Mutakamela Insurance Co. generated a net profit of SAR 7.4 million in 2025, a drop of 51% from SAR 15.2 million in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 873.89 | 879.81 | 0.7 % |
| Net Profit Before Zakat & Tax | 26.48 | 17.58 | (33.6 %) |
| Net Income | 15.17 | 7.41 | (51.2 %) |
| Average Shares | 60.00 | 60.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.25 | 0.12 | (51.2 %) |
| EPS (Riyal) | 0.25 | 0.12 | (51.2 %) |
The company attributed the decline in profits to a 46% decrease in net investment income, despite higher revenues driven by increased business in the motor, property, and casualty insurance segments.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 198.42 | 231.23 | 16.5 % |
| Net Profit Before Zakat & Tax | 1.39 | (5.63) | (504.9 %) |
| Net Income | 0.06 | (7.67) | (13410.9 %) |
| Average Shares | 60.00 | 60.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.00 | (0.13) | (13410.9 %) |
| EPS (Riyal) | 0.00 | (0.13) | (13410.9 %) |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 221.63 | 231.23 | 4.3 % |
| Net Profit Before Zakat & Tax | 3.23 | (5.63) | (274.6 %) |
| Net Income | 0.55 | (7.67) | (1496.8 %) |
| Average Shares | 60.00 | 60.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.01 | (0.13) | (1496.8 %) |
| EPS (Riyal) | 0.01 | (0.13) | (1496.8 %) |
In the fourth-quarter, Mutakamela posted a net loss of SAR 7.67 million, versus net earnings of SAR 0.06 million a year before.
Quarter-on-quarter (QoQ) basis, the company also swung to loss from a profit of SAR 0.55 million in Q3 2025.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 873.89 | 879.81 | 0.7 % |
| Insurance Services Income | 8.17 | 11.60 | 42.0 % |
| Investment Income | 85.35 | 45.80 | (46.3 %) |
| Net Profit of Insurance Services and Investment | 62.05 | 45.59 | (26.5 %) |
Shareholders’ equity, with no minority interest, reached SAR 723.89 million by Dec.31, 2025, up from SAR 702.29 million in the prior-year period.
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