Conduit Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Premiums & Annuity Revenue	720	556.3	343.8	194.2	-
Total Interest & Dividend Income	34.2	8.5	38.6	5.5	0.4
Gain (Loss) on Sale of Investments	1.1	29.3	-70.6	-8.6	-
Total Revenue	755.3	594.1	311.8	191.1	0.4
Revenue Growth (YoY)	27.13%	90.54%	63.16%	47675.00%	-
Policy Benefits	588.4	372.7	333.4	142.1	-
Policy Acquisition & Underwriting Costs	-	-	-	59.1	-
Other Operating Expenses	30.8	28.3	20.7	30.6	18
Total Operating Expenses	626.3	403.5	356.2	232.1	19.2
Operating Income	129	190.6	-44.4	-41	-18.8
Interest Expense	-0.1	-0.1	-0.1	-0.1	-
Currency Exchange Gain (Loss)	-2.2	1.4	1.3	-0.5	0.4
Other Non Operating Income (Expenses)	-1.1	-1.1	-0.7	-0.4	-
Pretax Income	125.6	190.8	-43.9	-42	-18.4
Net Income	125.6	190.8	-43.9	-42	-18.4
Net Income to Common	125.6	190.8	-43.9	-42	-18.4
Net Income Growth	-34.17%	-	-	-	-
Shares Outstanding (Basic)	157	160	163	165	165
Shares Outstanding (Diluted)	158	161	164	165	165
Shares Change (YoY)	-1.51%	-1.86%	-0.99%	-	-
EPS (Basic)	0.80	1.19	-0.27	-0.25	-0.11
EPS (Diluted)	0.79	1.19	-0.27	-0.25	-0.11
EPS Growth	-33.61%	-	-	-	-
Free Cash Flow	406.6	308.7	203.2	48.2	-12.4
Free Cash Flow Per Share	2.57	1.92	1.24	0.29	-0.07
Dividend Per Share	0.360	0.360	0.360	0.360	-
Operating Margin	17.08%	32.08%	-14.24%	-21.45%	-4700.00%
Profit Margin	16.63%	32.12%	-14.08%	-21.98%	-4600.00%
Free Cash Flow Margin	53.83%	51.96%	65.17%	25.22%	-3100.00%
EBITDA	129.4	190.7	-44.2	-40.9	-
EBITDA Margin	17.13%	32.10%	-14.18%	-21.40%	-
D&A For EBITDA	0.4	0.1	0.2	0.1	-
EBIT	129	190.6	-44.4	-41	-18.8
EBIT Margin	17.08%	32.08%	-14.24%	-21.45%	-
Revenue as Reported	-	-	-	190.6	0.8

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