COFACE SA (EPA:COFA)

COFACE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,511	1,513	1,559	1,516	1,313	1,204
Total Interest & Dividend Income	73.91	37.58	-7.03	15.15	24.03	26.9
Gain (Loss) on Sale of Investments	7.43	14.31	18.17	19.14	2.62	-
Non-Insurance Activities Revenue	74.06	73.69	72.69	70.41	64.4	58.45
Other Revenue	269.49	258.23	236.48	212.95	190.82	188.08
Total Revenue	1,936	1,897	1,879	1,833	1,595	1,478
Revenue Growth (YoY)	2.00%	0.92%	2.51%	14.98%	7.90%	-2.70%
Policy Benefits	550.69	505.77	558.05	537.69	280.46	623.65
Policy Acquisition & Underwriting Costs	195.86	196.48	196.67	170.14	259.32	238.45
Selling, General & Administrative	671.99	655.64	613.33	604.24	270.99	261.81
Non-Insurance Activities Expense	16.16	-0.17	0.53	-0.31	13.03	12.93
Other Operating Expenses	8.47	-	-	-	155.92	142.58
Reinsurance Income or Expense	-106.56	-118.44	-104.24	-138.64	-314.29	-44.12
Total Operating Expenses	1,550	1,476	1,473	1,450	1,294	1,324
Operating Income	386.42	420.58	406.55	382.92	300.51	154.23
Interest Expense	-41.52	-42.96	-34.27	-29.61	-21.48	-21.74
Currency Exchange Gain (Loss)	-22.08	-2.71	-38.67	-16.14	15.53	-
Other Non Operating Income (Expenses)	0	0	-0	0	-0	-
EBT Excluding Unusual Items	322.82	374.91	333.61	337.18	294.56	132.49
Merger & Restructuring Charges	-3.27	-3.27	-1.63	-2.21	-2.74	-5.82
Impairment of Goodwill	-	-	-	-	-	-0.85
Other Unusual Items	-5.37	-5.37	-3.32	-7.32	-0.44	1.79
Pretax Income	314.18	366.27	328.65	327.64	291.39	127.61
Income Tax Expense	84.04	105.23	88.03	86.92	67.51	44.7
Earnings From Continuing Ops.	230.15	261.04	240.62	240.72	223.87	82.9
Minority Interest in Earnings	-0.5	0.03	-0.12	-0.27	-0.06	-0
Net Income	229.64	261.07	240.5	240.44	223.82	82.9
Net Income to Common	229.64	261.07	240.5	240.44	223.82	82.9
Net Income Growth	-11.16%	8.55%	0.02%	7.43%	169.98%	-43.50%
Shares Outstanding (Basic)	149	149	149	149	149	150
Shares Outstanding (Diluted)	149	149	149	149	149	150
Shares Change (YoY)	0.03%	0.08%	-0.01%	0.01%	-0.88%	-0.53%
EPS (Basic)	1.54	1.75	1.61	1.61	1.50	0.55
EPS (Diluted)	1.54	1.75	1.61	1.61	1.50	0.55
EPS Growth	-11.06%	8.70%	0%	7.33%	172.73%	-43.30%
Free Cash Flow	194.76	326.65	268.82	423.19	309.79	160.46
Free Cash Flow Per Share	1.30	2.19	1.80	2.84	2.08	1.07
Dividend Per Share	1.400	1.400	1.300	1.520	1.500	0.550
Dividend Growth	7.69%	7.69%	-14.47%	1.33%	172.73%	-
Operating Margin	19.96%	22.17%	21.63%	20.89%	18.85%	10.44%
Profit Margin	11.86%	13.76%	12.80%	13.11%	14.04%	5.61%
Free Cash Flow Margin	10.06%	17.22%	14.30%	23.08%	19.43%	10.86%
EBITDA	428.65	462.05	431.34	408.07	320.24	167.84
EBITDA Margin	22.14%	24.36%	22.95%	22.26%	20.08%	11.36%
D&A For EBITDA	42.23	41.48	24.79	25.15	19.73	13.61
EBIT	386.42	420.58	406.55	382.92	300.51	154.23
EBIT Margin	19.96%	22.17%	21.63%	20.89%	18.85%	10.44%
Effective Tax Rate	26.75%	28.73%	26.79%	26.53%	23.17%	35.03%

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