AIICO Insurance Plc (NGX:AIICO)
Nigeria
· Delayed Price · Currency is NGN 1.600
+0.050 (3.23%)
At close: Apr 25, 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 | 2015 - 2019 |
|---|---|---|---|---|---|---|
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 | 2015 - 2019 |
| Premiums & Annuity Revenue | 75,005 | 54,516 | 54,818 | 58,522 | 52,780 | Upgrade
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| Total Interest & Dividend Income | 55,528 | 46,525 | 33,576 | 13,852 | 11,767 | Upgrade
|
| Gain (Loss) on Sale of Investments | -8,994 | -10,109 | -6,781 | -32,239 | 38,034 | Upgrade
|
| Other Revenue | 2,070 | 2,737 | 370.07 | 2,582 | 1,963 | Upgrade
|
| Total Revenue | 123,609 | 93,670 | 81,983 | 42,716 | 104,544 | Upgrade
|
| Revenue Growth (YoY) | 31.96% | 14.26% | 91.92% | -59.14% | 48.56% | Upgrade
|
| Policy Benefits | 57,493 | 39,315 | 54,761 | 20,180 | 83,240 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 17,519 | 11,006 | - | 7,518 | 6,347 | Upgrade
|
| Selling, General & Administrative | 46.05 | 37.96 | 27.2 | 1,305 | 1,508 | Upgrade
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| Provision for Bad Debts | - | -17.69 | 34.68 | -27.34 | -61.25 | Upgrade
|
| Other Operating Expenses | 12,111 | 12,556 | 1,343 | 7,114 | 6,386 | Upgrade
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| Total Operating Expenses | 87,169 | 62,897 | 56,166 | 39,613 | 101,338 | Upgrade
|
| Operating Income | 36,440 | 30,773 | 25,817 | 3,103 | 3,206 | Upgrade
|
| Interest Expense | -32,551 | -24,679 | -22,454 | - | -96.74 | Upgrade
|
| Earnings From Equity Investments | - | - | - | -34.9 | - | Upgrade
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| Currency Exchange Gain (Loss) | 11,761 | 6,423 | -676.22 | -280.9 | 1,633 | Upgrade
|
| Other Non Operating Income (Expenses) | -285.29 | -189.84 | -148.9 | 30.96 | -97.99 | Upgrade
|
| EBT Excluding Unusual Items | 15,365 | 12,327 | 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
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| Pretax Income | 15,817 | 12,526 | 2,698 | 2,807 | 4,632 | Upgrade
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| Income Tax Expense | 716.14 | 390.61 | 405.01 | 257.91 | -348.26 | Upgrade
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| Earnings From Continuing Ops. | 15,100 | 12,136 | 2,293 | 2,549 | 4,980 | Upgrade
|
| Earnings From Discontinued Ops. | - | - | 2,873 | 2,367 | 269.49 | Upgrade
|
| Net Income to Company | 15,100 | 12,136 | 5,166 | 4,916 | 5,250 | Upgrade
|
| Minority Interest in Earnings | 25.48 | -53.78 | -112.1 | -62.73 | -188.71 | Upgrade
|
| Net Income | 15,126 | 12,082 | 5,054 | 4,853 | 5,061 | Upgrade
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| Preferred Dividends & Other Adjustments | 25.48 | -53.78 | 112.1 | - | - | Upgrade
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| Net Income to Common | 15,100 | 12,136 | 4,942 | 4,853 | 5,061 | Upgrade
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| Net Income Growth | 25.19% | 139.06% | 4.14% | -4.11% | -12.50% | Upgrade
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| 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) | 0.41 | 0.33 | 0.14 | 0.13 | 0.14 | Upgrade
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| EPS (Diluted) | 0.41 | 0.33 | 0.14 | 0.13 | 0.14 | Upgrade
|
| EPS Growth | 24.24% | 144.44% | 1.83% | -4.11% | -47.53% | Upgrade
|
| Free Cash Flow | 43,692 | 11,989 | -4,598 | -12,421 | 31,278 | Upgrade
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| Free Cash Flow Per Share | 1.19 | 0.33 | -0.13 | -0.34 | 0.85 | Upgrade
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| Dividend Per Share | 0.070 | 0.050 | 0.030 | 0.020 | - | Upgrade
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| Dividend Growth | 40.00% | 66.67% | 50.00% | - | - | Upgrade
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| Operating Margin | 29.48% | 32.85% | 31.49% | 7.27% | 3.07% | Upgrade
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| Profit Margin | 12.22% | 12.96% | 6.03% | 11.36% | 4.84% | Upgrade
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| Free Cash Flow Margin | 35.35% | 12.80% | -5.61% | -29.08% | 29.92% | Upgrade
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| EBITDA | 37,264 | 31,572 | 26,571 | 3,713 | 3,842 | Upgrade
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| EBITDA Margin | 30.15% | 33.70% | 32.41% | 8.69% | 3.67% | Upgrade
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| D&A For EBITDA | 824.34 | 798.56 | 753.11 | 610.05 | 636.26 | Upgrade
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| EBIT | 36,440 | 30,773 | 25,817 | 3,103 | 3,206 | Upgrade
|
| EBIT Margin | 29.48% | 32.85% | 31.49% | 7.27% | 3.07% | Upgrade
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| Effective Tax Rate | 4.53% | 3.12% | 15.01% | 9.19% | - | Upgrade
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Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.