QLM Life & Medical Insurance Company Q.P.S.C. (QSE:QLMI)

QSE:QLMI Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,243	1,223	1,124	1,212	813.19	966.3
Total Interest & Dividend Income	72.31	71.58	65.65	45.96	30.03	36.5
Gain (Loss) on Sale of Investments	3.37	3.37	5.27	1.9	10.16	9.49
Total Revenue	1,319	1,298	1,195	1,260	853.38	1,012
Revenue Growth (YoY)	7.16%	8.65%	-5.22%	47.69%	-15.70%	7.91%
Policy Benefits	1,219	1,195	1,079	1,160	666.69	852.12
Policy Acquisition & Underwriting Costs	-	-	-	-	27.25	11.77
Depreciation & Amortization	1.63	1.67	1.12	0.83	1	0.85
Selling, General & Administrative	20	19.8	18.98	18.59	49.75	45.75
Total Operating Expenses	1,241	1,216	1,100	1,180	744.7	910.48
Operating Income	77.67	81.77	94.97	80.69	108.68	101.8
Interest Expense	-15.85	-16.18	-18.3	-9.04	-2.37	-4.76
Pretax Income	63.35	65.6	76.67	71.64	106.32	97.04
Income Tax Expense	0.54	0.55	0.39	-1.6	0.15	-1.01
Net Income	62.81	65.05	76.28	73.24	106.17	98.05
Net Income to Common	62.81	65.05	76.28	73.24	106.17	98.05
Net Income Growth	-14.76%	-14.72%	4.15%	-31.02%	8.29%	12.86%
Shares Outstanding (Basic)	350	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350	350
EPS (Basic)	0.18	0.19	0.22	0.21	0.30	0.28
EPS (Diluted)	0.18	0.19	0.22	0.21	0.30	0.28
EPS Growth	-14.76%	-14.72%	4.15%	-31.02%	8.29%	12.86%
Free Cash Flow	230.32	16.4	40.16	24.29	67.93	73.94
Free Cash Flow Per Share	0.66	0.05	0.12	0.07	0.19	0.21
Dividend Per Share	0.100	0.100	0.125	0.125	0.220	-
Dividend Growth	-20.00%	-20.00%	-	-43.18%	-	-
Operating Margin	5.89%	6.30%	7.95%	6.40%	12.74%	10.06%
Profit Margin	4.76%	5.01%	6.39%	5.81%	12.44%	9.69%
Free Cash Flow Margin	17.46%	1.26%	3.36%	1.93%	7.96%	7.30%
EBITDA	79.3	83.44	96.09	81.52	109.68	102.65
EBITDA Margin	6.01%	6.43%	8.04%	6.47%	12.85%	10.14%
D&A For EBITDA	1.63	1.67	1.12	0.83	1	0.85
EBIT	77.67	81.77	94.97	80.69	108.68	101.8
EBIT Margin	5.89%	6.30%	7.95%	6.40%	12.74%	10.06%
Effective Tax Rate	0.85%	0.83%	0.51%	-	0.14%	-

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