BAX:ARIG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	1.02	1.62	1.17	4.78	13.8
Total Interest & Dividend Income	11.7	16.9	15.46	15.19	8.33
Gain (Loss) on Sale of Investments	-0.21	-0.29	0.66	-6.07	1.15
Other Revenue	0.02	0.03	-0.02	0.06	0.13
Total Revenue	12.53	18.26	17.27	13.96	23.41
Revenue Growth (YoY)	-31.39%	5.72%	23.69%	-40.35%	-68.11%
Policy Benefits	5.68	-5.35	-1.44	-15.58	-14.96
Policy Acquisition & Underwriting Costs	-	-	-	-	2.47
Selling, General & Administrative	-	-	-	0.77	10.99
Provision for Bad Debts	-	-	0.06	0.05	-
Other Operating Expenses	0.82	2.57	2.28	2.81	1.34
Total Operating Expenses	6.5	-2.77	0.91	-11.95	-0.17
Operating Income	6.03	21.03	16.36	25.91	23.57
Interest Expense	-3.09	-5.58	-5.91	-1.79	-
Currency Exchange Gain (Loss)	0.14	-0.08	0.39	-1.21	-2.77
Other Non Operating Income (Expenses)	1.03	11.02	2.41	6.27	3.47
EBT Excluding Unusual Items	4.11	26.39	13.25	29.19	24.27
Gain (Loss) on Sale of Assets	-	-	1.07	-	-
Asset Writedown	-0.42	-	-	0.28	0.14
Pretax Income	3.69	26.39	14.32	29.47	24.41
Earnings From Continuing Ops.	3.69	26.39	14.32	29.47	24.41
Minority Interest in Earnings	0.22	0.05	-0.35	-0.28	-0.35
Net Income	3.91	26.44	13.98	29.18	24.07
Net Income to Common	3.91	26.44	13.98	29.18	24.07
Net Income Growth	-85.20%	89.17%	-52.10%	21.27%	77.50%
Shares Outstanding (Basic)	198	198	198	198	198
Shares Outstanding (Diluted)	198	198	198	198	198
Shares Change (YoY)	-	-	-	-	0.04%
EPS (Basic)	0.02	0.13	0.07	0.15	0.12
EPS (Diluted)	0.02	0.13	0.07	0.15	0.12
EPS Growth	-85.20%	89.17%	-52.10%	21.27%	77.42%
Free Cash Flow	-2.86	-6.44	-14.95	-24.02	-81.26
Free Cash Flow Per Share	-0.01	-0.03	-0.07	-0.12	-0.41
Dividend Per Share	0.033	0.125	0.200	0.050	0.025
Dividend Growth	-74.00%	-37.50%	300.00%	100.00%	-
Operating Margin	48.13%	115.19%	94.73%	185.60%	100.70%
Profit Margin	31.24%	144.83%	80.94%	209.02%	102.81%
Free Cash Flow Margin	-22.80%	-35.26%	-86.57%	-172.06%	-347.13%
EBITDA	6.38	21.35	16.87	26.4	24.15
EBITDA Margin	50.91%	116.96%	97.69%	189.11%	103.18%
D&A For EBITDA	0.35	0.32	0.51	0.49	0.58
EBIT	6.03	21.03	16.36	25.91	23.57
EBIT Margin	48.13%	115.19%	94.73%	185.60%	100.70%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.