PEX:PICO Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	37.25	47.82	56.32	55.4	44.18	30.1
Total Interest & Dividend Income	-0.01	0.31	0.53	1.54	0.03	0.02
Other Revenue	0.08	0.08	0.25	-0	0.48	0.32
Total Revenue	37.32	48.2	57.09	56.94	44.69	30.44
Revenue Growth (YoY)	-37.33%	-15.57%	0.27%	27.40%	46.84%	40.52%
Policy Benefits	34.18	44.37	54.35	51.8	26.92	18.25
Policy Acquisition & Underwriting Costs	-	-	-	-	5.19	3.55
Selling, General & Administrative	0.73	0.75	0.92	0.53	6.04	4.96
Provision for Bad Debts	-	-	-	-	-	1.15
Other Operating Expenses	-	-	-	-	0.8	0.49
Total Operating Expenses	34.91	45.12	55.27	52.34	38.95	28.4
Operating Income	2.4	3.09	1.83	4.6	5.74	2.03
Interest Expense	-	-	-	-	-0.15	-0.08
Currency Exchange Gain (Loss)	-0.5	0.13	0.01	0.9	-0.51	-0.52
EBT Excluding Unusual Items	1.9	3.22	1.84	5.5	5.08	1.44
Asset Writedown	-	-	-	-	-2.26	-
Pretax Income	1.9	3.22	1.84	5.5	2.82	1.44
Income Tax Expense	0.66	0.77	1.45	1.85	0.21	0.25
Net Income	1.24	2.45	0.39	3.65	2.61	1.19
Net Income to Common	1.24	2.45	0.39	3.65	2.61	1.19
Net Income Growth	1.15%	525.96%	-89.26%	40.14%	119.01%	146.04%
Shares Outstanding (Basic)	10	9	10	9	8	9
Shares Outstanding (Diluted)	10	9	10	9	8	9
Shares Change (YoY)	0.05%	-7.29%	13.68%	4.54%	-8.33%	-
EPS (Basic)	0.13	0.27	0.04	0.42	0.32	0.13
EPS (Diluted)	0.13	0.27	0.04	0.42	0.31	0.13
EPS Growth	1.10%	575.19%	-90.55%	36.58%	134.49%	146.04%
Free Cash Flow	1.21	2.61	1.6	0.76	-0.33	0.12
Free Cash Flow Per Share	0.12	0.29	0.16	0.09	-0.04	0.01
Dividend Per Share	0.044	0.044	-	0.213	0.234	-
Dividend Growth	-	-	-	-9.30%	-	-
Operating Margin	6.44%	6.41%	3.20%	8.08%	12.85%	6.68%
Profit Margin	3.33%	5.09%	0.69%	6.41%	5.83%	3.91%
Free Cash Flow Margin	3.25%	5.41%	2.81%	1.34%	-0.74%	0.39%
EBITDA	2.92	3.59	2.46	4.96	6.04	2.26
EBITDA Margin	7.82%	7.44%	4.31%	8.71%	13.53%	7.42%
D&A For EBITDA	0.51	0.5	0.63	0.36	0.3	0.23
EBIT	2.4	3.09	1.83	4.6	5.74	2.03
EBIT Margin	6.44%	6.41%	3.20%	8.08%	12.85%	6.68%
Effective Tax Rate	34.71%	23.85%	78.68%	33.62%	7.46%	17.33%

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