PSX:ALAC Income Statement

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

Millions PKR. 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	2,604	1,693	1,254	1,078	600.42	281.37
Total Interest & Dividend Income	233.94	273.38	268.77	118.94	59.65	56.67
Gain (Loss) on Sale of Investments	108	93.73	7.96	-0.27	-0.85	2.15
Other Revenue	12.63	22.11	19.8	11.73	5.24	7.9
Total Revenue	2,959	2,082	1,551	1,208	664.46	348.1
Revenue Growth (YoY)	61.09%	34.28%	28.36%	81.82%	90.89%	17.86%
Policy Benefits	1,261	805.26	699.41	491.36	318.46	187.09
Policy Acquisition & Underwriting Costs	995.67	769.07	616.81	676.82	364.7	181.43
Selling, General & Administrative	537.62	454.44	370.46	288.03	207.48	193.21
Other Operating Expenses	46.07	35.24	22.97	26.6	16.21	26.76
Total Operating Expenses	2,841	2,064	1,710	1,483	906.84	588.49
Operating Income	118.32	18.33	-158.93	-274.66	-242.38	-240.4
EBT Excluding Unusual Items	118.32	18.33	-158.93	-274.66	-242.38	-240.4
Gain (Loss) on Sale of Assets	0.23	0.07	0.29	0.04	0.33	2.04
Pretax Income	118.54	18.4	-158.64	-274.62	-242.05	-238.35
Income Tax Expense	0.03	3.28	6.6	1.35	0.39	0.45
Net Income	118.51	15.12	-165.24	-275.97	-242.44	-238.8
Net Income to Common	118.51	15.12	-165.24	-275.97	-242.44	-238.8
Shares Outstanding (Basic)	151	150	150	150	150	114
Shares Outstanding (Diluted)	151	150	150	150	150	114
Shares Change (YoY)	-0.06%	-	-	-	31.34%	3.78%
EPS (Basic)	0.78	0.10	-1.10	-1.84	-1.61	-2.09
EPS (Diluted)	0.78	0.10	-1.10	-1.84	-1.61	-2.09
Free Cash Flow	601.64	357.53	-48.71	-45.05	-54.8	-192.51
Free Cash Flow Per Share	3.97	2.38	-0.32	-0.30	-0.36	-1.68
Operating Margin	4.00%	0.88%	-10.25%	-22.73%	-36.48%	-69.06%
Profit Margin	4.00%	0.73%	-10.66%	-22.84%	-36.49%	-68.60%
Free Cash Flow Margin	20.33%	17.17%	-3.14%	-3.73%	-8.25%	-55.30%
EBITDA	126.7	26.66	-147.5	-264.09	-230.49	-228.03
EBITDA Margin	4.28%	1.28%	-9.51%	-21.86%	-34.69%	-65.51%
D&A For EBITDA	8.39	8.33	11.43	10.57	11.89	12.37
EBIT	118.32	18.33	-158.93	-274.66	-242.38	-240.4
EBIT Margin	4.00%	0.88%	-10.25%	-22.73%	-36.48%	-69.06%
Effective Tax Rate	0.03%	17.82%	-	-	-	-
Revenue as Reported	2,959	2,082	1,551	1,208	664.79	350.14

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.