NGX:CONHALLPLC Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	43,449	29,428	15,711	11,880	6,050
Total Interest & Dividend Income	5,280	2,984	1,460	1,110	827.19
Gain (Loss) on Sale of Investments	2,918	16,632	1,982	401.87	375.51
Other Revenue	-	-	-	-	529.27
Total Revenue	51,647	49,044	19,153	13,392	7,782
Revenue Growth (YoY)	5.31%	156.06%	43.02%	72.10%	4.58%
Policy Benefits	37,544	33,912	12,109	9,102	2,288
Policy Acquisition & Underwriting Costs	-	-7,581	3,717	2,607	2,289
Amortization of Goodwill & Intangibles	-	11.82	9.29	11.43	11.1
Depreciation & Amortization	-	109.08	72.82	78.51	118.2
Selling, General & Administrative	658.38	2,176	926.32	812.88	1,115
Provision for Bad Debts	-	-	1.39	1.5	0.22
Other Operating Expenses	2,663	-674.24	-33.44	79.34	315.96
Total Operating Expenses	40,942	29,215	17,542	12,979	7,053
Operating Income	10,705	19,829	1,611	412.83	728.91
Currency Exchange Gain (Loss)	-1,076	3,530	2,959	590.68	266.54
Other Non Operating Income (Expenses)	72.12	-81.68	77.14	-24.93	-30.84
EBT Excluding Unusual Items	9,701	23,277	4,647	978.58	964.61
Gain (Loss) on Sale of Assets	-	11.66	4.94	4.67	8.06
Other Unusual Items	-	-0.43	-	-	-1
Pretax Income	9,701	23,288	4,652	983.24	971.67
Income Tax Expense	1,737	662.38	882.7	436.23	181.04
Net Income	7,964	22,625	3,769	547.01	790.64
Net Income to Common	7,964	22,625	3,769	547.01	790.64
Net Income Growth	-64.80%	500.28%	589.04%	-30.81%	16.62%
Shares Outstanding (Basic)	10,501	10,840	10,840	10,840	10,840
Shares Outstanding (Diluted)	10,501	10,840	10,840	10,840	10,840
Shares Change (YoY)	-3.13%	-	-	-	10.35%
EPS (Basic)	0.76	2.09	0.35	0.05	0.07
EPS (Diluted)	0.76	2.09	0.35	0.05	0.07
EPS Growth	-63.67%	500.28%	589.05%	-30.81%	5.68%
Free Cash Flow	10,383	5,983	1,989	1,400	-170.91
Free Cash Flow Per Share	0.99	0.55	0.18	0.13	-0.02
Dividend Per Share	-	-	0.050	0.030	0.020
Dividend Growth	-	-	66.67%	50.00%	-
Operating Margin	20.73%	40.43%	8.41%	3.08%	9.37%
Profit Margin	15.42%	46.13%	19.68%	4.08%	10.16%
Free Cash Flow Margin	20.10%	12.20%	10.38%	10.46%	-2.20%
EBITDA	10,789	20,044	1,684	559.88	847.11
EBITDA Margin	20.89%	40.87%	8.79%	4.18%	10.89%
D&A For EBITDA	83.81	214.87	72.82	147.05	118.2
EBIT	10,705	19,829	1,611	412.83	728.91
EBIT Margin	20.73%	40.43%	8.41%	3.08%	9.37%
Effective Tax Rate	17.90%	2.84%	18.98%	44.37%	18.63%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.