Pekin Life Insurance Company (PKIN)

PKIN Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	185.97	188.68	198.75	197.33	186.8
Total Interest & Dividend Income	71.59	69.69	64.43	61.73	61.21
Total Revenue	257.56	258.37	263.18	259.05	248.02
Revenue Growth (YoY)	-0.31%	-1.83%	1.59%	4.45%	0.45%
Policy Benefits	195.79	203.44	208.29	203	190.9
Policy Acquisition & Underwriting Costs	15.13	16.6	24.09	24.13	21.29
Selling, General & Administrative	31.18	32.23	32.59	31.96	29.95
Other Operating Expenses	4.35	3.84	3.99	3.1	2.97
Total Operating Expenses	246.44	256.1	268.95	262.18	245.12
Operating Income	11.12	2.27	-5.77	-3.12	2.9
EBT Excluding Unusual Items	11.12	2.27	-5.77	-3.12	2.9
Gain (Loss) on Sale of Investments	2.12	1.06	0.87	1.53	-0.58
Pretax Income	13.24	3.33	-4.9	-1.59	2.32
Income Tax Expense	4.63	1.4	-0.16	2.18	1.13
Net Income	8.61	1.93	-4.74	-3.77	1.19
Net Income to Common	8.61	1.93	-4.74	-3.77	1.19
Net Income Growth	346.99%	-	-	-	-18.59%
Shares Outstanding (Basic)	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17
EPS (Basic)	0.50	0.11	-0.28	-0.22	0.07
EPS (Diluted)	0.50	0.11	-0.28	-0.22	0.07
EPS Growth	346.99%	-	-	-	-18.59%
Dividend Per Share	-	-	-	0.020	0.010
Dividend Growth	-	-	-	100.00%	-
Operating Margin	4.32%	0.88%	-2.19%	-1.21%	1.17%
Profit Margin	3.35%	0.75%	-1.80%	-1.46%	0.48%
EBIT	11.12	2.27	-5.77	-3.12	2.9
EBIT Margin	4.32%	0.88%	-2.19%	-1.21%	1.17%
Effective Tax Rate	34.94%	42.12%	-	-	48.80%
Revenue as Reported	257.56	258.37	263.18	259.05	248.02

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.