PSX:RICL Income Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	596.6	546.5	460.69	360.47	303.13
Total Interest & Dividend Income	119.55	161.91	158.19	114.48	74.69
Gain (Loss) on Sale of Investments	447.62	267.23	109.23	-34.04	3.42
Total Revenue	1,164	975.64	728.11	440.91	381.25
Revenue Growth (YoY)	19.28%	33.99%	65.14%	15.65%	-7.44%
Policy Benefits	139.52	152.82	139.12	93.64	64.17
Policy Acquisition & Underwriting Costs	157.97	131.74	114.12	92.89	65.45
Depreciation & Amortization	6.77	5.15	4.56	4.29	3.17
Selling, General & Administrative	274.09	224.94	202.47	172.32	168.17
Other Operating Expenses	-31.73	-29.43	-37.42	-35.38	-23.55
Total Operating Expenses	612.01	543.32	476.51	372.52	317.02
Operating Income	551.76	432.31	251.6	68.39	64.23
Other Non Operating Income (Expenses)	-0.83	-0.65	-0.18	-1.34	3.02
EBT Excluding Unusual Items	550.93	431.67	251.42	67.05	67.25
Gain (Loss) on Sale of Assets	6.63	4.5	5.56	0.55	3.26
Pretax Income	557.56	436.17	256.99	67.6	70.51
Income Tax Expense	92.64	134.32	85.09	23.49	17.5
Net Income	464.92	301.85	171.9	44.11	53.01
Net Income to Common	464.92	301.85	171.9	44.11	53.01
Net Income Growth	54.02%	75.60%	289.71%	-16.79%	-22.61%
Shares Outstanding (Basic)	131	131	131	131	131
Shares Outstanding (Diluted)	131	131	131	131	131
EPS (Basic)	3.56	2.31	1.32	0.34	0.41
EPS (Diluted)	3.56	2.31	1.32	0.34	0.41
EPS Growth	54.02%	75.60%	289.71%	-16.79%	-22.61%
Free Cash Flow	-230.18	-159.36	-98.29	-69.79	-76.08
Free Cash Flow Per Share	-1.76	-1.22	-0.75	-0.53	-0.58
Dividend Per Share	-	-	0.509	0.243	0.231
Dividend Growth	-	-	109.97%	5.02%	-
Operating Margin	47.41%	44.31%	34.55%	15.51%	16.85%
Profit Margin	39.95%	30.94%	23.61%	10.00%	13.91%
Free Cash Flow Margin	-19.78%	-16.33%	-13.50%	-15.83%	-19.96%
EBITDA	571.09	447.03	264.62	80.64	74.79
EBITDA Margin	49.07%	45.82%	36.34%	18.29%	19.62%
D&A For EBITDA	19.33	14.71	13.01	12.25	10.56
EBIT	551.76	432.31	251.6	68.39	64.23
EBIT Margin	47.41%	44.31%	34.55%	15.51%	16.85%
Effective Tax Rate	16.61%	30.80%	33.11%	34.75%	24.82%

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