AIICO Insurance Plc (NGX:AIICO)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
4.100
0.00 (0.00%)
At close: Jul 24, 2026

AIICO Insurance Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
183,364171,126124,42693,67081,98342,716
Revenue Growth
25.24%37.53%32.84%14.26%91.92%-59.14%
Operating Income
73,80165,64137,26830,77325,8173,103
Net Income
18,18317,68015,19212,1364,9424,853
Earnings Per Share
0.500.480.420.330.140.13
EPS Growth
71.50%16.37%25.77%144.44%1.83%-4.11%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
General Business
77,31375,74161,28324,56625,82811,203
Life Business
149,683133,99275,73044,81138,68330,064
Health Management Services
2,3552,2261,4441,2641,698949.23
Asset Management
19,08116,8917,8884,1515,400900.07
Elimination of Inter-Segment Transactions
-733.9-957.13-1,196-709.42--410.87
Total
247,699227,893145,14874,08371,60942,705

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
35,78046,77435,16218,42315,91525,490
Total Debt
------
Net Cash (Debt)
35,78046,77435,16218,42315,91525,490
Net Cash Growth
101.13%33.03%90.85%15.76%-37.56%-20.13%
Net Cash Per Share
0.981.280.960.500.430.70

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
79,12868,29345,58213,412-3,188-11,556
Capital Expenditures
-3,820-3,524-1,889-1,424-1,410-864.11
Free Cash Flow
75,30864,76943,69311,989-4,598-12,421
Free Cash Flow Growth
33.00%48.24%264.45%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
40.25%38.36%29.95%32.85%31.49%7.27%
Pretax Margin
11.21%11.62%12.80%13.37%3.29%6.57%
Profit Margin
9.92%10.33%12.21%12.96%6.03%11.36%
FCF Margin
41.07%37.85%35.12%12.80%-5.61%-29.08%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.070-0.0700.0500.0300.020
Dividend Per Share Growth
71.43%-40.00%66.67%50.00%-
Dividend Yield
1.71%-5.24%7.03%6.01%3.47%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.257.853.452.414.375.28
Forward PE
-6.106.106.106.106.10
P/FCF Ratio
1.992.141.202.44--
PS Ratio
0.820.810.420.310.260.60