NEM Insurance Plc (NGX: NEM)
Nigeria
· Delayed Price · Currency is NGN 12.05
-0.85 (-6.59%)
At close: Feb 4, 2025
NEM Insurance 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 | 73,856 | 32,545 | 22,150 | 19,306 | 15,863 | Upgrade
|
| Total Interest & Dividend Income | 7,411 | 2,894 | 1,555 | 1,135 | 1,004 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | 59 | 307.02 | 1,054 | Upgrade
|
| Other Revenue | 1,911 | 2,516 | 1,747 | 1,540 | 1,212 | Upgrade
|
| Total Revenue | 83,178 | 37,955 | 25,511 | 22,288 | 19,134 | Upgrade
|
| Revenue Growth (YoY) | 119.15% | 48.78% | 14.46% | 16.49% | 28.30% | Upgrade
|
| Policy Benefits | 55,621 | 9,357 | 7,647 | 5,561 | 6,054 | Upgrade
|
| Policy Acquisition & Underwriting Costs | - | 17,609 | 9,093 | 7,580 | 4,420 | Upgrade
|
| Selling, General & Administrative | 7,921 | 5,424 | 3,725 | 4,198 | 3,221 | Upgrade
|
| Provision for Bad Debts | 220.41 | 533.25 | - | - | - | Upgrade
|
| Other Operating Expenses | - | -13.66 | -80.41 | 651.69 | 569.1 | Upgrade
|
| Total Operating Expenses | 63,762 | 32,910 | 20,385 | 17,991 | 14,264 | Upgrade
|
| Operating Income | 19,416 | 5,045 | 5,126 | 4,297 | 4,870 | Upgrade
|
| Interest Expense | -137.77 | - | - | -3.74 | - | Upgrade
|
| Earnings From Equity Investments | - | - | - | - | -22.42 | Upgrade
|
| Currency Exchange Gain (Loss) | 7,745 | 10,775 | 297.15 | 183.31 | 210.83 | Upgrade
|
| Other Non Operating Income (Expenses) | - | 4,805 | - | - | 76 | Upgrade
|
| EBT Excluding Unusual Items | 27,024 | 20,625 | 5,423 | 4,477 | 5,134 | Upgrade
|
| Gain (Loss) on Sale of Assets | -8.73 | 163.38 | -36.43 | -12.1 | -16.83 | Upgrade
|
| Asset Writedown | - | - | 104.6 | 73.42 | 24.71 | Upgrade
|
| Other Unusual Items | - | - | -9.74 | -10 | -12.19 | Upgrade
|
| Pretax Income | 27,015 | 20,789 | 5,481 | 4,528 | 5,130 | Upgrade
|
| Income Tax Expense | 3,701 | 2,287 | 41.88 | 95.92 | 45.16 | Upgrade
|
| Net Income | 23,314 | 18,502 | 5,440 | 4,432 | 5,085 | Upgrade
|
| Net Income to Common | 23,314 | 18,502 | 5,440 | 4,432 | 5,085 | Upgrade
|
| Net Income Growth | 26.01% | 240.13% | 22.73% | -12.83% | 112.27% | Upgrade
|
| Shares Outstanding (Basic) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | Upgrade
|
| Shares Outstanding (Diluted) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | Upgrade
|
| Shares Change (YoY) | - | 0.00% | - | -0.00% | - | Upgrade
|
| EPS (Basic) | 4.65 | 3.69 | 1.08 | 0.88 | 1.01 | Upgrade
|
| EPS (Diluted) | 4.65 | 3.69 | 1.08 | 0.88 | 1.01 | Upgrade
|
| EPS Growth | 26.01% | 241.50% | 22.73% | -12.91% | 113.32% | Upgrade
|
| Free Cash Flow | -350.3 | 470.7 | 4,988 | 3,018 | 3,964 | Upgrade
|
| Free Cash Flow Per Share | -0.07 | 0.09 | 0.99 | 0.60 | 0.79 | Upgrade
|
| Dividend Per Share | - | 0.600 | 0.300 | 0.220 | 0.180 | Upgrade
|
| Dividend Growth | - | 100.00% | 36.36% | 22.22% | - | Upgrade
|
| Operating Margin | 23.34% | 13.29% | 20.09% | 19.28% | 25.45% | Upgrade
|
| Profit Margin | 28.03% | 48.75% | 21.32% | 19.89% | 26.57% | Upgrade
|
| Free Cash Flow Margin | -0.42% | 1.24% | 19.55% | 13.54% | 20.72% | Upgrade
|
| EBITDA | 19,706 | 5,321 | 5,370 | 4,539 | 5,115 | Upgrade
|
| EBITDA Margin | 23.69% | 14.02% | 21.05% | 20.37% | 26.73% | Upgrade
|
| D&A For EBITDA | 289.81 | 275.68 | 243.79 | 242.08 | 244.82 | Upgrade
|
| EBIT | 19,416 | 5,045 | 5,126 | 4,297 | 4,870 | Upgrade
|
| EBIT Margin | 23.34% | 13.29% | 20.09% | 19.28% | 25.45% | Upgrade
|
| Effective Tax Rate | 13.70% | 11.00% | 0.76% | 2.12% | 0.88% | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.