Islami Insurance Bangladesh Limited (DSE:ISLAMIINS)

DSE:ISLAMIINS 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	274.69	287.66	267.07	626.12	497.48	497.48
Total Interest & Dividend Income	85.82	75.58	50.52	45.6	42.64	39.4
Other Revenue	24.91	25.6	23.47	33.29	32.82	32.82
Total Revenue	385.41	388.83	341.05	711.23	572.94	569.7
Revenue Growth (YoY)	3.08%	14.01%	-52.05%	24.14%	0.57%	25.69%
Policy Benefits	-174.74	-161.89	-201.18	-252.95	16.35	129.89
Policy Acquisition & Underwriting Costs	95.98	93.99	83.31	124.84	69.15	94.4
Depreciation & Amortization	26.92	26.92	31.86	27.37	26.02	18.39
Selling, General & Administrative	249.12	248.58	270.22	390.11	209.37	207.01
Other Operating Expenses	-	-	-	-	-1.72	-
Total Operating Expenses	208.88	219.5	194.21	299.68	329.46	457.68
Operating Income	176.53	169.34	146.85	411.55	243.48	112.02
Interest Expense	-0.52	-0.52	-0.66	-0.75	-0.96	-0.62
Other Non Operating Income (Expenses)	-0.81	-0.81	-0.87	-254.74	-79.68	-1.87
EBT Excluding Unusual Items	175.2	168.01	145.31	156.06	162.84	109.54
Gain (Loss) on Sale of Investments	-0.77	-0.77	-0.04	-	3.15	-
Gain (Loss) on Sale of Assets	0.77	0.77	0.03	-	-0.04	-1.33
Pretax Income	175.2	168.01	145.3	156.06	165.95	108.21
Income Tax Expense	29.42	27.55	26.03	29.71	38.03	26.66
Net Income	145.79	140.46	119.27	126.35	127.92	81.55
Net Income to Common	145.79	140.46	119.27	126.35	127.92	81.55
Net Income Growth	16.18%	17.76%	-5.60%	-1.23%	56.86%	32.30%
Shares Outstanding (Basic)	41	41	41	41	41	41
Shares Outstanding (Diluted)	41	41	41	41	41	41
EPS (Basic)	3.54	3.41	2.90	3.07	3.11	1.98
EPS (Diluted)	3.54	3.41	2.90	3.07	3.11	1.98
EPS Growth	16.17%	17.76%	-5.60%	-1.23%	56.86%	32.30%
Free Cash Flow	95.48	64.19	-42.08	38.6	222.79	166.98
Free Cash Flow Per Share	2.32	1.56	-1.02	0.94	5.41	4.06
Dividend Per Share	2.000	2.000	1.500	1.250	1.250	-
Dividend Growth	33.33%	33.33%	20.00%	-	-	-
Operating Margin	45.80%	43.55%	43.06%	57.87%	42.50%	19.66%
Profit Margin	37.83%	36.12%	34.97%	17.76%	22.33%	14.31%
Free Cash Flow Margin	24.77%	16.51%	-12.34%	5.43%	38.88%	29.31%
EBITDA	192.41	186.14	165.24	427.64	258.39	120.19
EBITDA Margin	49.92%	47.87%	48.45%	60.13%	45.10%	21.10%
D&A For EBITDA	15.88	16.8	18.39	16.09	14.91	8.17
EBIT	176.53	169.34	146.85	411.55	243.48	112.02
EBIT Margin	45.80%	43.55%	43.06%	57.87%	42.50%	19.66%
Effective Tax Rate	16.79%	16.40%	17.91%	19.04%	22.91%	24.64%

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