OUTsurance Group Ltd
JSE:OUT
Income Statement
Income Statement
OUTsurance Group Ltd
Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Gross Premiums Earned |
8 015
|
9 101
|
10 158
|
11 177
|
11 247
|
11 860
|
13 538
|
13 588
|
14 199
|
14 355
|
14 297
|
14 510
|
15 047
|
15 530
|
16 217
|
17 141
|
18 136
|
19 382
|
20 668
|
22 640
|
25 294
|
28 118
|
|
Revenue |
9 005
N/A
|
10 008
+11%
|
11 373
+14%
|
12 054
+6%
|
11 496
-5%
|
11 951
+4%
|
13 874
+16%
|
13 880
+0%
|
14 645
+6%
|
14 917
+2%
|
14 801
-1%
|
14 966
+1%
|
15 699
+5%
|
16 129
+3%
|
16 367
+1%
|
17 534
+7%
|
18 881
+8%
|
20 207
+7%
|
21 337
+6%
|
23 235
+9%
|
26 203
+13%
|
29 279
+12%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(7 316)
|
(8 062)
|
(8 907)
|
(9 454)
|
(9 478)
|
(9 739)
|
(11 072)
|
(10 827)
|
(11 095)
|
(11 092)
|
(10 955)
|
(11 225)
|
(12 114)
|
(12 739)
|
(13 099)
|
(13 838)
|
(15 094)
|
(16 943)
|
(18 200)
|
(19 377)
|
(21 308)
|
(24 530)
|
|
Selling, General & Administrative |
(2 201)
|
(2 484)
|
(2 731)
|
(3 258)
|
(3 159)
|
(3 227)
|
(3 632)
|
(3 443)
|
(3 724)
|
(3 925)
|
(3 626)
|
(4 017)
|
(4 138)
|
(4 600)
|
(4 627)
|
(5 166)
|
(5 429)
|
(6 344)
|
(6 676)
|
(7 330)
|
(1 633)
|
(1 916)
|
|
Depreciation & Amortization |
0
|
0
|
(100)
|
0
|
(97)
|
0
|
(109)
|
0
|
(136)
|
0
|
(141)
|
0
|
(141)
|
0
|
(135)
|
0
|
(156)
|
0
|
(184)
|
0
|
(182)
|
0
|
|
Benefits Claims Loss Adjustment |
(4 883)
|
(5 450)
|
(5 818)
|
(5 935)
|
(6 188)
|
(6 512)
|
(7 302)
|
(7 386)
|
(7 210)
|
(7 167)
|
(7 056)
|
(7 177)
|
(7 716)
|
(8 104)
|
(8 180)
|
(8 602)
|
(9 501)
|
(10 606)
|
(11 328)
|
(12 045)
|
(19 714)
|
(22 617)
|
|
Policy Acquisition Expense |
(166)
|
0
|
(261)
|
0
|
(34)
|
0
|
(29)
|
0
|
(25)
|
0
|
(31)
|
0
|
(45)
|
0
|
(41)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(66)
|
(128)
|
3
|
(261)
|
0
|
0
|
0
|
0
|
0
|
0
|
(101)
|
(31)
|
(74)
|
(35)
|
(116)
|
(70)
|
(8)
|
7
|
(12)
|
(2)
|
221
|
3
|
|
Operating Income |
1 689
N/A
|
1 946
+15%
|
2 466
+27%
|
2 600
+5%
|
2 018
-22%
|
2 212
+10%
|
2 802
+27%
|
3 053
+9%
|
3 550
+16%
|
3 825
+8%
|
3 846
+1%
|
3 741
-3%
|
3 585
-4%
|
3 390
-5%
|
3 268
-4%
|
3 696
+13%
|
3 787
+2%
|
3 264
-14%
|
3 137
-4%
|
3 858
+23%
|
4 895
+27%
|
4 749
-3%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
1 120
|
1 415
|
1 717
|
1 891
|
2 071
|
1 711
|
1 388
|
1 289
|
1 288
|
1 529
|
1 563
|
1 396
|
1 883
|
1 761
|
(430)
|
(1 324)
|
(562)
|
(660)
|
(405)
|
(60)
|
(53)
|
483
|
|
Non-Reccuring Items |
38
|
0
|
(4)
|
0
|
0
|
0
|
2
|
0
|
0
|
1
|
(6)
|
0
|
(7)
|
0
|
(1)
|
0
|
(7)
|
0
|
(4 781)
|
(4 723)
|
34
|
59
|
|
Pre-Tax Income |
2 847
N/A
|
3 361
+18%
|
4 179
+24%
|
4 491
+7%
|
4 089
-9%
|
3 923
-4%
|
4 192
+7%
|
4 342
+4%
|
4 838
+11%
|
5 355
+11%
|
5 403
+1%
|
5 137
-5%
|
5 461
+6%
|
5 151
-6%
|
2 837
-45%
|
2 372
-16%
|
3 218
+36%
|
2 604
-19%
|
(2 049)
N/A
|
(925)
+55%
|
4 876
N/A
|
5 291
+9%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
(391)
|
(442)
|
(870)
|
(941)
|
(657)
|
(739)
|
(893)
|
(950)
|
(1 084)
|
(1 158)
|
(1 136)
|
(1 113)
|
(1 096)
|
(1 044)
|
(1 031)
|
(1 130)
|
(1 139)
|
(1 028)
|
(1 027)
|
(1 251)
|
(1 459)
|
(1 479)
|
|
Income from Continuing Operations |
2 456
|
2 919
|
3 309
|
3 550
|
3 432
|
3 184
|
3 299
|
3 392
|
3 754
|
4 197
|
4 267
|
4 024
|
4 365
|
4 107
|
1 806
|
1 242
|
2 079
|
1 576
|
(3 076)
|
(2 176)
|
3 417
|
3 812
|
|
Income to Minority Interest |
(201)
|
(216)
|
(256)
|
(272)
|
(221)
|
(259)
|
(330)
|
(355)
|
(378)
|
(380)
|
(370)
|
(337)
|
(327)
|
(343)
|
(318)
|
(324)
|
(329)
|
(507)
|
(495)
|
(354)
|
(437)
|
(399)
|
|
Net Income (Common) |
2 255
N/A
|
2 703
+20%
|
3 053
+13%
|
3 278
+7%
|
3 292
+0%
|
3 023
-8%
|
2 977
-2%
|
3 046
+2%
|
3 327
+9%
|
3 767
+13%
|
3 897
+3%
|
3 689
-5%
|
4 047
+10%
|
3 875
-4%
|
1 592
-59%
|
1 522
-4%
|
2 893
+90%
|
7 568
+162%
|
17 616
+133%
|
12 697
-28%
|
2 980
-77%
|
3 413
+15%
|
|
EPS (Diluted) |
1.51
N/A
|
1.8
+19%
|
2.04
+13%
|
2.2
+8%
|
2.2
N/A
|
2.03
-8%
|
1.97
-3%
|
2.02
+3%
|
2.2
+9%
|
2.45
+11%
|
2.57
+5%
|
2.4
-7%
|
2.65
+10%
|
2.51
-5%
|
1.04
-59%
|
0.99
-5%
|
1.89
+91%
|
4.94
+161%
|
11.5
+133%
|
8.28
-28%
|
1.95
-76%
|
2.23
+14%
|