NEM Insurance Plc (NGX: NEM)
Nigeria
· Delayed Price · Currency is NGN 11.00
+0.20 (1.85%)
At close: Dec 24, 2024
NEM Insurance 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 | Sep '24 Sep 30, 2024 | 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 | 56,289 | 32,545 | 22,150 | 19,306 | 15,863 | 12,618 | Upgrade
|
| Total Interest & Dividend Income | 4,418 | 2,894 | 1,555 | 1,135 | 1,004 | 878.19 | Upgrade
|
| Gain (Loss) on Sale of Investments | -1,119 | - | 59 | 307.02 | 1,054 | 175.75 | Upgrade
|
| Other Revenue | 2,547 | 2,516 | 1,747 | 1,540 | 1,212 | 1,242 | Upgrade
|
| Total Revenue | 62,135 | 37,955 | 25,511 | 22,288 | 19,134 | 14,913 | Upgrade
|
| Revenue Growth (YoY) | 57.84% | 48.78% | 14.46% | 16.49% | 28.30% | 21.36% | Upgrade
|
| Policy Benefits | 12,863 | 9,357 | 7,647 | 5,561 | 6,054 | 3,937 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 26,796 | 17,609 | 9,093 | 7,580 | 4,420 | 5,002 | Upgrade
|
| Selling, General & Administrative | 6,977 | 5,424 | 3,725 | 4,198 | 3,221 | 3,536 | Upgrade
|
| Provision for Bad Debts | 533.25 | 533.25 | - | - | - | - | Upgrade
|
| Other Operating Expenses | 108.36 | -13.66 | -80.41 | 651.69 | 569.1 | 538.3 | Upgrade
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| Total Operating Expenses | 47,278 | 32,910 | 20,385 | 17,991 | 14,264 | 13,013 | Upgrade
|
| Operating Income | 14,857 | 5,045 | 5,126 | 4,297 | 4,870 | 1,900 | Upgrade
|
| Interest Expense | -16.6 | - | - | -3.74 | - | - | Upgrade
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| Earnings From Equity Investments | - | - | - | - | -22.42 | 21.41 | Upgrade
|
| Currency Exchange Gain (Loss) | 11,083 | 10,775 | 297.15 | 183.31 | 210.83 | - | Upgrade
|
| Other Non Operating Income (Expenses) | 4,572 | 4,805 | - | - | 76 | - | Upgrade
|
| EBT Excluding Unusual Items | 30,495 | 20,625 | 5,423 | 4,477 | 5,134 | 1,922 | Upgrade
|
| Gain (Loss) on Sale of Assets | 152.1 | 163.38 | -36.43 | -12.1 | -16.83 | 0.87 | Upgrade
|
| Asset Writedown | - | - | 104.6 | 73.42 | 24.71 | 0.18 | Upgrade
|
| Other Unusual Items | - | - | -9.74 | -10 | -12.19 | -2.87 | Upgrade
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| Pretax Income | 30,647 | 20,789 | 5,481 | 4,528 | 5,130 | 1,920 | Upgrade
|
| Income Tax Expense | 3,795 | 2,287 | 41.88 | 95.92 | 45.16 | -475.61 | Upgrade
|
| Net Income | 26,852 | 18,502 | 5,440 | 4,432 | 5,085 | 2,395 | Upgrade
|
| Net Income to Common | 26,852 | 18,502 | 5,440 | 4,432 | 5,085 | 2,395 | Upgrade
|
| Net Income Growth | 301.24% | 240.13% | 22.73% | -12.83% | 112.27% | 17.61% | Upgrade
|
| Shares Outstanding (Basic) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | Upgrade
|
| Shares Outstanding (Diluted) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | Upgrade
|
| Shares Change (YoY) | - | 0.00% | - | -0.00% | - | - | Upgrade
|
| EPS (Basic) | 5.35 | 3.69 | 1.08 | 0.88 | 1.01 | 0.48 | Upgrade
|
| EPS (Diluted) | 5.35 | 3.69 | 1.08 | 0.88 | 1.01 | 0.47 | Upgrade
|
| EPS Growth | 302.56% | 241.50% | 22.73% | -12.91% | 113.32% | 16.67% | Upgrade
|
| Free Cash Flow | 11,240 | 470.7 | 4,988 | 3,018 | 3,964 | 2,156 | Upgrade
|
| Free Cash Flow Per Share | 2.24 | 0.09 | 0.99 | 0.60 | 0.79 | 0.43 | Upgrade
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| Dividend Per Share | 0.600 | 0.600 | 0.300 | 0.220 | 0.180 | - | Upgrade
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| Dividend Growth | 100.00% | 100.00% | 36.36% | 22.22% | - | - | Upgrade
|
| Operating Margin | 23.91% | 13.29% | 20.09% | 19.28% | 25.45% | 12.74% | Upgrade
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| Profit Margin | 43.22% | 48.75% | 21.32% | 19.89% | 26.57% | 16.06% | Upgrade
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| Free Cash Flow Margin | 18.09% | 1.24% | 19.55% | 13.54% | 20.72% | 14.46% | Upgrade
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| EBITDA | 15,150 | 5,321 | 5,370 | 4,539 | 5,115 | 2,292 | Upgrade
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| EBITDA Margin | 24.38% | 14.02% | 21.05% | 20.37% | 26.73% | 15.37% | Upgrade
|
| D&A For EBITDA | 293.38 | 275.68 | 243.79 | 242.08 | 244.82 | 391.74 | Upgrade
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| EBIT | 14,857 | 5,045 | 5,126 | 4,297 | 4,870 | 1,900 | Upgrade
|
| EBIT Margin | 23.91% | 13.29% | 20.09% | 19.28% | 25.45% | 12.74% | Upgrade
|
| Effective Tax Rate | 12.38% | 11.00% | 0.76% | 2.12% | 0.88% | - | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.