Sagicor Group Jamaica 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	59,140	54,534	46,818	40,672	52,785	50,379
Total Interest & Dividend Income	27,122	29,611	29,525	21,214	20,755	23,542
Gain (Loss) on Sale of Investments	7,510	503.49	617.23	505.76	11,985	-3,756
Non-Insurance Activities Revenue	-	-	-	-	4,419	2,427
Other Revenue	19,466	18,524	17,488	21,173	16,272	13,328
Total Revenue	113,238	103,173	94,449	83,564	106,214	85,921
Revenue Growth (YoY)	12.99%	9.24%	13.03%	-21.32%	23.62%	-11.86%
Policy Benefits	48,276	48,292	38,750	33,534	39,332	28,687
Policy Acquisition & Underwriting Costs	-	-	-	-	7,556	6,922
Depreciation & Amortization	1,692	1,692	1,562	2,114	2,719	2,870
Selling, General & Administrative	28,359	28,359	25,388	24,183	23,152	20,543
Non-Insurance Activities Expense	-	-	-	-	3,367	2,086
Other Operating Expenses	2,633	937.79	911.92	2,379	1,830	1,665
Total Operating Expenses	82,505	80,696	67,152	62,827	78,118	63,992
Operating Income	30,733	22,477	27,297	20,737	28,096	21,929
Interest Expense	-9,080	-9,080	-8,617	-6,303	-5,122	-5,028
Earnings From Equity Investments	406.72	226.38	241.66	439.99	607.76	-5,156
Currency Exchange Gain (Loss)	175.29	175.29	140.61	256.3	1,124	183.8
EBT Excluding Unusual Items	22,235	13,798	19,062	15,131	24,706	11,928
Merger & Restructuring Charges	-	-	-	-118	-22.87	-192.9
Impairment of Goodwill	-700	-700	-	-530.13	-614.4	-1,232
Gain (Loss) on Sale of Assets	-	-	-	258.21	-43.6	-408.89
Asset Writedown	-	-	-	-	68	83.68
Pretax Income	21,535	13,098	19,062	14,741	24,093	10,178
Income Tax Expense	5,757	4,048	4,488	4,897	6,450	5,694
Earnings From Continuing Ops.	15,777	9,051	14,573	9,843	17,643	4,485
Minority Interest in Earnings	74.11	187.63	-205.26	-257.46	-247.66	9,295
Net Income	15,851	9,238	14,368	9,586	17,395	13,780
Net Income to Common	15,851	9,238	14,368	9,586	17,395	13,780
Net Income Growth	45.23%	-35.70%	49.89%	-44.89%	26.24%	-11.95%
Shares Outstanding (Basic)	3,893	3,902	3,904	3,906	3,901	3,902
Shares Outstanding (Diluted)	3,894	3,902	3,915	3,914	3,905	3,906
Shares Change (YoY)	-0.75%	-0.32%	0.03%	0.22%	-0.02%	0.05%
EPS (Basic)	4.07	2.37	3.68	2.45	4.46	3.53
EPS (Diluted)	4.07	2.37	3.67	2.45	4.46	3.53
EPS Growth	46.36%	-35.48%	49.80%	-45.06%	26.33%	-11.97%
Free Cash Flow	-16,883	-4,880	-3,027	-28,916	2,523	5,139
Free Cash Flow Per Share	-4.34	-1.25	-0.77	-7.39	0.65	1.32
Dividend Per Share	1.660	1.180	1.470	1.260	2.170	0.850
Dividend Growth	20.73%	-19.73%	16.67%	-41.94%	155.29%	-40.97%
Operating Margin	27.14%	21.79%	28.90%	24.82%	26.45%	25.52%
Profit Margin	14.00%	8.95%	15.21%	11.47%	16.38%	16.04%
Free Cash Flow Margin	-14.91%	-4.73%	-3.21%	-34.60%	2.38%	5.98%
EBITDA	31,813	23,529	28,311	22,328	29,836	23,702
EBITDA Margin	28.09%	22.80%	29.98%	26.72%	28.09%	27.59%
D&A For EBITDA	1,080	1,052	1,015	1,591	1,740	1,773
EBIT	30,733	22,477	27,297	20,737	28,096	21,929
EBIT Margin	27.14%	21.79%	28.90%	24.82%	26.45%	25.52%
Effective Tax Rate	26.73%	30.90%	23.55%	33.22%	26.77%	55.94%

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