LASACO Assurance Plc (NGX:LASACO)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
1.910
-0.040 (-2.05%)
At close: Aug 6, 2026

LASACO Assurance Income Statement

Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Premiums & Annuity Revenue
30,32030,86122,81918,29413,4708,187
Total Interest & Dividend Income
2,4903,0452,2401,350356.21656.17
Gain (Loss) on Sale of Investments
605.75399.48-11.3107.01-10.4247.96
Other Revenue
160.97189.54112.41458.42-0.11985.6
33,57734,49625,16120,21013,8169,876
Revenue Growth
5.20%37.10%24.50%46.28%39.89%12.24%
Policy Benefits
30,99833,53524,03417,79611,1724,069
Policy Acquisition & Underwriting Costs
-----1,614
Amortization of Goodwill & Intangibles
80.81147.4659.9732.890.02-
Depreciation & Amortization
664.23637.53493.63486.96324.81-
Selling, General & Administrative
4,6604,3462,6031,352918.984,609
Other Operating Expenses
303.19223.95-27.58129.6138.65110.71
Total Operating Expenses
38,24640,43729,76720,98213,89510,760
Operating Income
-4,669-5,941-4,607-771.71-79.2-883.5
Interest Expense
----4.32-1.89-17.94
Currency Exchange Gain (Loss)
368.82494.863,2902,370831.59618.06
Other Non Operating Income (Expenses)
4.234.2323.39-52.24132.11149.5
EBT Excluding Unusual Items
-4,296-5,442-1,2931,542882.62-133.88
Gain (Loss) on Sale of Assets
146.5733842.911.79-7.237.57
Asset Writedown
2,4932,4933,192126.41703.9406.17
Pretax Income
-1,657-2,6111,9421,6801,579279.85
Income Tax Expense
27.38189.38123.11362.5761.6818.47
Net Income
-1,684-2,8011,8191,3181,518261.38
Net Income to Common
-1,684-2,8011,8191,3181,518261.38
Net Income Growth
--38.06%-13.18%480.61%-61.52%
Shares Outstanding (Basic)
11,08811,0841,8341,8341,8341,834
Shares Outstanding (Diluted)
11,08811,0841,8341,8341,8341,834
Shares Change
504.71%504.48%----
EPS (Basic)
-0.15-0.250.990.720.830.14
EPS (Diluted)
-0.15-0.250.990.720.830.14
EPS Growth
--38.06%-13.18%480.61%-61.52%
Free Cash Flow
4,021-7,316-2,682-2,422-1,280-519.13
Free Cash Flow Per Share
0.36-0.66-1.46-1.32-0.70-0.28
Dividend Per Share
----0.150-
Dividend Growth
----50.00%-
Operating Margin
-13.91%-17.22%-18.31%-3.82%-0.57%-8.95%
Profit Margin
-5.02%-8.12%7.23%6.52%10.98%2.65%
Free Cash Flow Margin
11.97%-21.21%-10.66%-11.98%-9.26%-5.26%
EBITDA
-4,005-5,303-4,113-284.75245.61-579.43
EBITDA Margin
-11.93%-15.37%-16.35%-1.41%1.78%-5.87%
D&A For EBITDA
664.23637.53493.63486.96324.81304.07
EBIT
-4,669-5,941-4,607-771.71-79.2-883.5
EBIT Margin
-13.91%-17.22%-18.31%-3.82%-0.57%-8.95%
Effective Tax Rate
--6.34%21.58%3.91%6.60%