NEM Insurance Plc (NGX:NEM)
Nigeria · Delayed Price · Currency is NGN 28.60
0.00 (0.00%)
At close: Nov 4, 2026
NEM Insurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Premiums & Annuity Revenue | 96,076 | 96,483 | 67,870 | 36,263 | 23,712 | 19,306 |
Total Interest & Dividend Income | 12,703 | 11,820 | 7,598 | 3,182 | 1,467 | 1,135 |
Gain (Loss) on Sale of Investments | 13,041 | 6,888 | -446.85 | 4,087 | 69.49 | 307.02 |
Other Revenue | 174.36 | 152.17 | 396.81 | 131.42 | 188.68 | 1,540 |
| 121,993 | 115,343 | 75,418 | 43,664 | 25,437 | 22,288 | |
Revenue Growth | 4.18% | 52.94% | 72.72% | 71.65% | 14.13% | 16.49% |
Policy Benefits | 29,953 | 34,797 | 20,174 | 12,008 | 7,597 | 5,561 |
Policy Acquisition & Underwriting Costs | 43,603 | 42,928 | 30,915 | 18,990 | 9,856 | 7,580 |
Selling, General & Administrative | 11,277 | 10,434 | 8,523 | 5,279 | 3,725 | 4,198 |
Provision for Bad Debts | - | - | - | - | 18.93 | - |
Other Operating Expenses | -564.18 | -562.69 | -2,139 | 55.79 | -892.56 | 651.69 |
Total Operating Expenses | 84,269 | 87,597 | 57,473 | 36,333 | 20,304 | 17,991 |
Operating Income | 37,725 | 27,747 | 17,945 | 7,331 | 5,133 | 4,297 |
Interest Expense | -460 | -431.52 | -199.98 | -362.81 | - | -3.74 |
Currency Exchange Gain (Loss) | -5,086 | -2,452 | 14,804 | 11,389 | 297.15 | 183.31 |
Other Non Operating Income (Expenses) | -37.9 | -37.9 | -218.07 | -19.08 | - | - |
EBT Excluding Unusual Items | 32,141 | 24,825 | 32,331 | 18,337 | 5,430 | 4,477 |
Gain (Loss) on Sale of Assets | -58.42 | -0.27 | -8.73 | 13.66 | -36.43 | -12.1 |
Asset Writedown | 3,151 | 3,151 | 1,377 | 526.78 | 104.6 | 73.42 |
Other Unusual Items | - | - | - | - | - | -10 |
Pretax Income | 35,234 | 27,976 | 33,699 | 18,878 | 5,498 | 4,528 |
Income Tax Expense | 5,072 | 4,077 | 4,458 | 5,929 | 96.67 | 95.92 |
Earnings From Continuing Ops. | 30,162 | 23,899 | 29,241 | 12,949 | 5,401 | 4,432 |
Minority Interest in Earnings | -66.3 | -66.3 | -26.19 | 72.07 | - | - |
Net Income | 30,096 | 23,833 | 29,214 | 13,021 | 5,401 | 4,432 |
Net Income to Common | 30,096 | 23,833 | 29,214 | 13,021 | 5,401 | 4,432 |
Net Income Growth | -16.79% | -18.42% | 124.37% | 141.06% | 21.87% | -12.83% |
Shares Outstanding (Basic) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 |
Shares Outstanding (Diluted) | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 | 5,016 |
Shares Change | - | - | - | - | - | - |
EPS (Basic) | 6.00 | 4.75 | 5.82 | 2.60 | 1.08 | 0.88 |
EPS (Diluted) | 6.00 | 4.75 | 5.82 | 2.60 | 1.08 | 0.88 |
EPS Growth | -16.76% | -18.39% | 124.22% | 141.06% | 22.36% | -12.91% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 19,046 | 31,175 | 22,275 | 10,971 | 5,079 | 3,018 |
Free Cash Flow Per Share | 3.80 | 6.21 | 4.44 | 2.19 | 1.01 | 0.60 |
Dividend Per Share | 1.500 | 1.500 | 1.000 | 0.600 | 0.300 | 0.220 |
Dividend Growth | 50.00% | 50.00% | 66.67% | 100.00% | 36.36% | 22.22% |
Operating Margin | 30.92% | 24.06% | 23.79% | 16.79% | 20.18% | 19.28% |
Profit Margin | 24.67% | 20.66% | 38.74% | 29.82% | 21.23% | 19.89% |
Free Cash Flow Margin | 15.61% | 27.03% | 29.54% | 25.13% | 19.97% | 13.54% |
EBITDA | 38,705 | 28,219 | 18,311 | 7,629 | 5,377 | 4,539 |
EBITDA Margin | 31.73% | 24.47% | 24.28% | 17.47% | 21.14% | 20.37% |
D&A For EBITDA | 980.02 | 472.67 | 365.67 | 298.26 | 243.79 | 242.08 |
EBIT | 37,725 | 27,747 | 17,945 | 7,331 | 5,133 | 4,297 |
EBIT Margin | 30.92% | 24.06% | 23.79% | 16.79% | 20.18% | 19.28% |
Effective Tax Rate | 14.39% | 14.57% | 13.23% | 31.41% | 1.76% | 2.12% |