Zambia Reinsurance PLC (LUSE:ZMRE)

Zambia Reinsurance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	-	175.25	109.35	111.41	31.82	36.33
Total Interest & Dividend Income	-	8.07	9.32	9.33	9.82	4.61
Other Revenue	-	-	-	-	13.08	4.55
Total Revenue	-	183.32	118.67	120.74	54.72	45.49
Revenue Growth (YoY)	-	54.48%	-1.72%	120.66%	20.28%	37.26%
Policy Benefits	-	151.39	103.69	91.73	8.13	7.91
Policy Acquisition & Underwriting Costs	-	-	-	-	18.45	14.34
Depreciation & Amortization	-	1.35	1	0.63	0.59	0.72
Selling, General & Administrative	-	-	-	5.49	5.95	3.82
Provision for Bad Debts	-	-	-	0.67	0.46	10.61
Other Operating Expenses	-	7.51	7.99	4.47	1.24	1.27
Total Operating Expenses	-	160.25	112.68	114.11	43.45	45.8
Operating Income	-	23.07	5.99	6.64	11.27	-0.31
Currency Exchange Gain (Loss)	-	8.84	13.98	0.88	-8.58	10.34
Other Non Operating Income (Expenses)	-	0	-0	-0	0	-0
EBT Excluding Unusual Items	-	31.92	19.96	7.52	2.69	10.03
Gain (Loss) on Sale of Assets	-	0.04	0.29	0	0.12	-
Asset Writedown	-	0.4	0.3	0.55	0.02	1.85
Pretax Income	-	32.35	20.56	8.07	2.83	11.88
Income Tax Expense	-	3.89	5.04	5.53	1.52	5.14
Net Income	-	28.46	15.51	2.54	1.31	6.73
Net Income to Common	-	28.46	15.51	2.54	1.31	6.73
Net Income Growth	-	83.46%	510.67%	94.33%	-80.59%	86.44%
Shares Outstanding (Basic)	273	45	45	45	45	45
Shares Outstanding (Diluted)	273	45	45	45	45	45
Shares Change (YoY)	17.50%	-	-	-	-	50.00%
EPS (Basic)	-	0.63	0.34	0.06	0.03	0.15
EPS (Diluted)	-	0.63	0.34	0.06	0.03	0.15
EPS Growth	-	83.46%	510.67%	94.33%	-80.59%	24.30%
Free Cash Flow	-	10.31	0.14	4.68	12.87	8.08
Free Cash Flow Per Share	-	0.23	0.00	0.10	0.29	0.18
Dividend Per Share	-	0.056	0.045	0.045	0.059	-
Dividend Growth	-	24.44%	-	-23.73%	-	-
Operating Margin	-	12.58%	5.05%	5.50%	20.59%	-0.68%
Profit Margin	-	15.53%	13.07%	2.10%	2.39%	14.80%
Free Cash Flow Margin	-	5.62%	0.12%	3.87%	23.52%	17.76%
EBITDA	-	24.41	6.98	7.27	11.85	0.41
EBITDA Margin	-	13.31%	5.88%	6.02%	21.66%	0.90%
D&A For EBITDA	-	1.34	1	0.63	0.59	0.72
EBIT	-	23.07	5.99	6.64	11.27	-0.31
EBIT Margin	-	12.58%	5.05%	5.50%	20.59%	-0.68%
Effective Tax Rate	-	12.02%	24.53%	68.51%	53.77%	43.30%
Revenue as Reported	-	-	-	-	-	57.68

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