Asia Insurance PLC. Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	455.52	551.78	398.04	433	450.6
Total Interest & Dividend Income	81.31	84.13	68.01	75.35	66.42
Gain (Loss) on Sale of Investments	-6.95	-26.77	0.87	-39	14.64
Other Revenue	48.55	48.59	50.4	57.48	73.38
Total Revenue	578.43	657.72	517.33	526.82	605.05
Revenue Growth (YoY)	-12.05%	27.14%	-1.80%	-12.93%	-1.29%
Policy Benefits	142.16	136.63	105.27	105.35	127.39
Policy Acquisition & Underwriting Costs	-83.17	94.09	94.15	96.45	49.08
Depreciation & Amortization	22.45	27.51	29.03	29.11	27.71
Selling, General & Administrative	171.07	169.42	158.27	156.09	152.31
Other Operating Expenses	4.92	6.17	2.69	1.2	1.35
Total Operating Expenses	259.43	436.83	392.91	391.7	361.85
Operating Income	319	220.9	124.42	135.12	243.2
Interest Expense	-2.09	-2.51	-2.31	-2.32	-2.38
Currency Exchange Gain (Loss)	-	-	-	-2.68	-0.4
Other Non Operating Income (Expenses)	-1.71	-2.32	-1.87	-1.52	0.77
EBT Excluding Unusual Items	315.19	216.07	120.24	128.6	241.18
Gain (Loss) on Sale of Assets	-	1.25	2.21	1.37	-
Pretax Income	315.19	217.32	122.45	129.97	241.18
Income Tax Expense	55.27	57.5	40.81	38.91	59.71
Net Income	259.92	159.82	81.64	91.06	181.47
Preferred Dividends & Other Adjustments	161.76	63.02	-13.38	-7.16	26.4
Net Income to Common	98.16	96.8	95.02	98.22	155.07
Net Income Growth	62.63%	95.77%	-10.35%	-49.82%	45.34%
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47
EPS (Basic)	2.09	2.06	2.02	2.09	3.29
EPS (Diluted)	2.09	2.06	2.02	2.09	3.29
EPS Growth	1.40%	1.88%	-3.25%	-36.66%	40.52%
Free Cash Flow	88.45	132.07	126.24	207.2	321.12
Free Cash Flow Per Share	1.88	2.81	2.68	4.40	6.82
Dividend Per Share	1.000	1.000	1.100	1.100	1.500
Dividend Growth	-	-9.09%	-	-26.67%	25.00%
Operating Margin	55.15%	33.59%	24.05%	25.65%	40.20%
Profit Margin	16.97%	14.72%	18.37%	18.64%	25.63%
Free Cash Flow Margin	15.29%	20.08%	24.40%	39.33%	53.07%
EBITDA	333.44	237.35	143.18	155.31	270.9
EBITDA Margin	57.65%	36.09%	27.68%	29.48%	44.77%
D&A For EBITDA	14.45	16.46	18.77	20.19	27.71
EBIT	319	220.9	124.42	135.12	243.2
EBIT Margin	55.15%	33.59%	24.05%	25.65%	40.20%
Effective Tax Rate	17.54%	26.46%	33.33%	29.94%	24.76%

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