VM Investments 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
Interest and Dividend Income	1,808	1,774	1,710	1,445	1,157	945.04
Total Interest Expense	1,547	1,596	1,647	1,159	767.41	652.99
Net Interest Income	261.27	177.55	63.38	286.08	390.09	292.05
Brokerage Commission	1,110	1,015	944.93	1,012	800.81	925.32
Gain on Sale of Investments (Rev)	1,063	1,437	866.34	946.53	670.16	639.21
Other Revenue	-2.15	13.68	7.88	92.58	3.95	19.01
Revenue Before Loan Losses	2,433	2,643	1,883	2,337	1,865	1,876
Provision for Loan Losses	272.85	272.85	208.33	3.28	-	-
Revenue	2,160	2,371	1,674	2,334	1,865	1,876
Revenue Growth (YoY)	-6.74%	41.59%	-28.26%	25.13%	-0.56%	11.45%
Salaries & Employee Benefits	1,196	1,110	912.57	764.68	648.62	587.49
Cost of Services Provided	37.25	37.25	29.29	75.9	44.71	35.69
Other Operating Expenses	1,180	1,071	781.41	680.43	508.58	498.22
Total Operating Expenses	2,311	2,116	1,713	1,421	1,202	1,121
Operating Income	-151.26	254.4	-38.75	912.41	663.09	754.2
EBT Excluding Unusual Items	-5.21	447.77	125.67	912.41	663.09	718.19
Asset Writedown	-	-	-0.04	0.01	-	-
Gain (Loss) on Sale of Investments	-254.11	6.92	47.68	23.85	-4.87	-119.32
Pretax Income	-259.32	454.68	173.3	936.28	658.22	598.87
Income Tax Expense	-185.9	-101.04	-25.55	219.69	218.19	165.28
Net Income	-73.42	555.72	198.84	716.59	440.03	433.59
Net Income to Common	-73.42	555.72	198.84	716.59	440.03	433.59
Net Income Growth	-	179.48%	-72.25%	62.85%	1.49%	-27.50%
Shares Outstanding (Basic)	1,500	1,500	1,500	1,500	1,500	1,500
Shares Outstanding (Diluted)	1,500	1,550	1,550	1,550	1,500	1,500
Shares Change (YoY)	-3.23%	-	-	3.33%	-	-
EPS (Basic)	-0.05	0.37	0.13	0.48	0.29	0.29
EPS (Diluted)	-0.05	0.36	0.13	0.46	0.29	0.29
EPS Growth	-	176.92%	-71.74%	56.81%	1.49%	-27.50%
Free Cash Flow	1,486	1,402	-3,049	-2,024	1,187	-1,246
Free Cash Flow Per Share	0.99	0.90	-1.97	-1.31	0.79	-0.83
Dividend Per Share	-	0.085	-	-	0.155	-
Operating Margin	-7.00%	10.73%	-2.31%	39.10%	35.55%	40.21%
Profit Margin	-3.40%	23.44%	11.88%	30.71%	23.59%	23.12%
Free Cash Flow Margin	68.80%	59.13%	-182.12%	-86.72%	63.63%	-66.44%
Effective Tax Rate	-	-	-	23.46%	33.15%	27.60%

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