iA Financial Corporation Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	6,195	5,333	4,541	5,138	13,164
Total Interest & Dividend Income	1,751	1,107	-1,289	10,136	1,620
Gain (Loss) on Sale of Investments	-933	-288	1,969	-10,135	-1,414
Other Revenue	2,092	1,744	1,537	1,537	2,104
Total Revenue	9,105	7,896	6,758	6,676	15,474
Revenue Growth (YoY)	15.31%	16.84%	1.23%	-56.86%	-12.19%
Policy Benefits	3,793	3,434	2,861	3,797	10,154
Policy Acquisition & Underwriting Costs	1,124	762	577	332	2,180
Selling, General & Administrative	-	-	-	-	1,799
Other Operating Expenses	2,791	2,404	2,253	2,141	141
Total Operating Expenses	7,708	6,600	5,691	6,270	14,298
Operating Income	1,397	1,296	1,067	406	1,176
Interest Expense	-69	-61	-58	-51	-68
Other Non Operating Income (Expenses)	-	-6	-8	-6	-9
EBT Excluding Unusual Items	1,328	1,229	1,001	349	1,099
Gain (Loss) on Sale of Assets	-	-	-	-	12
Pretax Income	1,328	1,229	1,001	349	1,111
Income Tax Expense	232	267	212	15	259
Net Income	1,096	962	789	334	852
Preferred Dividends & Other Adjustments	43	20	20	25	22
Net Income to Common	1,053	942	769	309	830
Net Income Growth	13.93%	21.93%	136.23%	-60.80%	34.60%
Shares Outstanding (Basic)	93	96	102	106	107
Shares Outstanding (Diluted)	93	96	103	107	108
Shares Change (YoY)	-3.13%	-6.80%	-3.74%	-0.93%	0.94%
EPS (Basic)	11.32	9.81	7.54	2.92	7.76
EPS (Diluted)	11.29	9.77	7.48	2.89	7.70
EPS Growth	15.56%	30.61%	158.82%	-62.47%	35.09%
Free Cash Flow	2,106	763	1,063	326	-63
Free Cash Flow Per Share	22.64	7.95	10.32	3.05	-0.58
Dividend Per Share	3.870	3.440	3.115	2.650	2.080
Dividend Growth	12.50%	10.43%	17.55%	27.40%	7.22%
Operating Margin	15.34%	16.41%	15.79%	6.08%	7.60%
Profit Margin	11.56%	11.93%	11.38%	4.63%	5.36%
Free Cash Flow Margin	23.13%	9.66%	15.73%	4.88%	-0.41%
EBITDA	1,623	1,491	1,248	566	1,504
EBITDA Margin	17.82%	18.88%	18.47%	8.48%	9.72%
D&A For EBITDA	226	195	181	160	328
EBIT	1,397	1,296	1,067	406	1,176
EBIT Margin	15.34%	16.41%	15.79%	6.08%	7.60%
Effective Tax Rate	17.47%	21.73%	21.18%	4.30%	23.31%
Revenue as Reported	-	-	-	-	15,486

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