PT Malacca Trust Wuwungan Insurance Tbk (IDX:MTWI)

IDX:MTWI 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	462,576	302,373	145,233	95,294	77,260	99,024
Total Interest & Dividend Income	32,459	30,860	22,517	8,667	7,934	8,486
Gain (Loss) on Sale of Investments	-3,343	-3,343	-1,931	-598.71	-308.14	5.42
Other Revenue	3,068	2,476	1,653	1,371	1,388	1,333
Total Revenue	494,760	332,366	167,471	104,734	86,274	108,848
Revenue Growth (YoY)	98.70%	98.46%	59.90%	21.40%	-20.74%	6.58%
Policy Benefits	390,474	248,096	142,411	66,153	52,146	64,815
Policy Acquisition & Underwriting Costs	-8,373	4,771	27,882	44,895	25,006	20,122
Depreciation & Amortization	5,022	3,320	2,705	2,668	2,344	2,395
Selling, General & Administrative	20,154	15,170	12,272	8,746	8,042	8,666
Provision for Bad Debts	301.81	301.81	2,911	493.96	11.09	0.58
Other Operating Expenses	-57,812	-68,347	-59,355	-25,733	-22,147	-10,475
Total Operating Expenses	393,826	240,078	152,113	115,890	80,292	101,487
Operating Income	100,935	92,287	15,358	-11,156	5,982	7,360
Interest Expense	-501.09	-391.34	-35.46	-128.42	-195.86	-308.68
Currency Exchange Gain (Loss)	15,605	3,728	-1,190	1,868	532.45	809.81
Other Non Operating Income (Expenses)	-4,652	-578.91	-104.05	186.62	548.13	702.97
EBT Excluding Unusual Items	111,387	95,045	14,028	-9,230	6,866	8,564
Gain (Loss) on Sale of Assets	-0	-35.13	7.44	4.82	4.23	-21.48
Asset Writedown	41.98	41.98	83.34	137.24	18.48	-134.7
Pretax Income	111,429	95,052	14,119	-9,088	6,889	8,408
Income Tax Expense	22,117	19,412	1,870	-721.9	3,587	5,982
Earnings From Continuing Ops.	89,311	75,641	12,249	-8,366	3,302	2,426
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	89,311	75,641	12,249	-8,366	3,302	2,426
Net Income to Common	89,311	75,641	12,249	-8,366	3,302	2,426
Net Income Growth	79.38%	517.50%	-	-	36.10%	233.88%
Shares Outstanding (Basic)	2,924	2,924	2,902	1,532	1,526	1,526
Shares Outstanding (Diluted)	2,924	2,924	2,902	1,532	1,526	1,526
Shares Change (YoY)	0.85%	0.79%	89.41%	0.40%	-	-
EPS (Basic)	30.54	25.86	4.22	-5.46	2.16	1.59
EPS (Diluted)	30.54	25.86	4.22	-5.46	2.16	1.59
EPS Growth	77.87%	512.68%	-	-	36.12%	233.82%
Free Cash Flow	-40,169	79,489	110,573	44,274	-27,209	-11,115
Free Cash Flow Per Share	-13.73	27.18	38.11	28.90	-17.83	-7.28
Dividend Per Share	7.902	5.166	-	-	-	-
Operating Margin	20.40%	27.77%	9.17%	-10.65%	6.93%	6.76%
Profit Margin	18.05%	22.76%	7.31%	-7.99%	3.83%	2.23%
Free Cash Flow Margin	-8.12%	23.92%	66.03%	42.27%	-31.54%	-10.21%
EBITDA	103,578	94,437	16,932	-9,451	7,403	8,801
EBITDA Margin	20.94%	28.41%	10.11%	-9.02%	8.58%	8.09%
D&A For EBITDA	2,643	2,150	1,574	1,704	1,421	1,441
EBIT	100,935	92,287	15,358	-11,156	5,982	7,360
EBIT Margin	20.40%	27.77%	9.17%	-10.65%	6.93%	6.76%
Effective Tax Rate	19.85%	20.42%	13.24%	-	52.06%	71.14%

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