Crystal Insurance Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	592.74	561.79	476.36	479.19	390.5	144
Total Interest & Dividend Income	95.06	99.96	42.85	34	40.64	40.74
Gain (Loss) on Sale of Investments	-14.44	-14.44	13.97	9.9	26.1	-
Other Revenue	48.06	66.39	55.4	49.98	70.88	15.63
Total Revenue	721.42	713.69	588.59	573.06	528.12	200.36
Revenue Growth (YoY)	1.59%	21.26%	2.71%	8.51%	163.58%	40.81%
Policy Benefits	177.6	183.93	121.85	120.4	87.93	-
Policy Acquisition & Underwriting Costs	78.84	74.81	62.47	59.46	27.53	-
Depreciation & Amortization	34.65	36.31	37.49	37.67	37.43	35.17
Selling, General & Administrative	218.17	213.93	205.95	210.22	226.22	3.93
Other Operating Expenses	14.14	14.73	13.03	9.24	7.14	7.64
Total Operating Expenses	532.72	532.65	447.74	443.19	392.66	53.87
Operating Income	188.69	181.05	140.85	129.87	135.46	146.49
Interest Expense	-1.71	-1.61	-1.11	-1.49	-1.15	-0.96
Other Non Operating Income (Expenses)	-0.48	-0.65	-0.67	-4.35	-6.03	-2.75
EBT Excluding Unusual Items	186.5	178.78	139.06	124.04	128.28	142.78
Pretax Income	186.5	178.78	139.06	124.04	128.28	142.78
Income Tax Expense	39.78	41.14	17.19	15.08	15.11	27.33
Net Income	146.72	137.64	121.87	108.96	113.17	115.45
Net Income to Common	146.72	137.64	121.87	108.96	113.17	115.45
Net Income Growth	7.27%	12.94%	11.86%	-3.72%	-1.97%	9.14%
Shares Outstanding (Basic)	44	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44	44
Shares Change (YoY)	-	-	-	-	-	66.67%
EPS (Basic)	3.33	3.13	2.77	2.48	2.57	2.62
EPS (Diluted)	3.33	3.13	2.77	2.48	2.57	2.62
EPS Growth	7.27%	12.94%	11.86%	-3.72%	-1.97%	-34.51%
Free Cash Flow	86.83	6.34	63.12	219.89	89.03	166.35
Free Cash Flow Per Share	1.97	0.14	1.43	5.00	2.02	3.78
Dividend Per Share	1.200	1.200	0.636	0.909	0.909	0.909
Dividend Growth	88.56%	88.56%	-30.00%	-	-	-16.66%
Operating Margin	26.16%	25.37%	23.93%	22.66%	25.65%	73.11%
Profit Margin	20.34%	19.29%	20.71%	19.01%	21.43%	57.62%
Free Cash Flow Margin	12.04%	0.89%	10.72%	38.37%	16.86%	83.02%
EBITDA	223.34	217.36	178.33	167.54	172.89	181.66
EBITDA Margin	30.96%	30.46%	30.30%	29.24%	32.74%	90.66%
D&A For EBITDA	34.65	36.31	37.49	37.67	37.43	35.17
EBIT	188.69	181.05	140.85	129.87	135.46	146.49
EBIT Margin	26.16%	25.37%	23.93%	22.66%	25.65%	73.11%
Effective Tax Rate	21.33%	23.01%	12.36%	12.16%	11.78%	19.14%

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