Paramount Insurance PLC. (DSE: PARAMOUNT)

Paramount Insurance PLC. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	360.67	293.24	280.04	297.05	199.59	151.26
Total Interest & Dividend Income	44.75	30.55	26.84	25.33	30.78	24.58
Gain (Loss) on Sale of Investments	21.39	-2.17	-0.9	24.78	128.76	7.34
Other Revenue	28.42	28.31	35.3	35.4	39.45	24.84
Total Revenue	455.23	349.94	341.29	382.56	398.59	208.01
Revenue Growth (YoY)	45.27%	2.53%	-10.79%	-4.02%	91.61%	28.89%
Policy Benefits	160.1	107.24	111.05	62.35	19.63	41.08
Policy Acquisition & Underwriting Costs	6.77	3.88	-	9.16	30.93	33.71
Depreciation & Amortization	5.7	5.15	5.62	4.98	4.2	4.33
Selling, General & Administrative	152.58	137.15	122.39	128.68	96.6	75.55
Other Operating Expenses	0.62	0.62	0.28	0.31	0.36	0.49
Reinsurance Income or Expense	-0.01	-0.01	-0.03	-0.05	-0.23	-0.07
Total Operating Expenses	326.77	255.04	240.37	206.53	152.16	155.43
Operating Income	128.46	94.9	100.92	176.02	246.43	52.58
Other Non Operating Income (Expenses)	-0.51	-0.51	-0.56	-0.54	-0.45	-0.26
EBT Excluding Unusual Items	127.95	94.39	100.35	175.48	245.98	52.32
Gain (Loss) on Sale of Assets	0.81	-	0.22	-	0.27	0.12
Pretax Income	128.76	94.39	100.58	175.48	246.25	52.44
Income Tax Expense	27.9	23.9	24.54	52.41	63.96	13.7
Net Income	100.86	70.49	76.03	123.07	182.29	38.75
Net Income to Common	100.86	70.49	76.03	123.07	182.29	38.75
Net Income Growth	105.09%	-7.28%	-38.22%	-32.48%	370.47%	123.46%
Shares Outstanding (Basic)	41	41	41	41	41	41
Shares Outstanding (Diluted)	41	41	41	41	41	41
Shares Change (YoY)	-	-	-	-	-	-0.00%
EPS (Basic)	2.48	1.73	1.87	3.03	4.48	0.95
EPS (Diluted)	2.48	1.73	1.87	3.03	4.48	0.95
EPS Growth	105.09%	-7.28%	-38.22%	-32.48%	370.47%	123.46%
Free Cash Flow	29.63	59.84	-26.83	-148.95	85.71	-3.85
Free Cash Flow Per Share	0.73	1.47	-0.66	-3.66	2.11	-0.09
Dividend Per Share	1.000	1.000	1.000	1.000	-	0.163
Operating Margin	28.22%	27.12%	29.57%	46.01%	61.83%	25.28%
Profit Margin	22.16%	20.14%	22.28%	32.17%	45.73%	18.63%
Free Cash Flow Margin	6.51%	17.10%	-7.86%	-38.94%	21.50%	-1.85%
EBITDA	133.89	99.77	106.54	181	250.63	56.91
EBITDA Margin	29.41%	28.51%	31.22%	47.31%	62.88%	27.36%
D&A For EBITDA	5.43	4.87	5.62	4.98	4.2	4.33
EBIT	128.46	94.9	100.92	176.02	246.43	52.58
EBIT Margin	28.22%	27.12%	29.57%	46.01%	61.83%	25.28%
Effective Tax Rate	21.67%	25.32%	24.40%	29.86%	25.97%	26.12%

Source: S&P Capital IQ. Insurance template. Financial Sources.