Dhaka 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	164.57	205.92	310.08	322.5	256.2	254.44
Total Interest & Dividend Income	89.02	66.02	49.73	63.56	71.74	62
Gain (Loss) on Sale of Investments	0.2	0.2	0.86	0.73	23.52	10.86
Other Revenue	36.92	39.56	45.61	47.35	46.52	39.19
Total Revenue	290.7	311.71	406.27	434.14	397.98	366.49
Revenue Growth (YoY)	-16.61%	-23.28%	-6.42%	9.09%	8.59%	17.41%
Policy Benefits	105.99	93.08	144.98	144.45	126.5	100.69
Policy Acquisition & Underwriting Costs	38.81	43.04	64.74	68.07	33.61	53.22
Depreciation & Amortization	18.43	18.43	18.89	18.8	17.57	14.65
Selling, General & Administrative	127.01	139.75	141.68	130.65	110.66	107.51
Other Operating Expenses	0	0	-	-	-	0.46
Total Operating Expenses	290.24	294.31	370.3	361.96	288.34	276.53
Operating Income	0.46	17.4	35.97	72.18	109.64	89.96
Interest Expense	-0.56	-0.56	-0.6	-0.5	-0.37	-0.41
Other Non Operating Income (Expenses)	-	-	-	-	-5	-10.5
EBT Excluding Unusual Items	-0.1	16.84	35.37	71.69	104.28	79.05
Gain (Loss) on Sale of Assets	-	-	0.36	0.01	2.11	0.91
Pretax Income	-0.1	16.84	35.72	71.69	106.39	79.96
Income Tax Expense	43.62	44.45	51.07	53.97	62.1	54.04
Net Income	-43.72	-27.6	-15.35	17.73	44.28	25.92
Net Income to Common	-43.72	-27.6	-15.35	17.73	44.28	25.92
Net Income Growth	-	-	-	-59.97%	70.85%	-68.61%
Shares Outstanding (Basic)	40	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40	40
Shares Change (YoY)	-17.98%	-0.74%	0.75%	-	-	-
EPS (Basic)	-1.09	-0.69	-0.38	0.44	1.10	0.65
EPS (Diluted)	-1.09	-0.69	-0.38	0.44	1.10	0.65
EPS Growth	-	-	-	-59.97%	70.85%	-68.61%
Free Cash Flow	-8.08	33.58	6.49	54.96	53.17	56.71
Free Cash Flow Per Share	-0.20	0.84	0.16	1.37	1.32	1.41
Dividend Per Share	1.000	1.000	1.700	2.000	2.500	2.000
Dividend Growth	-41.18%	-41.18%	-15.00%	-20.00%	25.00%	33.33%
Operating Margin	0.16%	5.58%	8.85%	16.63%	27.55%	24.55%
Profit Margin	-15.04%	-8.86%	-3.78%	4.08%	11.13%	7.07%
Free Cash Flow Margin	-2.78%	10.77%	1.60%	12.66%	13.36%	15.47%
EBITDA	12.44	30.37	50.26	87.58	124.65	102.67
EBITDA Margin	4.28%	9.74%	12.37%	20.17%	31.32%	28.02%
D&A For EBITDA	11.98	12.97	14.29	15.4	15.01	12.71
EBIT	0.46	17.4	35.97	72.18	109.64	89.96
EBIT Margin	0.16%	5.58%	8.85%	16.63%	27.55%	24.55%
Effective Tax Rate	-	263.90%	142.96%	75.27%	58.38%	67.59%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.