AIICO Insurance Plc (NGX:AIICO)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
4.010
0.00 (0.00%)
At close: Aug 14, 2026

AIICO Insurance Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
198,401171,126124,42693,67081,98342,716
Revenue Growth
37.95%37.53%32.84%14.26%91.92%-59.14%
Operating Income
83,06765,64137,26830,77325,8173,103
Net Income
19,86717,68015,19212,1364,9424,853
Earnings Per Share
0.540.480.420.330.140.13
EPS Growth
48.73%16.37%25.77%144.44%1.83%-4.11%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Life Business
132,928133,99275,73044,81138,68330,064
General Business
78,71975,74161,28324,56625,82811,203
Health Management Services
2,1842,2261,4441,2641,698949.23
Asset Management
22,01716,8917,8884,1515,400900.07
Elimination of Inter-Segment Transactions
-505.93-957.13-1,196-709.42--410.87
Total
235,343227,893145,14874,08371,60942,705

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
35,91746,77435,16218,42315,91525,490
Total Debt
------
Net Cash (Debt)
35,91746,77435,16218,42315,91525,490
Net Cash Growth
70.42%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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
106,21768,29345,58213,412-3,188-11,556
Capital Expenditures
-3,987-3,524-1,889-1,424-1,410-864.11
Free Cash Flow
102,23164,76943,69311,989-4,598-12,421
Free Cash Flow Growth
231.80%48.24%264.45%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
41.87%38.36%29.95%32.85%31.49%7.27%
Pretax Margin
11.32%11.62%12.80%13.37%3.29%6.57%
Profit Margin
10.01%10.33%12.21%12.96%6.03%11.36%
FCF Margin
51.53%37.85%35.12%12.80%-5.61%-29.08%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
1.75%-5.24%7.03%6.01%3.47%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
7.397.853.452.414.375.28
Forward PE
-6.106.106.106.106.10
P/FCF Ratio
1.442.141.202.44--
PS Ratio
0.740.810.420.310.260.60