Definity Financial Income Statement

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

Millions CAD. 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
Net Premiums Earned	4,677	4,258	3,850	3,486	2,842
Investment Income	215.7	198.2	179.5	133.1	96.8
Net Gains on Investments	154.4	214.4	151.8	-446.1	-20.8
Total Other Revenues	229.4	186	127.4	19.9	-
Revenue	5,277	4,857	4,309	3,193	2,918
Revenue Growth (YoY)	8.64%	12.72%	34.97%	9.42%	8.21%
Operating Income	5,277	4,857	4,309	3,193	2,918
Interest Expense	-22.9	-9.6	-5.3	-0.6	-
Total Non-Operating Income (Expense)	-22.9	-9.6	-5.3	-0.6	-
Pretax Income	5,254	4,847	4,304	3,192	2,918
Provision for Income Taxes	151.8	143.8	112.7	2.3	68
Net Income	418.2	430.4	350.1	110.9	213.2
Minority Interest in Earnings	7.8	4.5	4.4	0.6	-
Net Income to Common	418.2	430.4	350.1	110.9	213.2
Net Income Growth	-2.83%	22.94%	215.69%	-47.98%	38.53%
Shares Outstanding (Basic)	117	115	115	115	105
Shares Outstanding (Diluted)	119	117	117	117	105
Shares Change (YoY)	2.23%	-0.09%	-0.26%	10.91%	1.35%
EPS (Basic)	3.57	3.75	3.04	0.96	2.03
EPS (Diluted)	3.51	3.69	3.00	0.95	2.02
EPS Growth	-4.88%	23.00%	215.79%	-52.97%	36.49%
Free Cash Flow	512.6	307.2	351.8	305.8	655.2
Free Cash Flow Growth	66.86%	-12.68%	15.04%	-53.33%	33.66%
Free Cash Flow Per Share	4.30	2.64	3.02	2.62	6.22
Dividends Per Share	0.750	0.640	0.550	0.500	0.050
Dividend Growth	17.19%	16.36%	10.00%	900.00%	-
Operating Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Profit Margin	8.07%	8.95%	8.23%	3.49%	7.31%
FCF Margin	9.71%	6.32%	8.16%	9.58%	22.46%
EBITDA	5,413	4,982	4,309	3,193	2,918
EBITDA Margin	102.59%	102.58%	100.00%	100.00%	100.00%
EBIT	5,277	4,857	4,309	3,193	2,918
EBIT Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	2.89%	2.97%	2.62%	0.07%	2.33%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.