Atlantic Insurance Company Public Limited (CYS: ATL)

CYS: ATL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	21.2	20.2	19	17.97	18.33	17.92
Total Interest & Dividend Income	1.38	1.16	1.76	0.98	0.94	1.04
Gain (Loss) on Sale of Investments	6.37	6.37	0.87	7.06	-2.12	2.48
Non-Insurance Activities Revenue	0.97	0.81	0.52	0.52	0.39	0.32
Other Revenue	0.19	0.18	0.08	0.99	0.93	0.89
Total Revenue	30.11	28.71	22.22	27.51	18.48	22.65
Revenue Growth (YoY)	27.17%	29.20%	-19.23%	48.90%	-18.41%	40.85%
Policy Benefits	9.5	8.77	9.81	8.4	7.51	9.43
Policy Acquisition & Underwriting Costs	3.4	3.4	3.26	1.24	1.31	1.22
Selling, General & Administrative	-	-	-	5.29	4.93	4.71
Non-Insurance Activities Expense	0.32	0.23	0.04	0.09	0.05	0.03
Other Operating Expenses	2.7	2.71	2.63	-	-	-
Total Operating Expenses	15.92	15.11	15.73	15.01	13.79	15.39
Operating Income	14.19	13.6	6.49	12.5	4.69	7.25
Currency Exchange Gain (Loss)	0	0.01	0.08	0.03	0	0.01
Other Non Operating Income (Expenses)	-0	-	-	-	-	-
EBT Excluding Unusual Items	14.19	13.61	6.57	12.53	4.69	7.26
Gain (Loss) on Sale of Assets	-	0	0	-	0	0.48
Asset Writedown	0.17	0.17	0.15	-0.06	-0.28	-0.16
Other Unusual Items	-	-	-	-	0.2	-
Pretax Income	12.62	13.78	6.72	12.47	4.61	7.57
Income Tax Expense	0.95	0.91	0.67	0.61	0.87	0.67
Earnings From Continuing Ops.	11.68	12.87	6.06	11.86	3.75	6.9
Minority Interest in Earnings	-0.1	-0.09	-0.05	-0.07	0	-0.02
Net Income	11.58	12.78	6.01	11.79	3.75	6.88
Net Income to Common	11.58	12.78	6.01	11.79	3.75	6.88
Net Income Growth	5.33%	112.77%	-49.03%	214.66%	-45.58%	290.03%
Shares Outstanding (Basic)	39	39	39	39	39	39
Shares Outstanding (Diluted)	39	39	39	39	39	39
Shares Change (YoY)	-	-	-	-	-0.04%	-0.39%
EPS (Basic)	0.30	0.33	0.15	0.30	0.10	0.18
EPS (Diluted)	0.30	0.33	0.15	0.30	0.10	0.18
EPS Growth	5.33%	112.77%	-49.03%	214.66%	-45.56%	291.54%
Free Cash Flow	8.6	4.44	4.85	5.76	3.78	5.63
Free Cash Flow Per Share	0.22	0.11	0.12	0.15	0.10	0.14
Dividend Per Share	0.140	0.140	0.120	0.085	0.085	0.065
Dividend Growth	16.67%	16.67%	41.18%	0%	30.77%	-31.58%
Operating Margin	47.13%	47.38%	29.20%	45.43%	25.36%	32.03%
Profit Margin	38.44%	44.53%	27.04%	42.84%	20.27%	30.40%
Free Cash Flow Margin	28.57%	15.48%	21.81%	20.92%	20.47%	24.85%
EBITDA	14.5	13.92	6.74	12.75	4.98	7.48
EBITDA Margin	48.16%	48.49%	30.34%	46.33%	26.93%	33.03%
D&A For EBITDA	0.31	0.32	0.25	0.25	0.29	0.23
EBIT	14.19	13.6	6.49	12.5	4.69	7.25
EBIT Margin	47.13%	47.38%	29.20%	45.43%	25.36%	32.03%
Effective Tax Rate	7.49%	6.58%	9.89%	4.92%	18.76%	8.85%
Revenue as Reported	-	-	-	19.47	19.66	19.13

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