Société Tunisienne d'Assurances et de Réassurances (BVMT:STAR)

BVMT:STAR Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	379.58	351.92	343.55	330.59	326.25
Total Interest & Dividend Income	96.84	96.47	91.25	80.91	65.77
Gain (Loss) on Sale of Investments	1.09	3.73	7.41	-3.23	0.17
Other Revenue	5.95	16.3	3.86	5.81	1.14
Total Revenue	483.46	468.41	446.06	414.08	393.32
Revenue Growth (YoY)	3.21%	5.01%	7.72%	5.28%	-5.46%
Policy Benefits	335.42	330.02	324.58	301.75	286.03
Policy Acquisition & Underwriting Costs	67.29	60.59	57.87	56.42	50.19
Selling, General & Administrative	26.15	24.07	20.98	29.64	28.58
Other Operating Expenses	25.16	27.4	18.92	13.73	19.45
Reinsurance Income or Expense	11.1	8.99	6.44	9.33	8.49
Total Operating Expenses	442.92	433.08	415.9	392.21	375.76
Operating Income	40.53	35.33	30.16	21.88	17.56
Other Non Operating Income (Expenses)	-	-0	-	0	0
EBT Excluding Unusual Items	40.53	35.33	30.16	21.88	17.56
Other Unusual Items	-2.22	-1.24	-0	-0.01	-0.35
Pretax Income	38.31	34.1	30.16	21.87	17.2
Income Tax Expense	10.82	10.82	0.82	0.82	0.81
Earnings From Continuing Ops.	27.49	23.27	29.34	21.06	16.4
Minority Interest in Earnings	-0	-0	-0	-	-
Net Income	27.49	23.27	29.34	21.06	16.4
Net Income to Common	27.49	23.27	29.34	21.06	16.4
Net Income Growth	18.14%	-20.69%	39.35%	28.40%	-25.66%
Shares Outstanding (Basic)	2	-	2	2	2
Shares Outstanding (Diluted)	2	-	2	2	2
EPS (Basic)	11.91	-	12.71	9.12	7.11
EPS (Diluted)	11.91	-	12.71	9.12	7.11
EPS Growth	-	-	39.35%	28.40%	-25.66%
Free Cash Flow	60.07	9.75	-100.77	30.5	55.09
Free Cash Flow Per Share	26.03	-	-43.66	13.22	23.87
Dividend Per Share	8.397	-	6.220	3.650	-
Dividend Growth	-	-	70.41%	-	-
Operating Margin	8.38%	7.54%	6.76%	5.28%	4.46%
Profit Margin	5.69%	4.97%	6.58%	5.08%	4.17%
Free Cash Flow Margin	12.43%	2.08%	-22.59%	7.37%	14.01%
EBITDA	-	-	-	23.67	19.35
EBITDA Margin	-	-	-	5.72%	4.92%
D&A For EBITDA	-	-	-	1.79	1.79
EBIT	40.53	35.33	30.16	21.88	17.56
EBIT Margin	8.38%	7.54%	6.76%	5.28%	4.46%
Effective Tax Rate	28.23%	31.75%	2.72%	3.74%	4.68%

Updated Sep 4, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.