AIICO Insurance Plc (NGX: AIICO)
Nigeria
· Delayed Price · Currency is NGN 1.710
+0.030 (1.79%)
At close: Feb 5, 2025
AIICO Insurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
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 | 2019 - 2015 |
| Premiums & Annuity Revenue | 108,268 | 72,633 | 54,818 | 58,522 | 52,780 | Upgrade
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| Total Interest & Dividend Income | 55,552 | 47,126 | 33,576 | 13,852 | 11,767 | Upgrade
|
| Gain (Loss) on Sale of Investments | -8,205 | -10,109 | -6,781 | -32,239 | 38,034 | Upgrade
|
| Other Revenue | -483.48 | 583.58 | 370.07 | 2,582 | 1,963 | Upgrade
|
| Total Revenue | 155,132 | 110,235 | 81,983 | 42,716 | 104,544 | Upgrade
|
| Revenue Growth (YoY) | 40.73% | 34.46% | 91.92% | -59.14% | 48.56% | Upgrade
|
| Policy Benefits | 111,803 | 74,892 | 54,761 | 20,180 | 83,240 | Upgrade
|
| Policy Acquisition & Underwriting Costs | - | - | - | 7,518 | 6,347 | Upgrade
|
| Selling, General & Administrative | 81.73 | 170.3 | 279.85 | 1,305 | 1,508 | Upgrade
|
| Provision for Bad Debts | - | -17.69 | 34.68 | -27.34 | -61.25 | Upgrade
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| Other Operating Expenses | 776.13 | -56.66 | 1,090 | 7,114 | 6,386 | Upgrade
|
| Total Operating Expenses | 112,661 | 74,988 | 56,166 | 39,613 | 101,338 | Upgrade
|
| Operating Income | 42,471 | 35,247 | 25,817 | 3,103 | 3,206 | Upgrade
|
| Interest Expense | -39,453 | -29,150 | -22,454 | - | -96.74 | Upgrade
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| Earnings From Equity Investments | - | - | - | -34.9 | - | Upgrade
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| Currency Exchange Gain (Loss) | 11,813 | 6,423 | -676.22 | -280.9 | 1,633 | Upgrade
|
| Other Non Operating Income (Expenses) | -143.94 | -189.85 | -148.9 | 30.96 | -97.99 | Upgrade
|
| EBT Excluding Unusual Items | 14,687 | 12,330 | 2,538 | 2,818 | 4,643 | Upgrade
|
| Gain (Loss) on Sale of Assets | 11.38 | 21.72 | 12.98 | -59.35 | 2.58 | Upgrade
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| Asset Writedown | 440 | 177.5 | 147.55 | 48 | -14 | Upgrade
|
| Pretax Income | 15,139 | 12,529 | 2,698 | 2,807 | 4,632 | Upgrade
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| Income Tax Expense | 1,523 | 512.85 | 405.01 | 257.91 | -348.26 | Upgrade
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| Earnings From Continuing Ops. | 13,615 | 12,016 | 2,293 | 2,549 | 4,980 | Upgrade
|
| Earnings From Discontinued Ops. | - | - | 2,873 | 2,367 | 269.49 | Upgrade
|
| Net Income to Company | 13,615 | 12,016 | 5,166 | 4,916 | 5,250 | Upgrade
|
| Minority Interest in Earnings | 13.89 | -25.22 | -112.1 | -62.73 | -188.71 | Upgrade
|
| Net Income | 13,629 | 11,991 | 5,054 | 4,853 | 5,061 | Upgrade
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| Preferred Dividends & Other Adjustments | -13.89 | 25.22 | 112.1 | - | - | Upgrade
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| Net Income to Common | 13,643 | 11,966 | 4,942 | 4,853 | 5,061 | Upgrade
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| Net Income Growth | 13.66% | 137.26% | 4.14% | -4.11% | -12.50% | Upgrade
|
| Shares Outstanding (Basic) | 36,605 | 36,605 | 36,605 | 36,605 | 36,605 | Upgrade
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| Shares Outstanding (Diluted) | 36,605 | 36,605 | 36,605 | 36,605 | 36,605 | Upgrade
|
| Shares Change (YoY) | - | - | - | - | 67.68% | Upgrade
|
| EPS (Basic) | 0.37 | 0.33 | 0.14 | 0.13 | 0.14 | Upgrade
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| EPS (Diluted) | 0.37 | 0.33 | 0.14 | 0.13 | 0.14 | Upgrade
|
| EPS Growth | 14.02% | 142.13% | 1.83% | -4.11% | -47.53% | Upgrade
|
| Free Cash Flow | 42,407 | 12,135 | -4,598 | -12,421 | 31,278 | Upgrade
|
| Free Cash Flow Per Share | 1.16 | 0.33 | -0.13 | -0.34 | 0.85 | Upgrade
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| Dividend Per Share | - | 0.050 | 0.030 | 0.020 | - | Upgrade
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| Dividend Growth | - | 66.67% | 50.00% | - | - | Upgrade
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| Operating Margin | 27.38% | 31.97% | 31.49% | 7.26% | 3.07% | Upgrade
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| Profit Margin | 8.79% | 10.85% | 6.03% | 11.36% | 4.84% | Upgrade
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| Free Cash Flow Margin | 27.34% | 11.01% | -5.61% | -29.08% | 29.92% | Upgrade
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| EBITDA | 43,310 | 36,046 | 26,571 | 3,713 | 3,842 | Upgrade
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| EBITDA Margin | 27.92% | 32.70% | 32.41% | 8.69% | 3.67% | Upgrade
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| D&A For EBITDA | 838.49 | 798.56 | 753.11 | 610.05 | 636.26 | Upgrade
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| EBIT | 42,471 | 35,247 | 25,817 | 3,103 | 3,206 | Upgrade
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| EBIT Margin | 27.38% | 31.97% | 31.49% | 7.26% | 3.07% | Upgrade
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| Effective Tax Rate | 10.06% | 4.09% | 15.01% | 9.19% | - | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.