Income Statement

Currency: CAD

	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023
Revenue
Gross Premiums Earned	2 035	2 762	2 842	3 612	3 047	3 152	3 471	3 362	3 497	3 648	3 802
Revenue	2 785 N/A	2 850 +2%	2 918 +2%	3 612 +24%	2 957 -18%	3 058 +3%	3 249 +6%	3 440 +6%	3 619 +5%	3 676 +2%	3 994 +9%
Operating Income
Operating Expenses	(2 462)	(2 510)	(2 603)	(3 231)	(2 703)	(2 822)	(3 007)	(3 081)	(3 159)	(3 302)	(3 377)
Selling, General & Administrative	(515)	(527)	(533)	(688)	(578)	(602)	(641)	0	0	0	0
Depreciation & Amortization	0	0	0	(1)	(1)	(2)	(5)	0	0	0	0
Benefits Claims Loss Adjustment	(1 192)	(1 631)	(1 722)	(2 177)	(1 866)	(1 958)	(3 029)	(2 314)	(2 619)	(3 020)	(3 377)
Other Operating Expenses	(754)	(352)	(348)	(365)	(258)	(260)	668	(766)	(541)	(282)	0
Operating Income	323 N/A	340 +5%	315 -7%	381 +21%	254 -33%	236 -7%	242 +3%	359 +48%	460 +28%	375 -19%	617 +65%
Pre-Tax Income
Interest Income Expense	0	0	0	0	0	0	(1)	0	(1)	(3)	(5)
Non-Reccuring Items	0	0	(30)	(2)	(22)	(22)	(22)	0	0	0	0
Total Other Income	(10)	(15)	(4)	(35)	(31)	(31)	(106)	17	(13)	(42)	(144)
Pre-Tax Income	313 N/A	325 +4%	281 -13%	344 +22%	202 -41%	184 -9%	114 -38%	376 +230%	445 +19%	330 -26%	467 +42%
Net Income
Tax Provision	(75)	(79)	(68)	(83)	(46)	(40)	(2)	(69)	(88)	(60)	(113)
Income from Continuing Operations	239	246	213	262	156	144	112	306	358	270	355
Income to Minority Interest	0	0	0	0	0	0	(1)	(1)	(2)	(4)	(4)
Net Income (Common)	239 N/A	246 +3%	213 -13%	262 +23%	156 -40%	144 -8%	111 -23%	305 +175%	356 +17%	266 -25%	350 +31%
EPS (Diluted)	2.06 N/A	2.13 +3%	2.02 -5%	2.22 +10%	1.33 -40%	1.23 -8%	0.95 -23%	2.62 +176%	3.05 +16%	2.31 -24%	3 +30%

Definity Financial Corp
TSX:DFY