Citizens, Inc. (CIA)

Citizens Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	173.33	167.04	173.71	174.73	175.33
Total Interest & Dividend Income	69.71	69.25	65.43	61.5	60.2
Gain (Loss) on Sale of Investments	-2.63	0.76	-10.29	10.99	1.5
Other Revenue	4.59	3.63	3.68	3.33	1.83
Total Revenue	245	240.68	232.52	250.55	238.86
Revenue Growth (YoY)	1.80%	3.51%	-7.19%	4.89%	-4.67%
Policy Benefits	151.91	140.37	133.64	137.12	156.66
Policy Acquisition & Underwriting Costs	25.85	27	26.33	26.93	40.85
Selling, General & Administrative	52.27	47.13	45.18	43.37	43.67
Total Operating Expenses	230.02	214.51	205.15	207.42	241.17
Operating Income	14.98	26.17	27.38	43.13	-2.32
EBT Excluding Unusual Items	14.98	26.17	27.38	43.13	-2.32
Impairment of Goodwill	-	-	-	-12.62	-
Other Unusual Items	-	-	-	-	-10
Pretax Income	14.98	26.17	27.38	30.51	-12.32
Income Tax Expense	0.07	1.74	1.37	-42.2	-1.33
Net Income	14.91	24.44	26.01	72.71	-10.99
Net Income to Common	14.91	24.44	26.01	72.71	-10.99
Net Income Growth	-38.98%	-6.04%	-64.23%	-	-
Shares Outstanding (Basic)	50	50	50	50	50
Shares Outstanding (Diluted)	51	51	51	51	51
Shares Change (YoY)	0.13%	-0.37%	0.44%	-0.58%	1.17%
EPS (Basic)	0.30	0.49	0.52	1.45	-0.22
EPS (Diluted)	0.29	0.48	0.51	1.44	-0.22
EPS Growth	-39.58%	-6.12%	-64.39%	-	-
Free Cash Flow	31.26	21.61	56.82	39.45	48.61
Free Cash Flow Per Share	0.62	0.43	1.12	0.78	0.95
Operating Margin	6.11%	10.88%	11.77%	17.21%	-0.97%
Profit Margin	6.09%	10.15%	11.19%	29.02%	-4.60%
Free Cash Flow Margin	12.76%	8.98%	24.44%	15.75%	20.35%
EBITDA	15.6	26.69	27.91	44.27	-0.89
EBITDA Margin	6.37%	11.09%	12.00%	17.67%	-0.37%
D&A For EBITDA	0.62	0.52	0.54	1.14	1.42
EBIT	14.98	26.17	27.38	43.13	-2.32
EBIT Margin	6.11%	10.88%	11.77%	17.21%	-0.97%
Effective Tax Rate	0.45%	6.64%	5.00%	-	-
Revenue as Reported	245	240.68	232.52	250.55	238.86

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q