AIICO Insurance Plc (NGX:AIICO)
Nigeria
· Delayed Price · Currency is NGN 4.200
-0.050 (-1.18%)
At close: Mar 6, 2026
AIICO Insurance Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Premiums & Annuity Revenue | 97,599 | 75,121 | 54,516 | 54,818 | 58,522 | Upgrade
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| Total Interest & Dividend Income | 46,242 | 55,523 | 46,525 | 33,576 | 13,852 | Upgrade
|
| Gain (Loss) on Sale of Investments | 24,034 | -8,298 | -10,109 | -6,781 | -32,239 | Upgrade
|
| Other Revenue | 3,251 | 2,079 | 2,737 | 370.07 | 2,582 | Upgrade
|
| Total Revenue | 171,126 | 124,426 | 93,670 | 81,983 | 42,716 | Upgrade
|
| Revenue Growth (YoY) | 37.53% | 32.84% | 14.26% | 91.92% | -59.14% | Upgrade
|
| Policy Benefits | 62,099 | 57,491 | 39,315 | 54,761 | 20,180 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 23,098 | 17,519 | 11,006 | - | 7,518 | Upgrade
|
| Selling, General & Administrative | 101.66 | 46.05 | 37.96 | 27.2 | 1,305 | Upgrade
|
| Provision for Bad Debts | -0.48 | -0.48 | -17.69 | 34.68 | -27.34 | Upgrade
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| Other Operating Expenses | 20,187 | 12,103 | 12,556 | 1,343 | 7,114 | Upgrade
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| Total Operating Expenses | 105,485 | 87,158 | 62,897 | 56,166 | 39,613 | Upgrade
|
| Operating Income | 65,641 | 37,268 | 30,773 | 25,817 | 3,103 | Upgrade
|
| Interest Expense | -43,402 | -32,523 | -24,679 | -22,454 | - | Upgrade
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| Earnings From Equity Investments | - | - | - | - | -34.9 | Upgrade
|
| Currency Exchange Gain (Loss) | -2,249 | 11,761 | 6,423 | -676.22 | -280.9 | Upgrade
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| Other Non Operating Income (Expenses) | -67.77 | -328.07 | -189.84 | -148.9 | 30.96 | Upgrade
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| EBT Excluding Unusual Items | 19,923 | 16,178 | 12,327 | 2,538 | 2,818 | Upgrade
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| Gain (Loss) on Sale of Assets | -40.09 | -694.17 | 21.72 | 12.98 | -59.35 | Upgrade
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| Asset Writedown | - | 440 | 177.5 | 147.55 | 48 | Upgrade
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| Pretax Income | 19,883 | 15,923 | 12,526 | 2,698 | 2,807 | Upgrade
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| Income Tax Expense | 2,020 | 730.96 | 390.61 | 405.01 | 257.91 | Upgrade
|
| Earnings From Continuing Ops. | 17,862 | 15,192 | 12,136 | 2,293 | 2,549 | Upgrade
|
| Earnings From Discontinued Ops. | - | - | - | 2,873 | 2,367 | Upgrade
|
| Net Income to Company | 17,862 | 15,192 | 12,136 | 5,166 | 4,916 | Upgrade
|
| Minority Interest in Earnings | -91.34 | 2.24 | -53.78 | -112.1 | -62.73 | Upgrade
|
| Net Income | 17,771 | 15,195 | 12,082 | 5,054 | 4,853 | Upgrade
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| Preferred Dividends & Other Adjustments | 91.34 | 2.24 | -53.78 | 112.1 | - | Upgrade
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| Net Income to Common | 17,680 | 15,192 | 12,136 | 4,942 | 4,853 | Upgrade
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| Net Income Growth | 16.96% | 25.76% | 139.06% | 4.14% | -4.11% | Upgrade
|
| Shares Outstanding (Basic) | 36,605 | 36,605 | 36,605 | 36,605 | 36,605 | Upgrade
|
| Shares Outstanding (Diluted) | 36,605 | 36,605 | 36,605 | 36,605 | 36,605 | Upgrade
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| EPS (Basic) | 0.48 | 0.42 | 0.33 | 0.14 | 0.13 | Upgrade
|
| EPS (Diluted) | 0.48 | 0.42 | 0.33 | 0.14 | 0.13 | Upgrade
|
| EPS Growth | 16.37% | 25.77% | 144.44% | 1.83% | -4.11% | Upgrade
|
| Free Cash Flow | 64,769 | 43,693 | 11,989 | -4,598 | -12,421 | Upgrade
|
| Free Cash Flow Per Share | 1.77 | 1.19 | 0.33 | -0.13 | -0.34 | Upgrade
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| Dividend Per Share | - | 0.070 | 0.050 | 0.030 | 0.020 | Upgrade
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| Dividend Growth | - | 40.00% | 66.67% | 50.00% | - | Upgrade
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| Operating Margin | 38.36% | 29.95% | 32.85% | 31.49% | 7.27% | Upgrade
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| Profit Margin | 10.33% | 12.21% | 12.96% | 6.03% | 11.36% | Upgrade
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| Free Cash Flow Margin | 37.85% | 35.12% | 12.80% | -5.61% | -29.08% | Upgrade
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| EBITDA | 66,617 | 38,091 | 31,572 | 26,571 | 3,713 | Upgrade
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| EBITDA Margin | 38.93% | 30.61% | 33.70% | 32.41% | 8.69% | Upgrade
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| D&A For EBITDA | 976.13 | 823.46 | 798.56 | 753.11 | 610.05 | Upgrade
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| EBIT | 65,641 | 37,268 | 30,773 | 25,817 | 3,103 | Upgrade
|
| EBIT Margin | 38.36% | 29.95% | 32.85% | 31.49% | 7.27% | Upgrade
|
| Effective Tax Rate | 10.16% | 4.59% | 3.12% | 15.01% | 9.19% | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.