NEM Insurance Plc (NGX:NEM)
Nigeria
· Delayed Price · Currency is NGN 15.00
0.00 (0.00%)
At close: May 9, 2025
NEM Insurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | 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 | 2015 - 2019 |
| Premiums & Annuity Revenue | 79,210 | 67,870 | 36,263 | 23,712 | 19,306 | 15,863 | Upgrade
|
| Total Interest & Dividend Income | 8,927 | 7,598 | 3,182 | 1,467 | 1,135 | 1,004 | Upgrade
|
| Gain (Loss) on Sale of Investments | 385.5 | 385.5 | 4,281 | 69.49 | 307.02 | 1,054 | Upgrade
|
| Other Revenue | 394.4 | 396.81 | 131.42 | 188.68 | 1,540 | 1,212 | Upgrade
|
| Total Revenue | 88,917 | 76,250 | 43,858 | 25,437 | 22,288 | 19,134 | Upgrade
|
| Revenue Growth (YoY) | 47.68% | 73.86% | 72.42% | 14.13% | 16.49% | 28.30% | Upgrade
|
| Policy Benefits | 14,384 | 20,174 | 12,008 | 7,597 | 5,561 | 6,054 | Upgrade
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| Policy Acquisition & Underwriting Costs | 45,275 | 30,915 | 18,990 | 9,856 | 7,580 | 4,420 | Upgrade
|
| Selling, General & Administrative | 9,573 | 8,523 | 5,279 | 3,725 | 4,198 | 3,221 | Upgrade
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| Provision for Bad Debts | - | - | - | 18.93 | - | - | Upgrade
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| Other Operating Expenses | -2,139 | -2,139 | 55.79 | -892.56 | 651.69 | 569.1 | Upgrade
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| Total Operating Expenses | 67,093 | 57,473 | 36,333 | 20,304 | 17,991 | 14,264 | Upgrade
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| Operating Income | 21,824 | 18,777 | 7,525 | 5,133 | 4,297 | 4,870 | Upgrade
|
| Interest Expense | -231.83 | -199.98 | -362.81 | - | -3.74 | - | Upgrade
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| Earnings From Equity Investments | - | - | - | - | - | -22.42 | Upgrade
|
| Currency Exchange Gain (Loss) | 14,804 | 14,804 | 11,389 | 297.15 | 183.31 | 210.83 | Upgrade
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| Other Non Operating Income (Expenses) | -218.07 | -218.07 | -19.08 | - | - | 76 | Upgrade
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| EBT Excluding Unusual Items | 36,178 | 33,163 | 18,532 | 5,430 | 4,477 | 5,134 | Upgrade
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| Gain (Loss) on Sale of Investments | -832.36 | -832.36 | -194.24 | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | -9.67 | -8.73 | 13.66 | -36.43 | -12.1 | -16.83 | Upgrade
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| Asset Writedown | 1,377 | 1,377 | 526.78 | 104.6 | 73.42 | 24.71 | Upgrade
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| Other Unusual Items | - | - | - | - | -10 | -12.19 | Upgrade
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| Pretax Income | 36,713 | 33,699 | 18,878 | 5,498 | 4,528 | 5,130 | Upgrade
|
| Income Tax Expense | 5,191 | 4,458 | 5,929 | 96.67 | 95.92 | 45.16 | Upgrade
|
| Earnings From Continuing Ops. | 31,522 | 29,241 | 12,949 | 5,401 | 4,432 | 5,085 | Upgrade
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| Minority Interest in Earnings | -26.19 | -26.19 | 72.07 | - | - | - | Upgrade
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| Net Income | 31,496 | 29,214 | 13,021 | 5,401 | 4,432 | 5,085 | Upgrade
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| Net Income to Common | 31,496 | 29,214 | 13,021 | 5,401 | 4,432 | 5,085 | Upgrade
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| Net Income Growth | 44.77% | 124.37% | 141.06% | 21.87% | -12.83% | 112.27% | Upgrade
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| Shares Outstanding (Basic) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | Upgrade
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| Shares Outstanding (Diluted) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | Upgrade
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| EPS (Basic) | 6.28 | 5.82 | 2.60 | 1.08 | 0.88 | 1.01 | Upgrade
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| EPS (Diluted) | 6.27 | 5.82 | 2.60 | 1.08 | 0.88 | 1.01 | Upgrade
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| EPS Growth | 44.68% | 124.22% | 141.06% | 22.36% | -12.91% | 113.32% | Upgrade
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| Free Cash Flow | 18,023 | 22,275 | 10,971 | 5,079 | 3,018 | 3,964 | Upgrade
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| Free Cash Flow Per Share | 3.59 | 4.44 | 2.19 | 1.01 | 0.60 | 0.79 | Upgrade
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| Dividend Per Share | 1.000 | 1.000 | 0.600 | 0.300 | 0.220 | 0.180 | Upgrade
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| Dividend Growth | 66.67% | 66.67% | 100.00% | 36.36% | 22.22% | - | Upgrade
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| Operating Margin | 24.54% | 24.63% | 17.16% | 20.18% | 19.28% | 25.45% | Upgrade
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| Profit Margin | 35.42% | 38.31% | 29.69% | 21.23% | 19.89% | 26.57% | Upgrade
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| Free Cash Flow Margin | 20.27% | 29.21% | 25.02% | 19.97% | 13.54% | 20.72% | Upgrade
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| EBITDA | 22,227 | 19,143 | 7,823 | 5,377 | 4,539 | 5,115 | Upgrade
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| EBITDA Margin | 25.00% | 25.11% | 17.84% | 21.14% | 20.37% | 26.73% | Upgrade
|
| D&A For EBITDA | 402.45 | 365.67 | 298.26 | 243.79 | 242.08 | 244.82 | Upgrade
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| EBIT | 21,824 | 18,777 | 7,525 | 5,133 | 4,297 | 4,870 | Upgrade
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| EBIT Margin | 24.54% | 24.63% | 17.16% | 20.18% | 19.28% | 25.45% | Upgrade
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| Effective Tax Rate | 14.14% | 13.23% | 31.41% | 1.76% | 2.12% | 0.88% | Upgrade
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Source: S&P Global Market Intelligence. Insurance template. Financial Sources.