Crescent Star Insurance Income Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	99.7	239.92	257.29	117.51	94.9
Total Interest & Dividend Income	68.17	29.49	21.15	9.07	4.72
Other Revenue	22.15	3.15	22.84	66.14	50.21
Total Revenue	190.02	272.56	301.28	192.73	149.83
Revenue Growth (YoY)	-30.28%	-9.53%	56.32%	28.63%	-8.01%
Policy Benefits	-1.26	-3.02	129.91	4.03	9.83
Policy Acquisition & Underwriting Costs	6.93	21.42	18.13	-	4.42
Amortization of Goodwill & Intangibles	-	1.81	1.15	1.4	1.59
Depreciation & Amortization	0.91	1.67	4.19	7.85	10.07
Selling, General & Administrative	145.44	157.81	111.06	153.93	82.14
Other Operating Expenses	0.29	46.34	10.88	-3.18	1.72
Total Operating Expenses	153.88	230.72	276.53	164.03	109.75
Operating Income	36.14	41.84	24.75	28.7	40.08
Interest Expense	-	-	-	-	-0.09
Other Non Operating Income (Expenses)	-4.42	-1.86	-2.76	-2.71	-2.87
EBT Excluding Unusual Items	31.72	39.98	21.98	25.99	37.12
Gain (Loss) on Sale of Assets	-0.01	1.71	-0	-	1.14
Asset Writedown	-	-	-	-44.75	-
Pretax Income	31.7	41.69	21.98	-18.76	38.26
Income Tax Expense	15.07	7.99	-31.35	-2.15	5.89
Earnings From Continuing Ops.	16.64	33.7	53.33	-16.61	32.37
Minority Interest in Earnings	0.66	12.11	3.58	21.12	6.42
Net Income	17.29	45.81	56.92	4.51	38.79
Net Income to Common	17.29	45.81	56.92	4.51	38.79
Net Income Growth	-62.24%	-19.52%	1162.31%	-88.38%	-20.68%
Shares Outstanding (Basic)	108	108	108	108	108
Shares Outstanding (Diluted)	108	108	108	108	108
EPS (Basic)	0.16	0.43	0.53	0.04	0.36
EPS (Diluted)	0.16	0.43	0.53	0.04	0.36
EPS Growth	-62.24%	-19.52%	1162.34%	-88.38%	-20.68%
Free Cash Flow	-70.82	-32.06	143.16	-9.09	2.35
Free Cash Flow Per Share	-0.66	-0.30	1.33	-0.08	0.02
Operating Margin	19.02%	15.35%	8.21%	14.89%	26.75%
Profit Margin	9.10%	16.81%	18.89%	2.34%	25.89%
Free Cash Flow Margin	-37.27%	-11.76%	47.52%	-4.71%	1.57%
EBITDA	40.23	47.02	31.45	39.4	53.5
EBITDA Margin	21.17%	17.25%	10.44%	20.44%	35.71%
D&A For EBITDA	4.09	5.18	6.7	10.7	13.43
EBIT	36.14	41.84	24.75	28.7	40.08
EBIT Margin	19.02%	15.35%	8.21%	14.89%	26.75%
Effective Tax Rate	47.52%	19.17%	-	-	15.40%

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