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	43,265	29,428	15,711	11,880	6,050
Total Interest & Dividend Income	5,747	2,984	1,460	1,110	827.19
Gain (Loss) on Sale of Investments	3,061	16,632	1,982	401.87	375.51
Other Revenue	-	-	-	-	529.27
Total Revenue	52,074	49,044	19,153	13,392	7,782
Revenue Growth (YoY)	6.18%	156.06%	43.02%	72.10%	4.58%
Policy Benefits	46,066	33,826	12,109	9,102	2,288
Policy Acquisition & Underwriting Costs	-9,654	-7,496	3,717	2,607	2,289
Amortization of Goodwill & Intangibles	-	-	9.29	11.43	11.1
Depreciation & Amortization	-	-	72.82	78.51	118.2
Selling, General & Administrative	854.68	549.47	926.32	812.88	1,115
Provision for Bad Debts	1.95	30.73	1.39	1.5	0.22
Other Operating Expenses	3,635	2,376	-33.44	79.34	315.96
Total Operating Expenses	41,006	29,299	17,542	12,979	7,053
Operating Income	11,068	19,745	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)	-85.5	1.37	77.14	-24.93	-30.84
EBT Excluding Unusual Items	9,907	23,276	4,647	978.58	964.61
Gain (Loss) on Sale of Assets	42	11.66	4.94	4.67	8.06
Other Unusual Items	-	-	-	-	-1
Pretax Income	9,949	23,288	4,652	983.24	971.67
Income Tax Expense	1,505	662.38	882.7	436.23	181.04
Net Income	8,444	22,625	3,769	547.01	790.64
Net Income to Common	8,444	22,625	3,769	547.01	790.64
Net Income Growth	-62.68%	500.28%	589.04%	-30.81%	16.62%
Shares Outstanding (Basic)	10,840	10,840	10,840	10,840	10,840
Shares Outstanding (Diluted)	10,840	10,840	10,840	10,840	10,840
Shares Change (YoY)	-	-	-	-	10.35%
EPS (Basic)	0.78	2.09	0.35	0.05	0.07
EPS (Diluted)	0.78	2.09	0.35	0.05	0.07
EPS Growth	-62.68%	500.28%	589.05%	-30.81%	5.68%
Free Cash Flow	4,178	5,983	1,989	1,400	-170.91
Free Cash Flow Per Share	0.39	0.55	0.18	0.13	-0.02
Dividend Per Share	0.250	-	0.050	0.030	0.020
Dividend Growth	-	-	66.67%	50.00%	-
Operating Margin	21.25%	40.26%	8.41%	3.08%	9.37%
Profit Margin	16.21%	46.13%	19.68%	4.08%	10.16%
Free Cash Flow Margin	8.02%	12.20%	10.38%	10.46%	-2.20%
EBITDA	11,323	19,954	1,684	559.88	847.11
EBITDA Margin	21.74%	40.69%	8.79%	4.18%	10.89%
D&A For EBITDA	254.85	208.53	72.82	147.05	118.2
EBIT	11,068	19,745	1,611	412.83	728.91
EBIT Margin	21.25%	40.26%	8.41%	3.08%	9.37%
Effective Tax Rate	15.13%	2.84%	18.98%	44.37%	18.63%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.