Crystal Insurance 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	704.72	561.79	476.36	479.19	390.5
Total Interest & Dividend Income	105.94	99.96	42.85	34	40.64
Gain (Loss) on Sale of Investments	-	-14.44	13.97	9.9	26.1
Other Revenue	31.29	66.39	55.4	49.98	70.88
Total Revenue	841.95	713.69	588.59	573.06	528.12
Revenue Growth (YoY)	17.97%	21.26%	2.71%	8.51%	163.58%
Policy Benefits	292.33	183.93	121.85	120.4	87.93
Policy Acquisition & Underwriting Costs	86.5	74.81	62.47	59.46	27.53
Depreciation & Amortization	31.53	36.31	37.49	37.67	37.43
Selling, General & Administrative	227.25	213.93	205.95	210.22	226.22
Other Operating Expenses	12.96	14.73	13.03	9.24	7.14
Total Operating Expenses	659.56	532.65	447.74	443.19	392.66
Operating Income	182.39	181.05	140.85	129.87	135.46
Interest Expense	-1.7	-1.61	-1.11	-1.49	-1.15
Other Non Operating Income (Expenses)	-1.12	-0.65	-0.67	-4.35	-6.03
EBT Excluding Unusual Items	179.57	178.78	139.06	124.04	128.28
Pretax Income	179.57	178.78	139.06	124.04	128.28
Income Tax Expense	32.61	41.14	17.19	15.08	15.11
Net Income	146.96	137.64	121.87	108.96	113.17
Net Income to Common	146.96	137.64	121.87	108.96	113.17
Net Income Growth	6.77%	12.94%	11.86%	-3.72%	-1.97%
Shares Outstanding (Basic)	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44
EPS (Basic)	3.34	3.13	2.77	2.48	2.57
EPS (Diluted)	3.34	3.13	2.77	2.48	2.57
EPS Growth	6.77%	12.94%	11.86%	-3.72%	-1.97%
Free Cash Flow	66.9	6.34	63.12	219.89	89.03
Free Cash Flow Per Share	1.52	0.14	1.43	5.00	2.02
Dividend Per Share	-	1.200	0.636	0.909	0.909
Dividend Growth	-	88.56%	-30.00%	-	-
Operating Margin	21.66%	25.37%	23.93%	22.66%	25.65%
Profit Margin	17.46%	19.29%	20.71%	19.01%	21.43%
Free Cash Flow Margin	7.95%	0.89%	10.72%	38.37%	16.86%
EBITDA	221.01	217.36	178.33	167.54	172.89
EBITDA Margin	26.25%	30.46%	30.30%	29.24%	32.74%
D&A For EBITDA	38.62	36.31	37.49	37.67	37.43
EBIT	182.39	181.05	140.85	129.87	135.46
EBIT Margin	21.66%	25.37%	23.93%	22.66%	25.65%
Effective Tax Rate	18.16%	23.01%	12.36%	12.16%	11.78%

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