JMSE:ROC Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	2,031	1,755	1,395	991.9	190.28	193.05
Total Interest & Dividend Income	111.57	112.92	77.08	69.2	43.87	40.21
Gain (Loss) on Sale of Investments	-4.46	-4.97	4.75	-	9.85	8.11
Other Revenue	15.06	9.52	20.07	7.54	173.2	148.86
Total Revenue	2,153	1,872	1,497	1,069	417.2	390.22
Revenue Growth (YoY)	20.04%	25.05%	40.11%	156.15%	6.91%	4.22%
Policy Benefits	1,900	1,604	1,276	929.02	91.07	89.56
Policy Acquisition & Underwriting Costs	-	-	-	-	101.63	93.59
Amortization of Goodwill & Intangibles	-	-	-	-	0.64	0.64
Depreciation & Amortization	-	-	-	-	3.39	9.81
Selling, General & Administrative	-	-	-	-	114	106.89
Other Operating Expenses	209.87	174.79	118.51	103.6	-	-
Total Operating Expenses	2,110	1,779	1,394	1,033	379.65	367.59
Operating Income	43.42	93.28	103.1	36	37.55	22.63
Interest Expense	-	-	-	-	-1.84	-1.62
Currency Exchange Gain (Loss)	-	-	-	-	25.13	11.82
Pretax Income	43.42	93.28	103.1	36	60.84	32.83
Income Tax Expense	12.33	12.57	19.14	2.38	7.13	-15.12
Net Income	31.09	80.71	83.96	33.63	53.71	47.95
Net Income to Common	31.09	80.71	83.96	33.63	53.71	47.95
Net Income Growth	-61.76%	-3.88%	149.68%	-37.39%	12.01%	856.40%
Shares Outstanding (Basic)	227	214	214	214	214	214
Shares Outstanding (Diluted)	227	214	214	214	214	214
EPS (Basic)	0.14	0.38	0.39	0.16	0.25	0.22
EPS (Diluted)	0.14	0.38	0.39	0.16	0.25	0.22
EPS Growth	-65.55%	-3.88%	149.68%	-37.39%	12.01%	856.44%
Free Cash Flow	-43.65	55.68	77.41	26.38	26.32	-101.04
Free Cash Flow Per Share	-0.19	0.26	0.36	0.12	0.12	-0.47
Dividend Per Share	-	0.045	0.033	-	-	-
Dividend Growth	-	38.46%	-	-	-	-
Operating Margin	2.02%	4.98%	6.89%	3.37%	9.00%	5.80%
Profit Margin	1.44%	4.31%	5.61%	3.15%	12.87%	12.29%
Free Cash Flow Margin	-2.03%	2.97%	5.17%	2.47%	6.31%	-25.89%
EBITDA	51.87	99.59	107.83	40.59	40.94	27.39
EBITDA Margin	2.41%	5.32%	7.20%	3.80%	9.81%	7.02%
D&A For EBITDA	8.44	6.3	4.73	4.59	3.39	4.76
EBIT	43.42	93.28	103.1	36	37.55	22.63
EBIT Margin	2.02%	4.98%	6.89%	3.37%	9.00%	5.80%
Effective Tax Rate	28.40%	13.48%	18.56%	6.60%	11.72%	-

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