Odontoprev S.A. (BVMF: ODPV3)

Odontoprev Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	2,200	2,084	1,847	1,923	1,848	1,871
Total Interest & Dividend Income	129.56	126.19	88.84	54.28	21.08	33.13
Non-Insurance Activities Revenue	54.54	51.56	21.89	16.41	13.45	16.65
Total Revenue	2,384	2,261	1,958	1,994	1,883	1,920
Revenue Growth (YoY)	9.14%	15.49%	-1.79%	5.91%	-1.97%	11.65%
Policy Benefits	822.49	778.04	735.47	700.38	661.48	786.98
Policy Acquisition & Underwriting Costs	246.4	244.1	245.26	-	-	-
Depreciation & Amortization	6.63	4.73	2.07	5.82	5.11	5.5
Selling, General & Administrative	69.61	57.58	30.71	516.53	470	499.37
Provision for Bad Debts	-38.75	0.9	0.88	48.92	48.66	78.76
Other Operating Expenses	421.42	370.53	347.58	123.77	143.16	97.2
Total Operating Expenses	1,563	1,491	1,389	1,437	1,353	1,505
Operating Income	821.75	770.07	568.98	556.8	529.13	415.05
Interest Expense	-5.49	-3.74	-6.08	-2.7	-2.82	-2.26
Earnings From Equity Investments	3.93	4.15	6.13	6.56	6.67	5.04
Other Non Operating Income (Expenses)	-55.27	-44.11	-45.09	-12.36	-13.11	-11.47
EBT Excluding Unusual Items	764.92	726.37	523.94	548.3	519.87	406.36
Gain (Loss) on Sale of Assets	-3.72	-1.98	-6.64	-1.12	0.14	-0.64
Pretax Income	761.2	724.39	517.29	547.18	520.01	405.72
Income Tax Expense	222.05	212.8	151.05	165.84	160.29	120.9
Earnings From Continuing Ops.	539.15	511.59	366.25	381.34	359.72	284.82
Minority Interest in Earnings	0.02	-0.2	-0.39	-0.98	1.41	-0.06
Net Income	539.17	511.39	365.86	380.36	361.13	284.76
Net Income to Common	539.17	511.39	365.86	380.36	361.13	284.76
Net Income Growth	15.64%	39.78%	-3.81%	5.33%	26.82%	-0.01%
Shares Outstanding (Basic)	551	552	553	579	583	583
Shares Outstanding (Diluted)	551	552	553	580	584	585
Shares Change (YoY)	-2.77%	-0.08%	-4.68%	-0.72%	-0.06%	-0.18%
EPS (Basic)	0.98	0.93	0.66	0.66	0.62	0.49
EPS (Diluted)	0.98	0.93	0.66	0.66	0.62	0.49
EPS Growth	18.93%	39.89%	0.91%	6.08%	26.89%	0.16%
Free Cash Flow	363.22	406.96	686.19	852.87	295.34	297.77
Free Cash Flow Per Share	0.66	0.74	1.24	1.47	0.51	0.51
Dividend Per Share	0.651	0.900	0.433	0.327	0.571	0.342
Dividend Growth	35.78%	108.05%	32.52%	-42.83%	67.09%	14.89%
Operating Margin	34.47%	34.05%	29.06%	27.93%	28.11%	21.61%
Profit Margin	22.61%	22.61%	18.68%	19.08%	19.18%	14.83%
Free Cash Flow Margin	15.23%	18.00%	35.04%	42.78%	15.69%	15.51%
EBITDA	813.96	788.07	601.37	614.56	553.97	436.04
EBITDA Margin	34.14%	34.85%	30.71%	30.82%	29.43%	22.71%
D&A For EBITDA	-7.79	18	32.4	57.76	24.85	20.99
EBIT	821.75	770.07	568.98	556.8	529.13	415.05
EBIT Margin	34.47%	34.05%	29.06%	27.93%	28.11%	21.61%
Effective Tax Rate	29.17%	29.38%	29.20%	30.31%	30.82%	29.80%

Source: S&P Capital IQ. Insurance template. Financial Sources.