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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2018
Premiums & Annuity Revenue	149.45	114.9	57.9	81.85	24.02	16.9
Total Interest & Dividend Income	80.57	72.89	91.77	64.66	87.08	64.22
Gain (Loss) on Sale of Investments	2.32	5.56	11.99	16.68	2.2	17
Other Revenue	17.39	17.5	18.66	12.42	8.71	9.12
Total Revenue	249.73	210.85	180.33	175.61	122.01	107.24
Revenue Growth (YoY)	29.24%	16.92%	2.69%	43.92%	13.78%	-17.72%
Policy Benefits	31.04	38.17	-4.37	24.04	1.8	0.27
Policy Acquisition & Underwriting Costs	26.2	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	46.52	45.16	35.91	28.19	14.04	21.34
Total Operating Expenses	105.77	107.57	50.25	58.77	19.97	23.31
Operating Income	143.96	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	143.31	102.63	125.11	115.29	99.73	83.31
Gain (Loss) on Sale of Assets	0.28	0.28	-	-	-	-
Pretax Income	143.59	102.91	125.11	115.29	99.73	83.31
Income Tax Expense	46.71	31.98	41.41	35.57	35.76	25.08
Net Income	96.87	70.92	83.71	79.72	63.97	58.23
Net Income to Common	96.87	70.92	83.71	79.72	63.97	58.23
Net Income Growth	27.60%	-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
EPS (Basic)	1.62	1.19	1.40	1.33	-	0.97
EPS (Diluted)	1.62	1.19	1.40	1.33	-	0.97
EPS Growth	27.60%	-15.27%	4.99%	-	-	-25.79%
Free Cash Flow	45.95	64.51	210.48	61.71	85.05	-7.66
Free Cash Flow Per Share	0.77	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	57.65%	48.98%	72.13%	66.53%	83.64%	78.27%
Profit Margin	38.79%	33.64%	46.42%	45.40%	52.43%	54.30%
Free Cash Flow Margin	18.40%	30.60%	116.72%	35.14%	69.71%	-7.14%
EBITDA	145.97	104.22	131.59	117.74	102.23	83.94
EBITDA Margin	58.45%	49.43%	72.97%	67.05%	83.79%	78.27%
D&A For EBITDA	2.01	0.94	1.51	0.91	0.18	0
EBIT	143.96	103.28	130.08	116.83	102.05	83.93
EBIT Margin	57.65%	48.98%	72.13%	66.53%	83.64%	78.27%
Effective Tax Rate	32.53%	31.08%	33.09%	30.85%	35.86%	30.10%

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