Linkage Assurance Plc (NGX:LINKASSURE)

Linkage Assurance Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	-	4,606	2,575	1,842	802.78	150
Investments in Equity & Preferred Securities	-	34,472	26,915	19,474	16,116	18,552
Policy Loans	-	13.66	-	13.66	13.66	-
Other Investments	62,299	16,580	16,039	12,067	6,215	3,690
Total Investments	62,655	60,728	47,972	36,059	26,156	27,600
Cash & Equivalents	2,973	4,434	5,417	5,507	4,188	3,477
Reinsurance Recoverable	8,149	4,143	5,571	4,025	4,903	3,839
Other Receivables	4,594	2,829	1,939	1,081	898.81	245.87
Deferred Policy Acquisition Cost	-	-	-	-	-	432.83
Property, Plant & Equipment	4,582	3,199	3,434	3,466	1,606	1,492
Other Intangible Assets	337.89	25.07	33.91	33.1	20.84	36.87
Restricted Cash	1,500	770	700	700	700	500
Other Current Assets	15,832	770.55	609.6	456.65	316.51	1,087
Other Long-Term Assets	201.93	-	-	0	-	-
Total Assets	100,826	76,899	65,677	51,327	38,790	38,710

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	136.1	1,277	2,109	1,670	779.22	480.81
Insurance & Annuity Liabilities	22,682	6,838	6,680	5,986	3,620	0.98
Unpaid Claims	-	12,241	11,330	10,024	9,572	8,869
Unearned Premiums	-	75.43	22.37	35.53	21.71	2,987
Reinsurance Payable	-	-	-	-	595.73	481.53
Current Income Taxes Payable	401.19	295.85	245.56	174.59	157.85	60.26
Long-Term Deferred Tax Liabilities	9,003	9,003	2,037	-	-	-
Other Current Liabilities	777.32	139.17	65.51	61.95	24.93	635.32
Other Long-Term Liabilities	1,231	343	343	343	343	-
Total Liabilities	34,230	30,213	22,832	18,295	15,199	13,604

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	15,400	9,240	7,700	7,000	7,000	7,000
Additional Paid-In Capital	9,940	497.46	547.43	560.29	560.29	560.29
Retained Earnings	15,793	11,707	10,121	5,969	687.71	-634.68
Comprehensive Income & Other	25,462	25,242	24,476	19,503	15,344	18,180
Shareholders' Equity	66,596	46,686	42,845	33,032	23,592	25,106
Total Liabilities & Equity	100,826	76,899	65,677	51,327	38,790	38,710

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	55,207	18,480	18,480	18,480	18,480	18,480
Total Common Shares Outstanding	55,207	18,480	18,480	18,480	18,480	18,480
Net Cash (Debt)	2,973	4,434	5,417	5,507	4,188	3,477
Net Cash Growth	-50.19%	-18.15%	-1.65%	31.49%	20.47%	-3.22%
Net Cash Per Share	0.11	0.24	0.29	0.30	0.23	0.19
Book Value Per Share	1.21	2.53	2.32	1.79	1.28	1.36
Tangible Book Value	66,258	46,661	42,811	32,999	23,571	25,069
Tangible Book Value Per Share	1.20	2.52	2.32	1.79	1.28	1.36
Land	-	1,439	1,439	1,439	847.42	847.42
Buildings	-	933.24	926.12	581.18	287.82	287.82
Machinery	-	2,676	2,611	2,477	1,495	1,248
Construction In Progress	-	95.11	92.17	275.88	85.86	85.86

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

Data Sources Report a data error