BH Assurance Income Statement

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

Millions TND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	152.76	152.65	132.99	122.41	110.14	91.4
Total Interest & Dividend Income	28.48	26.57	23.6	20.18	14.86	13.98
Gain (Loss) on Sale of Investments	-1.32	-1.15	1.18	-0.72	0.04	-2.09
Other Revenue	0.01	0.04	0.1	0.18	0.05	0.05
Total Revenue	179.92	178.11	157.86	142.05	125.09	103.34
Revenue Growth (YoY)	6.90%	12.83%	11.13%	13.56%	21.05%	8.42%
Policy Benefits	129.69	128.77	111.26	97.69	83.02	65.74
Policy Acquisition & Underwriting Costs	26.29	25.58	23.15	23.13	21.17	18.17
Selling, General & Administrative	23.88	22.81	20.67	18.99	18.05	19.23
Other Operating Expenses	2.19	1.47	-0.2	0.13	1.83	2.33
Reinsurance Income or Expense	19.13	17.08	16.2	16.18	14.33	15.16
Total Operating Expenses	162.92	161.54	138.68	123.76	109.75	90.31
Operating Income	17	16.57	19.18	18.29	15.35	13.03
Other Non Operating Income (Expenses)	-0	-0	0	-	-	-
EBT Excluding Unusual Items	17	16.57	19.18	18.29	15.35	13.03
Other Unusual Items	-1.37	-0.93	-2.08	-0.47	-0.17	-0.64
Pretax Income	15.63	15.64	17.1	17.82	15.17	12.39
Income Tax Expense	4.53	4.63	3.93	4.52	2.03	2.73
Net Income	11.1	11.01	13.18	13.31	13.15	9.66
Net Income to Common	11.1	11.01	13.18	13.31	13.15	9.66
Net Income Growth	-0.77%	-16.41%	-0.98%	1.21%	36.08%	1.63%
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
EPS (Basic)	4.17	4.14	4.95	5.00	4.94	3.63
EPS (Diluted)	4.17	4.14	4.95	5.00	4.94	3.63
EPS Growth	-0.77%	-16.41%	-0.98%	1.21%	36.08%	1.63%
Free Cash Flow	37.78	50.02	41.76	38.33	25.79	27.13
Free Cash Flow Per Share	14.20	18.81	15.70	14.41	9.70	10.20
Dividend Per Share	-	-	1.500	1.250	1.100	-
Dividend Growth	-	-	20.00%	13.64%	-	-
Operating Margin	9.45%	9.30%	12.15%	12.88%	12.27%	12.61%
Profit Margin	6.17%	6.18%	8.35%	9.37%	10.51%	9.35%
Free Cash Flow Margin	21.00%	28.08%	26.46%	26.98%	20.62%	26.25%
EBITDA	18	17.72	20.69	20.11	17.13	14.77
EBITDA Margin	10.00%	9.95%	13.11%	14.15%	13.69%	14.29%
D&A For EBITDA	0.99	1.15	1.51	1.81	1.78	1.74
EBIT	17	16.57	19.18	18.29	15.35	13.03
EBIT Margin	9.45%	9.30%	12.15%	12.88%	12.27%	12.61%
Effective Tax Rate	29.00%	29.59%	22.97%	25.34%	13.35%	22.03%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.