PT Asuransi Maximus Graha Persada Tbk (IDX:ASMI)

IDX:ASMI Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	317,916	373,958	382,281	338,956	204,554	185,568
Total Interest & Dividend Income	17,833	8,231	6,646	6,659	4,328	16,418
Gain (Loss) on Sale of Investments	-2,605	-2,605	4,604	-103,440	69,956	-34,028
Total Revenue	333,144	379,585	393,532	242,175	278,838	167,957
Revenue Growth (YoY)	-3.52%	-3.54%	62.50%	-13.15%	66.02%	-8.22%
Policy Benefits	124,138	137,002	143,249	132,582	130,487	157,271
Policy Acquisition & Underwriting Costs	73,571	96,728	106,699	92,221	46,971	21,914
Amortization of Goodwill & Intangibles	759.53	778.08	693.49	701.54	991.36	466.22
Depreciation & Amortization	3,739	3,360	4,181	4,163	3,688	3,280
Selling, General & Administrative	72,630	87,285	81,623	65,813	39,658	29,443
Provision for Bad Debts	750	900	900	900	5,794	14,356
Other Operating Expenses	8,492	7,863	8,769	3,369	3,405	5,627
Total Operating Expenses	322,232	370,661	380,021	333,845	267,144	270,945
Operating Income	10,912	8,923	13,511	-91,669	11,694	-102,988
Interest Expense	-	-188.09	-578.88	-187.78	-493.1	-286.12
Currency Exchange Gain (Loss)	-525.91	2,738	-922.36	1,687	333.98	218.29
Other Non Operating Income (Expenses)	6,503	-1,737	339.68	3,329	1,000	2,529
EBT Excluding Unusual Items	17,524	9,736	12,350	-86,841	12,535	-100,527
Gain (Loss) on Sale of Assets	4.21	-	-	-	-227.14	543.65
Asset Writedown	-	-	0.08	-	-	-
Pretax Income	17,528	9,736	12,350	-86,841	12,308	-99,983
Income Tax Expense	2,659	2,659	4,781	-508.77	-7,243	-11,457
Net Income	14,869	7,077	7,569	-86,332	19,551	-88,527
Net Income to Common	14,869	7,077	7,569	-86,332	19,551	-88,527
Net Income Growth	-	-6.50%	-	-	-	-
Shares Outstanding (Basic)	8,958	8,958	8,958	8,958	8,958	8,146
Shares Outstanding (Diluted)	8,958	8,958	8,958	8,958	8,958	8,146
Shares Change (YoY)	-	-	-	-	9.97%	1.71%
EPS (Basic)	1.66	0.79	0.84	-9.64	2.18	-10.87
EPS (Diluted)	1.66	0.79	0.84	-9.64	2.18	-10.87
EPS Growth	-	-6.50%	-	-	-	-
Free Cash Flow	-32,542	-41,375	-63,967	97,428	3,023	-172,999
Free Cash Flow Per Share	-3.63	-4.62	-7.14	10.88	0.34	-21.24
Operating Margin	3.28%	2.35%	3.43%	-37.85%	4.19%	-61.32%
Profit Margin	4.46%	1.86%	1.92%	-35.65%	7.01%	-52.71%
Free Cash Flow Margin	-9.77%	-10.90%	-16.25%	40.23%	1.08%	-103.00%
EBITDA	13,347	11,415	15,692	-89,650	13,552	-101,156
EBITDA Margin	4.01%	3.01%	3.99%	-37.02%	4.86%	-60.23%
D&A For EBITDA	2,436	2,492	2,181	2,019	1,858	1,833
EBIT	10,912	8,923	13,511	-91,669	11,694	-102,988
EBIT Margin	3.28%	2.35%	3.43%	-37.85%	4.19%	-61.32%
Effective Tax Rate	15.17%	27.31%	38.71%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.