Coronation Insurance Plc (NGX:WAPIC)
Nigeria · Delayed Price · Currency is NGN 2.390
+0.090 (3.91%)
At close: Sep 2, 2026
Coronation 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 | Jun '26 Jun 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 | 79,704 | 74,828 | 49,474 | 24,566 | 11,120 | 8,751 |
Total Interest & Dividend Income | 5,306 | 4,108 | 2,774 | 1,959 | 1,096 | 1,644 |
Gain (Loss) on Sale of Investments | 1,761 | 1,621 | -1,378 | -870.93 | -1,057 | 134.73 |
Other Revenue | 1,243 | - | - | - | - | 915.49 |
| 88,015 | 80,556 | 50,870 | 25,654 | 11,158 | 11,446 | |
Revenue Growth | 43.84% | 58.36% | 98.29% | 129.91% | -2.51% | 9.65% |
Policy Benefits | 67,762 | 64,258 | 43,987 | 24,479 | 11,519 | 5,708 |
Policy Acquisition & Underwriting Costs | - | - | - | - | - | 2,710 |
Amortization of Goodwill & Intangibles | - | - | - | - | - | 182.76 |
Depreciation & Amortization | - | - | - | - | - | 431.95 |
Selling, General & Administrative | - | - | - | - | - | 2,982 |
Provision for Bad Debts | - | - | - | - | - | 39.26 |
Other Operating Expenses | 8,232 | 5,281 | 5,530 | 568.5 | 933.78 | 579.87 |
Total Operating Expenses | 75,994 | 69,540 | 49,517 | 25,048 | 12,453 | 14,148 |
Operating Income | 12,021 | 11,017 | 1,353 | 606.36 | -1,294 | -2,702 |
Interest Expense | - | - | - | - | - | -54.95 |
Earnings From Equity Investments | 44.45 | 405.97 | 3,041 | 675.96 | -2,235 | 501.43 |
Currency Exchange Gain (Loss) | -1,779 | -1,779 | 8,002 | 2,071 | 1,714 | 634.82 |
Other Non Operating Income (Expenses) | 4.28 | 4.28 | 311.76 | -75.82 | - | -261.84 |
EBT Excluding Unusual Items | 10,291 | 9,648 | 12,708 | 3,277 | -1,816 | -1,883 |
Gain (Loss) on Sale of Assets | - | - | 0.18 | - | - | 18.2 |
Asset Writedown | 1.51 | 1.51 | 0.93 | 4.81 | - | -247.71 |
Other Unusual Items | - | - | 1,102 | -1,065 | - | - |
Pretax Income | 10,293 | 9,650 | 13,811 | 2,217 | -1,816 | -2,112 |
Income Tax Expense | 1,290 | 2,134 | 1,900 | 398.11 | 151.96 | 470.39 |
Net Income | 9,003 | 7,515 | 11,911 | 1,819 | -1,968 | -2,583 |
Net Income to Common | 9,003 | 7,515 | 11,911 | 1,819 | -1,968 | -2,583 |
Net Income Growth | 23.48% | -36.90% | 554.81% | - | - | - |
Shares Outstanding (Basic) | 23,992 | 23,921 | 23,921 | 23,921 | 23,921 | 23,921 |
Shares Outstanding (Diluted) | 23,992 | 23,921 | 23,921 | 23,921 | 23,921 | 23,921 |
Shares Change | - | - | - | - | - | - |
EPS (Basic) | 0.38 | 0.31 | 0.50 | 0.08 | -0.08 | -0.11 |
EPS (Diluted) | 0.38 | 0.31 | 0.50 | 0.08 | -0.08 | -0.11 |
EPS Growth | 23.48% | -36.90% | 554.81% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 11,379 | 10,455 | 20,356 | 8,132 | -1,318 | -1,831 |
Free Cash Flow Per Share | 0.47 | 0.44 | 0.85 | 0.34 | -0.06 | -0.08 |
Operating Margin | 13.66% | 13.68% | 2.66% | 2.36% | -11.60% | -23.61% |
Profit Margin | 10.23% | 9.33% | 23.41% | 7.09% | -17.63% | -22.56% |
Free Cash Flow Margin | 12.93% | 12.98% | 40.02% | 31.70% | -11.81% | -15.99% |
EBITDA | 13,134 | 11,796 | 2,613 | 1,050 | -1,001 | -2,273 |
EBITDA Margin | 14.92% | 14.64% | 5.14% | 4.09% | -8.97% | -19.86% |
D&A For EBITDA | 1,113 | 779.05 | 1,260 | 443.32 | 293.89 | 429.17 |
EBIT | 12,021 | 11,017 | 1,353 | 606.36 | -1,294 | -2,702 |
EBIT Margin | 13.66% | 13.68% | 2.66% | 2.36% | -11.60% | -23.61% |
Effective Tax Rate | 12.53% | 22.12% | 13.76% | 17.96% | - | - |