IGI Holdings Limited (PSX:IGIHL)

IGI Holdings 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	18,841	17,952	12,151	9,200	9,538	8,277
Total Interest & Dividend Income	5,191	4,988	4,258	3,563	2,728	2,636
Gain (Loss) on Sale of Investments	1,151	1,274	460.79	-28.37	-135.16	248.59
Other Revenue	1,627	1,728	1,463	799.98	727.03	641.72
Total Revenue	26,810	25,942	18,333	13,534	12,857	11,803
Revenue Growth (YoY)	18.57%	41.50%	35.46%	5.26%	8.93%	14.90%
Policy Benefits	10,641	7,800	6,300	7,329	6,411	5,391
Policy Acquisition & Underwriting Costs	2,413	2,279	2,476	1,880	2,223	1,806
Selling, General & Administrative	764.99	745.18	497.39	403.53	411.71	438.45
Other Operating Expenses	10,408	12,579	6,882	1,638	2,476	2,818
Total Operating Expenses	24,253	23,428	16,155	11,250	11,521	10,453
Operating Income	2,557	2,515	2,178	2,284	1,336	1,350
Interest Expense	-	-	-	-435.84	-317.63	-429.25
Earnings From Equity Investments	-1,431	-758.15	3,322	2,082	2,110	1,283
EBT Excluding Unusual Items	1,126	1,756	5,500	3,930	3,128	2,204
Gain (Loss) on Sale of Assets	71.82	84.35	62	57.27	31.29	18.46
Pretax Income	1,198	1,841	5,562	3,987	3,159	2,222
Income Tax Expense	1,020	1,097	1,651	1,108	569.74	501.6
Earnings From Continuing Ops.	178.05	744.24	3,912	2,879	2,590	1,721
Minority Interest in Earnings	-59.28	-48.27	-24.7	-7.27	60.43	16.57
Net Income	118.78	695.98	3,887	2,872	2,650	1,737
Net Income to Common	118.78	695.98	3,887	2,872	2,650	1,737
Net Income Growth	-95.85%	-82.09%	35.33%	8.38%	52.54%	153.88%
Shares Outstanding (Basic)	143	143	143	143	143	143
Shares Outstanding (Diluted)	143	143	143	143	143	143
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	0.83	4.88	27.25	20.14	18.58	12.18
EPS (Diluted)	0.83	4.88	27.25	20.14	18.58	12.18
EPS Growth	-95.85%	-82.09%	35.33%	8.38%	52.54%	153.88%
Free Cash Flow	7,540	3,324	3,451	-3,106	-1,730	-2,112
Free Cash Flow Per Share	52.87	23.30	24.19	-21.78	-12.13	-14.81
Dividend Per Share	6.500	6.000	6.000	4.250	5.500	5.000
Dividend Growth	-18.75%	-	41.18%	-22.73%	10.00%	66.67%
Operating Margin	9.54%	9.69%	11.88%	16.87%	10.39%	11.44%
Profit Margin	0.44%	2.68%	21.20%	21.22%	20.61%	14.72%
Free Cash Flow Margin	28.13%	12.81%	18.82%	-22.95%	-13.46%	-17.90%
EBITDA	2,812	2,682	2,313	2,418	1,469	1,457
EBITDA Margin	10.49%	10.34%	12.62%	17.87%	11.43%	12.34%
D&A For EBITDA	255.12	167.32	134.75	134.44	133.42	106.69
EBIT	2,557	2,515	2,178	2,284	1,336	1,350
EBIT Margin	9.54%	9.69%	11.88%	16.87%	10.39%	11.44%
Effective Tax Rate	85.14%	59.57%	29.67%	27.78%	18.03%	22.57%

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