Meghna Insurance Company Limited (DSE:MEGHNAINS)

Meghna Insurance Company 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	757.91	692.55	690.67	824.58	538.99	439.45
Total Interest & Dividend Income	50.33	49.02	39.21	35.96	33.72	24.68
Gain (Loss) on Sale of Investments	0.14	0.27	0.29	5.89	1.02	-0.2
Other Revenue	40.82	42.27	53.7	54.87	54.45	46.6
Total Revenue	849.19	784.11	783.86	921.3	628.19	510.52
Revenue Growth (YoY)	-3.68%	0.03%	-14.92%	46.66%	23.05%	13.42%
Policy Benefits	130.74	82.09	34.92	17.54	66.09	72.46
Policy Acquisition & Underwriting Costs	114.11	117.12	118.99	128.27	33.47	89.91
Selling, General & Administrative	555.62	508.14	602.98	596.64	459.86	327.4
Total Operating Expenses	802.87	711.08	760.69	745.75	560.66	490.36
Operating Income	46.32	73.03	23.17	175.54	67.52	20.17
Interest Expense	-0.59	-0.56	-0.85	-0.81	-3.26	-8.25
Other Non Operating Income (Expenses)	0.01	0.01	0.06	-0.25	-	0.19
EBT Excluding Unusual Items	45.74	72.48	22.38	174.49	64.26	12.1
Gain (Loss) on Sale of Assets	0.83	0.78	2.6	6.23	-0.02	-0.19
Pretax Income	46.57	73.26	24.99	180.71	64.25	11.91
Income Tax Expense	7.37	22.28	24.56	22.01	4.49	4.34
Net Income	39.2	50.98	0.42	158.71	59.76	7.58
Net Income to Common	39.2	50.98	0.42	158.71	59.76	7.58
Net Income Growth	-77.97%	11898.79%	-99.73%	165.58%	688.68%	-57.73%
Shares Outstanding (Basic)	40	40	40	33	22	8
Shares Outstanding (Diluted)	40	40	40	33	22	8
Shares Change (YoY)	7.01%	-	19.83%	54.03%	173.12%	-
EPS (Basic)	0.98	1.27	0.01	4.75	2.76	0.95
EPS (Diluted)	0.98	1.27	0.01	4.75	2.76	0.95
EPS Growth	-79.41%	11899.63%	-99.78%	72.42%	188.77%	-57.73%
Free Cash Flow	131.99	77.8	-10.54	-124.54	122.96	107.49
Free Cash Flow Per Share	3.30	1.95	-0.26	-3.73	5.67	13.55
Dividend Per Share	1.000	1.000	1.000	1.000	0.300	-
Dividend Growth	-	-	-	233.33%	-	-
Operating Margin	5.46%	9.31%	2.96%	19.05%	10.75%	3.95%
Profit Margin	4.62%	6.50%	0.05%	17.23%	9.51%	1.48%
Free Cash Flow Margin	15.54%	9.92%	-1.34%	-13.52%	19.57%	21.05%
EBITDA	59.87	89.31	43.68	193.6	80.27	27.49
EBITDA Margin	7.05%	11.39%	5.57%	21.01%	12.78%	5.38%
D&A For EBITDA	13.55	16.28	20.51	18.06	12.75	7.33
EBIT	46.32	73.03	23.17	175.54	67.52	20.17
EBIT Margin	5.46%	9.31%	2.96%	19.05%	10.75%	3.95%
Effective Tax Rate	15.82%	30.42%	98.30%	12.18%	6.98%	36.41%

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