Alliance Insurance: Financial Growth and Strategic Moves in 2025
Alliance Insurance has released its latest financial report, showcasing significant changes compared to previous years. This article delves into the key financial metrics and strategic decisions shaping the company's future.
Summary
Alliance Insurance's recent financial report highlights growth in revenue and net income, alongside strategic dividend distributions. The company's financial health remains robust, offering promising prospects for investors.
Alliance Insurance: Financial Growth and Strategic Moves in 2025
Alliance Insurance has recently published its latest financial report for the fiscal year ending on December 31, 2024. The report reveals notable improvements in various key performance indicators (KPIs), reflecting the company's strategic growth and financial stability.
Key Financial Metrics
| KPI | 2024 | 2023 |
|---|---|---|
| Revenue | AED 500 million | AED 450 million |
| Operating Income | AED 120 million | AED 110 million |
| Net Income | AED 90 million | AED 80 million |
| Earnings per Share | AED 9 | AED 8 |
| Debt Ratio | 30% | 32% |
| Interest Coverage Ratio | 5.5 | 5.2 |
Year-over-Year KPI Changes
| KPI | Change (%) |
|---|---|
| Revenue | +11.1% |
| Operating Income | +9.1% |
| Net Income | +12.5% |
| Earnings per Share | +12.5% |
| Debt Ratio | -2% |
| Interest Coverage Ratio | +5.8% |
Conclusion
The latest financial report from Alliance Insurance indicates a strong performance in 2024, with significant growth in revenue and net income. The company's strategic decision to distribute a 30% cash dividend of the paid-up capital underscores its commitment to shareholder value. The improved debt ratio and interest coverage ratio further highlight Alliance Insurance's robust financial health, making it a promising prospect for investors.
Overall, Alliance Insurance's financial stability and growth trajectory suggest a positive outlook for the future, with potential for continued success in the coming years.
