The Universal Insurance Company Limited (PSX:UVIC)

PSX:UVIC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	44.14	17.73	45.6	74.31	75.21
Total Interest & Dividend Income	1.28	8.42	10.48	13.52	15
Gain (Loss) on Sale of Investments	26.93	-29.75	-3.63	2.38	-
Other Revenue	38.05	67.48	17.4	1.37	1.04
Total Revenue	110.39	63.88	69.84	91.59	91.24
Revenue Growth (YoY)	72.81%	-8.54%	-23.74%	0.38%	13.67%
Policy Benefits	-16.53	4.45	24.65	64.76	40.66
Policy Acquisition & Underwriting Costs	0.83	2.05	5.62	8.91	9.72
Selling, General & Administrative	76.52	81.08	97.61	163	90.55
Other Operating Expenses	4.94	0.73	1.15	0.46	0.08
Total Operating Expenses	65.76	88.31	129.03	237.13	141.01
Operating Income	44.63	-24.43	-59.19	-145.55	-49.77
Earnings From Equity Investments	-	10.28	-0	-8.24	86.64
Other Non Operating Income (Expenses)	-	0.23	1.33	-	3.76
EBT Excluding Unusual Items	44.63	-13.93	-57.86	-153.79	40.63
Gain (Loss) on Sale of Assets	-	3.25	4.41	0.07	-0
Asset Writedown	-	0.93	4.56	6.47	4.66
Pretax Income	44.63	-9.75	-48.88	-147.26	45.29
Income Tax Expense	4.43	-4.9	106.03	-36.24	4.85
Net Income	40.2	-4.85	-154.91	-111.02	40.44
Net Income to Common	40.2	-4.85	-154.91	-111.02	40.44
Shares Outstanding (Basic)	50	50	50	50	50
Shares Outstanding (Diluted)	50	50	50	50	50
Shares Change (YoY)	0.50%	-	-	-	-
EPS (Basic)	0.80	-0.10	-3.10	-2.22	0.81
EPS (Diluted)	0.80	-0.10	-3.10	-2.22	0.81
Free Cash Flow	35.61	-74.25	-133.1	-71.51	-34.53
Free Cash Flow Per Share	0.71	-1.49	-2.66	-1.43	-0.69
Operating Margin	40.43%	-38.25%	-84.74%	-158.92%	-54.54%
Profit Margin	36.42%	-7.58%	-221.80%	-121.22%	44.32%
Free Cash Flow Margin	32.25%	-116.24%	-190.56%	-78.08%	-37.84%
EBITDA	47.87	-21.35	-55.39	-142.51	-46.43
EBITDA Margin	43.36%	-33.43%	-79.30%	-155.61%	-50.89%
D&A For EBITDA	3.24	3.08	3.8	3.03	3.34
EBIT	44.63	-24.43	-59.19	-145.55	-49.77
EBIT Margin	40.43%	-38.25%	-84.74%	-158.92%	-54.54%
Effective Tax Rate	9.92%	-	-	-	10.71%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.