Cornerstone Insurance Plc (NGX:CORNERST)
Nigeria
· Delayed Price · Currency is NGN 4.370
+0.170 (4.05%)
At close: Jul 3, 2025
Cornerstone Insurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | 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 | 41,899 | 38,669 | 25,914 | 20,484 | 8,666 | 5,603 | Upgrade
|
Total Interest & Dividend Income | 3,989 | 5,355 | 2,222 | 1,288 | 1,643 | 1,416 | Upgrade
|
Gain (Loss) on Sale of Investments | -2,062 | -2,062 | 529.08 | 83.54 | -817.66 | 1,220 | Upgrade
|
Other Revenue | 453.29 | 453.29 | 382.76 | 319.16 | 2,228 | 1,618 | Upgrade
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| 44,280 | 42,416 | 29,048 | 22,175 | 11,720 | 9,857 | Upgrade
| |
Revenue Growth (YoY) | 47.67% | 46.02% | 31.00% | 89.21% | 18.89% | -6.85% | Upgrade
|
Policy Benefits | 27,769 | 26,870 | 17,543 | 12,659 | 2,595 | 3,955 | Upgrade
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Policy Acquisition & Underwriting Costs | 5,015 | 5,015 | 4,278 | 2,773 | 2,963 | 1,883 | Upgrade
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Amortization of Goodwill & Intangibles | - | - | - | - | 13.41 | 16.93 | Upgrade
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Depreciation & Amortization | - | - | - | - | 198.94 | 219.29 | Upgrade
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Selling, General & Administrative | 9,388 | 8,288 | 6,094 | 6,715 | 42.76 | 32.81 | Upgrade
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Provision for Bad Debts | - | - | - | - | - | -4.12 | Upgrade
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Other Operating Expenses | 4,635 | 4,636 | 4,431 | 193.37 | 1,425 | 1,343 | Upgrade
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Total Operating Expenses | 46,812 | 44,814 | 32,240 | 22,500 | 9,482 | 9,315 | Upgrade
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Operating Income | -2,532 | -2,398 | -3,192 | -324.72 | 2,237 | 542.48 | Upgrade
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Earnings From Equity Investments | - | - | 0.36 | - | 95.23 | -283.01 | Upgrade
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Currency Exchange Gain (Loss) | 14,492 | 30,832 | 20,244 | 606.36 | 1,386 | 1,350 | Upgrade
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Other Non Operating Income (Expenses) | 261.81 | 83.3 | -70.42 | 51.44 | -0.61 | 125.67 | Upgrade
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EBT Excluding Unusual Items | 12,221 | 28,517 | 16,982 | 333.07 | 3,718 | 1,735 | Upgrade
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Gain (Loss) on Sale of Assets | -4.73 | -4.73 | 13.88 | 0.05 | 0.14 | -9.58 | Upgrade
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Asset Writedown | 107 | 107 | 85 | 55 | 23 | 42 | Upgrade
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Pretax Income | 12,305 | 28,619 | 17,081 | 388.13 | 3,741 | 1,767 | Upgrade
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Income Tax Expense | 1,664 | 2,726 | 3,243 | 371.74 | 205.07 | -427.76 | Upgrade
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Earnings From Continuing Ops. | 10,641 | 25,894 | 13,839 | 16.39 | 3,536 | 2,195 | Upgrade
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Minority Interest in Earnings | -310.22 | -310.22 | -137.33 | -16.32 | -24.72 | -13.78 | Upgrade
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Net Income | 10,331 | 25,583 | 13,701 | 0.07 | 3,511 | 2,181 | Upgrade
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Net Income to Common | 10,331 | 25,583 | 13,701 | 0.07 | 3,511 | 2,181 | Upgrade
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Net Income Growth | -65.67% | 86.72% | 21079026.15% | -100.00% | 60.99% | -46.39% | Upgrade
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Shares Outstanding (Basic) | 18,063 | 18,032 | 18,032 | 18,032 | 18,032 | 18,050 | Upgrade
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Shares Outstanding (Diluted) | 18,063 | 18,032 | 18,032 | 18,032 | 18,032 | 18,050 | Upgrade
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Shares Change (YoY) | -1.75% | - | - | - | -0.10% | - | Upgrade
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EPS (Basic) | 0.57 | 1.42 | 0.76 | 0.00 | 0.19 | 0.12 | Upgrade
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EPS (Diluted) | 0.57 | 1.42 | 0.76 | 0.00 | 0.19 | 0.12 | Upgrade
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EPS Growth | -65.06% | 86.72% | 25327700.00% | -100.00% | 61.14% | -46.39% | Upgrade
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Free Cash Flow | -12,795 | 1,017 | 3,815 | 1,953 | 464.59 | 1,634 | Upgrade
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Free Cash Flow Per Share | -0.71 | 0.06 | 0.21 | 0.11 | 0.03 | 0.09 | Upgrade
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Dividend Per Share | 0.270 | 0.270 | 0.160 | 0.060 | 0.050 | - | Upgrade
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Dividend Growth | 68.75% | 68.75% | 166.67% | 20.00% | - | - | Upgrade
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Operating Margin | -5.72% | -5.65% | -10.99% | -1.46% | 19.09% | 5.50% | Upgrade
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Profit Margin | 23.33% | 60.31% | 47.17% | 0.00% | 29.96% | 22.13% | Upgrade
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Free Cash Flow Margin | -28.90% | 2.40% | 13.13% | 8.81% | 3.96% | 16.57% | Upgrade
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EBITDA | -2,180 | -2,028 | -2,934 | -117.57 | 2,450 | 715.59 | Upgrade
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EBITDA Margin | -4.92% | -4.78% | -10.10% | -0.53% | 20.90% | 7.26% | Upgrade
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D&A For EBITDA | 351.89 | 369.94 | 257.89 | 207.15 | 212.35 | 173.12 | Upgrade
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EBIT | -2,532 | -2,398 | -3,192 | -324.72 | 2,237 | 542.48 | Upgrade
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EBIT Margin | -5.72% | -5.65% | -10.99% | -1.46% | 19.09% | 5.50% | Upgrade
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Effective Tax Rate | 13.52% | 9.53% | 18.98% | 95.78% | 5.48% | - | Upgrade
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Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.