JMSE:ROC Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,239	2,136	1,755	1,395	991.9	190.28
Total Interest & Dividend Income	107.78	97.68	93.51	77.08	69.2	43.87
Gain (Loss) on Sale of Investments	10.52	9.31	14.45	4.75	-	9.85
Other Revenue	-0.23	3.58	9.52	20.07	7.54	173.2
Total Revenue	2,357	2,247	1,872	1,497	1,069	417.2
Revenue Growth (YoY)	20.06%	20.01%	25.05%	40.11%	156.15%	6.91%
Policy Benefits	2,130	2,040	1,604	1,276	929.02	91.07
Policy Acquisition & Underwriting Costs	-	-	-	-	-	101.63
Amortization of Goodwill & Intangibles	-	-	-	-	-	0.64
Depreciation & Amortization	-	-	-	-	-	3.39
Selling, General & Administrative	-	-	-	-	-	114
Other Operating Expenses	200.28	198.97	174.79	118.51	103.6	-
Total Operating Expenses	2,330	2,239	1,779	1,394	1,033	379.65
Operating Income	26.76	7.78	93.28	103.1	36	37.55
Interest Expense	-21.46	-17.29	-	-	-	-1.84
Currency Exchange Gain (Loss)	-	-	-	-	-	25.13
Pretax Income	5.3	-9.51	93.28	103.1	36	60.84
Income Tax Expense	2.95	2.95	12.57	19.14	2.38	7.13
Net Income	2.36	-12.45	80.71	83.96	33.63	53.71
Net Income to Common	2.36	-12.45	80.71	83.96	33.63	53.71
Net Income Growth	-96.50%	-	-3.88%	149.68%	-37.39%	12.01%
Shares Outstanding (Basic)	223	214	214	214	214	214
Shares Outstanding (Diluted)	223	214	214	214	214	214
EPS (Basic)	0.01	-0.06	0.38	0.39	0.16	0.25
EPS (Diluted)	0.01	-0.06	0.38	0.39	0.16	0.25
EPS Growth	-96.60%	-	-3.88%	149.68%	-37.39%	12.01%
Free Cash Flow	351.73	872.87	55.68	77.41	26.38	26.32
Free Cash Flow Per Share	1.58	4.08	0.26	0.36	0.12	0.12
Dividend Per Share	0.090	0.090	0.045	0.033	-	-
Dividend Growth	100.00%	100.00%	38.46%	-	-	-
Operating Margin	1.14%	0.35%	4.98%	6.89%	3.37%	9.00%
Profit Margin	0.10%	-0.55%	4.31%	5.61%	3.15%	12.87%
Free Cash Flow Margin	14.92%	38.85%	2.97%	5.17%	2.47%	6.31%
EBITDA	64.49	39.01	99.59	107.83	40.59	40.94
EBITDA Margin	2.74%	1.74%	5.32%	7.20%	3.80%	9.81%
D&A For EBITDA	37.72	31.23	6.3	4.73	4.59	3.39
EBIT	26.76	7.78	93.28	103.1	36	37.55
EBIT Margin	1.14%	0.35%	4.98%	6.89%	3.37%	9.00%
Effective Tax Rate	55.56%	-	13.48%	18.56%	6.60%	11.72%

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