Prime Insurance Company Limited (DSE:PRIMEINSUR)

Prime 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	791.18	687.58	609.74	515.94	327.05	156.18
Total Interest & Dividend Income	67.8	65.29	44.47	45.91	30.61	42.6
Gain (Loss) on Sale of Investments	-13.29	-13.29	-14.79	-7.97	40.16	32.28
Other Revenue	109.34	187.44	185.46	177.37	101.19	119.39
Total Revenue	955.02	927.02	824.89	731.25	499.01	350.45
Revenue Growth (YoY)	1.91%	12.38%	12.80%	46.54%	42.39%	29.77%
Policy Benefits	208.7	87.43	64.91	77.57	98.76	4.51
Policy Acquisition & Underwriting Costs	167.4	218.15	187.44	164.47	38.82	105.5
Depreciation & Amortization	46.53	46.53	50.41	33.51	16.36	10.53
Selling, General & Administrative	412.5	434.38	368.06	295.81	245.6	121.69
Total Operating Expenses	835.13	786.49	688.22	577.43	403.54	247.45
Operating Income	119.89	140.53	136.67	153.82	95.47	103
Other Non Operating Income (Expenses)	-5.1	-5.1	-3.69	-3.35	-3.01	-2.09
EBT Excluding Unusual Items	114.79	135.43	132.98	150.46	92.46	100.91
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.38
Other Unusual Items	-	-	-	-	-	7.84
Pretax Income	114.79	135.43	132.98	150.46	92.46	109.14
Income Tax Expense	36.85	51.44	33.76	53.29	10.34	55.63
Net Income	77.94	83.99	99.22	97.17	82.12	53.51
Net Income to Common	77.94	83.99	99.22	97.17	82.12	53.51
Net Income Growth	-14.52%	-15.36%	2.11%	18.33%	53.46%	205.97%
Shares Outstanding (Basic)	41	41	41	41	41	41
Shares Outstanding (Diluted)	41	41	41	41	41	41
EPS (Basic)	1.91	2.05	2.43	2.38	2.01	1.31
EPS (Diluted)	1.91	2.05	2.43	2.38	2.01	1.31
EPS Growth	-14.52%	-15.36%	2.11%	18.33%	53.46%	205.97%
Free Cash Flow	-329.28	-127.23	30.51	176.07	83.13	170.36
Free Cash Flow Per Share	-8.05	-3.11	0.75	4.31	2.03	4.17
Dividend Per Share	1.000	1.000	1.200	1.000	1.500	1.000
Dividend Growth	-16.67%	-16.67%	20.00%	-33.33%	50.00%	-
Operating Margin	12.55%	15.16%	16.57%	21.04%	19.13%	29.39%
Profit Margin	8.16%	9.06%	12.03%	13.29%	16.46%	15.27%
Free Cash Flow Margin	-34.48%	-13.73%	3.70%	24.08%	16.66%	48.61%
EBITDA	149.34	167.95	187.08	187.33	111.83	113.53
EBITDA Margin	15.64%	18.12%	22.68%	25.62%	22.41%	32.40%
D&A For EBITDA	29.45	27.42	50.41	33.51	16.36	10.53
EBIT	119.89	140.53	136.67	153.82	95.47	103
EBIT Margin	12.55%	15.16%	16.57%	21.04%	19.13%	29.39%
Effective Tax Rate	32.10%	37.98%	25.39%	35.42%	11.18%	50.97%

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