Stock Analysis
- Saudi Arabia
- /
- Insurance
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- SASE:8280
Liva Insurance Full Year 2023 Earnings: EPS: ر.س0.28 (vs ر.س1.22 loss in FY 2022)
Liva Insurance (TADAWUL:8280) Full Year 2023 Results
Key Financial Results
- Revenue: ر.س538.6m (up 110% from FY 2022).
- Net income: ر.س11.3m (up from ر.س48.8m loss in FY 2022).
- Profit margin: 2.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
- EPS: ر.س0.28 (up from ر.س1.22 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Liva Insurance shares are down 6.0% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Liva Insurance that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether Liva Insurance is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SASE:8280
Liva Insurance
Liva Insurance Company engages in the insurance and reinsurance businesses primarily in the Kingdom of Saudi Arabia.
Excellent balance sheet with questionable track record.