PSX:ALAC Income Statement

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

Millions PKR. 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	3,379	2,888	1,693	1,254	1,078	600.42
Total Interest & Dividend Income	238.89	232.19	273.38	268.77	118.94	59.65
Gain (Loss) on Sale of Investments	50.37	101.72	93.73	7.96	-0.27	-0.85
Other Revenue	14.41	12.5	22.11	19.8	11.73	5.24
Total Revenue	3,683	3,235	2,082	1,551	1,208	664.46
Revenue Growth (YoY)	53.04%	55.34%	34.28%	28.36%	81.82%	90.89%
Policy Benefits	1,695	1,455	805.26	699.41	491.36	318.46
Policy Acquisition & Underwriting Costs	1,208	1,053	769.07	616.81	676.82	364.7
Selling, General & Administrative	596.08	557.28	454.44	370.46	288.03	207.48
Other Operating Expenses	44.79	46.06	35.38	22.97	26.6	16.21
Total Operating Expenses	3,544	3,112	2,064	1,710	1,483	906.84
Operating Income	138.27	123.15	18.19	-158.93	-274.66	-242.38
EBT Excluding Unusual Items	138.27	123.15	18.19	-158.93	-274.66	-242.38
Gain (Loss) on Sale of Assets	0.79	0.79	0.07	0.29	0.04	0.33
Pretax Income	139.06	123.94	18.26	-158.64	-274.62	-242.05
Income Tax Expense	-2.01	-2.03	3.14	6.6	1.35	0.39
Net Income	141.08	125.97	15.12	-165.24	-275.97	-242.44
Net Income to Common	141.08	125.97	15.12	-165.24	-275.97	-242.44
Net Income Growth	100.18%	732.94%	-	-	-	-
Shares Outstanding (Basic)	160	150	150	150	150	150
Shares Outstanding (Diluted)	160	150	150	150	150	150
Shares Change (YoY)	12.74%	-	-	-	-	31.34%
EPS (Basic)	0.88	0.84	0.10	-1.10	-1.84	-1.61
EPS (Diluted)	0.88	0.84	0.10	-1.10	-1.84	-1.61
EPS Growth	77.55%	732.95%	-	-	-	-
Free Cash Flow	809.02	852.37	357.53	-48.71	-45.05	-54.8
Free Cash Flow Per Share	5.06	5.68	2.38	-0.32	-0.30	-0.36
Operating Margin	3.75%	3.81%	0.87%	-10.25%	-22.73%	-36.48%
Profit Margin	3.83%	3.89%	0.73%	-10.66%	-22.84%	-36.49%
Free Cash Flow Margin	21.97%	26.35%	17.17%	-3.14%	-3.73%	-8.25%
EBITDA	148.28	132.19	26.52	-147.5	-264.09	-230.49
EBITDA Margin	4.03%	4.09%	1.27%	-9.51%	-21.86%	-34.69%
D&A For EBITDA	10	9.04	8.33	11.43	10.57	11.89
EBIT	138.27	123.15	18.19	-158.93	-274.66	-242.38
EBIT Margin	3.75%	3.81%	0.87%	-10.25%	-22.73%	-36.48%
Effective Tax Rate	-	-	17.19%	-	-	-
Revenue as Reported	3,683	3,236	2,082	1,551	1,208	664.79

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