DSE: TILIL Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	509.8	507.14	371.21	294.74	278.79
Other Revenue	44.36	27.65	20.28	12.89	15.11
Total Revenue	554.16	534.79	391.5	307.63	293.9
Revenue Growth (YoY)	18.55%	36.60%	27.26%	4.67%	-
Policy Benefits	95.93	86.21	88.99	54.03	32.83
Policy Acquisition & Underwriting Costs	-5.95	54.91	49.37	45.14	56.87
Depreciation & Amortization	12.78	11.67	11.33	9.83	7.09
Selling, General & Administrative	86.65	70.42	47.11	35.84	42.79
Total Operating Expenses	297.22	414.18	308.38	248.36	250.29
Operating Income	256.94	120.6	83.12	59.28	43.61
Interest Expense	-1.06	-1.16	-1.33	-1.52	-0.51
Other Non Operating Income (Expenses)	-9.8	-18.11	-4.91	-5.08	-3.66
Pretax Income	246.08	101.33	76.87	52.67	39.43
Income Tax Expense	6.45	3.98	-	-	-
Net Income	239.63	97.36	76.87	52.67	39.43
Net Income to Common	239.63	97.36	76.87	52.67	39.43
Net Income Growth	284.47%	26.65%	45.95%	33.56%	-
Shares Outstanding (Basic)	40	40	-	24	-
Shares Outstanding (Diluted)	40	40	-	24	-
EPS (Basic)	5.99	2.43	-	2.19	-
EPS (Diluted)	5.99	2.43	-	2.19	-
Free Cash Flow	54.97	67.92	47.35	43.44	22.61
Free Cash Flow Per Share	1.37	1.70	-	1.81	-
Dividend Per Share	0.300	0.500	-	-	-
Operating Margin	46.37%	22.55%	21.23%	19.27%	14.84%
Profit Margin	43.24%	18.20%	19.64%	17.12%	13.42%
Free Cash Flow Margin	9.92%	12.70%	12.09%	14.12%	7.69%
EBITDA	264.53	126.51	88.9	64.28	49.15
EBITDA Margin	47.74%	23.66%	22.71%	20.90%	16.72%
D&A For EBITDA	7.59	5.91	5.79	5.01	5.54
EBIT	256.94	120.6	83.12	59.28	43.61
EBIT Margin	46.37%	22.55%	21.23%	19.27%	14.84%
Effective Tax Rate	2.62%	3.93%	-	-	-

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