PT Asuransi Multi Artha Guna Tbk (IDX: AMAG)

AMAG Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	852,205	809,084	728,534	669,028	677,904	724,147
Total Interest & Dividend Income	146,464	124,981	119,137	93,588	79,716	81,412
Gain (Loss) on Sale of Investments	-20,001	-702.85	4,143	13,953	-26,263	-26,957
Other Revenue	8,222	7,624	6,450	6,552	48,694	7,015
Total Revenue	986,889	940,987	858,265	783,122	780,051	785,617
Revenue Growth (YoY)	5.55%	9.64%	9.60%	0.39%	-0.71%	7.70%
Policy Benefits	406,428	377,564	332,488	298,366	268,908	347,967
Policy Acquisition & Underwriting Costs	-	-	-	-	39,056	45,368
Selling, General & Administrative	462,094	445,529	414,614	381,283	323,551	293,804
Other Operating Expenses	-61,577	-56,553	-61,396	-53,494	12,399	13,500
Total Operating Expenses	806,945	766,541	685,706	626,155	643,913	700,640
Operating Income	179,944	174,446	172,559	156,967	136,138	84,978
Currency Exchange Gain (Loss)	8,786	-19,504	15,991	1,382	-12,283	-6,044
Other Non Operating Income (Expenses)	-1,151	2,841	4,262	2,820	-	-
EBT Excluding Unusual Items	187,579	157,783	192,812	161,169	123,855	78,934
Pretax Income	187,579	157,783	192,812	161,169	123,855	78,934
Income Tax Expense	10,387	9,709	23,038	11,731	16,602	5,873
Net Income	177,191	148,074	169,774	149,438	107,253	73,060
Net Income to Common	177,191	148,074	169,774	149,438	107,253	73,060
Net Income Growth	16.73%	-12.78%	13.61%	39.33%	46.80%	158.65%
Shares Outstanding (Basic)	4,958	4,983	4,986	4,987	5,002	5,002
Shares Outstanding (Diluted)	4,958	4,983	4,986	4,987	5,002	5,002
Shares Change (YoY)	-0.56%	-0.07%	-0.01%	-0.30%	-	-
EPS (Basic)	35.74	29.72	34.05	29.97	21.44	14.61
EPS (Diluted)	35.74	29.72	34.05	29.97	21.44	14.61
EPS Growth	17.40%	-12.72%	13.62%	39.78%	46.77%	158.65%
Free Cash Flow	19,911	139,163	226,404	30,043	78,002	272,060
Free Cash Flow Per Share	4.02	27.93	45.41	6.02	15.60	54.40
Dividend Per Share	30.000	30.000	20.000	50.000	50.000	-
Dividend Growth	50.00%	50.00%	-60.00%	0%	-	-
Operating Margin	18.23%	18.54%	20.11%	20.04%	17.45%	10.82%
Profit Margin	17.95%	15.74%	19.78%	19.08%	13.75%	9.30%
Free Cash Flow Margin	2.02%	14.79%	26.38%	3.84%	10.00%	34.63%
EBITDA	190,863	187,171	183,080	168,436	147,337	95,999
EBITDA Margin	19.34%	19.89%	21.33%	21.51%	18.89%	12.22%
D&A For EBITDA	10,919	12,724	10,522	11,469	11,199	11,021
EBIT	179,944	174,446	172,559	156,967	136,138	84,978
EBIT Margin	18.23%	18.54%	20.11%	20.04%	17.45%	10.82%
Effective Tax Rate	5.54%	6.15%	11.95%	7.28%	13.40%	7.44%
Revenue as Reported	994,523	924,324	878,518	787,324	767,769	779,573

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