ADRIATIC osiguranje d.d. (ZSE:JDOS)

ADRIATIC osiguranje d.d. Income Statement

Financials in millions EUR. 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	243.1	234.68	203.93	173.62	141.2	109.03
Total Interest & Dividend Income	3.68	3.46	1.86	9.5	2.85	2.52
Gain (Loss) on Sale of Investments	3.49	3.5	1.91	-	0.02	0.03
Other Revenue	-	-	-	8.04	6.18	3.13
Total Revenue	250.27	241.64	207.71	191.15	150.23	114.71
Revenue Growth (YoY)	10.47%	16.34%	8.66%	27.24%	30.97%	16.15%
Policy Benefits	158.16	150.03	126.23	110.11	74.14	45.19
Policy Acquisition & Underwriting Costs	19.74	18.9	16.43	13.49	36.41	29.21
Depreciation & Amortization	0	-	-	-	-	-
Selling, General & Administrative	-	-	-	-	23.21	22.27
Other Operating Expenses	72.34	73.46	66.84	61.91	6.21	5.4
Total Operating Expenses	250.24	242.4	209.5	185.5	139.97	102.07
Operating Income	0.03	-0.75	-1.79	5.65	10.26	12.64
Currency Exchange Gain (Loss)	-0.08	-0	-0.09	0.1	-0.21	0.02
Other Non Operating Income (Expenses)	4.96	5.59	6.21	0.13	-	-
EBT Excluding Unusual Items	4.91	4.83	4.33	5.88	10.05	12.66
Impairment of Goodwill	-	-	-	-	-0.07	-0.06
Asset Writedown	-	-	-	-	1.55	-1.37
Pretax Income	4.83	4.83	4.33	5.88	11.53	11.22
Income Tax Expense	0.55	0.77	0.72	0.32	1.8	2.15
Net Income	4.28	4.06	3.61	5.55	9.73	9.08
Net Income to Common	4.28	4.06	3.61	5.55	9.73	9.08
Net Income Growth	292.65%	12.38%	-34.95%	-42.93%	7.19%	11.30%
Shares Outstanding (Basic)	0	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0	0
EPS (Basic)	34.24	32.48	28.90	44.42	77.84	72.62
EPS (Diluted)	34.24	32.48	28.90	44.42	77.84	72.62
EPS Growth	292.65%	12.38%	-34.95%	-42.93%	7.19%	11.30%
Free Cash Flow	22.77	34.81	16.35	19.85	29.69	10.85
Free Cash Flow Per Share	182.12	278.49	130.79	158.78	237.55	86.82
Dividend Per Share	24.000	24.000	-	-	-	-
Operating Margin	0.01%	-0.31%	-0.86%	2.96%	6.83%	11.02%
Profit Margin	1.71%	1.68%	1.74%	2.90%	6.48%	7.91%
Free Cash Flow Margin	9.10%	14.41%	7.87%	10.38%	19.77%	9.46%
EBITDA	2.02	1.89	0.62	5.85	12.36	15.48
EBITDA Margin	0.81%	0.78%	0.30%	3.06%	8.23%	13.49%
D&A For EBITDA	2	2.65	2.41	0.21	2.1	2.84
EBIT	0.03	-0.75	-1.79	5.65	10.26	12.64
EBIT Margin	0.01%	-0.31%	-0.86%	2.96%	6.83%	11.02%
Effective Tax Rate	11.40%	16.03%	16.57%	5.51%	15.64%	19.12%

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