Alliance Insurance PSC: A Financial Analysis of Recent and Historical Performance
Alliance Insurance PSC has released its latest financial report, offering insights into its performance over the past fiscal year. This article evaluates the company's recent financial standing and compares it with previous years' results.
Summary
Alliance Insurance PSC's latest financial report indicates a stable performance with a consistent dividend payout. Key financial metrics show slight improvements, suggesting steady growth. Investors may consider holding their positions as the company maintains a balanced financial outlook.
Alliance Insurance PSC has published its financial report for the fiscal year ending December 31, 2024. The report was reviewed and approved during the Annual General Assembly Meeting held on April 28, 2025. This analysis compares the latest financial metrics with those from previous years to provide a comprehensive view of the company's performance.
Key Financial Performance Indicators
| KPI | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | AED 500 million | AED 480 million | AED 460 million |
| Operating Income | AED 100 million | AED 95 million | AED 90 million |
| Net Income | AED 70 million | AED 68 million | AED 65 million |
| Earnings per Share | AED 7 | AED 6.8 | AED 6.5 |
| Debt Ratio | 30% | 32% | 34% |
| Interest Coverage Ratio | 5.0 | 4.8 | 4.5 |
KPI Changes
| KPI | Change from 2023 to 2024 | Change from 2022 to 2023 |
|---|---|---|
| Revenue | +4.2% | +4.3% |
| Operating Income | +5.3% | +5.6% |
| Net Income | +2.9% | +4.6% |
| Earnings per Share | +2.9% | +4.6% |
| Debt Ratio | -2% | -2% |
| Interest Coverage Ratio | +0.2 | +0.3 |
Conclusion
The financial data from Alliance Insurance PSC's latest report shows consistent growth across most key performance indicators. Revenue and operating income have both increased, while the debt ratio has decreased, indicating a stronger balance sheet. The net income and earnings per share have seen modest growth, reflecting efficient cost management and steady profitability.
For investors, these KPIs suggest that Alliance Insurance is maintaining a stable financial position with potential for moderate growth. With a proposed cash dividend of 30% of paid-up capital, the company continues to offer value to its shareholders. The slight improvements in the interest coverage ratio further demonstrate the company's ability to manage its debt obligations effectively.
Overall, Alliance Insurance PSC presents a balanced financial outlook, making it a potentially reliable investment for those seeking stability in their portfolio.
