BOW Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Premiums Earned	491.68	385.11	263.9	182.86
Investment Income	57.83	40.12	19.37	4.73
Net Gains on Investments	0.04	-0.02	-	-
Total Other Revenues	2.04	0.44	0.13	0.01
Revenue	551.59	425.66	283.4	187.6
Revenue Growth (YoY)	29.58%	50.20%	51.06%	-
Insurance Benefits & Claims	328.02	248.1	166.28	111.76
Policy Amortization Costs	46.51	32.4	20.94	15.19
Other Operating Expenses	102.31	89.18	63.44	45.99
Operating Income	74.74	55.98	32.75	14.66
Interest Expense	-2.01	-0.73	-	-
Other Non-Operating Income (Expense)	-4	-1.92	-	-
Total Non-Operating Income (Expense)	-6.02	-2.64	-	-
Pretax Income	67.3	50.54	32.12	14.66
Provision for Income Taxes	13.51	12.29	7.07	3.41
Net Income	53.79	38.24	25.05	11.26
Net Income to Common	53.79	38.24	25.05	11.26
Net Income Growth	40.64%	52.69%	122.52%	-
Shares Outstanding (Basic)	33	29	24	24
Shares Outstanding (Diluted)	34	30	24	24
Shares Change (YoY)	13.68%	23.66%	-	-
EPS (Basic)	1.64	1.31	1.04	0.47
EPS (Diluted)	1.59	1.29	1.04	0.47
EPS Growth	23.26%	24.04%	121.28%	-
Shares Outstanding	32.78	32.66	24	24
Free Cash Flow	326.02	291.18	232.41	177.67
Free Cash Flow Growth	11.97%	25.29%	30.81%	-
Free Cash Flow Per Share	9.66	9.81	9.68	7.40
Operating Margin	13.55%	13.15%	11.55%	7.81%
Profit Margin	9.75%	8.98%	8.84%	6.00%
FCF Margin	59.11%	68.41%	82.01%	94.71%
EBITDA	76.52	59.85	35.01	15.39
EBITDA Margin	13.87%	14.06%	12.35%	8.20%
EBIT	74.74	55.98	32.75	14.66
EBIT Margin	13.55%	13.15%	11.55%	7.81%
Effective Tax Rate	20.08%	24.32%	22.01%	23.22%

Updated Feb 24, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q