MNRB Holdings Berhad (KLSE:MNRB)

MNRB Holdings Berhad Income Statement

Financials in millions MYR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Premiums & Annuity Revenue	2,631	2,493	2,155	2,392	2,160	1,885
Total Interest & Dividend Income	49.4	-31.63	137.22	265.81	264.89	284.12
Gain (Loss) on Sale of Investments	125.85	137.24	25.38	-37.79	18.45	75.05
Other Revenue	-77.2	-80.35	-27.31	70.82	54.56	59.64
Total Revenue	2,729	2,519	2,290	2,690	2,498	2,303
Revenue Growth (YoY)	10.01%	9.96%	-14.87%	7.69%	8.46%	11.56%
Policy Benefits	1,168	1,290	1,574	1,657	1,469	1,395
Policy Acquisition & Underwriting Costs	340.49	340.49	261.6	574.4	478.49	452.84
Selling, General & Administrative	180.39	93.77	79.68	297.16	288.97	262.78
Other Operating Expenses	389.68	379.64	244.67	-6.82	9.38	-0.47
Total Operating Expenses	2,078	2,104	2,160	2,521	2,246	2,110
Operating Income	651.07	415.04	130.9	169.01	252.58	193.02
Interest Expense	-30.46	-27.27	-21.61	-16.85	-16.8	-16.98
Earnings From Equity Investments	42.44	44.62	15.99	2.77	15.47	-9.84
Currency Exchange Gain (Loss)	-38.11	73.37	19.33	-3.2	-2.91	7.32
Other Non Operating Income (Expenses)	0	0	0	-11.1	-15.49	-4.01
EBT Excluding Unusual Items	624.94	505.76	144.61	140.63	232.85	169.51
Asset Writedown	0.02	0.02	0.07	-0.55	-0.03	-0.59
Pretax Income	624.96	505.78	144.68	140.08	232.82	168.92
Income Tax Expense	86.33	72.24	26.4	25.66	43.33	36.01
Net Income	538.63	433.54	118.28	114.42	189.5	132.91
Net Income to Common	538.63	433.54	118.28	114.42	189.5	132.91
Net Income Growth	102.27%	266.54%	3.37%	-39.62%	42.58%	27.30%
Shares Outstanding (Basic)	783	783	783	783	783	773
Shares Outstanding (Diluted)	783	783	783	783	783	773
Shares Change (YoY)	-	-	-	-	1.33%	50.31%
EPS (Basic)	0.69	0.55	0.15	0.15	0.24	0.17
EPS (Diluted)	0.69	0.55	0.15	0.15	0.24	0.17
EPS Growth	102.27%	266.54%	3.37%	-39.62%	40.71%	-15.31%
Free Cash Flow	-47.06	-111.33	-93.86	164.69	86.14	51.21
Free Cash Flow Per Share	-0.06	-0.14	-0.12	0.21	0.11	0.07
Dividend Per Share	0.050	0.050	0.044	0.025	0.070	0.025
Dividend Growth	12.36%	12.36%	78.00%	-64.29%	180.00%	-
Operating Margin	23.85%	16.48%	5.71%	6.28%	10.11%	8.38%
Profit Margin	19.73%	17.21%	5.16%	4.25%	7.59%	5.77%
Free Cash Flow Margin	-1.72%	-4.42%	-4.10%	6.12%	3.45%	2.22%
EBITDA	665.58	424.14	138.79	176.09	258.68	198.91
EBITDA Margin	24.39%	16.84%	6.06%	6.55%	10.35%	8.64%
D&A For EBITDA	14.52	9.1	7.89	7.08	6.1	5.89
EBIT	651.07	415.04	130.9	169.01	252.58	193.02
EBIT Margin	23.85%	16.48%	5.71%	6.28%	10.11%	8.38%
Effective Tax Rate	13.81%	14.28%	18.25%	18.32%	18.61%	21.32%

Source: S&P Capital IQ. Insurance template. Financial Sources.