PICIC Insurance Income Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Total Interest & Dividend Income	12.19	12.58	8.25	4.66	3.36	4.75
Other Revenue	-	-	-	0	-	0
Total Revenue	12.19	12.58	8.25	4.66	3.36	4.75
Revenue Growth (YoY)	1066.51%	52.54%	76.90%	38.79%	-29.31%	4.83%
Selling, General & Administrative	25.81	7.06	5.95	4.7	3.9	4.55
Other Operating Expenses	0.3	0.3	0.3	0.3	0.29	0.29
Total Operating Expenses	26.11	7.36	6.25	5	4.19	4.84
Operating Income	-13.92	5.22	2	-0.34	-0.83	-0.09
EBT Excluding Unusual Items	-13.92	5.22	2	-0.34	-0.83	-0.09
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.07
Pretax Income	-13.92	5.22	2	-0.34	-0.83	-0.01
Income Tax Expense	3.04	1.88	1.24	2.73	-	-
Net Income	-16.96	3.34	0.76	-3.07	-0.83	-0.01
Net Income to Common	-16.96	3.34	0.76	-3.07	-0.83	-0.01
Net Income Growth	-	337.79%	-	-	-	-
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35	35
EPS (Basic)	-0.48	0.10	0.02	-0.09	-0.02	-0.00
EPS (Diluted)	-0.48	0.10	0.02	-0.09	-0.02	-0.00
EPS Growth	-	337.80%	-	-	-	-
Free Cash Flow	3.04	-1.91	-1.24	-1.38	-0.64	-0.86
Free Cash Flow Per Share	0.09	-0.06	-0.04	-0.04	-0.02	-0.03
Operating Margin	-114.17%	41.48%	24.24%	-7.25%	-24.74%	-1.81%
Profit Margin	-139.10%	26.52%	9.24%	-65.83%	-24.74%	-0.25%
Free Cash Flow Margin	24.93%	-15.17%	-15.07%	-29.69%	-18.99%	-18.16%
EBITDA	-13.91	5.23	-	-	-0.82	-0.08
EBITDA Margin	-114.08%	41.53%	-	-	-24.44%	-1.60%
D&A For EBITDA	0.01	0.01	-	-	0.01	0.01
EBIT	-13.92	5.22	2	-0.34	-0.83	-0.09
EBIT Margin	-114.17%	41.48%	24.24%	-7.25%	-24.74%	-1.81%
Effective Tax Rate	-	36.07%	61.88%	-	-	-

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