LASACO Assurance Plc (NGX:LASACO)
Nigeria
· Delayed Price · Currency is NGN 3.180
+0.080 (2.58%)
At close: Feb 24, 2025
LASACO Assurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2019 - 2015 |
| Premiums & Annuity Revenue | 22,603 | 18,294 | 13,470 | 8,187 | 7,013 | Upgrade
|
| Total Interest & Dividend Income | 2,281 | 1,350 | 356.21 | 656.17 | 575.73 | Upgrade
|
| Gain (Loss) on Sale of Investments | 56.65 | 107.01 | -10.42 | 47.96 | 168.35 | Upgrade
|
| Other Revenue | 134.12 | 458.42 | -0.11 | 985.6 | 1,042 | Upgrade
|
| Total Revenue | 25,074 | 20,210 | 13,816 | 9,876 | 8,799 | Upgrade
|
| Revenue Growth (YoY) | 24.07% | 46.28% | 39.89% | 12.24% | 19.40% | Upgrade
|
| Policy Benefits | 24,369 | 17,796 | 11,172 | 4,069 | 3,480 | Upgrade
|
| Policy Acquisition & Underwriting Costs | - | - | - | 1,614 | 1,093 | Upgrade
|
| Amortization of Goodwill & Intangibles | 59.97 | 32.89 | 0.02 | - | - | Upgrade
|
| Depreciation & Amortization | 493.63 | 486.96 | 324.81 | - | - | Upgrade
|
| Selling, General & Administrative | 3,269 | 1,352 | 918.98 | 4,609 | 3,932 | Upgrade
|
| Other Operating Expenses | -35.88 | 129.6 | 138.65 | 110.71 | 126.97 | Upgrade
|
| Total Operating Expenses | 29,491 | 20,982 | 13,895 | 10,760 | 8,907 | Upgrade
|
| Operating Income | -4,417 | -771.71 | -79.2 | -883.5 | -107.46 | Upgrade
|
| Interest Expense | -9.34 | -4.32 | -1.89 | -17.94 | -17.28 | Upgrade
|
| Currency Exchange Gain (Loss) | 3,290 | 2,370 | 831.59 | 618.06 | 865.45 | Upgrade
|
| Other Non Operating Income (Expenses) | - | -52.24 | 132.11 | 149.5 | 122.21 | Upgrade
|
| EBT Excluding Unusual Items | -1,136 | 1,542 | 882.62 | -133.88 | 862.93 | Upgrade
|
| Gain (Loss) on Sale of Assets | 175.3 | 11.79 | -7.23 | 7.57 | 1.87 | Upgrade
|
| Asset Writedown | 3,132 | 126.41 | 703.9 | 406.17 | -175.26 | Upgrade
|
| Pretax Income | 2,172 | 1,680 | 1,579 | 279.85 | 689.54 | Upgrade
|
| Income Tax Expense | 279.31 | 362.57 | 61.68 | 18.47 | 10.18 | Upgrade
|
| Net Income | 1,893 | 1,318 | 1,518 | 261.38 | 679.36 | Upgrade
|
| Net Income to Common | 1,893 | 1,318 | 1,518 | 261.38 | 679.36 | Upgrade
|
| Net Income Growth | 43.63% | -13.18% | 480.61% | -61.52% | 115.16% | Upgrade
|
| Shares Outstanding (Basic) | 1,837 | 1,834 | 1,834 | 1,834 | 1,834 | Upgrade
|
| Shares Outstanding (Diluted) | 1,837 | 1,834 | 1,834 | 1,834 | 1,834 | Upgrade
|
| Shares Change (YoY) | 0.21% | - | - | - | - | Upgrade
|
| EPS (Basic) | 1.03 | 0.72 | 0.83 | 0.14 | 0.37 | Upgrade
|
| EPS (Diluted) | 1.03 | 0.72 | 0.83 | 0.14 | 0.37 | Upgrade
|
| EPS Growth | 43.33% | -13.18% | 480.61% | -61.52% | 115.41% | Upgrade
|
| Free Cash Flow | -1,528 | -2,422 | -1,280 | -519.13 | 948.89 | Upgrade
|
| Free Cash Flow Per Share | -0.83 | -1.32 | -0.70 | -0.28 | 0.52 | Upgrade
|
| Dividend Per Share | - | - | 0.150 | - | 0.100 | Upgrade
|
| Dividend Growth | - | - | - | - | -50.00% | Upgrade
|
| Operating Margin | -17.62% | -3.82% | -0.57% | -8.95% | -1.22% | Upgrade
|
| Profit Margin | 7.55% | 6.52% | 10.98% | 2.65% | 7.72% | Upgrade
|
| Free Cash Flow Margin | -6.09% | -11.98% | -9.26% | -5.26% | 10.78% | Upgrade
|
| EBITDA | -3,923 | -284.75 | 245.61 | -579.43 | 114.46 | Upgrade
|
| EBITDA Margin | -15.65% | -1.41% | 1.78% | -5.87% | 1.30% | Upgrade
|
| D&A For EBITDA | 493.63 | 486.96 | 324.81 | 304.07 | 221.91 | Upgrade
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| EBIT | -4,417 | -771.71 | -79.2 | -883.5 | -107.46 | Upgrade
|
| EBIT Margin | -17.62% | -3.82% | -0.57% | -8.95% | -1.22% | Upgrade
|
| Effective Tax Rate | 12.86% | 21.58% | 3.91% | 6.60% | 1.48% | Upgrade
|
Source: S&P Capital IQ. Insurance template. Financial Sources.