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	13,067	11,427	8,576	6,667	3,033
Total Interest & Dividend Income	253.17	238.76	222.19	254.18	219.72
Gain (Loss) on Sale of Investments	187.31	43.18	-2.87	131.1	-
Other Revenue	-	-	-	-	909.08
Total Revenue	13,508	11,709	8,795	7,052	4,162
Revenue Growth (YoY)	15.36%	33.13%	24.72%	69.45%	9.79%
Policy Benefits	12,524	11,178	7,880	6,047	1,751
Policy Acquisition & Underwriting Costs	-	-	-	-	511.03
Selling, General & Administrative	25.41	38.99	36.26	33.17	1,583
Other Operating Expenses	378.42	190.7	233.92	161.23	164.66
Total Operating Expenses	12,927	11,408	8,150	6,242	4,010
Operating Income	580.26	301.1	645.25	810.1	151.6
Interest Expense	-	-	-	-	-7.4
Currency Exchange Gain (Loss)	32.76	-22.98	70.08	2.93	102.09
Other Non Operating Income (Expenses)	-	-	-	-	0.33
EBT Excluding Unusual Items	613.02	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	613.02	299.67	740.5	891.33	259.7
Income Tax Expense	161.5	51.34	192.23	110.94	110.46
Earnings From Continuing Ops.	451.52	248.32	548.27	780.39	149.24
Minority Interest in Earnings	-9.57	-6.99	-8.09	-49.65	105.51
Net Income	441.95	241.33	540.18	730.74	254.75
Net Income to Common	441.95	241.33	540.18	730.74	254.75
Net Income Growth	83.13%	-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
EPS (Basic)	0.43	0.23	0.52	0.71	0.25
EPS (Diluted)	0.43	0.23	0.52	0.71	0.25
EPS Growth	83.13%	-55.32%	-26.08%	186.85%	5.05%
Free Cash Flow	2,188	994.2	150.26	-426.49	-382.55
Free Cash Flow Per Share	2.12	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	4.30%	2.57%	7.34%	11.49%	3.64%
Profit Margin	3.27%	2.06%	6.14%	10.36%	6.12%
Free Cash Flow Margin	16.20%	8.49%	1.71%	-6.05%	-9.19%
EBITDA	704.52	394.36	734.24	882.43	220.79
EBITDA Margin	5.22%	3.37%	8.35%	12.51%	5.31%
D&A For EBITDA	124.26	93.25	88.98	72.33	69.19
EBIT	580.26	301.1	645.25	810.1	151.6
EBIT Margin	4.30%	2.57%	7.34%	11.49%	3.64%
Effective Tax Rate	26.35%	17.13%	25.96%	12.45%	42.53%

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