PICIC Insurance Limited (PSX: PIL)

PICIC Insurance Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total Interest & Dividend Income	8.25	8.25	4.66	3.36	4.75	4.52
Other Revenue	-	-	0	-	0	0.02
Total Revenue	8.25	8.25	4.66	3.36	4.75	4.53
Revenue Growth (YoY)	76.90%	76.90%	38.79%	-29.31%	4.83%	88.56%
Selling, General & Administrative	5.95	5.95	4.7	3.9	4.55	6.24
Other Operating Expenses	0.52	0.3	0.3	0.29	0.29	-
Total Operating Expenses	6.46	6.25	5	4.19	4.84	6.24
Operating Income	1.78	2	-0.34	-0.83	-0.09	-1.71
EBT Excluding Unusual Items	1.78	2	-0.34	-0.83	-0.09	-1.71
Gain (Loss) on Sale of Assets	-	-	-	-	0.07	0.01
Pretax Income	1.78	2	-0.34	-0.83	-0.01	-1.71
Income Tax Expense	1.24	1.24	2.73	-	-	0.47
Net Income	0.55	0.76	-3.07	-0.83	-0.01	-2.18
Net Income to Common	0.55	0.76	-3.07	-0.83	-0.01	-2.18
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35	35
EPS (Basic)	0.02	0.02	-0.09	-0.02	-0.00	-0.06
EPS (Diluted)	0.02	0.02	-0.09	-0.02	-0.00	-0.06
Free Cash Flow	-0.07	-1.24	-1.38	-0.64	-0.86	-0.71
Free Cash Flow Per Share	-0.00	-0.04	-0.04	-0.02	-0.02	-0.02
Operating Margin	21.62%	24.24%	-7.25%	-24.74%	-1.81%	-37.75%
Profit Margin	6.62%	9.24%	-65.83%	-24.74%	-0.25%	-47.98%
Free Cash Flow Margin	-0.87%	-15.07%	-29.69%	-18.99%	-18.16%	-15.71%
EBITDA	-	-	-	-0.82	-0.08	-1.69
EBITDA Margin	-	-	-	-24.44%	-1.60%	-37.26%
D&A For EBITDA	-	-	-	0.01	0.01	0.02
EBIT	1.78	2	-0.34	-0.83	-0.09	-1.71
EBIT Margin	21.62%	24.24%	-7.25%	-24.74%	-1.81%	-37.75%
Effective Tax Rate	69.38%	61.88%	-	-	-	-

Source: S&P Capital IQ. Insurance template. Financial Sources.