United Overseas Insurance Limited (SGX:U13)

United Overseas Insurance Income Statement

Financials in millions SGD. 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	119.71	113.51	94.45	94.88	40.94	41.42
Total Interest & Dividend Income	20.55	17.4	16.09	13.19	12.76	13.7
Gain (Loss) on Sale of Investments	-2.14	0.5	1.16	-8.57	-1.32	-0.04
Other Revenue	3.62	-6.91	0.32	-9.57	0.38	-1.99
Total Revenue	141.74	124.5	112.01	89.92	52.76	53.09
Revenue Growth (YoY)	23.46%	11.15%	24.56%	70.44%	-0.63%	-23.29%
Policy Benefits	102.48	93.56	71.46	48.41	11.79	11.66
Policy Acquisition & Underwriting Costs	-	-	-	-	18	17.96
Depreciation & Amortization	0.28	0.28	0.28	0.27	1.9	1.81
Selling, General & Administrative	1.13	1.3	1.32	1.33	1.44	1.33
Other Operating Expenses	2.03	1.83	2.75	1.47	5.42	5.41
Reinsurance Income or Expense	-0.6	-	-	-22.51	24.25	23.83
Total Operating Expenses	106.52	96.96	75.81	73.98	23.44	21.99
Operating Income	35.23	27.54	36.2	15.94	29.32	31.1
Interest Expense	-	-	-	-0.83	-	-
Currency Exchange Gain (Loss)	-7.05	6.39	-2.99	5.64	0.67	0.55
EBT Excluding Unusual Items	28.21	33.93	33.21	20.76	30	31.65
Gain (Loss) on Sale of Assets	-	-	-	-	-0.02	-
Asset Writedown	-	-	-	3.22	2.79	-2.15
Pretax Income	28.21	33.93	33.21	23.98	32.77	29.51
Income Tax Expense	3.96	4.13	3.95	5.05	6.18	5.4
Net Income	24.25	29.8	29.26	18.93	26.59	24.1
Net Income to Common	24.25	29.8	29.26	18.93	26.59	24.1
Net Income Growth	-23.03%	1.85%	54.55%	-28.79%	10.30%	-40.33%
Shares Outstanding (Basic)	61	61	61	61	61	61
Shares Outstanding (Diluted)	61	61	61	61	61	61
EPS (Basic)	0.40	0.49	0.48	0.31	0.43	0.39
EPS (Diluted)	0.40	0.49	0.48	0.31	0.43	0.39
EPS Growth	-23.03%	1.85%	54.55%	-28.79%	10.30%	-40.33%
Free Cash Flow	12.17	3.95	21.37	5.02	4	-0.31
Free Cash Flow Per Share	0.20	0.07	0.35	0.08	0.07	-0.01
Dividend Per Share	0.155	0.170	0.170	0.170	0.170	0.170
Dividend Growth	-8.82%	-	-	-	-	-
Operating Margin	24.85%	22.12%	32.32%	17.73%	55.58%	58.58%
Profit Margin	17.11%	23.94%	26.13%	21.06%	50.40%	45.40%
Free Cash Flow Margin	8.59%	3.17%	19.07%	5.59%	7.57%	-0.57%
EBITDA	36.92	29.13	37.67	17.16	30.02	31.58
EBITDA Margin	26.05%	23.40%	33.63%	19.09%	56.90%	59.49%
D&A For EBITDA	1.69	1.6	1.47	1.22	0.7	0.48
EBIT	35.23	27.54	36.2	15.94	29.32	31.1
EBIT Margin	24.85%	22.12%	32.32%	17.73%	55.58%	58.58%
Effective Tax Rate	14.03%	12.16%	11.89%	21.04%	18.85%	18.31%

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