United Insurance Company 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	329.12	296.03	298.72	280.65	249.47	247.71
Total Interest & Dividend Income	132.34	102.97	75.45	76.36	72.96	77.49
Gain (Loss) on Sale of Investments	6.77	1	0.95	-199.33	136.64	19.31
Other Revenue	71.26	71.26	81.14	89.43	74.62	67.22
Total Revenue	539.5	471.26	456.26	247.1	533.69	411.74
Revenue Growth (YoY)	15.25%	3.29%	84.65%	-53.70%	29.62%	4.57%
Policy Benefits	64.4	68.31	90.16	76.61	52.88	36.89
Policy Acquisition & Underwriting Costs	70.69	50.89	60.05	55.01	26.76	60.01
Depreciation & Amortization	17.11	17.11	16.81	16.54	16.33	14.99
Selling, General & Administrative	167.76	165.37	163.2	175.67	191.56	147.32
Other Operating Expenses	-0.13	-0.13	-0.48	-0.47	-1.17	-2.08
Total Operating Expenses	319.84	301.54	329.74	323.36	286.35	257.13
Operating Income	219.66	169.73	126.52	-76.26	247.34	154.6
Other Non Operating Income (Expenses)	-1.07	-1.07	-1.06	-0.95	-1.05	-0.93
EBT Excluding Unusual Items	218.59	168.66	125.46	-77.22	246.28	153.68
Gain (Loss) on Sale of Assets	-0.01	-0.01	0.04	0.53	0.01	-
Pretax Income	218.57	168.64	125.49	-76.69	246.3	153.68
Income Tax Expense	85.91	71.91	50.43	46.72	46.65	43.42
Net Income	132.66	96.73	75.06	-123.41	199.64	110.26
Net Income to Common	132.66	96.73	75.06	-123.41	199.64	110.26
Net Income Growth	38.13%	28.86%	-	-	81.07%	51.73%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	45
EPS (Basic)	2.98	2.17	1.69	-2.77	4.49	2.48
EPS (Diluted)	2.98	2.17	1.69	-2.77	4.49	2.48
EPS Growth	38.13%	28.86%	-	-	81.07%	51.73%
Free Cash Flow	59.24	38.27	19.73	18.79	107.15	149.28
Free Cash Flow Per Share	1.33	0.86	0.44	0.42	2.41	3.35
Dividend Per Share	1.500	1.500	1.000	1.000	1.000	1.100
Dividend Growth	50.00%	50.00%	-	-	-9.09%	-
Operating Margin	40.72%	36.02%	27.73%	-30.86%	46.34%	37.55%
Profit Margin	24.59%	20.52%	16.45%	-49.94%	37.41%	26.78%
Free Cash Flow Margin	10.98%	8.12%	4.32%	7.61%	20.08%	36.25%
EBITDA	226.35	176.3	143.33	-59.72	263.66	169.59
EBITDA Margin	41.96%	37.41%	31.41%	-24.17%	49.40%	41.19%
D&A For EBITDA	6.7	6.58	16.81	16.54	16.33	14.99
EBIT	219.66	169.73	126.52	-76.26	247.34	154.6
EBIT Margin	40.72%	36.02%	27.73%	-30.86%	46.34%	37.55%
Effective Tax Rate	39.31%	42.64%	40.19%	-	18.94%	28.25%

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