Crescent Star Insurance Limited (PSX:CSIL)

Crescent Star Insurance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	185.65	239.92	257.29	117.51	94.9	112.24
Total Interest & Dividend Income	24.55	29.97	21.15	9.07	4.72	2.07
Other Revenue	21.7	2.67	22.84	66.14	50.21	48.56
Total Revenue	231.9	272.56	301.28	192.73	149.83	162.87
Revenue Growth (YoY)	-27.64%	-9.53%	56.32%	28.63%	-8.01%	-9.07%
Policy Benefits	-2.29	-3.02	129.91	4.03	9.83	7.45
Policy Acquisition & Underwriting Costs	16.72	21.42	18.13	-	4.42	5.32
Amortization of Goodwill & Intangibles	1.81	1.81	1.15	1.4	1.59	1.35
Depreciation & Amortization	1.67	1.67	4.19	7.85	10.07	9.1
Selling, General & Administrative	157.78	156.1	111.06	153.93	82.14	80.17
Other Operating Expenses	45.85	46.34	10.88	-3.18	1.72	2.65
Total Operating Expenses	226.22	229	276.53	164.03	109.75	106.04
Operating Income	5.68	43.56	24.75	28.7	40.08	56.83
Interest Expense	-	-	-	-	-0.09	-0.58
Other Non Operating Income (Expenses)	-3.58	-3.58	-2.76	-2.71	-2.87	-2.48
EBT Excluding Unusual Items	2.1	39.98	21.98	25.99	37.12	53.77
Gain (Loss) on Sale of Assets	1.71	1.71	-0	-	1.14	-
Asset Writedown	-	-	-	-44.75	-	-
Pretax Income	3.81	41.69	21.98	-18.76	38.26	53.77
Income Tax Expense	12.48	7.99	-31.35	-2.15	5.89	10.07
Earnings From Continuing Ops.	-8.67	33.7	53.33	-16.61	32.37	43.7
Minority Interest in Earnings	11.9	12.11	3.58	21.12	6.42	5.22
Net Income	3.23	45.81	56.92	4.51	38.79	48.91
Net Income to Common	3.23	45.81	56.92	4.51	38.79	48.91
Net Income Growth	-95.34%	-19.52%	1162.31%	-88.38%	-20.68%	59.00%
Shares Outstanding (Basic)	108	108	108	108	108	108
Shares Outstanding (Diluted)	108	108	108	108	108	108
EPS (Basic)	0.03	0.43	0.53	0.04	0.36	0.45
EPS (Diluted)	0.03	0.43	0.53	0.04	0.36	0.45
EPS Growth	-95.35%	-19.52%	1162.34%	-88.38%	-20.68%	59.00%
Free Cash Flow	-33.55	-32.06	143.16	-9.09	2.35	11.12
Free Cash Flow Per Share	-0.31	-0.30	1.33	-0.08	0.02	0.10
Operating Margin	2.45%	15.98%	8.21%	14.89%	26.75%	34.89%
Profit Margin	1.39%	16.81%	18.89%	2.34%	25.89%	30.03%
Free Cash Flow Margin	-14.47%	-11.76%	47.52%	-4.71%	1.57%	6.83%
EBITDA	10.32	48.73	31.45	39.4	53.5	69.93
EBITDA Margin	4.45%	17.88%	10.44%	20.44%	35.71%	42.94%
D&A For EBITDA	4.64	5.17	6.7	10.7	13.43	13.1
EBIT	5.68	43.56	24.75	28.7	40.08	56.83
EBIT Margin	2.45%	15.98%	8.21%	14.89%	26.75%	34.89%
Effective Tax Rate	327.35%	19.17%	-	-	15.40%	18.73%

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