Nitol Insurance PLC. 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	384.56	400.24	381.42	361.46	347.5	360.08
Total Interest & Dividend Income	33.02	34.39	37.18	42.92	51.33	52.5
Gain (Loss) on Sale of Investments	0.11	0.11	0.34	0.03	-0.34	0.12
Other Revenue	80.37	83.31	85.42	90.78	71.76	62.53
Total Revenue	498.06	518.05	504.36	495.19	470.25	475.23
Revenue Growth (YoY)	-2.18%	2.71%	1.85%	5.30%	-1.05%	-20.73%
Policy Benefits	95.65	92.48	98.55	112.99	90.91	91.72
Policy Acquisition & Underwriting Costs	70.02	89.44	79.7	85.01	77.2	35.17
Depreciation & Amortization	20.76	20.76	19.1	20.25	18.26	18.2
Selling, General & Administrative	202.4	203.7	197.43	189.19	172.41	171.61
Other Operating Expenses	-	-	-	-0.04	-0.26	-1.23
Total Operating Expenses	388.83	406.39	394.79	407.39	358.52	315.46
Operating Income	109.23	111.66	109.57	87.79	111.72	159.76
EBT Excluding Unusual Items	109.23	111.66	109.57	87.79	111.72	159.76
Gain (Loss) on Sale of Assets	1.31	1.31	-	-	0	0.09
Pretax Income	110.54	112.97	109.57	87.79	111.73	159.85
Income Tax Expense	31.59	31.46	30.55	28.39	26.06	42.13
Net Income	78.95	81.52	79.02	59.4	85.67	117.72
Net Income to Common	78.88	81.52	79.02	59.4	85.67	117.72
Net Income Growth	1.57%	3.16%	33.04%	-30.66%	-27.23%	2.96%
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
Shares Change (YoY)	0.05%	-	-	-	-	-
EPS (Basic)	1.87	1.93	1.87	1.41	2.03	2.79
EPS (Diluted)	1.87	1.93	1.87	1.41	2.03	2.79
EPS Growth	1.39%	3.16%	33.04%	-30.66%	-27.23%	2.96%
Free Cash Flow	7.32	6.99	6.61	-292.44	-23.95	11.75
Free Cash Flow Per Share	0.17	0.17	0.16	-6.93	-0.57	0.28
Dividend Per Share	-	-	0.476	1.000	1.048	1.190
Dividend Growth	-	-	-52.38%	-4.54%	-12.00%	25.00%
Operating Margin	21.93%	21.55%	21.73%	17.73%	23.76%	33.62%
Profit Margin	15.84%	15.73%	15.67%	12.00%	18.22%	24.77%
Free Cash Flow Margin	1.47%	1.35%	1.31%	-59.06%	-5.09%	2.47%
EBITDA	130.41	132.42	128.68	108.04	129.98	177.96
EBITDA Margin	26.18%	25.56%	25.51%	21.82%	27.64%	37.45%
D&A For EBITDA	21.18	20.76	19.1	20.25	18.26	18.2
EBIT	109.23	111.66	109.57	87.79	111.72	159.76
EBIT Margin	21.93%	21.55%	21.73%	17.73%	23.76%	33.62%
Effective Tax Rate	28.58%	27.84%	27.88%	32.34%	23.33%	26.36%