Guinea Insurance 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	1,930	1,967	1,469	940.66	879.62
Total Interest & Dividend Income	656.32	327.86	194.56	62.78	87.01
Gain (Loss) on Sale of Investments	52.77	2.11	7.69	9.29	-
Other Revenue	16.76	38.49	-	-	71.39
Total Revenue	2,656	2,335	1,672	1,013	1,038
Revenue Growth (YoY)	13.75%	39.70%	65.06%	-2.44%	12.92%
Policy Benefits	215.35	368.19	386.43	109.19	48.21
Policy Acquisition & Underwriting Costs	803.02	738.8	567.95	379.8	294.69
Amortization of Goodwill & Intangibles	11.92	12.09	4.06	1.39	-
Depreciation & Amortization	117.57	89.1	89.88	82.02	74
Selling, General & Administrative	790.64	890.52	454.58	370.84	349.45
Other Operating Expenses	-247.83	-288.42	-284.8	-142.79	41.06
Total Operating Expenses	2,479	2,305	1,604	1,208	1,150
Operating Income	177.49	30.66	67.64	-195.6	-112.3
Currency Exchange Gain (Loss)	-51.42	516.4	358.55	97.97	18.4
Other Non Operating Income (Expenses)	0.13	-0	20.81	-	-
EBT Excluding Unusual Items	126.2	547.06	447.01	-97.63	-93.9
Gain (Loss) on Sale of Assets	32.5	-	15.64	15.57	12.57
Asset Writedown	216.5	357.36	37	6.7	21.3
Pretax Income	375.2	904.41	499.65	-75.36	-60.03
Income Tax Expense	21.9	-32.14	21.88	7.92	-36.54
Net Income	353.3	936.55	477.77	-83.27	-23.49
Net Income to Common	353.3	936.55	477.77	-83.27	-23.49
Net Income Growth	-62.28%	96.03%	-	-	-
Shares Outstanding (Basic)	7,943	7,943	7,943	6,140	6,140
Shares Outstanding (Diluted)	7,943	7,943	7,943	6,140	6,140
Shares Change (YoY)	-	-	29.36%	-	-
EPS (Basic)	0.04	0.12	0.06	-0.01	-0.00
EPS (Diluted)	0.04	0.12	0.06	-0.01	-0.00
EPS Growth	-62.28%	96.03%	-	-	-
Free Cash Flow	-527.33	71.67	512.32	-122.97	-293.26
Free Cash Flow Per Share	-0.07	0.01	0.07	-0.02	-0.05
Operating Margin	6.68%	1.31%	4.05%	-19.31%	-10.82%
Profit Margin	13.30%	40.11%	28.58%	-8.22%	-2.26%
Free Cash Flow Margin	-19.85%	3.07%	30.65%	-12.14%	-28.25%
EBITDA	295.05	119.76	161.58	-112.2	-38.3
EBITDA Margin	11.11%	5.13%	9.67%	-11.08%	-3.69%
D&A For EBITDA	117.57	89.1	93.94	83.41	74
EBIT	177.49	30.66	67.64	-195.6	-112.3
EBIT Margin	6.68%	1.31%	4.05%	-19.31%	-10.82%
Effective Tax Rate	5.84%	-	4.38%	-	-

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