WATANIA fundamentals.
▸ Extracted from the filings themselves — every figure links to the exact page it came from. Latest validated period: 2026-03-31. ← back to WATANIA
Headline trend
last 4 filed quarters| Metric | Q2 ’25 | Q3 ’25 | Q4 ’25 | Q1 ’26 |
|---|---|---|---|---|
| Revenue | AED 204.61mn p.5 | AED 251.19mn p.5 | — | AED 202.81mn p.5 |
| Net profit | AED 7.48mn p.5 | AED 14.50mn p.5 | — | — |
| Operating cash flow | — | — | — | AED 42.26mn p.7 |
| Total assets | AED 1.42bn p.4 | AED 1.40bn p.4 | AED 1.41bn p.11 | AED 1.44bn p.4 |
| Total equity | AED 232.42mn p.4 | AED 246.71mn p.4 | AED 262.02mn p.11 | AED 258.10mn p.4 |
▸ Flows (revenue, net profit, operating cash flow) are the discrete quarter; balance-sheet lines are point-in-time.
Full statements
latest filed periodBalance sheet
as of 2026-03-31| Investment properties | AED 76,717,000 | p.4 |
| Property and equipment | AED 10,125,000 | p.4 |
| Intangible assets | AED 33,750,000 | p.4 |
| Investments at fair value through other comprehensive income (FVTOCI) | AED 1,000,000 | p.4 |
| Investments at fair value through profit or loss (FVTPL) | AED 604,723,000 | p.4 |
| Retakaful contract assets | AED 258,429,000 | p.4 |
| Trade and other receivables | AED 36,303,000 | p.4 |
| cash | AED 421,765,000 | p.4 |
| total_assets | AED 1,442,812,000 | p.4 |
| Share capital | AED 260,156,000 | p.4 |
| Statutory reserve | AED 17,722,000 | p.4 |
| Restricted reserve | AED 9,441,000 | p.4 |
| Accumulated losses | AED -23,405,000 | p.4 |
| Treasury shares | AED -8,404,000 | p.4 |
| Reserves for treasury shares | AED 2,585,000 | p.4 |
| total_equity | AED 258,095,000 | p.4 |
| Employees' end of service benefits | AED 17,915,000 | p.4 |
| Deferred tax liability | AED 4,204,000 | p.4 |
| Lease liability | AED 4,428,000 | p.4 |
| Takaful contract liabilities | AED 925,624,000 | p.4 |
| Retakaful contract liabilities | AED 95,287,000 | p.4 |
| Trade and other payables | AED 34,565,000 | p.4 |
| Current tax liability | AED 2,694,000 | p.4 |
| Borrowings | AED 100,000,000 | p.4 |
| total_liabilities | AED 1,184,717,000 | p.4 |
| total_liabilities_and_equity | AED 1,442,812,000 | p.4 |
Cash flow
3-month to 2026-03-31| Loss before tax for the period | AED -5,557,000 | p.7 |
| Depreciation of property and equipment | AED 601,000 | p.7 |
| Amortisation of intangibles | AED 1,175,000 | p.7 |
| Unrealised loss on financial assets at FVTPL | AED 8,689,000 | p.7 |
| Realised (gain)/ loss on financial assets at FVTPL | AED -2,949,000 | p.7 |
| Income from dividends | AED -128,000 | p.7 |
| Income from deposits | AED -2,351,000 | p.7 |
| Income from investments held at amortized cost | AED -1,065,000 | p.7 |
| Finance cost | AED 1,140,000 | p.7 |
| Finance cost on lease liability | AED 73,000 | p.7 |
| Rental income | AED -1,216,000 | p.7 |
| (Release)/Provision for expected credit losses | AED -318,000 | p.7 |
| Provision for employees’ end of service benefits | AED 723,000 | p.7 |
| Operating cash flows before changes in working capital | AED -1,183,000 | p.7 |
| Change in trade and other receivables | AED 8,976,000 | p.7 |
| Change in Retakaful contract assets and liabilities – net | AED 4,245,000 | p.7 |
| Change in takaful contract assets and liabilities – net | AED 44,575,000 | p.7 |
| Change in trade and other payables | AED -14,172,000 | p.7 |
| Cash generated from operations | AED 42,441,000 | p.7 |
| Employee’s end of service benefits paid | AED -185,000 | p.7 |
| ocf | AED 42,256,000 | p.7 |
| capex | AED -20,000 | p.7 |
| Proceeds from sale of investments carried at FVTPL | AED 68,048,000 | p.7 |
| Purchase of equity investments carried at FVTPL | AED -122,590,000 | p.7 |
| Income received on deposits | AED 5,431,000 | p.7 |
| Income received on investment held at amortised cost | AED 4,403,000 | p.7 |
| Proceeds from redemption of investment held at amortised cost | AED 248,000 | p.7 |
| Rental income received | AED 1,908,000 | p.7 |
| Dividend received | AED 46,000 | p.7 |
| Change in wakala deposits – net | AED 34,001,000 | p.7 |
| Net cash used in investing activities | AED -8,525,000 | p.7 |
| Sale/(purchase) of treasury shares | AED 1,054,000 | p.8 |
| Lease payments | AED -27,000 | p.8 |
| Finance costs paid | AED -1,140,000 | p.8 |
| Net cash (used in)/ generated from financing activities | AED -113,000 | p.8 |
| Net change in cash and cash equivalents | AED 33,618,000 | p.8 |
| Cash and cash equivalents, beginning of period | AED 128,111,000 | p.8 |
| Cash and cash equivalents, end of period (note 8) | AED 161,729,000 | p.8 |
Income statement
3-month to 2026-03-31| revenue | AED 202,807,000 | p.5 |
| Takaful service expenses | AED -164,955,000 | p.5 |
| Takaful service result before retakaful contracts held | AED 37,852,000 | p.5 |
| Allocation of retakaful contributions | AED -84,778,000 | p.5 |
| Amounts recoverable from retakaful for incurred claims | AED 46,721,000 | p.5 |
| Net expense from retakaful contracts held | AED -38,057,000 | p.5 |
| Takaful service result | AED -205,000 | p.5 |
| Finance income for takaful contracts issued | AED 5,364,000 | p.5 |
| Finance income for retakaful contracts held | AED 4,165,000 | p.5 |
| Takaful financial result | AED 9,529,000 | p.5 |
| Net takaful income | AED 9,324,000 | p.5 |
| Net fair value loss on assets held at FVTPL (unit-linked) | AED -7,775,000 | p.5 |
| Investment (loss)/income | AED -1,539,000 | p.5 |
| Total investment and other loss | AED -9,314,000 | p.5 |
| Net takaful and finance result | AED 10,000 | p.5 |
| General and administrative expenses | AED -3,578,000 | p.5 |
| Amortisation of intangibles | AED -817,000 | p.5 |
| interest_expense | AED -1,140,000 | p.5 |
| Other (expense)/ income | AED -32,000 | p.5 |
| Loss for the period before tax | AED -5,557,000 | p.5 |
| Income tax credit | AED 582,000 | p.5 |
| Loss for the period after tax | AED -4,975,000 | p.5 |
| Total comprehensive loss for the period | AED -4,975,000 | p.5 |
| Basic and diluted | AED -19 | p.5 |