Phoenix Insurance Company Limited (DSE:PHENIXINS)

Phoenix Insurance Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	432.05	418.63	274.1	378.48	380.32	337.87
Total Interest & Dividend Income	62.52	36.56	31.07	32.49	33.55	45.75
Gain (Loss) on Sale of Investments	0.4	0.4	-2.03	-	-	0.79
Other Revenue	66.83	67.89	80.21	53.06	69.93	85.72
Total Revenue	561.8	523.47	383.35	464.02	483.8	470.14
Revenue Growth (YoY)	44.04%	36.55%	-17.39%	-4.09%	2.91%	-19.28%
Policy Benefits	90.67	77.39	-77.1	7.55	60.72	4.95
Policy Acquisition & Underwriting Costs	99.69	99.69	90.98	80.14	46.25	85.23
Depreciation & Amortization	37.36	37.36	36.42	34.15	11.94	10.79
Selling, General & Administrative	232.99	232.99	238.48	227.58	239.65	236.87
Total Operating Expenses	466.65	453.36	299.93	359.42	369.56	346.83
Operating Income	95.15	70.11	83.42	104.6	114.25	123.31
Other Non Operating Income (Expenses)	-1.51	-1.51	-1.21	-1.52	-1.03	-1.69
EBT Excluding Unusual Items	93.64	68.6	82.21	103.08	113.22	121.62
Gain (Loss) on Sale of Assets	0.89	0.89	-0.35	1.86	3.71	0.27
Pretax Income	94.54	69.5	81.86	104.95	116.93	121.89
Income Tax Expense	18	8.61	17.67	23.45	28.14	27.9
Net Income	76.54	60.88	64.19	81.49	88.79	93.99
Net Income to Common	76.54	60.88	64.19	81.49	88.79	93.99
Net Income Growth	80.90%	-5.15%	-21.23%	-8.22%	-5.53%	1.06%
Shares Outstanding (Basic)	41	40	40	40	40	40
Shares Outstanding (Diluted)	41	40	40	40	40	40
EPS (Basic)	1.89	1.51	1.59	2.02	2.20	2.33
EPS (Diluted)	1.89	1.51	1.59	2.02	2.20	2.33
EPS Growth	79.35%	-5.15%	-21.23%	-8.22%	-5.53%	1.06%
Free Cash Flow	11.81	-11.35	27.26	39.49	148.57	73.32
Free Cash Flow Per Share	0.29	-0.28	0.68	0.98	3.68	1.82
Dividend Per Share	1.000	1.000	1.200	1.500	1.500	1.500
Dividend Growth	-16.67%	-16.67%	-20.00%	-	-	25.00%
Operating Margin	16.94%	13.39%	21.76%	22.54%	23.61%	26.23%
Profit Margin	13.62%	11.63%	16.74%	17.56%	18.35%	19.99%
Free Cash Flow Margin	2.10%	-2.17%	7.11%	8.51%	30.71%	15.60%
EBITDA	107.15	82.5	94.95	118.18	126.18	134.09
EBITDA Margin	19.07%	15.76%	24.77%	25.47%	26.08%	28.52%
D&A For EBITDA	12	12.39	11.53	13.57	11.94	10.79
EBIT	95.15	70.11	83.42	104.6	114.25	123.31
EBIT Margin	16.94%	13.39%	21.76%	22.54%	23.61%	26.23%
Effective Tax Rate	19.04%	12.39%	21.58%	22.35%	24.07%	22.89%

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