Asia Insurance PLC. (DSE:ASIAINS)

Asia Insurance PLC. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	398.18	551.78	398.04	433	450.6	441.7
Total Interest & Dividend Income	81.83	84.13	68.01	75.35	66.42	74.68
Gain (Loss) on Sale of Investments	18.24	-26.77	0.87	-39	14.64	27.73
Other Revenue	48.45	48.59	50.4	57.48	73.38	68.83
Total Revenue	546.7	657.72	517.33	526.82	605.05	612.94
Revenue Growth (YoY)	-2.88%	27.14%	-1.80%	-12.93%	-1.29%	19.42%
Policy Benefits	41.23	136.63	105.27	105.35	127.39	171.16
Policy Acquisition & Underwriting Costs	80.06	94.09	94.15	96.45	49.08	93.87
Depreciation & Amortization	23.62	27.51	29.03	29.11	27.71	26.16
Selling, General & Administrative	173.23	169.42	158.27	156.09	152.31	147.08
Other Operating Expenses	6.17	6.17	2.69	1.2	1.35	2.8
Total Operating Expenses	327.31	436.83	392.91	391.7	361.85	444.56
Operating Income	219.39	220.9	124.42	135.12	243.2	168.37
Interest Expense	-2.52	-2.51	-2.31	-2.32	-2.38	-2.51
Currency Exchange Gain (Loss)	-	-	-	-2.68	-0.4	-
Other Non Operating Income (Expenses)	-2.32	-2.32	-1.87	-1.52	0.77	-0.31
EBT Excluding Unusual Items	214.55	216.07	120.24	128.6	241.18	165.55
Gain (Loss) on Sale of Assets	1.25	1.25	2.21	1.37	-	-
Pretax Income	215.8	217.32	122.45	129.97	241.18	165.55
Income Tax Expense	57.54	57.5	40.81	38.91	59.71	40.69
Net Income	158.26	159.82	81.64	91.06	181.47	124.86
Preferred Dividends & Other Adjustments	63.02	63.02	-13.38	-7.16	26.4	14.5
Net Income to Common	95.24	96.8	95.02	98.22	155.07	110.36
Net Income Growth	396.71%	95.77%	-10.35%	-49.82%	45.34%	76.65%
Shares Outstanding (Basic)	47	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47	47
EPS (Basic)	2.02	2.06	2.02	2.09	3.29	2.34
EPS (Diluted)	2.02	2.06	2.02	2.09	3.29	2.34
EPS Growth	110.51%	1.88%	-3.25%	-36.66%	40.52%	46.09%
Free Cash Flow	165.37	161.48	126.24	207.2	321.12	267.08
Free Cash Flow Per Share	3.51	3.43	2.68	4.40	6.82	5.67
Dividend Per Share	1.000	1.000	1.100	1.100	1.500	1.200
Dividend Growth	-9.09%	-9.09%	-	-26.67%	25.00%	20.00%
Operating Margin	40.13%	33.59%	24.05%	25.65%	40.20%	27.47%
Profit Margin	17.42%	14.72%	18.37%	18.64%	25.63%	18.00%
Free Cash Flow Margin	30.25%	24.55%	24.40%	39.33%	53.07%	43.57%
EBITDA	226.01	237.35	143.18	155.31	270.9	194.53
EBITDA Margin	41.34%	36.09%	27.68%	29.48%	44.77%	31.74%
D&A For EBITDA	6.62	16.46	18.77	20.19	27.71	26.16
EBIT	219.39	220.9	124.42	135.12	243.2	168.37
EBIT Margin	40.13%	33.59%	24.05%	25.65%	40.20%	27.47%
Effective Tax Rate	26.66%	26.46%	33.33%	29.94%	24.76%	24.58%

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