Karnaphuli Insurance Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	417.96	431.73	463.98	374.56	353.07	340.39
Total Interest & Dividend Income	76.76	78.37	62.22	53.79	49.41	45.54
Gain (Loss) on Sale of Investments	-1.69	-1.3	0.11	0.6	5.26	13.39
Other Revenue	68.67	65.45	42.59	54.14	37.18	35.71
Total Revenue	561.71	574.25	568.91	483.08	444.91	435.04
Revenue Growth (YoY)	-4.66%	0.94%	17.77%	8.58%	2.27%	16.41%
Policy Benefits	150.6	125.2	162.54	100.8	61.98	93.68
Policy Acquisition & Underwriting Costs	99.39	99.39	83.85	78.77	72.11	27.07
Depreciation & Amortization	14.1	14.1	11.65	7.74	8.32	7.2
Selling, General & Administrative	167.18	204.96	192.46	185.41	192.17	162.79
Total Operating Expenses	431.27	443.64	450.5	372.71	334.59	290.73
Operating Income	130.44	130.61	118.41	110.37	110.33	144.31
Interest Expense	-0.78	-0.78	-0.6	-	-0.17	-0.18
Other Non Operating Income (Expenses)	-0	-	-	-	-	-
EBT Excluding Unusual Items	129.66	129.83	117.81	110.37	110.16	144.13
Gain (Loss) on Sale of Assets	-	-	1.51	-	0.82	-
Pretax Income	129.66	129.83	119.32	110.37	110.98	144.13
Income Tax Expense	31.13	34.07	22.84	25.63	27.56	37.77
Net Income	98.53	95.76	96.48	84.74	83.42	106.36
Net Income to Common	98.53	95.76	96.48	84.74	83.42	106.36
Net Income Growth	2.98%	-0.75%	13.85%	1.59%	-21.57%	48.03%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	45
Shares Change (YoY)	-	-	-	-	-	-
EPS (Basic)	2.20	2.13	2.15	1.89	1.86	2.37
EPS (Diluted)	2.20	2.13	2.15	1.89	1.86	2.37
EPS Growth	2.98%	-0.75%	13.85%	1.59%	-21.57%	48.03%
Free Cash Flow	99.16	101.69	121.35	108.22	35.41	146.91
Free Cash Flow Per Share	2.21	2.27	2.70	2.41	0.79	3.27
Dividend Per Share	1.000	1.000	1.000	1.000	1.000	1.200
Dividend Growth	0%	0%	0%	0%	-16.67%	20.00%
Operating Margin	23.22%	22.74%	20.81%	22.85%	24.80%	33.17%
Profit Margin	17.54%	16.68%	16.96%	17.54%	18.75%	24.45%
Free Cash Flow Margin	17.65%	17.71%	21.33%	22.40%	7.96%	33.77%
EBITDA	139.57	139.59	127.07	118.11	118.65	151.51
EBITDA Margin	24.85%	24.31%	22.34%	24.45%	26.67%	34.83%
D&A For EBITDA	9.14	8.99	8.66	7.74	8.32	7.2
EBIT	130.44	130.61	118.41	110.37	110.33	144.31
EBIT Margin	23.22%	22.74%	20.81%	22.85%	24.80%	33.17%
Effective Tax Rate	24.01%	26.25%	19.14%	23.22%	24.83%	26.21%