Challenger Limited (ASX:CGF)

Challenger Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Premiums & Annuity Revenue	750.5	635.8	438.9	290	1,601
Total Interest & Dividend Income	1,497	1,428	301.8	930.8	965.6
Gain (Loss) on Sale of Investments	219.1	428.6	74.9	-1,294	154.6
Non-Insurance Activities Revenue	-	-	62.1	263.1	213.5
Other Revenue	426.8	347	1,697	-519.9	391.7
Total Revenue	2,894	2,839	2,575	-330.4	3,326
Revenue Growth (YoY)	1.92%	10.25%	-	-	83.39%
Policy Benefits	1,050	959.2	772.1	-595.9	1,674
Policy Acquisition & Underwriting Costs	3.2	3.5	3.2	-	-
Depreciation & Amortization	17.5	13.8	14.5	13.8	15.3
Selling, General & Administrative	363.1	335.8	368	125.5	127.4
Non-Insurance Activities Expense	-5.8	-1	-0.6	224.2	215.6
Other Operating Expenses	-33.4	82.5	40.6	34.8	26
Total Operating Expenses	1,585	1,618	1,409	9.4	2,239
Operating Income	1,308	1,222	1,166	-339.8	1,087
Interest Expense	-1,033	-967.6	-689.7	-41.2	-323.7
Earnings From Equity Investments	-	-	25.3	38	35.2
Currency Exchange Gain (Loss)	69	-40.2	47.9	140.3	-78.6
Other Non Operating Income (Expenses)	-69	-75.5	-141.5	372.7	-4.2
EBT Excluding Unusual Items	275.3	138.3	407.9	170	716
Gain (Loss) on Sale of Assets	-	51.2	-	202.4	114.6
Asset Writedown	-	-	-165.7	-	-
Pretax Income	275.3	189.5	242.2	372.4	830.6
Income Tax Expense	83	55.2	62.8	108.1	238.3
Earnings From Continuing Ops.	192.3	134.3	179.4	264.3	592.3
Earnings From Discontinued Ops.	-	-4.6	-8	-10.6	-
Net Income to Company	192.3	129.7	171.4	253.7	592.3
Minority Interest in Earnings	-	0.2	-	-	-
Net Income	192.3	129.9	171.4	253.7	592.3
Net Income to Common	192.3	129.9	171.4	253.7	592.3
Net Income Growth	48.04%	-24.21%	-32.44%	-57.17%	-
Shares Outstanding (Basic)	687	685	682	676	672
Shares Outstanding (Diluted)	697	701	697	871	918
Shares Change (YoY)	-0.53%	0.52%	-19.98%	-5.08%	50.86%
EPS (Basic)	0.28	0.19	0.25	0.38	0.88
EPS (Diluted)	0.28	0.18	0.25	0.33	0.68
EPS Growth	49.19%	-24.80%	-25.67%	-51.36%	-
Free Cash Flow	399.4	1,050	1,283	2,484	2,564
Free Cash Flow Per Share	0.57	1.50	1.84	2.85	2.79
Dividend Per Share	0.295	0.265	0.240	0.230	0.200
Dividend Growth	11.32%	10.42%	4.35%	15.00%	14.29%
Operating Margin	45.21%	43.03%	45.28%	-	32.69%
Profit Margin	6.64%	4.58%	6.66%	-	17.81%
Free Cash Flow Margin	13.80%	36.97%	49.82%	-	77.08%
EBITDA	1,316	1,229	1,172	-334.3	1,092
EBITDA Margin	45.49%	43.27%	45.50%	-	32.84%
D&A For EBITDA	7.9	6.9	5.8	5.5	4.8
EBIT	1,308	1,222	1,166	-339.8	1,087
EBIT Margin	45.21%	43.03%	45.28%	-	32.69%
Effective Tax Rate	30.15%	29.13%	25.93%	29.03%	28.69%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.