BOW Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Premiums & Annuity Revenue	319.93	263.9	182.86
Total Interest & Dividend Income	28.41	19.37	4.73
Other Revenue	0.13	0.13	0.01
Total Revenue	348.47	283.4	187.6
Revenue Growth (YoY)	-	51.06%	-
Policy Benefits	208.75	166.28	111.76
Policy Acquisition & Underwriting Costs	25.51	20.94	15.19
Selling, General & Administrative	75.02	63.46	45.99
Total Operating Expenses	309.28	250.67	172.94
Operating Income	39.19	32.73	14.66
Currency Exchange Gain (Loss)	-0.03	0.02	-
EBT Excluding Unusual Items	36.9	32.75	14.66
Other Unusual Items	-0.63	-0.63	-
Pretax Income	33.54	32.12	14.66
Income Tax Expense	7.5	7.07	3.41
Net Income	26.04	25.05	11.26
Net Income to Common	26.04	25.05	11.26
Net Income Growth	-	122.52%	-
Shares Outstanding (Basic)	25	24	24
Shares Outstanding (Diluted)	25	24	24
EPS (Basic)	1.05	1.04	0.47
EPS (Diluted)	1.04	1.04	0.47
EPS Growth	-	121.75%	-
Free Cash Flow	259.45	232.41	177.67
Free Cash Flow Per Share	10.40	9.68	7.40
Operating Margin	11.25%	11.55%	7.81%
Profit Margin	7.47%	8.84%	6.00%
Free Cash Flow Margin	74.45%	82.01%	94.71%
EBITDA	40.4	32.89	14.79
EBITDA Margin	11.59%	11.61%	7.88%
D&A For EBITDA	1.21	0.17	0.13
EBIT	39.19	32.73	14.66
EBIT Margin	11.25%	11.55%	7.81%
Effective Tax Rate	22.37%	22.01%	23.22%
Revenue as Reported	348.47	283.4	187.6

Source: S&P Capital IQ. Insurance template. Financial Sources.