JMSE:GENAC Income Statement

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

Millions JMD. 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	12,969	11,427	8,576	6,667	3,033
Total Interest & Dividend Income	568.15	238.76	222.19	254.18	219.72
Gain (Loss) on Sale of Investments	-	43.18	-2.87	131.1	-
Other Revenue	-	-	-	-	909.08
Total Revenue	13,537	11,709	8,795	7,052	4,162
Revenue Growth (YoY)	15.62%	33.13%	24.72%	69.45%	9.79%
Policy Benefits	12,709	11,178	7,880	6,047	1,751
Policy Acquisition & Underwriting Costs	-	-	-	-	511.03
Selling, General & Administrative	-	38.99	36.26	33.17	1,583
Other Operating Expenses	347.56	190.7	233.92	161.23	164.66
Total Operating Expenses	13,057	11,408	8,150	6,242	4,010
Operating Income	480.4	301.1	645.25	810.1	151.6
Interest Expense	-	-	-	-	-7.4
Currency Exchange Gain (Loss)	-	-22.98	70.08	2.93	102.09
Other Non Operating Income (Expenses)	-	-	-	-	0.33
EBT Excluding Unusual Items	480.4	278.13	715.33	813.04	246.62
Gain (Loss) on Sale of Assets	-	-	1.17	0.32	6.27
Asset Writedown	-	21.54	24	77.97	6.8
Pretax Income	480.4	299.67	740.5	891.33	259.7
Income Tax Expense	80.75	51.34	192.23	110.94	110.46
Earnings From Continuing Ops.	399.65	248.32	548.27	780.39	149.24
Minority Interest in Earnings	-7.93	-6.99	-8.09	-49.65	105.51
Net Income	391.72	241.33	540.18	730.74	254.75
Net Income to Common	391.72	241.33	540.18	730.74	254.75
Net Income Growth	62.31%	-55.32%	-26.08%	186.85%	5.05%
Shares Outstanding (Basic)	1,031	1,031	1,031	1,031	1,031
Shares Outstanding (Diluted)	1,031	1,031	1,031	1,031	1,031
Shares Change (YoY)	-0.04%	-	-	-	-
EPS (Basic)	0.38	0.23	0.52	0.71	0.25
EPS (Diluted)	0.38	0.23	0.52	0.71	0.25
EPS Growth	62.38%	-55.32%	-26.08%	186.85%	5.05%
Free Cash Flow	2,570	994.2	150.26	-426.49	-382.55
Free Cash Flow Per Share	2.49	0.96	0.15	-0.41	-0.37
Dividend Per Share	0.078	0.218	0.196	0.243	0.191
Dividend Growth	-64.44%	11.09%	-19.17%	27.41%	-11.68%
Operating Margin	3.55%	2.57%	7.34%	11.49%	3.64%
Profit Margin	2.89%	2.06%	6.14%	10.36%	6.12%
Free Cash Flow Margin	18.98%	8.49%	1.71%	-6.05%	-9.19%
EBITDA	665.73	394.36	734.24	882.43	220.79
EBITDA Margin	4.92%	3.37%	8.35%	12.51%	5.31%
D&A For EBITDA	185.33	93.25	88.98	72.33	69.19
EBIT	480.4	301.1	645.25	810.1	151.6
EBIT Margin	3.55%	2.57%	7.34%	11.49%	3.64%
Effective Tax Rate	16.81%	17.13%	25.96%	12.45%	42.53%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.