Fortis Global Insurance Plc (NGX:FTGINSURE)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
1.460
-0.030 (-2.01%)
At close: Mar 9, 2026

Fortis Global Insurance Income Statement

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 '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Premiums & Annuity Revenue
394.63413.64418.06523.85429.08
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Total Interest & Dividend Income
527.57144.38-81.22-184.1813.29
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Gain (Loss) on Sale of Investments
--61.913.07-31.8
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Other Revenue
80.54---3.06
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Total Revenue
1,003558.02398.75342.74413.63
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Revenue Growth (YoY)
79.70%39.94%16.34%-17.14%-56.75%
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Policy Benefits
552.5347.59323.53676.26881.07
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Policy Acquisition & Underwriting Costs
100.38---26.16
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Depreciation & Amortization
--11.4215.0328.86
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Selling, General & Administrative
668.81103.866.94343.84500.41
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Other Operating Expenses
----015.22
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Total Operating Expenses
1,322451.45341.891,1861,802
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Operating Income
-318.95106.5756.86-842.9-1,388
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Interest Expense
-1,385-251.57-112.62-76.69-135.92
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Currency Exchange Gain (Loss)
-382.68-2,175-1,75394.47-213.5
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Other Non Operating Income (Expenses)
394.63-326.86-0.02-0.58-2.66
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EBT Excluding Unusual Items
-1,692-2,646-1,808-825.69-1,741
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Gain (Loss) on Sale of Assets
4.49---14.14
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Asset Writedown
-7,640---
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Other Unusual Items
----4.03-
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Pretax Income
-1,6884,994-1,808-829.72-1,726
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Income Tax Expense
-3.127.510-1.92
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Earnings From Continuing Ops.
-1,6884,990-1,816-829.72-1,725
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Net Income
-1,6884,990-1,816-829.72-1,725
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Net Income to Common
-1,6884,990-1,816-829.72-1,725
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Shares Outstanding (Basic)
12,91112,91112,91112,91112,911
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Shares Outstanding (Diluted)
12,91112,91112,91112,91112,911
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EPS (Basic)
-0.130.39-0.14-0.06-0.13
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EPS (Diluted)
-0.130.39-0.14-0.06-0.13
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Free Cash Flow
-406.95-71.56-6.79-1,174231.44
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Free Cash Flow Per Share
-0.03-0.01-0.00-0.090.02
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Operating Margin
-31.81%19.10%14.26%-245.93%-335.68%
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Profit Margin
-168.32%894.31%-455.37%-242.09%-416.92%
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Free Cash Flow Margin
-40.58%-12.82%-1.70%-342.52%55.95%
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EBITDA
-266.8118.7768.28-827.87-1,360
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EBITDA Margin
-26.61%21.28%17.12%-241.55%-
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D&A For EBITDA
52.1512.1911.4215.0328.86
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EBIT
-318.95106.5756.86-842.9-1,388
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EBIT Margin
-31.81%19.10%14.26%-245.93%-
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Effective Tax Rate
-0.06%---
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Source: S&P Capital IQ. Insurance template. Financial Sources.