PEX:TIC 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	54.9	54.27	48.78	53.4	57.41	43.72
Total Interest & Dividend Income	4.28	4.06	2.72	1.56	-0.78	0.84
Gain (Loss) on Sale of Investments	0.03	0.05	-0.03	-0.04	0.03	0.39
Other Revenue	1.62	1.82	-	-	-	0.29
Total Revenue	60.82	60.2	51.47	54.92	56.66	45.24
Revenue Growth (YoY)	12.31%	16.96%	-6.28%	-3.08%	25.24%	15.13%
Policy Benefits	48.81	47.94	38.89	41.46	42.91	29.84
Policy Acquisition & Underwriting Costs	-	-	-	-	-	4.49
Depreciation & Amortization	-	-	0.91	0.86	0.85	-
Selling, General & Administrative	8.71	8.88	2.5	2.53	2.67	8.87
Provision for Bad Debts	-	-	-	-	-	0.51
Other Operating Expenses	-0.29	-0.17	-	-	-	1.38
Total Operating Expenses	59.12	58.47	48.37	50.74	49.69	43.7
Operating Income	1.7	1.73	3.1	4.18	6.97	1.54
Interest Expense	-	-	-	-	-0.05	-0.07
Currency Exchange Gain (Loss)	0.49	0.49	-0.16	-1.11	-3.78	1.25
Other Non Operating Income (Expenses)	0.07	0.02	0.03	0.09	0.12	0.02
EBT Excluding Unusual Items	2.26	2.23	2.97	3.16	3.25	2.75
Gain (Loss) on Sale of Assets	-0.2	0.01	-	-	-	0.02
Pretax Income	2.03	2.25	2.97	3.16	3.25	2.77
Income Tax Expense	0.35	0.5	1.24	1.13	0.99	0.75
Net Income	1.68	1.75	1.74	2.03	2.26	2.03
Net Income to Common	1.68	1.75	1.74	2.03	2.26	2.03
Net Income Growth	-3.42%	0.60%	-14.50%	-10.18%	11.57%	-8.62%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
Shares Change (YoY)	-3.21%	-0.73%	-	-	-	-
EPS (Basic)	0.16	0.16	0.16	0.18	0.21	0.18
EPS (Diluted)	0.16	0.16	0.16	0.18	0.21	0.18
EPS Growth	-0.21%	1.33%	-14.50%	-10.18%	11.57%	-8.62%
Free Cash Flow	2.1	2.58	-0.1	3.81	3.37	3.53
Free Cash Flow Per Share	0.19	0.24	-0.01	0.35	0.31	0.32
Dividend Per Share	-	-	0.150	0.150	0.136	0.136
Dividend Growth	-	-	-	9.97%	-	-
Operating Margin	2.80%	2.87%	6.02%	7.61%	12.30%	3.41%
Profit Margin	2.76%	2.90%	3.38%	3.70%	3.99%	4.48%
Free Cash Flow Margin	3.45%	4.29%	-0.19%	6.93%	5.94%	7.80%
EBITDA	2.41	2.44	3.69	4.79	7.61	2.16
EBITDA Margin	3.96%	4.06%	7.17%	8.72%	13.42%	4.77%
D&A For EBITDA	0.7	0.72	0.59	0.61	0.64	0.62
EBIT	1.7	1.73	3.1	4.18	6.97	1.54
EBIT Margin	2.80%	2.87%	6.02%	7.61%	12.30%	3.41%
Effective Tax Rate	17.35%	22.27%	41.56%	35.70%	30.45%	26.90%

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