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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Premiums & Annuity Revenue	2,350	2,493	2,155	2,392	2,160	1,885
Total Interest & Dividend Income	85.49	-31.63	137.22	265.81	264.89	284.12
Gain (Loss) on Sale of Investments	215.61	137.24	25.38	-37.79	18.45	75.05
Other Revenue	-96.97	-80.35	-27.31	70.82	54.56	59.64
Total Revenue	2,554	2,519	2,290	2,690	2,498	2,303
Revenue Growth (YoY)	-3.18%	9.96%	-14.87%	7.69%	8.46%	11.56%
Policy Benefits	1,010	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	142.21	93.77	79.68	297.16	288.97	262.78
Other Operating Expenses	383.58	379.64	244.67	-6.82	9.38	-0.47
Total Operating Expenses	1,877	2,104	2,160	2,521	2,246	2,110
Operating Income	677.64	415.04	130.9	169.01	252.58	193.02
Interest Expense	-29.47	-27.27	-21.61	-16.85	-16.8	-16.98
Earnings From Equity Investments	56.92	44.62	15.99	2.77	15.47	-9.84
Currency Exchange Gain (Loss)	-122.87	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	582.23	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	582.25	505.78	144.68	140.08	232.82	168.92
Income Tax Expense	74.88	72.24	26.4	25.66	43.33	36.01
Net Income	507.38	433.54	118.28	114.42	189.5	132.91
Net Income to Common	507.38	433.54	118.28	114.42	189.5	132.91
Net Income Growth	112.20%	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)	0.65	0.55	0.15	0.15	0.24	0.17
EPS (Diluted)	0.65	0.55	0.15	0.15	0.24	0.17
EPS Growth	112.20%	266.54%	3.37%	-39.62%	40.71%	-15.31%
Free Cash Flow	-62.54	-111.33	-93.86	164.69	86.14	51.21
Free Cash Flow Per Share	-0.08	-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	26.53%	16.48%	5.71%	6.28%	10.11%	8.38%
Profit Margin	19.86%	17.21%	5.16%	4.25%	7.59%	5.77%
Free Cash Flow Margin	-2.45%	-4.42%	-4.10%	6.12%	3.45%	2.22%
EBITDA	681.69	424.14	138.79	176.09	258.68	198.91
EBITDA Margin	26.69%	16.84%	6.06%	6.55%	10.35%	8.64%
D&A For EBITDA	4.05	9.1	7.89	7.08	6.1	5.89
EBIT	677.64	415.04	130.9	169.01	252.58	193.02
EBIT Margin	26.53%	16.48%	5.71%	6.28%	10.11%	8.38%
Effective Tax Rate	12.86%	14.28%	18.25%	18.32%	18.61%	21.32%

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