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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	837.93	687.58	609.74	515.94	327.05	156.18
Total Interest & Dividend Income	66.28	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	112.89	187.44	185.46	177.37	101.19	119.39
Total Revenue	1,004	927.02	824.89	731.25	499.01	350.45
Revenue Growth (YoY)	-9.08%	12.38%	12.80%	46.54%	42.39%	29.77%
Policy Benefits	243.4	87.43	64.91	77.57	98.76	4.51
Policy Acquisition & Underwriting Costs	192.69	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	409.81	434.38	368.06	295.81	245.6	121.69
Total Operating Expenses	892.43	786.49	688.22	577.43	403.54	247.45
Operating Income	111.37	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	106.27	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	106.27	135.43	132.98	150.46	92.46	109.14
Income Tax Expense	30.8	51.44	33.76	53.29	10.34	55.63
Net Income	75.47	83.99	99.22	97.17	82.12	53.51
Net Income to Common	75.47	83.99	99.22	97.17	82.12	53.51
Net Income Growth	-15.71%	-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)	1.85	2.05	2.43	2.38	2.01	1.31
EPS (Diluted)	1.85	2.05	2.43	2.38	2.01	1.31
EPS Growth	-15.71%	-15.36%	2.11%	18.33%	53.46%	205.97%
Free Cash Flow	-272.78	-127.23	30.51	176.07	83.13	170.36
Free Cash Flow Per Share	-6.67	-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	11.09%	15.16%	16.57%	21.04%	19.13%	29.39%
Profit Margin	7.52%	9.06%	12.03%	13.29%	16.46%	15.27%
Free Cash Flow Margin	-27.18%	-13.73%	3.70%	24.08%	16.66%	48.61%
EBITDA	139.89	167.95	187.08	187.33	111.83	113.53
EBITDA Margin	13.94%	18.12%	22.68%	25.62%	22.41%	32.40%
D&A For EBITDA	28.51	27.42	50.41	33.51	16.36	10.53
EBIT	111.37	140.53	136.67	153.82	95.47	103
EBIT Margin	11.09%	15.16%	16.57%	21.04%	19.13%	29.39%
Effective Tax Rate	28.98%	37.98%	25.39%	35.42%	11.18%	50.97%

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