Insurance Australia Group Limited (ASX: IAG)

Insurance Australia Group Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	8,926	8,272	7,986	7,845	7,696
Revenue Growth (YoY)	7.91%	3.58%	1.80%	1.94%	-4.73%
Cost of Revenue	0	0	0	0	-110
Gross Profit	8,926	8,272	7,986	7,845	7,806
Selling, General & Admin	230	169	386	193	193
Other Operating Expenses	-2,108	-2,617	-2,363	-2,256	-1,688
Operating Expenses	2,108	2,617	2,363	2,256	1,688
Operating Income	1,512	640	-334	579	1,389
Interest Income	145	93	89	92	301
Interest Expense	145	93	89	92	94
Other Expense / Income	251	153	218	107	157
Pretax Income	1,367	547	-423	487	1,295
Income Tax	429	140	-125	37	363
Net Income	832	347	-427	435	1,076
Net Income Growth	139.77%	-	-	-59.57%	13.62%
Shares Outstanding (Basic)	2,453	2,462	2,396	2,305	2,326
Shares Outstanding (Diluted)	2,845	2,760	2,396	2,515	2,519
Shares Change	3.08%	15.19%	-4.73%	-0.16%	2.87%
EPS (Basic)	0.34	0.14	-0.18	0.19	0.46
EPS (Diluted)	0.32	0.13	-0.18	0.18	0.45
EPS Growth	146.15%	-	-	-60.00%	15.38%
Free Cash Flow	452	-526	-799	381	589
Free Cash Flow Per Share	0.16	-0.19	-0.33	0.15	0.23
Gross Margin	100.00%	100.00%	100.00%	100.00%	101.43%
Operating Margin	16.94%	7.74%	-4.18%	7.38%	18.05%
Profit Margin	9.32%	4.19%	-5.35%	5.54%	13.98%
Free Cash Flow Margin	5.06%	-6.36%	-10.01%	4.86%	7.65%
Effective Tax Rate	31.38%	25.59%	-	7.60%	28.03%
EBITDA	-251	-153	45	-103	-155
EBITDA Margin	-2.81%	-1.85%	0.56%	-1.31%	-2.01%
Depreciation & Amortization	185	139	267	197	170
EBIT	-436	-292	-222	-300	-325
EBIT Margin	-4.88%	-3.53%	-2.78%	-3.82%	-4.22%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.