KCLI Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	312.1	314.15	321.17	333.6	332.65	330.67
Total Interest & Dividend Income	162.52	162.19	164.62	157.64	153.88	142.47
Gain (Loss) on Sale of Investments	4.69	3.2	-0.68	62.05	-16.64	25.42
Other Revenue	5.96	5.9	5.7	5.47	6.75	12.76
Total Revenue	485.27	485.45	490.8	558.77	476.64	511.31
Revenue Growth (YoY)	0.79%	-1.09%	-12.16%	17.23%	-6.78%	-2.40%
Policy Benefits	321.41	324.8	331.71	344.85	331.37	360.61
Policy Acquisition & Underwriting Costs	35.46	35.27	37.25	44.39	40.59	33.22
Selling, General & Administrative	156.9	157.36	134	116.1	125.43	104.56
Total Operating Expenses	513.77	517.43	502.96	505.34	497.4	498.39
Operating Income	-28.5	-31.98	-12.16	53.43	-20.76	12.92
Pretax Income	-28.5	-31.98	-12.16	53.43	-20.76	12.92
Income Tax Expense	-13.15	-11.22	-2.59	11.05	-4.54	2.22
Net Income	-15.35	-20.76	-9.57	42.37	-16.22	10.7
Net Income to Common	-15.35	-20.76	-9.57	42.37	-16.22	10.7
Net Income Growth	-	-	-	-	-	-29.44%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
EPS (Basic)	-1.59	-2.14	-0.99	4.38	-1.67	1.11
EPS (Diluted)	-1.59	-2.14	-0.99	4.38	-1.67	1.11
EPS Growth	-	-	-	-	-	-29.44%
Free Cash Flow	-115.58	-130.81	-59.68	-51.45	-54.87	-46.95
Free Cash Flow Per Share	-11.94	-13.51	-6.16	-5.31	-5.67	-4.85
Dividend Per Share	0.640	0.600	0.560	0.560	0.690	1.080
Dividend Growth	14.29%	7.14%	-	-18.84%	-36.11%	-
Operating Margin	-5.87%	-6.59%	-2.48%	9.56%	-4.35%	2.53%
Profit Margin	-3.16%	-4.28%	-1.95%	7.58%	-3.40%	2.09%
Free Cash Flow Margin	-23.82%	-26.95%	-12.16%	-9.21%	-11.51%	-9.18%
EBITDA	-24.48	-28.02	-7.93	59.43	-14.17	20.89
EBITDA Margin	-5.04%	-5.77%	-1.62%	10.64%	-2.97%	4.08%
D&A For EBITDA	4.01	3.96	4.23	6.01	6.59	7.97
EBIT	-28.5	-31.98	-12.16	53.43	-20.76	12.92
EBIT Margin	-5.87%	-6.59%	-2.48%	9.56%	-4.35%	2.53%
Effective Tax Rate	-	-	-	20.69%	-	17.15%
Revenue as Reported	485.27	485.45	490.8	558.77	476.64	511.31

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.