Coronation Insurance Plc (NGX:WAPIC)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
2.600
-0.060 (-2.26%)
At close: Apr 28, 2026

Coronation 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
74,82849,47424,56611,1208,751
Upgrade
Total Interest & Dividend Income
4,1082,7741,9591,0961,644
Upgrade
Gain (Loss) on Sale of Investments
1,621-1,378-870.93-1,057134.73
Upgrade
Other Revenue
----915.49
Upgrade
Total Revenue
80,55650,87025,65411,15811,446
Upgrade
Revenue Growth (YoY)
58.36%98.29%129.91%-2.51%9.65%
Upgrade
Policy Benefits
64,25843,98724,47911,5195,708
Upgrade
Policy Acquisition & Underwriting Costs
----2,710
Upgrade
Amortization of Goodwill & Intangibles
----182.76
Upgrade
Depreciation & Amortization
----431.95
Upgrade
Selling, General & Administrative
----2,982
Upgrade
Provision for Bad Debts
----39.26
Upgrade
Other Operating Expenses
5,2815,530568.5933.78579.87
Upgrade
Total Operating Expenses
69,54049,51725,04812,45314,148
Upgrade
Operating Income
11,0171,353606.36-1,294-2,702
Upgrade
Interest Expense
-----54.95
Upgrade
Earnings From Equity Investments
405.973,041675.96-2,235501.43
Upgrade
Currency Exchange Gain (Loss)
-1,7798,0022,0711,714634.82
Upgrade
Other Non Operating Income (Expenses)
4.28311.76-75.82--261.84
Upgrade
EBT Excluding Unusual Items
9,64812,7083,277-1,816-1,883
Upgrade
Gain (Loss) on Sale of Assets
-0.18--18.2
Upgrade
Asset Writedown
1.510.934.81--247.71
Upgrade
Other Unusual Items
-1,102-1,065--
Upgrade
Pretax Income
9,65013,8112,217-1,816-2,112
Upgrade
Income Tax Expense
2,1341,900398.11151.96470.39
Upgrade
Net Income
7,51511,9111,819-1,968-2,583
Upgrade
Net Income to Common
7,51511,9111,819-1,968-2,583
Upgrade
Net Income Growth
-36.90%554.81%---
Upgrade
Shares Outstanding (Basic)
23,92123,92123,92123,92123,921
Upgrade
Shares Outstanding (Diluted)
23,92123,92123,92123,92123,921
Upgrade
EPS (Basic)
0.310.500.08-0.08-0.11
Upgrade
EPS (Diluted)
0.310.500.08-0.08-0.11
Upgrade
EPS Growth
-36.90%554.81%---
Upgrade
Free Cash Flow
10,45520,3568,132-1,318-1,831
Upgrade
Free Cash Flow Per Share
0.440.850.34-0.06-0.08
Upgrade
Operating Margin
13.68%2.66%2.36%-11.60%-23.61%
Upgrade
Profit Margin
9.33%23.41%7.09%-17.63%-22.56%
Upgrade
Free Cash Flow Margin
12.98%40.02%31.70%-11.81%-15.99%
Upgrade
EBITDA
11,7962,6131,050-1,001-2,273
Upgrade
EBITDA Margin
14.64%5.14%4.09%-8.97%-19.86%
Upgrade
D&A For EBITDA
779.051,260443.32293.89429.17
Upgrade
EBIT
11,0171,353606.36-1,294-2,702
Upgrade
EBIT Margin
13.68%2.66%2.36%-11.60%-23.61%
Upgrade
Effective Tax Rate
22.12%13.76%17.96%--
Upgrade
Source: S&P Capital IQ. Insurance template. Financial Sources.