PT Lippo General Insurance Tbk (IDX:LPGI)

IDX:LPGI Income Statement

Financials in millions IDR. 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	2,747,899	2,746,008	2,960,003	2,029,639	1,681,812	1,181,160
Total Interest & Dividend Income	74,594	72,239	41,982	10,695	21,010	26,650
Gain (Loss) on Sale of Investments	8,910	8,910	15,549	25,323	-1,265	10,346
Other Revenue	1,439	-632.83	-574.29	-301.39	-4,250	-3,192
Total Revenue	2,832,841	2,826,524	3,016,960	2,065,356	1,697,306	1,214,964
Revenue Growth (YoY)	3.56%	-6.31%	46.08%	21.68%	39.70%	4.09%
Policy Benefits	2,252,351	2,347,419	2,647,695	1,683,144	1,231,211	718,652
Policy Acquisition & Underwriting Costs	193,587	173,519	152,684	124,189	126,206	91,840
Selling, General & Administrative	227,455	224,729	203,134	222,973	266,022	206,201
Other Operating Expenses	44,028	12,141	1,295	-52,788	9,142	91,534
Total Operating Expenses	2,717,422	2,757,808	3,004,808	1,977,518	1,632,582	1,108,228
Operating Income	115,419	68,716	12,152	87,837	64,724	106,735
Interest Expense	-112.43	-112.43	-200.45	-69.72	-224.89	-379.65
Currency Exchange Gain (Loss)	4,150	4,150	-4,529	12,302	8,511	3,696
Other Non Operating Income (Expenses)	-143.48	-143.48	-1,268	-2,921	-906.75	-1,260
EBT Excluding Unusual Items	119,314	72,610	6,155	97,148	72,104	108,791
Gain (Loss) on Sale of Assets	2,234	2,234	2,785	1,599	2,446	663.2
Asset Writedown	-18.98	-18.98	5,935	-149	1,746	2,460
Pretax Income	121,529	74,825	14,874	98,598	76,296	111,914
Income Tax Expense	22,596	12,551	-10,011	24,759	43,142	19,006
Net Income	98,933	62,274	24,885	73,839	33,154	92,908
Net Income to Common	98,933	62,274	24,885	73,839	33,154	92,908
Net Income Growth	863.06%	150.25%	-66.30%	122.71%	-64.31%	16.13%
Shares Outstanding (Basic)	2,927	3,000	3,000	3,000	3,000	3,000
Shares Outstanding (Diluted)	2,927	3,000	3,000	3,000	3,000	3,000
EPS (Basic)	33.80	20.76	8.30	24.61	11.05	30.97
EPS (Diluted)	33.80	20.76	8.30	24.61	11.05	30.97
EPS Growth	919.35%	150.25%	-66.30%	122.71%	-64.31%	16.13%
Free Cash Flow	225,418	117,477	-19,133	-2,584	162,245	204,538
Free Cash Flow Per Share	77.00	39.16	-6.38	-0.86	54.08	68.18
Dividend Per Share	-	-	-	5.400	33.334	13.950
Dividend Growth	-	-	-	-83.80%	138.95%	30.37%
Operating Margin	4.07%	2.43%	0.40%	4.25%	3.81%	8.79%
Profit Margin	3.49%	2.20%	0.83%	3.57%	1.95%	7.65%
Free Cash Flow Margin	7.96%	4.16%	-0.63%	-0.13%	9.56%	16.84%
EBITDA	126,008	79,196	21,927	97,469	73,164	115,508
EBITDA Margin	4.45%	2.80%	0.73%	4.72%	4.31%	9.51%
D&A For EBITDA	10,589	10,480	9,775	9,632	8,440	8,773
EBIT	115,419	68,716	12,152	87,837	64,724	106,735
EBIT Margin	4.07%	2.43%	0.40%	4.25%	3.81%	8.79%
Effective Tax Rate	18.59%	16.77%	-	25.11%	56.55%	16.98%
Revenue as Reported	2,838,951	2,832,634	3,019,681	2,076,117	1,708,878	1,220,143

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.