BVMT:AST Income Statement

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

Millions TND. 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	221.22	205.72	189.51	192.37	144.45
Total Interest & Dividend Income	51.88	53.34	49.81	34.1	36.55
Gain (Loss) on Sale of Investments	8.22	3.56	4.18	4.08	1.87
Other Revenue	0.15	0.63	0.22	0.5	0.38
Total Revenue	281.47	263.26	243.72	231.04	183.25
Revenue Growth (YoY)	6.92%	8.02%	5.49%	26.08%	3.77%
Policy Benefits	200.95	188.43	174.61	177.3	133.01
Policy Acquisition & Underwriting Costs	18.96	17.55	17.04	15.19	14.2
Selling, General & Administrative	20.17	18.5	16.81	16.07	14.18
Other Operating Expenses	8.17	8.49	10.14	9.1	12.43
Reinsurance Income or Expense	12.11	11.93	10.17	7.77	8.84
Total Operating Expenses	236.14	221.04	208.43	209.9	164.98
Operating Income	45.33	42.21	35.29	21.14	18.28
Other Non Operating Income (Expenses)	0	0	-	2.91	7.7
EBT Excluding Unusual Items	45.33	42.21	35.29	24.05	25.98
Other Unusual Items	0.14	-2.26	-1.73	-0.71	-0.08
Pretax Income	45.47	39.95	33.57	23.34	25.9
Income Tax Expense	10.7	10.97	10.89	6.24	4.84
Net Income	34.77	28.99	22.68	17.1	21.06
Net Income to Common	34.77	28.99	22.68	17.1	21.06
Net Income Growth	19.95%	27.81%	32.59%	-18.77%	-17.51%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
EPS (Basic)	5.79	4.83	3.78	2.85	3.51
EPS (Diluted)	5.79	4.83	3.78	2.85	3.51
EPS Growth	19.95%	27.81%	32.59%	-18.77%	-17.51%
Free Cash Flow	17.95	15.42	13.55	13.44	16.25
Free Cash Flow Per Share	2.99	2.57	2.26	2.24	2.71
Dividend Per Share	-	-	2.200	2.000	2.800
Dividend Growth	-	-	10.00%	-28.57%	-
Operating Margin	16.11%	16.04%	14.48%	9.15%	9.97%
Profit Margin	12.35%	11.01%	9.30%	7.40%	11.49%
Free Cash Flow Margin	6.38%	5.86%	5.56%	5.82%	8.87%
EBITDA	46.07	43.19	36.27	22.07	18.95
EBITDA Margin	16.37%	16.41%	14.88%	9.55%	10.34%
D&A For EBITDA	0.74	0.98	0.98	0.93	0.68
EBIT	45.33	42.21	35.29	21.14	18.28
EBIT Margin	16.11%	16.04%	14.48%	9.15%	9.97%
Effective Tax Rate	23.54%	27.45%	32.44%	26.72%	18.70%