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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	396.16	551.78	398.04	433	450.6	441.7
Total Interest & Dividend Income	95.95	84.13	68.01	75.35	66.42	74.68
Gain (Loss) on Sale of Investments	2.7	-26.77	0.87	-39	14.64	27.73
Other Revenue	50.74	48.59	50.4	57.48	73.38	68.83
Total Revenue	545.55	657.72	517.33	526.82	605.05	612.94
Revenue Growth (YoY)	-1.79%	27.14%	-1.80%	-12.93%	-1.29%	19.42%
Policy Benefits	57.05	136.63	105.27	105.35	127.39	171.16
Policy Acquisition & Underwriting Costs	85.51	94.09	94.15	96.45	49.08	93.87
Depreciation & Amortization	24.92	27.51	29.03	29.11	27.71	26.16
Selling, General & Administrative	169.89	169.42	158.27	156.09	152.31	147.08
Other Operating Expenses	5.54	6.17	2.69	1.2	1.35	2.8
Total Operating Expenses	345.92	436.83	392.91	391.7	361.85	444.56
Operating Income	199.63	220.9	124.42	135.12	243.2	168.37
Interest Expense	-2.56	-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	194.76	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	196.01	217.32	122.45	129.97	241.18	165.55
Income Tax Expense	53.46	57.5	40.81	38.91	59.71	40.69
Net Income	142.54	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	79.52	96.8	95.02	98.22	155.07	110.36
Net Income Growth	156.81%	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)	1.69	2.06	2.02	2.09	3.29	2.34
EPS (Diluted)	1.69	2.06	2.02	2.09	3.29	2.34
EPS Growth	15.42%	1.88%	-3.25%	-36.66%	40.52%	46.09%
Free Cash Flow	96.82	161.48	126.24	207.2	321.12	267.08
Free Cash Flow Per Share	2.06	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	36.59%	33.59%	24.05%	25.65%	40.20%	27.47%
Profit Margin	14.58%	14.72%	18.37%	18.64%	25.63%	18.00%
Free Cash Flow Margin	17.75%	24.55%	24.40%	39.33%	53.07%	43.57%
EBITDA	209.54	237.35	143.18	155.31	270.9	194.53
EBITDA Margin	38.41%	36.09%	27.68%	29.48%	44.77%	31.74%
D&A For EBITDA	9.9	16.46	18.77	20.19	27.71	26.16
EBIT	199.63	220.9	124.42	135.12	243.2	168.37
EBIT Margin	36.59%	33.59%	24.05%	25.65%	40.20%	27.47%
Effective Tax Rate	27.28%	26.46%	33.33%	29.94%	24.76%	24.58%

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