TPL Insurance Limited (PSX:TPLI)

TPL 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	3,786	3,422	3,076	2,970	2,398	2,163
Total Interest & Dividend Income	216.83	322.91	401.31	177.87	85.3	101.89
Gain (Loss) on Sale of Investments	68.27	65.91	44.15	-93	-6.63	13.1
Other Revenue	79.49	78.94	86.16	36.83	32.17	64.29
Total Revenue	4,151	3,890	3,607	3,092	2,508	2,342
Revenue Growth (YoY)	12.17%	7.83%	16.66%	23.27%	7.11%	2.34%
Policy Benefits	1,858	1,656	1,506	1,415	1,113	970.05
Policy Acquisition & Underwriting Costs	375.66	350.69	301.36	269.09	221.49	198.14
Selling, General & Administrative	1,514	1,382	1,428	1,113	912	862.98
Other Operating Expenses	296.38	327.21	252.82	224.05	195.94	196.73
Total Operating Expenses	4,044	3,716	3,489	3,021	2,487	2,252
Operating Income	106.86	173.68	118.34	70.99	21.55	89.93
Interest Expense	-20.65	-23.95	-19.69	-28.04	-24.56	-33.8
Currency Exchange Gain (Loss)	-	-	-	23.66	-	-
Other Non Operating Income (Expenses)	-5.03	-5.03	-5.02	-2.9	-2.23	-1.42
EBT Excluding Unusual Items	81.17	144.7	93.63	63.71	-5.23	54.7
Gain (Loss) on Sale of Assets	-	-	-	1.35	0.01	2.09
Other Unusual Items	-	-	1,079	-	-	22.71
Pretax Income	81.17	144.7	1,172	65.06	-5.22	79.51
Income Tax Expense	59.74	73.07	45.47	46.8	4.46	39.73
Net Income	21.42	71.63	1,127	18.26	-9.69	39.79
Net Income to Common	21.42	71.63	1,127	18.26	-9.69	39.79
Net Income Growth	-98.00%	-93.64%	6070.87%	-	-	30.39%
Shares Outstanding (Basic)	194	198	198	175	149	127
Shares Outstanding (Diluted)	194	198	198	175	149	127
Shares Change (YoY)	-1.76%	-	13.32%	17.25%	17.84%	-
EPS (Basic)	0.11	0.36	5.68	0.10	-0.06	0.31
EPS (Diluted)	0.11	0.36	5.68	0.10	-0.06	0.31
EPS Growth	-97.96%	-93.64%	5345.72%	-	-	30.39%
Free Cash Flow	280.87	184.62	-116.92	266.97	-179.86	479.08
Free Cash Flow Per Share	1.45	0.93	-0.59	1.52	-1.21	3.78
Dividend Per Share	-	-	3.000	-	-	-
Operating Margin	2.57%	4.46%	3.28%	2.30%	0.86%	3.84%
Profit Margin	0.52%	1.84%	31.24%	0.59%	-0.39%	1.70%
Free Cash Flow Margin	6.77%	4.75%	-3.24%	8.63%	-7.17%	20.46%
EBITDA	265.05	306.79	131.57	75.55	60.06	124.62
EBITDA Margin	6.39%	7.89%	3.65%	2.44%	2.39%	5.32%
D&A For EBITDA	158.19	133.11	13.23	4.56	38.5	34.69
EBIT	106.86	173.68	118.34	70.99	21.55	89.93
EBIT Margin	2.57%	4.46%	3.28%	2.30%	0.86%	3.84%
Effective Tax Rate	73.61%	50.50%	3.88%	71.93%	-	49.96%

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