Trust International Insurance Co. P.L.C (PEX:TRUST)

PEX:TRUST Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	91.12	94.35	100.03	120.26	89.63	83.38
Total Interest & Dividend Income	4.03	1	-0.02	0.33	1.51	0.71
Gain (Loss) on Sale of Investments	-0.01	-0.03	-0.03	0.03	1.13	0.38
Other Revenue	4.18	3.05	4.77	2.49	2.38	1.88
Total Revenue	99.33	98.37	104.74	123.1	94.64	86.35
Revenue Growth (YoY)	14.99%	-6.08%	-14.91%	30.07%	9.60%	-3.95%
Policy Benefits	70.14	63.15	63.78	114.48	59.45	54.64
Policy Acquisition & Underwriting Costs	13.75	13.75	34.31	-	8.8	7.26
Selling, General & Administrative	1.71	4.48	6.03	2.29	21.75	19.1
Provision for Bad Debts	-	-	-	-	2.35	2.11
Other Operating Expenses	10.47	10.47	-6.1	-	-	-
Total Operating Expenses	96.07	91.84	98.01	116.76	92.35	83.11
Operating Income	3.26	6.53	6.73	6.34	2.3	3.24
Interest Expense	-	-	-	-0.38	-0.54	-0.53
Currency Exchange Gain (Loss)	1.78	-0.9	-1.29	-0.17	1.8	3.29
Other Non Operating Income (Expenses)	-	-	-	0	-	-
EBT Excluding Unusual Items	5.03	5.63	5.44	5.8	3.55	6.01
Gain (Loss) on Sale of Assets	-	-	-	0.14	0.13	0.05
Asset Writedown	-	-	-	-	0.29	0.15
Pretax Income	5.03	5.63	5.44	5.94	3.97	6.21
Income Tax Expense	1.89	2.37	1.91	2.35	1.4	2.06
Earnings From Continuing Ops.	3.15	3.26	3.53	3.59	2.56	4.15
Minority Interest in Earnings	-0.52	-0.65	-0.76	-0.85	-0.76	-0.83
Net Income	2.62	2.61	2.77	2.74	1.8	3.32
Net Income to Common	2.62	2.61	2.77	2.74	1.8	3.32
Net Income Growth	21.14%	-5.73%	0.85%	52.17%	-45.65%	14.81%
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17	17
EPS (Basic)	0.16	0.16	0.17	0.17	0.11	0.20
EPS (Diluted)	0.16	0.16	0.17	0.17	0.11	0.20
EPS Growth	21.14%	-5.73%	0.85%	52.17%	-45.65%	14.81%
Free Cash Flow	2.56	0.45	5.04	3.92	2.59	-1.35
Free Cash Flow Per Share	0.15	0.03	0.30	0.24	0.16	-0.08
Dividend Per Share	0.100	0.100	0.100	0.182	0.091	0.091
Dividend Growth	-	-	-44.99%	100.00%	-	99.78%
Operating Margin	3.28%	6.63%	6.42%	5.15%	2.43%	3.76%
Profit Margin	2.64%	2.65%	2.64%	2.23%	1.91%	3.84%
Free Cash Flow Margin	2.58%	0.46%	4.81%	3.18%	2.74%	-1.56%
EBITDA	4.52	7.81	8.1	7.76	3.64	4.61
EBITDA Margin	4.55%	7.94%	7.74%	6.30%	3.84%	5.33%
D&A For EBITDA	1.26	1.29	1.37	1.42	1.34	1.36
EBIT	3.26	6.53	6.73	6.34	2.3	3.24
EBIT Margin	3.28%	6.63%	6.42%	5.15%	2.43%	3.76%
Effective Tax Rate	37.48%	42.09%	35.14%	39.52%	35.35%	33.16%

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