Coronation Insurance Plc (NGX: WAPIC)
Nigeria
· Delayed Price · Currency is NGN 0.880
+0.080 (10.00%)
At close: Oct 14, 2024
Coronation 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 | Jun '24 Jun 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 | 25,779 | 15,224 | 11,120 | 8,751 | 7,360 | 7,813 | Upgrade
|
| Total Interest & Dividend Income | 2,352 | 1,959 | 1,096 | 1,644 | 1,141 | 1,164 | Upgrade
|
| Gain (Loss) on Sale of Investments | 2,657 | -866.12 | -1,057 | 134.73 | -166.7 | 6.23 | Upgrade
|
| Other Revenue | -525.04 | - | - | 915.49 | 2,109 | 1,665 | Upgrade
|
| Total Revenue | 30,263 | 16,316 | 11,158 | 11,446 | 10,439 | 10,648 | Upgrade
|
| Revenue Growth (YoY) | 72.15% | 46.22% | -2.51% | 9.65% | -1.97% | 18.03% | Upgrade
|
| Policy Benefits | 22,001 | 15,136 | 11,519 | 5,708 | 3,195 | 3,125 | Upgrade
|
| Policy Acquisition & Underwriting Costs | - | - | - | 2,710 | 2,983 | 3,428 | Upgrade
|
| Amortization of Goodwill & Intangibles | - | - | - | 182.76 | 154.49 | 134.88 | Upgrade
|
| Depreciation & Amortization | - | - | - | 431.95 | 449.69 | 492.49 | Upgrade
|
| Selling, General & Administrative | - | - | - | 2,982 | 2,792 | 2,921 | Upgrade
|
| Provision for Bad Debts | - | - | - | 39.26 | - | - | Upgrade
|
| Other Operating Expenses | -2,983 | 568.5 | 933.78 | 579.87 | -27.38 | -175 | Upgrade
|
| Reinsurance Income or Expense | -4,605 | - | - | - | - | - | Upgrade
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| Total Operating Expenses | 23,623 | 15,705 | 12,453 | 14,148 | 10,608 | 11,282 | Upgrade
|
| Operating Income | 6,639 | 611.16 | -1,294 | -2,702 | -169.58 | -633.35 | Upgrade
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| Interest Expense | - | - | - | -54.95 | -30.04 | -62.97 | Upgrade
|
| Earnings From Equity Investments | 2,824 | 675.96 | -2,235 | 501.43 | 1,318 | 1,064 | Upgrade
|
| Currency Exchange Gain (Loss) | 2,071 | 2,071 | 1,714 | 634.82 | 669.14 | 27.5 | Upgrade
|
| Other Non Operating Income (Expenses) | -75.82 | -75.82 | - | -261.84 | -199.2 | -89.24 | Upgrade
|
| EBT Excluding Unusual Items | 11,458 | 3,282 | -1,816 | -1,883 | 1,588 | 306.31 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | 18.2 | 5.25 | - | Upgrade
|
| Asset Writedown | - | - | - | -247.71 | -448 | -282.68 | Upgrade
|
| Other Unusual Items | -1,065 | -1,065 | - | - | - | - | Upgrade
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| Pretax Income | 10,393 | 2,217 | -1,816 | -2,112 | 1,145 | 23.63 | Upgrade
|
| Income Tax Expense | 1,582 | 398.11 | 151.96 | 470.39 | -56.95 | -190.7 | Upgrade
|
| Net Income | 8,811 | 1,819 | -1,968 | -2,583 | 1,202 | 214.33 | Upgrade
|
| Net Income to Common | 8,811 | 1,819 | -1,968 | -2,583 | 1,202 | 214.33 | Upgrade
|
| Net Income Growth | - | - | - | - | 460.90% | -38.97% | Upgrade
|
| Shares Outstanding (Basic) | 23,992 | 23,921 | 23,921 | 23,921 | 23,921 | 13,312 | Upgrade
|
| Shares Outstanding (Diluted) | 23,992 | 23,921 | 23,921 | 23,921 | 23,921 | 13,312 | Upgrade
|
| Shares Change (YoY) | - | - | - | - | 79.70% | -0.53% | Upgrade
|
| EPS (Basic) | 0.37 | 0.08 | -0.08 | -0.11 | 0.05 | 0.02 | Upgrade
|
| EPS (Diluted) | 0.37 | 0.08 | -0.08 | -0.11 | 0.05 | 0.02 | Upgrade
|
| EPS Growth | - | - | - | - | 212.14% | -38.65% | Upgrade
|
| Free Cash Flow | 18,448 | 6,075 | -1,318 | -1,831 | 261.8 | -2,183 | Upgrade
|
| Free Cash Flow Per Share | 0.77 | 0.25 | -0.06 | -0.08 | 0.01 | -0.16 | Upgrade
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| Operating Margin | 21.94% | 3.75% | -11.60% | -23.61% | -1.62% | -5.95% | Upgrade
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| Profit Margin | 29.11% | 11.15% | -17.63% | -22.57% | 11.52% | 2.01% | Upgrade
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| Free Cash Flow Margin | 60.96% | 37.23% | -11.81% | -15.99% | 2.51% | -20.50% | Upgrade
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| EBITDA | 7,201 | 1,054 | -1,001 | -2,273 | 244.6 | -204.85 | Upgrade
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| EBITDA Margin | 23.80% | 6.46% | -8.97% | -19.86% | 2.34% | -1.92% | Upgrade
|
| D&A For EBITDA | 562.09 | 443.32 | 293.89 | 429.17 | 414.18 | 428.5 | Upgrade
|
| EBIT | 6,639 | 611.16 | -1,294 | -2,702 | -169.58 | -633.35 | Upgrade
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| EBIT Margin | 21.94% | 3.75% | -11.60% | -23.61% | -1.62% | -5.95% | Upgrade
|
| Effective Tax Rate | 15.22% | 17.96% | - | - | - | - | Upgrade
|
Source: S&P Capital IQ. Insurance template. Financial Sources.