Purabi General Insurance Company Limited (DSE: PURABIGEN)

PURABIGEN Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2018
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2018
Premiums & Annuity Revenue	157.79	114.9	57.9	81.85	24.02	16.9
Total Interest & Dividend Income	72.89	72.89	91.77	64.66	87.08	64.22
Gain (Loss) on Sale of Investments	-1.02	5.56	11.99	16.68	2.2	17
Other Revenue	29.45	17.5	18.66	12.42	8.71	9.12
Total Revenue	259.12	210.85	180.33	175.61	122.01	107.24
Revenue Growth (YoY)	37.25%	16.92%	2.69%	43.92%	13.78%	-17.72%
Policy Benefits	26.42	38.17	-4.37	24.04	1.8	0.27
Policy Acquisition & Underwriting Costs	28.75	22.22	17.19	5.64	3.04	1.69
Depreciation & Amortization	2.01	2.01	1.51	0.91	1.09	0
Selling, General & Administrative	47.11	45.16	35.91	28.19	14.04	21.34
Total Operating Expenses	104.3	107.57	50.25	58.77	19.97	23.31
Operating Income	154.82	103.28	130.08	116.83	102.05	83.93
Interest Expense	-0.65	-0.65	-4.97	-1.39	-2.31	-0.62
Other Non Operating Income (Expenses)	-0.01	-0.01	-	-0.15	-	-
EBT Excluding Unusual Items	154.17	102.63	125.11	115.29	99.73	83.31
Gain (Loss) on Sale of Assets	0.28	0.28	-	-	-	-
Pretax Income	154.45	102.91	125.11	115.29	99.73	83.31
Income Tax Expense	50.69	31.98	41.41	35.57	35.76	25.08
Net Income	103.76	70.92	83.71	79.72	63.97	58.23
Net Income to Common	103.76	70.92	83.71	79.72	63.97	58.23
Net Income Growth	57.35%	-15.27%	4.99%	24.62%	9.86%	-25.79%
Shares Outstanding (Basic)	60	60	60	60	-	60
Shares Outstanding (Diluted)	60	60	60	60	-	60
Shares Change (YoY)	0.38%	-	-	-	-	-
EPS (Basic)	1.73	1.19	1.40	1.33	-	0.97
EPS (Diluted)	1.73	1.19	1.40	1.33	-	0.97
EPS Growth	56.76%	-15.27%	4.99%	-	-	-25.79%
Free Cash Flow	80.11	64.51	210.48	61.71	85.05	-7.66
Free Cash Flow Per Share	1.34	1.08	3.52	1.03	-	-0.13
Dividend Per Share	1.000	1.000	0.680	0.971	0.485	1.110
Dividend Growth	47.15%	47.15%	-30.00%	100.02%	-56.25%	-
Operating Margin	59.75%	48.98%	72.13%	66.53%	83.64%	78.27%
Profit Margin	40.04%	33.64%	46.42%	45.40%	52.43%	54.30%
Free Cash Flow Margin	30.91%	30.60%	116.72%	35.14%	69.71%	-7.14%
EBITDA	157.45	104.22	131.59	117.74	102.23	83.94
EBITDA Margin	60.76%	49.43%	72.97%	67.05%	83.79%	78.27%
D&A For EBITDA	2.63	0.94	1.51	0.91	0.18	0
EBIT	154.82	103.28	130.08	116.83	102.05	83.93
EBIT Margin	59.75%	48.98%	72.13%	66.53%	83.64%	78.27%
Effective Tax Rate	32.82%	31.08%	33.09%	30.85%	35.86%	30.10%

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