PICIC Insurance Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. 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
Total Interest & Dividend Income	12.15	12.58	8.25	4.66	3.36	Upgrade
Other Revenue	-	-	-	0	-	Upgrade
Total Revenue	12.15	12.58	8.25	4.66	3.36	Upgrade
Revenue Growth (YoY)	-3.39%	52.54%	76.90%	38.79%	-29.31%	Upgrade
Selling, General & Administrative	6.66	7.06	5.95	4.7	3.9	Upgrade
Other Operating Expenses	17.35	0.3	0.3	0.3	0.29	Upgrade
Total Operating Expenses	24.01	7.36	6.25	5	4.19	Upgrade
Operating Income	-11.85	5.22	2	-0.34	-0.83	Upgrade
EBT Excluding Unusual Items	-11.85	5.22	2	-0.34	-0.83	Upgrade
Pretax Income	-11.85	5.22	2	-0.34	-0.83	Upgrade
Income Tax Expense	3.04	1.88	1.24	2.73	-	Upgrade
Net Income	-14.89	3.34	0.76	-3.07	-0.83	Upgrade
Net Income to Common	-14.89	3.34	0.76	-3.07	-0.83	Upgrade
Net Income Growth	-	337.79%	-	-	-	Upgrade
Shares Outstanding (Basic)	35	35	35	35	35	Upgrade
Shares Outstanding (Diluted)	35	35	35	35	35	Upgrade
EPS (Basic)	-0.43	0.10	0.02	-0.09	-0.02	Upgrade
EPS (Diluted)	-0.43	0.10	0.02	-0.09	-0.02	Upgrade
EPS Growth	-	337.80%	-	-	-	Upgrade
Free Cash Flow	-3.04	-1.91	-1.24	-1.38	-0.64	Upgrade
Free Cash Flow Per Share	-0.09	-0.06	-0.04	-0.04	-0.02	Upgrade
Operating Margin	-97.52%	41.48%	24.24%	-7.25%	-24.74%	Upgrade
Profit Margin	-122.52%	26.52%	9.24%	-65.83%	-24.74%	Upgrade
Free Cash Flow Margin	-25.00%	-15.17%	-15.07%	-29.69%	-18.99%	Upgrade
EBITDA	-11.84	5.23	-	-	-0.82	Upgrade
EBITDA Margin	-97.42%	41.53%	-	-	-24.44%	Upgrade
D&A For EBITDA	0.01	0.01	-	-	0.01	Upgrade
EBIT	-11.85	5.22	2	-0.34	-0.83	Upgrade
EBIT Margin	-97.52%	41.48%	24.24%	-7.25%	-24.74%	Upgrade
Effective Tax Rate	-	36.07%	61.88%	-	-	Upgrade

Source: S&P Capital IQ. Insurance template. Financial Sources.