Conduit Holdings Limited (LON:CRE)

Conduit Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	778	720	556.3	343.8	194.2
Total Interest & Dividend Income	3.5	34.2	8.5	38.6	5.5
Gain (Loss) on Sale of Investments	38.8	1.1	29.3	-70.6	-8.6
Total Revenue	820.3	755.3	594.1	311.8	191.1
Revenue Growth (YoY)	8.61%	27.13%	90.54%	63.16%	47675.00%
Policy Benefits	668.1	588.4	372.7	333.4	142.1
Policy Acquisition & Underwriting Costs	-	-	-	-	59.1
Other Operating Expenses	24.8	30.8	28.3	20.7	30.6
Total Operating Expenses	702.2	626.3	403.5	356.2	232.1
Operating Income	118.1	129	190.6	-44.4	-41
Interest Expense	-	-0.1	-0.1	-0.1	-0.1
Currency Exchange Gain (Loss)	-0.1	-2.2	1.4	1.3	-0.5
Other Non Operating Income (Expenses)	-1.2	-1.1	-1.1	-0.7	-0.4
Pretax Income	116.8	125.6	190.8	-43.9	-42
Net Income	116.8	125.6	190.8	-43.9	-42
Net Income to Common	116.8	125.6	190.8	-43.9	-42
Net Income Growth	-7.01%	-34.17%	-	-	-
Shares Outstanding (Basic)	157	157	160	163	165
Shares Outstanding (Diluted)	158	158	161	164	165
Shares Change (YoY)	-0.16%	-1.51%	-1.86%	-0.99%	-
EPS (Basic)	0.75	0.80	1.19	-0.27	-0.25
EPS (Diluted)	0.74	0.79	1.19	-0.27	-0.25
EPS Growth	-6.33%	-33.61%	-	-	-
Free Cash Flow	361.6	406.6	308.7	203.2	48.2
Free Cash Flow Per Share	2.29	2.57	1.92	1.24	0.29
Dividend Per Share	0.360	0.360	0.360	0.360	0.360
Operating Margin	14.40%	17.08%	32.08%	-14.24%	-21.45%
Profit Margin	14.24%	16.63%	32.12%	-14.08%	-21.98%
Free Cash Flow Margin	44.08%	53.83%	51.96%	65.17%	25.22%
EBITDA	118.5	129.4	190.7	-44.2	-40.9
EBITDA Margin	14.45%	17.13%	32.10%	-14.18%	-21.40%
D&A For EBITDA	0.4	0.4	0.1	0.2	0.1
EBIT	118.1	129	190.6	-44.4	-41
EBIT Margin	14.40%	17.08%	32.08%	-14.24%	-21.45%
Revenue as Reported	-	-	-	-	190.6

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