Republic Insurance Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	455.86	533.38	624.8	503.23	411.49	506.39
Total Interest & Dividend Income	64.02	53.96	44.08	36.28	34.12	39.96
Gain (Loss) on Sale of Investments	-2.73	-2.73	0.12	-	-	-
Other Revenue	49.88	55.47	67.88	57.97	74.22	60.95
Total Revenue	567.04	640.08	736.88	597.48	519.84	607.31
Revenue Growth (YoY)	-27.19%	-13.14%	23.33%	14.94%	-14.40%	17.71%
Policy Benefits	93.66	123.05	37.68	-28.48	69.64	55.66
Policy Acquisition & Underwriting Costs	87.69	100.07	116.75	105.06	53	112.98
Depreciation & Amortization	9.53	9.53	9.85	8.55	8.7	9.17
Selling, General & Administrative	291.32	312.62	339.95	296.14	257.3	235.44
Total Operating Expenses	491.22	554.75	514.73	392.05	399.42	423.38
Operating Income	75.82	85.33	222.15	205.43	120.42	183.92
Currency Exchange Gain (Loss)	-	-	0.01	0.08	0	-0
Other Non Operating Income (Expenses)	-2.43	-2.43	-2.37	-2.93	-0.97	1.53
EBT Excluding Unusual Items	73.39	82.9	219.79	202.58	119.45	185.46
Gain (Loss) on Sale of Investments	-	-	-	-0.1	3.73	2.69
Gain (Loss) on Sale of Assets	0.87	0.87	0.3	1.64	-	-
Other Unusual Items	-1.6	-1.6	-1.6	-	-	-
Pretax Income	72.66	82.17	218.49	204.12	123.18	188.14
Income Tax Expense	23.66	22.84	35.07	65.91	47.33	44.64
Net Income	49	59.33	183.42	138.21	75.85	143.5
Net Income to Common	49	59.33	183.42	138.21	75.85	143.5
Net Income Growth	-72.43%	-67.65%	32.71%	82.20%	-47.14%	23.57%
Shares Outstanding (Basic)	55	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55	55
EPS (Basic)	0.90	1.08	3.35	2.53	1.39	2.62
EPS (Diluted)	0.90	1.08	3.35	2.53	1.39	2.62
EPS Growth	-72.43%	-67.65%	32.71%	82.20%	-47.14%	23.57%
Free Cash Flow	-33.04	53.23	50.79	72.15	83.13	129.13
Free Cash Flow Per Share	-0.60	0.97	0.93	1.32	1.52	2.36
Dividend Per Share	-	0.571	1.048	1.000	0.907	0.593
Dividend Growth	-	-45.46%	4.76%	10.25%	52.85%	7.00%
Operating Margin	13.37%	13.33%	30.15%	34.38%	23.16%	30.29%
Profit Margin	8.64%	9.27%	24.89%	23.13%	14.59%	23.63%
Free Cash Flow Margin	-5.83%	8.32%	6.89%	12.08%	15.99%	21.26%
EBITDA	84.78	94.51	231.62	213.71	128.83	192.82
EBITDA Margin	14.95%	14.77%	31.43%	35.77%	24.78%	31.75%
D&A For EBITDA	8.96	9.18	9.47	8.28	8.41	8.9
EBIT	75.82	85.33	222.15	205.43	120.42	183.92
EBIT Margin	13.37%	13.33%	30.15%	34.38%	23.16%	30.29%
Effective Tax Rate	32.56%	27.79%	16.05%	32.29%	38.42%	23.73%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.