PSX:RICL 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
Premiums & Annuity Revenue	586.19	546.5	460.69	360.47	303.13	319.48
Total Interest & Dividend Income	122.67	161.91	158.19	114.48	74.69	68.85
Gain (Loss) on Sale of Investments	495.69	267.23	109.23	-34.04	3.42	23.57
Total Revenue	1,205	975.64	728.11	440.91	381.25	411.9
Revenue Growth (YoY)	27.00%	33.99%	65.14%	15.65%	-7.44%	-8.13%
Policy Benefits	134.46	152.82	139.12	93.64	64.17	76.42
Policy Acquisition & Underwriting Costs	146.3	131.74	114.12	92.89	65.45	74.32
Depreciation & Amortization	5.15	5.15	4.56	4.29	3.17	3.61
Selling, General & Administrative	260.47	224.94	202.47	172.32	168.17	170.2
Other Operating Expenses	-18.15	-29.43	-37.42	-35.38	-23.55	-34.1
Total Operating Expenses	586.33	543.32	476.51	372.52	317.02	328.94
Operating Income	618.22	432.31	251.6	68.39	64.23	82.96
Other Non Operating Income (Expenses)	1.48	-0.65	-0.18	-1.34	3.02	-0.1
EBT Excluding Unusual Items	619.7	431.67	251.42	67.05	67.25	82.86
Gain (Loss) on Sale of Assets	4.5	4.5	5.56	0.55	3.26	0.72
Pretax Income	624.2	436.17	256.99	67.6	70.51	83.58
Income Tax Expense	216.44	134.32	85.09	23.49	17.5	15.08
Net Income	407.76	301.85	171.9	44.11	53.01	68.5
Net Income to Common	407.76	301.85	171.9	44.11	53.01	68.5
Net Income Growth	25.41%	75.60%	289.71%	-16.79%	-22.61%	-3.81%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
EPS (Basic)	4.06	3.00	1.71	0.44	0.53	0.68
EPS (Diluted)	4.06	3.00	1.71	0.44	0.53	0.68
EPS Growth	25.41%	75.60%	289.71%	-16.79%	-22.61%	-3.81%
Free Cash Flow	-220.82	-159.36	-98.29	-69.79	-76.08	-62.86
Free Cash Flow Per Share	-2.20	-1.59	-0.98	-0.69	-0.76	-0.63
Dividend Per Share	-	-	0.662	0.315	0.300	-
Dividend Growth	-	-	110.05%	4.96%	-	-
Operating Margin	51.32%	44.31%	34.55%	15.51%	16.85%	20.14%
Profit Margin	33.85%	30.94%	23.61%	10.00%	13.91%	16.63%
Free Cash Flow Margin	-18.33%	-16.33%	-13.50%	-15.83%	-19.96%	-15.26%
EBITDA	636.79	447.03	264.62	80.64	74.79	95
EBITDA Margin	52.87%	45.82%	36.34%	18.29%	19.62%	23.06%
D&A For EBITDA	18.58	14.71	13.01	12.25	10.56	12.04
EBIT	618.22	432.31	251.6	68.39	64.23	82.96
EBIT Margin	51.32%	44.31%	34.55%	15.51%	16.85%	20.14%
Effective Tax Rate	34.67%	30.80%	33.11%	34.75%	24.82%	18.05%

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