Alm. Brand A/S (CPH:ALMB)

Alm. Brand Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	12,724	12,869	13,097	12,262	5,174	5,113
Total Interest & Dividend Income	-373	-339	-402	163	102	132
Gain (Loss) on Sale of Investments	917	917	975	-1,226	-139	76
Other Revenue	63	128	269	904	257	-84
Total Revenue	13,331	13,575	13,939	12,103	5,394	5,237
Revenue Growth (YoY)	-4.11%	-2.61%	15.17%	124.38%	3.00%	-38.88%
Policy Benefits	9,229	9,404	9,901	9,601	3,461	3,419
Policy Acquisition & Underwriting Costs	-	-	-	-	761	694
Selling, General & Administrative	2,214	2,210	2,210	1,882	319	260
Other Operating Expenses	154	188	301	221	107	98
Reinsurance Income or Expense	-	-	-	-	1	1
Total Operating Expenses	11,597	11,802	12,412	11,704	4,647	4,495
Operating Income	1,734	1,773	1,527	399	747	742
Interest Expense	-106	-98	-175	-55	-15	-16
Currency Exchange Gain (Loss)	17	17	5	34	-	-1
EBT Excluding Unusual Items	1,645	1,692	1,357	378	732	725
Merger & Restructuring Charges	-213	-213	-316	-376	-34	-
Asset Writedown	-	-	-	-	-	3
Other Unusual Items	-346	-346	-357	-238	-	-
Pretax Income	1,086	1,133	684	-236	698	728
Income Tax Expense	321	335	220	-66	192	167
Earnings From Continuing Ops.	765	798	464	-170	506	561
Earnings From Discontinued Ops.	157	-21	148	544	92	57
Net Income to Company	922	777	612	374	598	618
Net Income	922	777	612	374	598	618
Preferred Dividends & Other Adjustments	28	29	25	7	-	-
Net Income to Common	894	748	587	367	598	618
Net Income Growth	28.06%	26.96%	63.64%	-37.46%	-3.24%	36.73%
Shares Outstanding (Basic)	1,507	1,520	1,541	1,541	253	154
Shares Outstanding (Diluted)	1,507	1,520	1,541	1,541	253	154
Shares Change (YoY)	-2.12%	-1.40%	-	509.35%	64.35%	-1.68%
EPS (Basic)	0.59	0.49	0.38	0.24	2.36	4.02
EPS (Diluted)	0.59	0.49	0.38	0.24	2.36	4.00
EPS Growth	62.33%	27.64%	59.95%	-89.93%	-40.91%	37.90%
Free Cash Flow	74	588	109	148	884	1,221
Free Cash Flow Per Share	0.05	0.39	0.07	0.10	3.50	7.93
Dividend Per Share	0.600	0.600	0.550	0.300	0.300	4.000
Dividend Growth	9.09%	9.09%	83.33%	-	-92.50%	33.33%
Operating Margin	13.01%	13.06%	10.96%	3.30%	13.85%	14.17%
Profit Margin	6.71%	5.51%	4.21%	3.03%	11.09%	11.80%
Free Cash Flow Margin	0.56%	4.33%	0.78%	1.22%	16.39%	23.32%
EBITDA	2,165	2,210	1,995	748	790	996
EBITDA Margin	16.24%	16.28%	14.31%	6.18%	14.65%	19.02%
D&A For EBITDA	431	437	468	349	43	254
EBIT	1,734	1,773	1,527	399	747	742
EBIT Margin	13.01%	13.06%	10.96%	3.30%	13.85%	14.17%
Effective Tax Rate	29.56%	29.57%	32.16%	-	27.51%	22.94%

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