AIICO Insurance Plc

NGSE:AIICO Stock Report

Market Cap: ₦61.5b

AIICO Insurance Past Earnings Performance

Past criteria checks 3/6

AIICO Insurance has been growing earnings at an average annual rate of 33.9%, while the Insurance industry saw earnings growing at 43.1% annually. Revenues have been growing at an average rate of 11.7% per year. AIICO Insurance's return on equity is 21.1%, and it has net margins of 8.8%.

Key information

33.9%

Earnings growth rate

25.0%

EPS growth rate

Insurance Industry Growth25.4%
Revenue growth rate11.7%
Return on equity21.1%
Net Margin8.8%
Last Earnings Update31 Dec 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How AIICO Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:AIICO Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 24155,13213,643820
30 Sep 24142,46218,5642070
30 Jun 24129,64218,1532070
31 Mar 24121,21219,6021550
31 Dec 23110,23511,9661530
30 Sep 23104,2855,8022880
30 Jun 2395,4286,3212,0960
31 Mar 23-23,2851,855-9960
31 Dec 2281,9832,0693150
30 Sep 2275,8154,5351,7440
30 Jun 2280,2484,1948090
31 Mar 22186,4172,7124,7070
31 Dec 2142,7162,4864,8020
30 Sep 2153,298-1885,2030
30 Jun 2163,5603,2045,2000
31 Mar 2176,3874,2265,2860
31 Dec 20104,5444,7925,3650
30 Sep 2095,3576,1736,2340
30 Jun 2081,1395,0606,3660
31 Mar 2070,6456,4636,2610
31 Dec 1970,3735,5936,1080
30 Sep 1962,0565,6595,0370
30 Jun 1955,2503,9345,0550
31 Mar 1951,7413,5595,2770
31 Dec 1843,8983,0445,0820
30 Sep 1845,4866254,2590
30 Jun 1851,5722,1484,0890
31 Mar 1848,6091,1283,8280
31 Dec 1745,2171,2223,7420
30 Sep 1742,6689,5643,5870
30 Jun 1738,3389,7953,5470
31 Mar 1738,1169,8293,5480
31 Dec 1636,68510,2093,4260
30 Sep 1631,1831,5853,8310
30 Jun 1627,3321,8173,8050
31 Mar 1623,8351,7253,7060
31 Dec 1522,5751,2203,5690
30 Sep 1523,4072,1522,3050
30 Jun 1518,3791,8442,7810
31 Mar 1518,9761,6963,2590
31 Dec 1422,0982,1753,5480
30 Sep 1419,7891,1545,8100
30 Jun 1423,244-1,1405,7110
31 Mar 1424,419-6375,8700

Quality Earnings: AIICO has high quality earnings.

Growing Profit Margin: AIICO's current net profit margins (8.8%) are lower than last year (10.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AIICO's earnings have grown significantly by 33.9% per year over the past 5 years.

Accelerating Growth: AIICO's earnings growth over the past year (14%) is below its 5-year average (33.9% per year).

Earnings vs Industry: AIICO earnings growth over the past year (14%) did not outperform the Insurance industry 81.1%.

Return on Equity

High ROE: AIICO's Return on Equity (21.1%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/04 01:36
End of Day Share Price 2025/02/04 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AIICO Insurance Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCardinalStone Partners Limited