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	11.66	-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	540.11	657.72	517.33	526.82	605.05	612.94
Revenue Growth (YoY)	-5.23%	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	176.69	169.42	158.27	156.09	152.31	147.08
Other Operating Expenses	3.85	6.17	2.69	1.2	1.35	2.8
Total Operating Expenses	328.45	436.83	392.91	391.7	361.85	444.56
Operating Income	211.66	220.9	124.42	135.12	243.2	168.37
Interest Expense	-1.37	-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	207.97	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	110.01%	1.88%	-3.25%	-36.66%	40.52%	46.09%
Free Cash Flow	129.1	161.48	126.24	207.2	321.12	267.08
Free Cash Flow Per Share	2.74	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	39.19%	33.59%	24.05%	25.65%	40.20%	27.47%
Profit Margin	17.63%	14.72%	18.37%	18.64%	25.63%	18.00%
Free Cash Flow Margin	23.90%	24.55%	24.40%	39.33%	53.07%	43.57%
EBITDA	224.23	237.35	143.18	155.31	270.9	194.53
EBITDA Margin	41.52%	36.09%	27.68%	29.48%	44.77%	31.74%
D&A For EBITDA	12.57	16.46	18.77	20.19	27.71	26.16
EBIT	211.66	220.9	124.42	135.12	243.2	168.37
EBIT Margin	39.19%	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.