VM Investments 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
Interest and Dividend Income	1,821	1,783	1,774	1,710	1,445	1,157
Total Interest Expense	1,664	1,550	1,596	1,647	1,159	767.41
Net Interest Income	157.31	232.24	177.55	63.38	286.08	390.09
Brokerage Commission	993.68	1,005	1,015	944.93	1,012	800.81
Gain on Sale of Investments (Rev)	1,301	1,110	1,437	866.34	946.53	670.16
Other Revenue	11.95	10.41	13.68	7.88	92.58	3.95
Revenue Before Loan Losses	2,464	2,358	2,643	1,883	2,337	1,865
Provision for Loan Losses	-28.32	-28.32	272.85	208.33	3.28	-
Revenue	2,493	2,386	2,371	1,674	2,334	1,865
Revenue Growth (YoY)	19.14%	0.66%	41.59%	-28.26%	25.13%	-0.56%
Salaries & Employee Benefits	1,312	1,279	1,110	912.57	764.68	648.62
Cost of Services Provided	34.92	34.92	37.25	29.29	75.9	44.71
Other Operating Expenses	981.02	1,079	1,071	781.41	680.43	508.58
Total Operating Expenses	2,424	2,489	2,116	1,713	1,421	1,202
Operating Income	68.75	-102.9	254.4	-38.75	912.41	663.09
EBT Excluding Unusual Items	201.41	48.11	447.77	125.67	912.41	663.09
Asset Writedown	-	-	-	-0.04	0.01	-
Gain (Loss) on Sale of Investments	-9.48	-9.48	6.92	47.68	23.85	-4.87
Pretax Income	191.94	38.63	454.68	173.3	936.28	658.22
Income Tax Expense	-76.7	-127.34	-101.04	-25.55	219.69	218.19
Net Income	268.64	165.98	555.72	198.84	716.59	440.03
Net Income to Common	268.64	165.98	555.72	198.84	716.59	440.03
Net Income Growth	1968.02%	-70.13%	179.48%	-72.25%	62.85%	1.49%
Shares Outstanding (Basic)	1,444	1,500	1,500	1,500	1,500	1,500
Shares Outstanding (Diluted)	1,444	1,500	1,550	1,550	1,550	1,500
Shares Change (YoY)	-8.69%	-3.23%	-	-	3.33%	-
EPS (Basic)	0.19	0.11	0.37	0.13	0.48	0.29
EPS (Diluted)	0.19	0.11	0.36	0.13	0.46	0.29
EPS Growth	2085.40%	-69.44%	176.92%	-71.74%	56.81%	1.49%
Free Cash Flow	5,758	4,793	1,402	-3,049	-2,024	1,187
Free Cash Flow Per Share	3.99	3.20	0.90	-1.97	-1.31	0.79
Dividend Per Share	-	-	0.085	-	-	0.155
Operating Margin	2.76%	-4.31%	10.73%	-2.31%	39.10%	35.55%
Profit Margin	10.78%	6.96%	23.44%	11.88%	30.71%	23.59%
Free Cash Flow Margin	230.99%	200.88%	59.13%	-182.12%	-86.72%	63.63%
Effective Tax Rate	-	-	-	-	23.46%	33.15%

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