Klapton Reinsurance Income Statement

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

Millions ZMW. 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	3,066	2,968	1,044	299.56	-1.54
Total Interest & Dividend Income	-18.77	120.11	101.43	16.77	1.16
Gain (Loss) on Sale of Investments	1.82	-1.99	-0.58	-	-
Other Revenue	-	-	-	0.07	0.03
Total Revenue	3,049	3,086	1,145	316.39	-0.35
Revenue Growth (YoY)	-1.21%	169.62%	261.81%	-	-
Policy Benefits	1,286	1,714	435.38	65.05	0.12
Policy Acquisition & Underwriting Costs	889.17	839.98	315.39	117.26	0.79
Amortization of Goodwill & Intangibles	-	-	-	-	0.16
Depreciation & Amortization	-	-	-	-	0.93
Selling, General & Administrative	111.54	221.94	114.21	46.86	6.12
Other Operating Expenses	273.02	309.02	259.16	5.2	-0.15
Reinsurance Income or Expense	49.86	264.27	4.34	-	-
Total Operating Expenses	2,509	2,821	1,120	234.37	14.2
Operating Income	539.53	265.76	24.95	82.02	-14.55
Interest Expense	-0.25	-0.39	-0.35	-	-0.15
Currency Exchange Gain (Loss)	-11.27	-22.99	14.13	-	-4.17
Other Non Operating Income (Expenses)	21.74	8.8	0.03	-	-1.78
EBT Excluding Unusual Items	549.74	251.17	38.76	82.02	-20.65
Gain (Loss) on Sale of Assets	-	0.27	-	-	-
Asset Writedown	1.52	64.74	93.2	-	-
Pretax Income	551.27	316.18	131.96	82.02	-20.65
Income Tax Expense	163.53	79.89	12.29	16.73	-
Net Income	387.73	236.29	119.67	65.29	-20.65
Net Income to Common	387.73	236.29	119.67	65.29	-20.65
Net Income Growth	64.09%	97.45%	83.30%	-	-
Shares Outstanding (Basic)	8,466	7,875	7,875	7,875	-
Shares Outstanding (Diluted)	8,466	7,875	7,875	7,875	-
Shares Change (YoY)	7.50%	-	-	-	-
EPS (Basic)	0.05	0.03	0.02	0.01	-
EPS (Diluted)	0.05	0.03	0.02	0.01	-
EPS Growth	52.65%	97.45%	83.30%	-	-
Free Cash Flow	-58.6	116.43	271.06	106.66	-20.3
Free Cash Flow Per Share	-0.01	0.01	0.03	0.01	-
Operating Margin	17.70%	8.61%	2.18%	25.92%	-
Profit Margin	12.72%	7.66%	10.45%	20.64%	-
Free Cash Flow Margin	-1.92%	3.77%	23.68%	33.71%	-
EBITDA	542.88	268.57	27.29	84.22	-14.1
EBITDA Margin	17.80%	8.70%	2.38%	26.62%	-
D&A For EBITDA	3.35	2.81	2.34	2.2	0.45
EBIT	539.53	265.76	24.95	82.02	-14.55
EBIT Margin	17.70%	8.61%	2.18%	25.92%	-
Effective Tax Rate	29.67%	25.27%	9.31%	20.40%	-

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