Mutual Benefits Assurance Plc (NGX: MBENEFIT)
Nigeria
· Delayed Price · Currency is NGN 0.610
0.00 (0.00%)
At close: Sep 13, 2024
Mutual Benefits Assurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Dec '23 Dec 31, 2023 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Premiums & Annuity Revenue | 33,889 | 33,889 | 28,760 | 22,455 | 16,079 | 15,289 | Upgrade
|
| Total Interest & Dividend Income | 4,927 | 4,927 | 4,726 | 3,237 | 3,048 | 3,832 | Upgrade
|
| Gain (Loss) on Sale of Investments | -23.6 | -23.6 | -172.62 | -5,610 | 3,363 | 974.96 | Upgrade
|
| Other Revenue | 1,206 | 1,206 | 828.53 | 903.77 | 768.25 | 521.43 | Upgrade
|
| Total Revenue | 39,998 | 39,998 | 34,143 | 20,986 | 23,258 | 20,618 | Upgrade
|
| Revenue Growth (YoY) | 17.15% | 17.15% | 62.69% | -9.77% | 12.80% | 13.65% | Upgrade
|
| Policy Benefits | 14,848 | 14,848 | 12,265 | 11,703 | 8,193 | 6,187 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 11,938 | 11,938 | 8,856 | 7,064 | 4,932 | 4,186 | Upgrade
|
| Selling, General & Administrative | 4,810 | 4,810 | 3,919 | 4,140 | 3,959 | 3,797 | Upgrade
|
| Provision for Bad Debts | 406 | 406 | 170.76 | 24.38 | 43.89 | 23.87 | Upgrade
|
| Other Operating Expenses | 313.95 | 313.95 | 320.66 | -159.71 | 5.88 | 29.52 | Upgrade
|
| Total Operating Expenses | 34,850 | 34,850 | 27,696 | 24,367 | 19,498 | 16,778 | Upgrade
|
| Operating Income | 5,148 | 5,148 | 6,447 | -3,381 | 3,760 | 3,840 | Upgrade
|
| Interest Expense | -150.21 | -150.21 | -2,967 | -1,570 | -22.82 | -43.42 | Upgrade
|
| Currency Exchange Gain (Loss) | 1,441 | 1,441 | 380.55 | -594.94 | 212.24 | -48.95 | Upgrade
|
| Other Non Operating Income (Expenses) | -439.56 | -439.56 | -182.07 | -200.98 | -421.51 | 4.9 | Upgrade
|
| EBT Excluding Unusual Items | 6,000 | 6,000 | 3,679 | -5,746 | 3,528 | 3,753 | Upgrade
|
| Impairment of Goodwill | - | - | - | - | - | -1.54 | Upgrade
|
| Gain (Loss) on Sale of Assets | 35.04 | 35.04 | 122.53 | 145.32 | 8.15 | 2.79 | Upgrade
|
| Asset Writedown | 156.82 | 156.82 | 19.7 | 10.77 | -70 | 0 | Upgrade
|
| Other Unusual Items | - | - | - | - | 1,576 | - | Upgrade
|
| Pretax Income | 6,192 | 6,192 | 3,821 | -5,590 | 5,042 | 3,754 | Upgrade
|
| Income Tax Expense | 974.08 | 974.08 | 680.12 | -165.36 | -67.18 | 141.82 | Upgrade
|
| Earnings From Continuing Ops. | 5,218 | 5,218 | 3,141 | -5,425 | 5,109 | 3,612 | Upgrade
|
| Net Income to Company | 5,218 | 5,218 | 3,141 | -5,425 | 5,109 | 3,612 | Upgrade
|
| Minority Interest in Earnings | -244.09 | -244.09 | -131.32 | -150.66 | 22.61 | 30.51 | Upgrade
|
| Net Income | 4,974 | 4,974 | 3,010 | -5,575 | 5,132 | 3,643 | Upgrade
|
| Net Income to Common | 4,974 | 4,974 | 3,010 | -5,575 | 5,132 | 3,643 | Upgrade
|
| Net Income Growth | 65.23% | 65.23% | - | - | 40.88% | 222.90% | Upgrade
|
| Shares Outstanding (Basic) | 20,061 | 20,061 | 20,061 | 15,531 | 11,172 | 10,103 | Upgrade
|
| Shares Outstanding (Diluted) | 20,061 | 20,061 | 20,061 | 15,531 | 11,172 | 10,103 | Upgrade
|
| Shares Change (YoY) | - | - | 29.16% | 39.02% | 10.58% | 26.30% | Upgrade
|
| EPS (Basic) | 0.25 | 0.25 | 0.15 | -0.36 | 0.46 | 0.36 | Upgrade
|
| EPS (Diluted) | 0.25 | 0.25 | 0.15 | -0.36 | 0.46 | 0.36 | Upgrade
|
| EPS Growth | 65.28% | 65.28% | - | - | 27.59% | 157.14% | Upgrade
|
| Free Cash Flow | 4,494 | 4,494 | 937.52 | 1,571 | 2,118 | 22.12 | Upgrade
|
| Free Cash Flow Per Share | 0.22 | 0.22 | 0.05 | 0.10 | 0.19 | 0.00 | Upgrade
|
| Operating Margin | 12.87% | 12.87% | 18.88% | -16.11% | 16.17% | 18.63% | Upgrade
|
| Profit Margin | 12.43% | 12.43% | 8.82% | -26.57% | 22.07% | 17.67% | Upgrade
|
| Free Cash Flow Margin | 11.24% | 11.24% | 2.75% | 7.48% | 9.11% | 0.11% | Upgrade
|
| EBITDA | 5,515 | 5,515 | 6,798 | -3,057 | 4,119 | 4,355 | Upgrade
|
| EBITDA Margin | 13.79% | 13.79% | 19.91% | -14.57% | 17.71% | 21.12% | Upgrade
|
| D&A For EBITDA | 366.21 | 366.21 | 350.87 | 323.87 | 358.97 | 514.97 | Upgrade
|
| EBIT | 5,148 | 5,148 | 6,447 | -3,381 | 3,760 | 3,840 | Upgrade
|
| EBIT Margin | 12.87% | 12.87% | 18.88% | -16.11% | 16.17% | 18.63% | Upgrade
|
| Effective Tax Rate | 15.73% | 15.73% | 17.80% | - | - | 3.78% | Upgrade
|
Source: S&P Capital IQ. Insurance template. Financial Sources.