Tune Protect Group Berhad Income Statement

Financials in millions MYR. Fiscal year is January - December.

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Premiums & Annuity Revenue	309.77	334.91	281.02	296.96	196.81
Total Interest & Dividend Income	18.63	24.53	20.85	30.73	23.42
Gain (Loss) on Sale of Investments	6.44	8.49	20.1	-18.62	-29.74
Other Revenue	1.76	3.52	2.53	-	20.88
Total Revenue	336.59	371.45	324.49	309.06	211.37
Revenue Growth (YoY)	-9.38%	14.47%	4.99%	46.22%	-19.50%
Policy Benefits	141.92	197.34	158.08	167.58	37.9
Policy Acquisition & Underwriting Costs	129.59	135.59	126.3	113.54	54.79
Selling, General & Administrative	-	-	-	-	124.76
Other Operating Expenses	20.03	15.37	23.93	35.32	-1.1
Total Operating Expenses	291.53	348.3	308.3	316.44	216.37
Operating Income	45.06	23.15	16.19	-7.38	-5.01
Interest Expense	-	-12.43	-14.62	-10.59	-0.3
Earnings From Equity Investments	-2.03	-6.64	0.32	-16.61	-9.54
Currency Exchange Gain (Loss)	-	-1.89	1.29	0.84	-0.03
Other Non Operating Income (Expenses)	-0.12	-	-	-	-
EBT Excluding Unusual Items	42.91	2.18	3.17	-33.74	-14.87
Gain (Loss) on Sale of Assets	0.02	-	-	-	-
Asset Writedown	-	-	-	-	-0.09
Other Unusual Items	-	-	-	-	0.18
Pretax Income	42.92	2.18	3.17	-33.74	-14.78
Income Tax Expense	11.6	-0.56	2.93	0.87	3.44
Earnings From Continuing Ops.	31.32	2.74	0.25	-34.62	-18.22
Minority Interest in Earnings	-4.87	-2.17	-1.19	-0.47	3.23
Net Income	26.45	0.57	-0.95	-35.09	-14.99
Net Income to Common	26.45	0.57	-0.95	-35.09	-14.99
Net Income Growth	4524.82%	-	-	-	-
Shares Outstanding (Basic)	754	753	752	752	752
Shares Outstanding (Diluted)	754	753	752	752	752
Shares Change (YoY)	0.02%	0.20%	0.03%	-	-
EPS (Basic)	0.04	0.00	-0.00	-0.05	-0.02
EPS (Diluted)	0.04	0.00	-0.00	-0.05	-0.02
EPS Growth	4524.37%	-	-	-	-
Free Cash Flow	-7.16	37.63	42.57	44.3	26.65
Free Cash Flow Per Share	-0.01	0.05	0.06	0.06	0.04
Operating Margin	13.39%	6.23%	4.99%	-2.39%	-2.37%
Profit Margin	7.86%	0.15%	-0.29%	-11.35%	-7.09%
Free Cash Flow Margin	-2.13%	10.13%	13.12%	14.33%	12.61%
EBITDA	52.84	24.47	17.9	-5.69	-3.35
EBITDA Margin	15.70%	6.59%	5.52%	-1.84%	-1.58%
D&A For EBITDA	7.78	1.33	1.7	1.69	1.66
EBIT	45.06	23.15	16.19	-7.38	-5.01
EBIT Margin	13.39%	6.23%	4.99%	-2.39%	-2.37%
Effective Tax Rate	27.03%	-	92.27%	-	-

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