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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	539.02	551.78	398.04	433	450.6	441.7
Total Interest & Dividend Income	93.33	84.13	68.01	75.35	66.42	74.68
Gain (Loss) on Sale of Investments	-18.79	-26.77	0.87	-39	14.64	27.73
Other Revenue	47.28	48.59	50.4	57.48	73.38	68.83
Total Revenue	660.83	657.72	517.33	526.82	605.05	612.94
Revenue Growth (YoY)	18.04%	27.14%	-1.80%	-12.93%	-1.29%	19.42%
Policy Benefits	141.63	136.63	105.27	105.35	127.39	171.16
Policy Acquisition & Underwriting Costs	94.37	94.09	94.15	96.45	49.08	93.87
Depreciation & Amortization	26.22	27.51	29.03	29.11	27.71	26.16
Selling, General & Administrative	168.86	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	440.25	436.83	392.91	391.7	361.85	444.56
Operating Income	220.58	220.9	124.42	135.12	243.2	168.37
Interest Expense	-2.59	-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	215.67	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	216.92	217.32	122.45	129.97	241.18	165.55
Income Tax Expense	55.73	57.5	40.81	38.91	59.71	40.69
Net Income	161.2	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	98.17	96.8	95.02	98.22	155.07	110.36
Net Income Growth	80.98%	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)	2.09	2.06	2.02	2.09	3.29	2.34
EPS (Diluted)	2.09	2.06	2.02	2.09	3.29	2.34
EPS Growth	-4.17%	1.88%	-3.25%	-36.66%	40.52%	46.09%
Free Cash Flow	179.1	161.48	126.24	207.2	321.12	267.08
Free Cash Flow Per Share	3.81	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	33.38%	33.59%	24.05%	25.65%	40.20%	27.47%
Profit Margin	14.86%	14.72%	18.37%	18.64%	25.63%	18.00%
Free Cash Flow Margin	27.10%	24.55%	24.40%	39.33%	53.07%	43.57%
EBITDA	235.75	237.35	143.18	155.31	270.9	194.53
EBITDA Margin	35.68%	36.09%	27.68%	29.48%	44.77%	31.74%
D&A For EBITDA	15.17	16.46	18.77	20.19	27.71	26.16
EBIT	220.58	220.9	124.42	135.12	243.2	168.37
EBIT Margin	33.38%	33.59%	24.05%	25.65%	40.20%	27.47%
Effective Tax Rate	25.69%	26.46%	33.33%	29.94%	24.76%	24.58%

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