iA Financial Corporation Income Statement

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

Millions CAD. 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	5,977	5,333	4,541	5,138	13,164	11,196
Total Interest & Dividend Income	1,492	1,126	-1,289	10,136	1,620	1,448
Gain (Loss) on Sale of Investments	-658	-307	1,969	-10,135	-1,414	3,220
Other Revenue	1,944	1,744	1,537	1,537	2,104	1,759
Total Revenue	8,755	7,896	6,758	6,676	15,474	17,623
Revenue Growth (YoY)	11.18%	16.84%	1.23%	-56.86%	-12.19%	15.45%
Policy Benefits	3,945	3,434	2,861	3,797	10,154	13,218
Policy Acquisition & Underwriting Costs	762	762	577	332	2,180	1,788
Selling, General & Administrative	-	-	-	-	1,799	1,634
Other Operating Expenses	2,621	2,404	2,253	2,141	141	129
Total Operating Expenses	7,328	6,600	5,691	6,270	14,298	16,779
Operating Income	1,427	1,296	1,067	406	1,176	844
Interest Expense	-61	-61	-58	-51	-68	-69
Other Non Operating Income (Expenses)	-6	-6	-8	-6	-9	-4
EBT Excluding Unusual Items	1,360	1,229	1,001	349	1,099	771
Impairment of Goodwill	-	-	-	-	-	-24
Gain (Loss) on Sale of Assets	-	-	-	-	12	16
Pretax Income	1,360	1,229	1,001	349	1,111	763
Income Tax Expense	239	267	212	15	259	130
Net Income	1,121	962	789	334	852	633
Preferred Dividends & Other Adjustments	30	20	20	25	22	22
Net Income to Common	1,091	942	769	309	830	611
Net Income Growth	13.00%	21.93%	136.23%	-60.80%	34.60%	-10.72%
Shares Outstanding (Basic)	93	96	102	106	107	107
Shares Outstanding (Diluted)	94	96	103	107	108	107
Shares Change (YoY)	-4.09%	-6.80%	-3.74%	-0.93%	0.94%	-
EPS (Basic)	11.73	9.81	7.54	2.92	7.76	5.71
EPS (Diluted)	11.64	9.77	7.48	2.89	7.70	5.70
EPS Growth	17.56%	30.61%	158.82%	-62.47%	35.09%	-10.94%
Free Cash Flow	575	763	1,063	326	-63	1,683
Free Cash Flow Per Share	6.13	7.95	10.32	3.05	-0.58	15.73
Dividend Per Share	3.780	3.440	3.115	2.650	2.080	1.940
Dividend Growth	12.50%	10.43%	17.55%	27.40%	7.22%	5.72%
Operating Margin	16.30%	16.41%	15.79%	6.08%	7.60%	4.79%
Profit Margin	12.46%	11.93%	11.38%	4.63%	5.36%	3.47%
Free Cash Flow Margin	6.57%	9.66%	15.73%	4.88%	-0.41%	9.55%
EBITDA	1,650	1,491	1,248	566	1,504	1,064
EBITDA Margin	18.85%	18.88%	18.47%	8.48%	9.72%	6.04%
D&A For EBITDA	223	195	181	160	328	220
EBIT	1,427	1,296	1,067	406	1,176	844
EBIT Margin	16.30%	16.41%	15.79%	6.08%	7.60%	4.79%
Effective Tax Rate	17.57%	21.73%	21.18%	4.30%	23.31%	17.04%
Revenue as Reported	-	-	-	-	15,486	17,639

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