Porto Seguro S.A. (BVMF:PSSA3)

Porto Seguro Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	29,715	28,363	26,352	21,431	17,737	15,797
Total Interest & Dividend Income	1,751	1,751	2,117	1,467	1,618	1,950
Non-Insurance Activities Revenue	7,524	6,785	5,963	4,916	3,429	2,844
Other Revenue	294.95	251.75	202.46	54.16	100.58	119.46
Total Revenue	39,285	37,151	34,635	27,868	22,885	20,710
Revenue Growth (YoY)	5.88%	7.27%	24.28%	21.78%	10.50%	4.51%
Policy Benefits	22,757	21,670	20,091	17,819	10,125	7,907
Policy Acquisition & Underwriting Costs	-	-	-	-	3,698	3,475
Selling, General & Administrative	5,700	5,323	4,662	3,960	3,602	3,159
Non-Insurance Activities Expense	265.56	241.06	284.19	302.4	187.2	168.37
Other Operating Expenses	5,680	5,162	4,754	3,682	2,742	2,483
Total Operating Expenses	34,402	32,396	29,791	25,764	20,355	17,193
Operating Income	4,883	4,756	4,844	2,104	2,530	3,516
Interest Expense	-	-87.61	-316.94	-333.62	-93.41	-122.9
Currency Exchange Gain (Loss)	13.43	13.43	3.17	30.59	-	-
Other Non Operating Income (Expenses)	-443.84	-736.84	-986.94	-612.09	-996.67	-855.88
EBT Excluding Unusual Items	4,507	3,945	3,543	1,189	1,440	2,538
Gain (Loss) on Sale of Assets	-	-	-	133.49	275.42	67.5
Pretax Income	4,507	3,945	3,543	1,323	1,716	2,605
Income Tax Expense	1,338	1,254	1,228	165.26	171.49	917.01
Earnings From Continuing Ops.	3,169	2,691	2,315	1,157	1,544	1,688
Minority Interest in Earnings	-49.24	-45.94	-48.71	-17.44	-0.01	-0.03
Net Income	3,120	2,645	2,266	1,140	1,544	1,688
Net Income to Common	3,120	2,645	2,266	1,140	1,544	1,688
Net Income Growth	25.67%	16.71%	98.79%	-26.18%	-8.53%	22.41%
Shares Outstanding (Basic)	642	649	647	644	644	649
Shares Outstanding (Diluted)	642	649	647	644	644	649
Shares Change (YoY)	-0.46%	0.23%	0.45%	0.02%	-0.74%	0.41%
EPS (Basic)	4.86	4.08	3.50	1.77	2.40	2.60
EPS (Diluted)	4.86	4.08	3.50	1.77	2.40	2.60
EPS Growth	26.26%	16.44%	97.90%	-26.20%	-7.85%	21.91%
Free Cash Flow	2,199	2,312	-59.06	2,001	1,076	1,069
Free Cash Flow Per Share	3.43	3.56	-0.09	3.11	1.67	1.65
Dividend Per Share	1.081	1.081	1.464	-	0.977	-
Dividend Growth	-26.14%	-26.14%	-	-	-	-
Operating Margin	12.43%	12.80%	13.98%	7.55%	11.06%	16.98%
Profit Margin	7.94%	7.12%	6.54%	4.09%	6.75%	8.15%
Free Cash Flow Margin	5.60%	6.22%	-0.17%	7.18%	4.70%	5.16%
EBITDA	5,073	4,933	5,225	2,389	2,761	3,744
EBITDA Margin	12.91%	13.28%	15.09%	8.57%	12.06%	18.08%
D&A For EBITDA	189.94	177.24	381.46	284.25	230.31	227.89
EBIT	4,883	4,756	4,844	2,104	2,530	3,516
EBIT Margin	12.43%	12.80%	13.98%	7.55%	11.06%	16.98%
Effective Tax Rate	29.68%	31.79%	34.66%	12.49%	9.99%	35.20%
Revenue as Reported	37,629	35,495	32,598	26,603	21,602	18,877

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