Fidelity Life Assurance of Zimbabwe Limited (ZMSE:FIDL)

ZMSE:FIDL Income Statement

Financials in millions USD. 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	11.74	11.43	7.88	105.82	11.41	1.9
Total Interest & Dividend Income	6.75	3	-0.07	87.43	1.16	0.17
Gain (Loss) on Sale of Investments	-	-	-	-	3.4	1.48
Non-Insurance Activities Revenue	0.64	0.64	0.53	7.89	1.41	0.27
Other Revenue	17.46	9.59	9.14	5.41	2.9	0.22
Total Revenue	36.59	24.65	18.73	206.55	20.27	4.04
Revenue Growth (YoY)	171.47%	31.65%	-90.93%	919.10%	401.98%	180.43%
Policy Benefits	18.05	12.69	16.62	52.58	21.82	3.03
Policy Acquisition & Underwriting Costs	-	-	-	-	0.63	0.09
Selling, General & Administrative	11.52	10.64	7.62	22.19	7.75	1.29
Provision for Bad Debts	0.3	0.3	0.03	0.39	0.14	0.01
Non-Insurance Activities Expense	-	-	-	-	0.47	0.4
Other Operating Expenses	-	-	-	-	-0.16	-0.31
Reinsurance Income or Expense	-0.15	-0.15	-0.08	-2	-	-
Total Operating Expenses	30.02	23.78	24.36	77.16	30.64	4.5
Operating Income	6.57	0.87	-5.63	129.39	-10.37	-0.46
Interest Expense	-0.52	-0.45	-0.18	-2.85	-0.48	-0.09
Currency Exchange Gain (Loss)	-0.23	0.03	-	-	0.07	-
Other Non Operating Income (Expenses)	-	-	-	-292.8	0.08	-0.57
EBT Excluding Unusual Items	5.82	0.46	-5.81	-166.26	-10.7	-1.12
Gain (Loss) on Sale of Assets	-0	-0	0.02	0.03	0.93	-
Asset Writedown	1.36	6.11	8.52	178.7	13.8	1.03
Pretax Income	7.18	6.57	2.74	12.46	4.03	-0.09
Income Tax Expense	0.02	0.17	0.4	9.34	1.1	0.12
Earnings From Continuing Ops.	7.15	6.4	2.34	3.12	2.93	-0.2
Net Income to Company	7.15	6.4	2.34	3.12	2.93	-0.2
Minority Interest in Earnings	-0.87	-0.37	-0.01	-10.89	-1.73	-0.17
Net Income	6.28	6.03	2.33	-7.77	1.2	-0.37
Net Income to Common	6.28	6.03	2.33	-7.77	1.2	-0.37
Net Income Growth	0.86%	159.01%	-	-	-	-
Shares Outstanding (Basic)	108	108	108	108	108	108
Shares Outstanding (Diluted)	108	108	108	108	108	108
EPS (Basic)	0.06	0.06	0.02	-0.07	0.01	-0.00
EPS (Diluted)	0.06	0.06	0.02	-0.07	0.01	-0.00
EPS Growth	0.81%	159.02%	-	-	-	-
Free Cash Flow	-4.81	1.29	1.36	15.45	-4.71	1.08
Free Cash Flow Per Share	-0.04	0.01	0.01	0.14	-0.04	0.01
Dividend Per Share	0.003	0.003	-	-	-	-
Operating Margin	17.96%	3.55%	-30.07%	62.64%	-51.18%	-11.37%
Profit Margin	17.18%	24.45%	12.43%	-3.76%	5.93%	-9.27%
Free Cash Flow Margin	-13.14%	5.25%	7.26%	7.48%	-23.23%	26.76%
EBITDA	7.01	1.18	-5.57	130.14	-10.07	-0.32
EBITDA Margin	19.17%	4.77%	-29.74%	63.00%	-49.67%	-8.00%
D&A For EBITDA	0.44	0.3	0.06	0.74	0.31	0.14
EBIT	6.57	0.87	-5.63	129.39	-10.37	-0.46
EBIT Margin	17.96%	3.55%	-30.07%	62.64%	-51.18%	-11.37%
Effective Tax Rate	0.31%	2.61%	14.57%	74.95%	27.21%	-
Revenue as Reported	-	-	-	-	35.22	5.38

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