	363.18	403.44	359.67
Long Term Solvency
Total Debt/Equity	17.63	13.94	-165.75	20.91	5.53
Total Debt / Total Capital	14.99	12.24	252.09	17.29	5.24
LT Debt/Equity	17.63	13.94	-165.75	20.91	5.53
Long-Term Debt / Total Capital	14.99	12.24	252.09	17.29	5.24
Total Liabilities / Total Assets	88.67	85.94	105.97	83	83.53
Total Debt / EBITDA	-8.75	3.85	-5.38	2.47	0.47
Net Debt / EBITDA	11.26	-11.08	-0.25	-17.63	-13.19
Total Debt / (EBITDA - Capex)	-6.83	4.11	-5.31	2.62	0.63
Net Debt / (EBITDA - Capex)	8.79	-11.83	-0.25	-18.71	-17.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	20.53	-27.59	-4.03	85.71	48.79
Gross Profit, 1 Yr. Growth %	4.98	-4.71	-159.62	49.02	63.68
EBITDA, 1 Yr. Growth %	-133.54	-283.47	-89.1	-219.49	45.5
EBITA, 1 Yr. Growth %	-251.37	-120.66	-89.22	-205.89	49.82
EBIT, 1 Yr. Growth %	-251.37	-120.66	-89.22	-205.89	49.82
Earnings From Cont. Operations, 1 Yr. Growth %	-1.72K	-136.63	-87.21	-189.83	42.05
Net Income, 1 Yr. Growth %	-1.72K	-136.63	-87.21	-189.83	42.05
Normalized Net Income, 1 Yr. Growth %	-251.37	-120.66	-89.16	-205.89	49.82
Diluted EPS Before Extra, 1 Yr. Growth %	-1.72K	-136.63	-87.21	-110.94	44.76
Net Property, Plant and Equip., 1 Yr. Growth %	-5.93	-98.25	-10.18	69.23	337.11
Accounts Receivable, 1 Yr. Growth %	-11.09	-18.59	-	-	-
Total Assets, 1 Yr. Growth %	3.79	-17.81	18.38	44.54	12.26
Common Equity, 1 Yr. Growth %	8.39	1.95	45.64	-511.59	8.76
Tangible Book Value, 1 Yr. Growth %	9.71	2.61	41.74	-505.93	8.69
Cash From Operations, 1 Yr. Growth %	-111.77	244.29	-153.34	302.55	-74.09
Capital Expenditures, 1 Yr. Growth %	-67.45	-58.63	-40.83	364.33	545.59
Levered Free Cash Flow, 1 Yr. Growth %	-446.29	-33.96	-86.95	119.16	-122.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-446.29	-33.96	-86.95	119.16	-122.75
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	11.47	-6.58	-31.3	33.51	66.22
Gross Profit, 2 Yr. CAGR %	16.71	0.02	-27.33	8.88	56.17
EBITDA, 2 Yr. CAGR %	-69.88	-21.55	121.9	-64.87	31.86
EBITA, 2 Yr. CAGR %	-55.75	-44.08	43.65	-66.27	25.95
EBIT, 2 Yr. CAGR %	-55.75	-44.08	43.65	-66.27	25.95
Earnings From Cont. Operations, 2 Yr. CAGR %	-58.79	143.46	36.36	-66.11	12.96
Net Income, 2 Yr. CAGR %	-58.79	143.46	36.36	-66.11	12.96
Normalized Net Income, 2 Yr. CAGR %	-55.75	-44.08	43.44	-66.13	25.95
Diluted EPS Before Extra, 2 Yr. CAGR %	-58.79	143.46	36.36	-88.17	-60.21
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.24	-87.15	-87.45	23.29	171.98
Accounts Receivable, 2 Yr. CAGR %	-2.42	-14.92	-	-	-
Total Assets, 2 Yr. CAGR %	0.13	-7.64	-21.81	30.81	27.38
Common Equity, 2 Yr. CAGR %	7.32	5.12	-43.25	144.84	111.58
Tangible Book Value, 2 Yr. CAGR %	8.65	6.1	-42.46	139.87	110.04
Cash From Operations, 2 Yr. CAGR %	398.69	-36.33	80.38	46.53	2.13
Capital Expenditures, 2 Yr. CAGR %	-51.63	-63.3	-50.54	65.75	447.51
Levered Free Cash Flow, 2 Yr. CAGR %	-18.64	51.23	-25.07	-24.46	-24.09
Unlevered Free Cash Flow, 2 Yr. CAGR %	-18.64	51.23	-25.07	-24.46	-24.09
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	19.06	-3.46	-17.14	-4.29	38.42
Gross Profit, 3 Yr. CAGR %	-12.86	9.08	-17.85	1.64	24.73
EBITDA, 3 Yr. CAGR %	-48.31	-45	18.21	77.34	-43.58
EBITA, 3 Yr. CAGR %	-26.3	-65.67	46.17	29.64	-44.55
EBIT, 3 Yr. CAGR %	-26.3	-65.67	46.17	29.64	-44.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-21.93	-60.38	211.03	18.65	-45.35
Net Income, 3 Yr. CAGR %	-21.93	-60.38	211.03	18.65	-45.35
Normalized Net Income, 3 Yr. CAGR %	-26.3	-65.67	46.03	29.64	-44.4
Diluted EPS Before Extra, 3 Yr. CAGR %	-21.93	-60.38	211.03	-41.19	-72.74
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.86	-74.93	-75.43	-70.12	88
Accounts Receivable, 3 Yr. CAGR %	22.51	-8.14	-	-	-
Total Assets, 3 Yr. CAGR %	3.44	-6.25	-14.07	-4.04	24.31
Common Equity, 3 Yr. CAGR %	-9.31	5.5	-29.59	9.85	86.81
Tangible Book Value, 3 Yr. CAGR %	-8.86	6.6	-28.65	10.36	84.24
Cash From Operations, 3 Yr. CAGR %	-56	340.75	-27.37	135.72	-17.75
Capital Expenditures, 3 Yr. CAGR %	-50.98	-54.08	-56.98	4.34	160.79
Levered Free Cash Flow, 3 Yr. CAGR %	-28.93	-24.1	24.81	34.92	-46.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	-28.93	-24.1	24.81	34.92	-46.86
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.09	-0.58	-4.44	1.73	9.47
Gross Profit, 5 Yr. CAGR %	-1.59	-9.05	-18.96	7.42	12.53
EBITDA, 5 Yr. CAGR %	-32.02	-25.22	-7.42	-12.74	22.17
EBITA, 5 Yr. CAGR %	-17.99	-41.79	-3.75	-15.67	37.64
EBIT, 5 Yr. CAGR %	-17.99	-41.79	-3.75	-15.67	37.64
Earnings From Cont. Operations, 5 Yr. CAGR %	-14.94	-33.49	-2.42	-22.27	107.42
Net Income, 5 Yr. CAGR %	-14.94	-33.49	-2.42	-22.27	107.42
Normalized Net Income, 5 Yr. CAGR %	-17.99	-41.79	-3.8	-15.67	37.64
Diluted EPS Before Extra, 5 Yr. CAGR %	-14.94	-33.49	-2.42	-48.99	36.65
Net Property, Plant and Equip., 5 Yr. CAGR %	78.96	-56.18	-57.41	-52.59	-35.73
Accounts Receivable, 5 Yr. CAGR %	3.22	4.56	-	-	-
Total Assets, 5 Yr. CAGR %	8.22	1.21	-7.51	-2.39	0.58
Common Equity, 5 Yr. CAGR %	-2.81	-3.35	-24.81	8.83	9.34
Tangible Book Value, 5 Yr. CAGR %	-2.9	-3.23	-24.17	9.67	9.89
Cash From Operations, 5 Yr. CAGR %	-39.78	-6.83	-22.63	218.11	-16.76
Capital Expenditures, 5 Yr. CAGR %	23.55	-63.96	-50.8	-23.28	19.01
Levered Free Cash Flow, 5 Yr. CAGR %	12.48	-19.91	-27.41	10.21	17.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	12.48	-19.91	-27.41	10.21	17.46