IGI Life Insurance Limited (PSX:IGIL)

IGI Life 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	13,652	13,095	7,686	5,800	6,787	5,899
Total Interest & Dividend Income	3,441	3,555	2,506	1,587	1,332	1,644
Gain (Loss) on Sale of Investments	1,052	927.33	419.51	19.42	-72.27	217.75
Other Revenue	95.62	152.87	154.05	88.88	111.38	119.09
Total Revenue	18,240	17,730	10,765	7,496	8,158	7,881
Revenue Growth (YoY)	23.84%	64.70%	43.62%	-8.13%	3.52%	25.22%
Policy Benefits	14,839	14,565	7,963	5,023	5,635	5,533
Policy Acquisition & Underwriting Costs	1,650	1,578	1,566	1,536	2,015	1,616
Selling, General & Administrative	1,248	1,178	1,013	876.52	971.47	880.29
Other Operating Expenses	9.2	8.8	8.89	8.89	8.01	-22.93
Total Operating Expenses	17,746	17,331	10,551	7,444	8,630	8,006
Operating Income	493.62	399.1	214.18	51.69	-471.14	-125.59
Interest Expense	-8.13	-7.98	-10.88	-13.39	-11.43	-14.49
Other Non Operating Income (Expenses)	-	-	-	-5.84	-11.29	-
EBT Excluding Unusual Items	485.49	391.12	203.3	32.46	-493.85	-140.08
Gain (Loss) on Sale of Assets	10.99	10.99	21.57	27.71	1.62	4.09
Pretax Income	496.48	402.11	224.87	60.17	-492.24	-135.99
Income Tax Expense	153.97	123.2	82.17	18.14	-143.08	-40.26
Net Income	342.51	278.9	142.7	42.03	-349.16	-95.73
Net Income to Common	342.51	278.9	142.7	42.03	-349.16	-95.73
Net Income Growth	82.81%	95.45%	239.52%	-	-	-
Shares Outstanding (Basic)	171	171	171	171	171	171
Shares Outstanding (Diluted)	171	171	171	171	171	171
Shares Change (YoY)	-	-	-	-	-	24.27%
EPS (Basic)	2.01	1.64	0.84	0.25	-2.05	-0.56
EPS (Diluted)	2.01	1.64	0.84	0.25	-2.05	-0.56
EPS Growth	82.81%	95.45%	239.52%	-	-	-
Free Cash Flow	2,410	4,746	578.22	-2,145	-1,026	-329.34
Free Cash Flow Per Share	14.13	27.83	3.39	-12.58	-6.01	-1.93
Operating Margin	2.71%	2.25%	1.99%	0.69%	-5.78%	-1.59%
Profit Margin	1.88%	1.57%	1.33%	0.56%	-4.28%	-1.21%
Free Cash Flow Margin	13.21%	26.77%	5.37%	-28.62%	-12.57%	-4.18%
EBITDA	525.2	430.78	246.88	89.8	-429.46	-86.34
EBITDA Margin	2.88%	2.43%	2.29%	1.20%	-5.26%	-1.10%
D&A For EBITDA	31.58	31.69	32.7	38.11	41.67	39.25
EBIT	493.62	399.1	214.18	51.69	-471.14	-125.59
EBIT Margin	2.71%	2.25%	1.99%	0.69%	-5.78%	-1.59%
Effective Tax Rate	31.01%	30.64%	36.54%	30.15%	-	-
Revenue as Reported	18,251	17,741	10,787	7,523	8,160	7,917

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