Sonar Bangla Insurance Limited (DSE:SONARBAINS)

Sonar Bangla Insurance 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	498.97	492.25	404.68	345.82	469.74	332.98
Total Interest & Dividend Income	26.46	42.31	42.76	31.12	25.81	27.36
Gain (Loss) on Sale of Investments	-79.61	-79.61	-60.96	14.42	26.51	14.96
Other Revenue	90.58	61.14	36.83	48.01	50.31	35.7
Total Revenue	536.41	516.1	423.31	439.37	572.37	411.01
Revenue Growth (YoY)	20.51%	21.92%	-3.66%	-23.24%	39.26%	-22.04%
Policy Benefits	216.54	194.55	114.77	14.55	153.07	33.05
Policy Acquisition & Underwriting Costs	90.17	82.47	74.15	89.18	39.94	65.96
Depreciation & Amortization	6.21	6.21	7.11	6.56	6.51	6.75
Selling, General & Administrative	223.69	194.02	179.4	185.83	241.11	157.08
Other Operating Expenses	-3.4	0.1	0.1	0.1	0.1	0.1
Total Operating Expenses	533.2	477.35	375.53	296.22	440.73	262.94
Operating Income	3.2	38.75	47.78	143.15	131.64	148.07
Interest Expense	-	-	-	-	-	-0.89
Other Non Operating Income (Expenses)	-37.97	-37.97	-43.5	-15.03	-0.54	-6.16
EBT Excluding Unusual Items	-34.77	0.78	4.28	128.12	131.1	141.01
Gain (Loss) on Sale of Investments	-	-	0.87	-	-	-
Gain (Loss) on Sale of Assets	0.03	0.03	-	0.76	-0.03	-
Pretax Income	-34.74	0.8	5.15	128.87	131.07	141.01
Income Tax Expense	36.23	26.47	26.75	31.36	26.54	41.35
Earnings From Continuing Ops.	-70.97	-25.67	-21.6	97.51	104.53	99.66
Minority Interest in Earnings	-25.67	-25.67	-21.6	-3.96	-4.66	-3.62
Net Income	-96.64	-51.34	-43.21	93.55	99.87	96.04
Preferred Dividends & Other Adjustments	-129.49	-117.03	-105.28	19.96	17.62	12.49
Net Income to Common	32.85	65.7	62.08	73.59	82.25	83.55
Net Income Growth	-	-	-	-6.33%	3.98%	16.23%
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
EPS (Basic)	0.78	1.56	1.48	1.75	1.96	1.99
EPS (Diluted)	0.78	1.56	1.48	1.75	1.96	1.99
EPS Growth	-43.88%	5.83%	-15.64%	-10.54%	-1.56%	21.89%
Free Cash Flow	30.23	47.57	-17.99	105.5	93.82	145.6
Free Cash Flow Per Share	0.72	1.13	-0.43	2.51	2.23	3.46
Dividend Per Share	-	1.000	1.000	0.952	1.429	1.429
Dividend Growth	-	-	5.00%	-33.33%	-	50.00%
Operating Margin	0.60%	7.51%	11.29%	32.58%	23.00%	36.03%
Profit Margin	6.12%	12.73%	14.67%	16.75%	14.37%	20.33%
Free Cash Flow Margin	5.64%	9.22%	-4.25%	24.01%	16.39%	35.42%
EBITDA	8.36	44.74	54.89	149.71	138.14	154.82
EBITDA Margin	1.56%	8.67%	12.97%	34.07%	24.14%	37.67%
D&A For EBITDA	5.15	5.99	7.11	6.56	6.51	6.75
EBIT	3.2	38.75	47.78	143.15	131.64	148.07
EBIT Margin	0.60%	7.51%	11.29%	32.58%	23.00%	36.03%
Effective Tax Rate	-	3295.56%	519.73%	24.34%	20.25%	29.32%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.