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	Sep '26 Sep 30, 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	376.14	400.24	381.42	361.46	347.5	360.08
Total Interest & Dividend Income	38.8	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	49.44	83.31	85.42	90.78	71.76	62.53
Total Revenue	464.49	518.05	504.36	495.19	470.25	475.23
Revenue Growth	-12.80%	2.71%	1.85%	5.30%	-1.05%	-20.73%
Policy Benefits	84.77	92.48	98.55	112.99	90.91	91.72
Policy Acquisition & Underwriting Costs	23.94	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	195.62	203.7	197.43	189.19	172.41	171.61
Other Operating Expenses	-	-	-	-0.04	-0.26	-1.23
Total Operating Expenses	325.1	406.39	394.79	407.39	358.52	315.46
Operating Income	139.39	111.66	109.57	87.79	111.72	159.76
EBT Excluding Unusual Items	139.39	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	140.71	112.97	109.57	87.79	111.73	159.85
Income Tax Expense	43.75	31.46	30.55	28.39	26.06	42.13
Net Income	96.96	81.52	79.02	59.4	85.67	117.72
Net Income to Common	96.96	81.52	79.02	59.4	85.67	117.72
Net Income Growth	15.11%	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	-0.84%	-	-	-	-	-
EPS (Basic)	2.30	1.93	1.87	1.41	2.03	2.79
EPS (Diluted)	2.30	1.93	1.87	1.41	2.03	2.79
EPS Growth	16.09%	3.16%	33.04%	-30.66%	-27.23%	2.96%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	297.78	6.99	6.61	-292.44	-23.95	11.75
Free Cash Flow Per Share	7.05	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	30.01%	21.55%	21.73%	17.73%	23.76%	33.62%
Profit Margin	20.87%	15.73%	15.67%	12.00%	18.22%	24.77%
Free Cash Flow Margin	64.11%	1.35%	1.31%	-59.06%	-5.09%	2.47%
EBITDA	159.72	132.42	128.68	108.04	129.98	177.96
EBITDA Margin	34.39%	25.56%	25.51%	21.82%	27.64%	37.45%
D&A For EBITDA	20.32	20.76	19.1	20.25	18.26	18.2
EBIT	139.39	111.66	109.57	87.79	111.72	159.76
EBIT Margin	30.01%	21.55%	21.73%	17.73%	23.76%	33.62%
Effective Tax Rate	31.09%	27.84%	27.88%	32.34%	23.33%	26.36%