Coronation Insurance Plc (NGX:WAPIC)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
2.030
+0.030 (1.50%)
At close: Jun 13, 2025

Coronation Insurance Income Statement

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 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Premiums & Annuity Revenue
55,01249,47424,56611,1208,7517,360
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Total Interest & Dividend Income
3,8182,7741,9591,0961,6441,141
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Gain (Loss) on Sale of Investments
-3,741-1,378-866.12-1,057134.73-166.7
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Other Revenue
1,021---915.492,109
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Total Revenue
56,10950,87125,65911,15811,44610,439
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Revenue Growth (YoY)
65.39%98.26%129.95%-2.51%9.65%-1.97%
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Policy Benefits
49,78843,98724,47911,5195,7083,195
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Policy Acquisition & Underwriting Costs
----2,7102,983
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Amortization of Goodwill & Intangibles
----182.76154.49
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Depreciation & Amortization
----431.95449.69
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Selling, General & Administrative
----2,9822,792
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Provision for Bad Debts
----39.26-
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Other Operating Expenses
8,2125,530568.5933.78579.87-27.38
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Reinsurance Income or Expense
695.18-----
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Total Operating Expenses
57,30549,51725,04812,45314,14810,608
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Operating Income
-1,1961,354611.17-1,294-2,702-169.58
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Interest Expense
-----54.95-30.04
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Earnings From Equity Investments
4,0123,041675.96-2,235501.431,318
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Currency Exchange Gain (Loss)
8,0028,0022,0711,714634.82669.14
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Other Non Operating Income (Expenses)
311.76311.76-75.82--261.84-199.2
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EBT Excluding Unusual Items
11,13012,7103,282-1,816-1,8831,588
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Gain (Loss) on Sale of Assets
----18.25.25
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Asset Writedown
-----247.71-448
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Other Unusual Items
1,1021,102-1,065---
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Pretax Income
12,23213,8112,217-1,816-2,1121,145
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Income Tax Expense
2,0491,900398.11151.96470.39-56.95
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Net Income
10,18311,9111,819-1,968-2,5831,202
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Net Income to Common
10,18311,9111,819-1,968-2,5831,202
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Net Income Growth
38.24%554.81%---460.90%
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Shares Outstanding (Basic)
23,99223,92123,92123,92123,92123,921
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Shares Outstanding (Diluted)
23,99223,92123,92123,92123,92123,921
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Shares Change (YoY)
-----79.70%
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EPS (Basic)
0.420.500.08-0.08-0.110.05
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EPS (Diluted)
0.420.500.08-0.08-0.110.05
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EPS Growth
38.24%554.81%---212.14%
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Free Cash Flow
20,91520,3568,132-1,318-1,831261.8
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Free Cash Flow Per Share
0.870.850.34-0.06-0.080.01
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Operating Margin
-2.13%2.66%2.38%-11.60%-23.61%-1.63%
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Profit Margin
18.15%23.41%7.09%-17.63%-22.56%11.52%
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Free Cash Flow Margin
37.28%40.02%31.69%-11.81%-15.99%2.51%
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EBITDA
109.062,6141,054-1,001-2,273244.6
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EBITDA Margin
0.19%5.14%4.11%-8.97%-19.86%2.34%
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D&A For EBITDA
1,3051,260443.32293.89429.17414.18
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EBIT
-1,1961,354611.17-1,294-2,702-169.58
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EBIT Margin
-2.13%2.66%2.38%-11.60%-23.61%-1.62%
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Effective Tax Rate
16.75%13.76%17.96%---
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Source: S&P Global Market Intelligence. Insurance template. Financial Sources.