Sovereign Trust Insurance Plc (NGX:SOVRENINS)
Nigeria
· Delayed Price · Currency is NGN 2.900
+0.050 (1.75%)
At close: Dec 5, 2025
Sovereign Trust Insurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Premiums & Annuity Revenue | 47,171 | 40,448 | 19,323 | 15,702 | 7,276 | 6,542 | Upgrade
|
| Total Interest & Dividend Income | 759.53 | 701.77 | 911.03 | 299.4 | 316.87 | 448.2 | Upgrade
|
| Gain (Loss) on Sale of Investments | 660.16 | - | -187.3 | - | 219.43 | 112.84 | Upgrade
|
| Other Revenue | 130.42 | - | - | - | 779.22 | 1,016 | Upgrade
|
| Total Revenue | 48,721 | 41,150 | 20,047 | 16,001 | 8,592 | 8,119 | Upgrade
|
| Revenue Growth (YoY) | 55.04% | 105.27% | 25.28% | 86.24% | 5.83% | 11.30% | Upgrade
|
| Policy Benefits | 26,645 | 18,426 | 11,604 | 9,848 | 3,169 | 3,486 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 16,654 | 16,654 | 4,331 | 2,730 | 2,411 | 1,974 | Upgrade
|
| Amortization of Goodwill & Intangibles | 48.48 | 44.16 | 45.4 | 30.76 | 0.92 | - | Upgrade
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| Depreciation & Amortization | 503.8 | 386.13 | 186.65 | 102.17 | 199.34 | - | Upgrade
|
| Selling, General & Administrative | 270.08 | 234.74 | 37.43 | 31.32 | 684.37 | 1,741 | Upgrade
|
| Provision for Bad Debts | - | - | - | 0.4 | -5.11 | 6.26 | Upgrade
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| Other Operating Expenses | -824.28 | -203.25 | 907.76 | 445.81 | 61.6 | 99.17 | Upgrade
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| Total Operating Expenses | 46,873 | 37,732 | 18,589 | 14,359 | 7,457 | 7,306 | Upgrade
|
| Operating Income | 1,848 | 3,417 | 1,457 | 1,642 | 1,135 | 813.16 | Upgrade
|
| Interest Expense | -37.19 | -36.57 | -59.36 | -265.97 | -217.62 | -39.46 | Upgrade
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| Earnings From Equity Investments | - | - | 8.19 | 8.42 | 0.32 | 3.89 | Upgrade
|
| Currency Exchange Gain (Loss) | -854.4 | -854.4 | 34.25 | 67.87 | -38.96 | - | Upgrade
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| Other Non Operating Income (Expenses) | 203.77 | 2.49 | -0 | -3.13 | 6.24 | -11.8 | Upgrade
|
| EBT Excluding Unusual Items | 1,160 | 2,529 | 1,440 | 1,449 | 884.69 | 765.79 | Upgrade
|
| Gain (Loss) on Sale of Assets | 11.36 | 11.36 | - | 1.3 | - | - | Upgrade
|
| Asset Writedown | 107.28 | 107.28 | - | - | 1.07 | 30.32 | Upgrade
|
| Other Unusual Items | - | - | - | -1.83 | - | - | Upgrade
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| Pretax Income | 1,334 | 2,648 | 1,440 | 1,448 | 885.76 | 796.11 | Upgrade
|
| Income Tax Expense | 160.72 | 294.84 | 141.79 | 61.69 | -88.98 | 108.41 | Upgrade
|
| Earnings From Continuing Ops. | 1,173 | 2,353 | 1,298 | 1,387 | 974.73 | 687.7 | Upgrade
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| Minority Interest in Earnings | -12.66 | -12.66 | - | - | - | - | Upgrade
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| Net Income | 1,160 | 2,340 | 1,298 | 1,387 | 974.73 | 687.7 | Upgrade
|
| Net Income to Common | 1,160 | 2,340 | 1,298 | 1,387 | 974.73 | 687.7 | Upgrade
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| Net Income Growth | -35.99% | 80.22% | -6.37% | 42.27% | 41.74% | 36.62% | Upgrade
|
| Shares Outstanding (Basic) | 14,228 | 14,228 | 14,228 | 8,593 | 8,593 | 11,364 | Upgrade
|
| Shares Outstanding (Diluted) | 14,228 | 14,228 | 14,228 | 8,593 | 8,593 | 11,364 | Upgrade
|
| Shares Change (YoY) | -9.14% | - | 65.58% | - | -24.39% | 32.26% | Upgrade
|
| EPS (Basic) | 0.08 | 0.16 | 0.09 | 0.16 | 0.11 | 0.06 | Upgrade
|
| EPS (Diluted) | 0.08 | 0.16 | 0.09 | 0.16 | 0.11 | 0.06 | Upgrade
|
| EPS Growth | -29.54% | 80.22% | -43.45% | 42.27% | 87.46% | 3.30% | Upgrade
|
| Free Cash Flow | 2,156 | 2,245 | 375.89 | 1,458 | 1,668 | 173.43 | Upgrade
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| Free Cash Flow Per Share | 0.15 | 0.16 | 0.03 | 0.17 | 0.19 | 0.01 | Upgrade
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| Dividend Per Share | 0.050 | 0.050 | 0.030 | - | - | - | Upgrade
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| Dividend Growth | 66.67% | 66.67% | - | - | - | - | Upgrade
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| Operating Margin | 3.79% | 8.30% | 7.27% | 10.26% | 13.21% | 10.02% | Upgrade
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| Profit Margin | 2.38% | 5.69% | 6.48% | 8.67% | 11.34% | 8.47% | Upgrade
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| Free Cash Flow Margin | 4.42% | 5.46% | 1.88% | 9.11% | 19.41% | 2.14% | Upgrade
|
| EBITDA | 2,132 | 3,668 | 1,584 | 1,728 | 1,318 | 954.43 | Upgrade
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| EBITDA Margin | 4.38% | 8.91% | 7.90% | 10.80% | 15.34% | 11.76% | Upgrade
|
| D&A For EBITDA | 283.88 | 251.03 | 127.07 | 86.42 | 183.59 | 141.26 | Upgrade
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| EBIT | 1,848 | 3,417 | 1,457 | 1,642 | 1,135 | 813.16 | Upgrade
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| EBIT Margin | 3.79% | 8.30% | 7.27% | 10.26% | 13.21% | 10.02% | Upgrade
|
| Effective Tax Rate | 12.05% | 11.14% | 9.84% | 4.26% | - | 13.62% | Upgrade
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Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.