Mapfre Perú Compañía de Seguros y Reaseguros S.A. (BVL:MAPFSGC1)

BVL:MAPFSGC1 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,944	1,880	1,744	1,462	1,333	434.83
Total Interest & Dividend Income	170.83	170.78	157.14	123.02	100.54	66.04
Gain (Loss) on Sale of Investments	-11.65	-1.23	-4.85	-13.76	-19.7	-1.5
Other Revenue	127.16	122.19	116.36	107.47	166.73	76.18
Total Revenue	2,230	2,171	2,012	1,678	1,581	575.55
Revenue Growth (YoY)	6.89%	7.90%	19.90%	6.17%	174.69%	-0.45%
Policy Benefits	602.55	603.22	664.91	485.18	500.76	116.02
Policy Acquisition & Underwriting Costs	750.33	707.73	629.97	563.19	423.47	190.96
Amortization of Goodwill & Intangibles	26.37	22.32	14.76	13.39	11.02	0.13
Depreciation & Amortization	15.75	12.87	11.56	12.29	10.32	3.21
Selling, General & Administrative	110.94	141.01	125.08	147.2	102.69	87.93
Provision for Bad Debts	-1.41	-0.46	2.99	-0.1	2.71	3.18
Other Operating Expenses	333.29	328.62	258.83	149.22	232.77	61.18
Total Operating Expenses	2,063	1,997	1,866	1,524	1,446	517.55
Operating Income	166.84	173.95	146.89	154.12	134.93	57.99
Interest Expense	-1.83	-1.46	-1.45	-1.66	-1.89	-0.1
Currency Exchange Gain (Loss)	-0.92	-2.3	-1.16	3.83	1.25	-3.04
EBT Excluding Unusual Items	164.09	170.19	144.28	156.29	134.29	54.85
Gain (Loss) on Sale of Investments	-	-	-	-	-5.64	-5.21
Gain (Loss) on Sale of Assets	42.75	41.03	3.43	0.19	1.86	12.55
Asset Writedown	-0.01	-	-	0.53	0.58	-0.05
Pretax Income	206.83	211.22	147.7	157.01	131.09	62.13
Income Tax Expense	17.5	14.59	2.41	-28.34	19.99	-2.11
Net Income	189.33	196.63	145.29	185.34	111.1	64.25
Net Income to Common	189.33	196.63	145.29	185.34	111.1	64.25
Net Income Growth	11.94%	35.33%	-21.61%	66.82%	72.93%	2.78%
Shares Outstanding (Basic)	635	636	636	636	636	183
Shares Outstanding (Diluted)	635	636	636	636	636	183
Shares Change (YoY)	-0.32%	-	-	-	246.65%	-
EPS (Basic)	0.30	0.31	0.23	0.29	0.17	0.35
EPS (Diluted)	0.30	0.31	0.23	0.29	0.17	0.35
EPS Growth	12.30%	35.33%	-21.55%	66.70%	-50.11%	2.78%
Free Cash Flow	716.6	615.4	433.35	565.25	353.53	239.08
Free Cash Flow Per Share	1.13	0.97	0.68	0.89	0.56	1.30
Dividend Per Share	0.142	0.142	-	0.063	-	-
Operating Margin	7.48%	8.01%	7.30%	9.18%	8.54%	10.08%
Profit Margin	8.49%	9.05%	7.22%	11.04%	7.03%	11.16%
Free Cash Flow Margin	32.13%	28.34%	21.53%	33.68%	22.36%	41.54%
EBITDA	177.76	189.35	160.91	166.99	146.2	61.45
EBITDA Margin	7.97%	8.72%	8.00%	9.95%	9.25%	10.68%
D&A For EBITDA	10.92	15.4	14.02	12.87	11.27	3.45
EBIT	166.84	173.95	146.89	154.12	134.93	57.99
EBIT Margin	7.48%	8.01%	7.30%	9.18%	8.54%	10.08%
Effective Tax Rate	8.46%	6.91%	1.63%	-	15.25%	-

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.