Universal Insurance Past Earnings Performance

Past criteria checks 0/6

Universal Insurance's earnings have been declining at an average annual rate of -45%, while the Insurance industry saw earnings growing at 23.1% annually. Revenues have been declining at an average rate of 4.1% per year.

Key information

-45.0%

Earnings growth rate

-45.2%

EPS growth rate

Insurance Industry Growth	18.8%
Revenue growth rate	-4.1%
Return on equity	-25.8%
Net Margin	-351.4%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

KASE:UVIC Revenue, expenses and earnings (PKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	48	-167	86
30 Jun 24	40	-171	91
31 Mar 24	64	-167	94
31 Dec 23	70	-155	97
30 Sep 23	90	-51	163
30 Jun 23	87	-90	164
31 Mar 23	91	-90	165
31 Dec 22	92	-111	162
30 Sep 22	90	-23	95
30 Jun 22	88	5	91
31 Mar 22	87	6	88
31 Dec 21	91	40	90
30 Sep 21	92	12	89
30 Jun 21	111	-23	90
31 Mar 21	126	-10	92
31 Dec 20	80	-88	87
30 Sep 20	120	-57	83
30 Jun 20	87	-27	76
31 Mar 20	54	-54	75
31 Dec 19	86	2	72
30 Sep 19	31	-9	69
30 Jun 19	29	-7	71
31 Mar 19	20	12	69
31 Dec 18	23	16	69
30 Sep 18	15	23	67
30 Jun 18	7	20	69
31 Mar 18	26	37	70
31 Dec 17	22	41	68
30 Sep 17	52	44	67
30 Jun 17	65	65	60
31 Mar 17	70	67	59
31 Dec 16	76	69	63
30 Sep 16	57	64	63
30 Jun 16	55	76	55
31 Mar 16	40	94	33
31 Dec 15	39	130	26
30 Sep 15	34	74	38
30 Jun 15	49	54	51
31 Mar 15	48	-9	94
31 Dec 14	52	-46	103
30 Sep 14	62	-42	106
30 Jun 14	60	-64	116
31 Mar 14	91	-65	122
31 Dec 13	113	-89	140

Quality Earnings: UVIC is currently unprofitable.

Growing Profit Margin: UVIC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: UVIC is unprofitable, and losses have increased over the past 5 years at a rate of 45% per year.

Accelerating Growth: Unable to compare UVIC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UVIC is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (52.3%).

Return on Equity

High ROE: UVIC has a negative Return on Equity (-25.76%), as it is currently unprofitable.

Universal Insurance Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: PK₨0.19 (vs PK₨0.11 in 3Q 2023)

Second quarter 2024 earnings released: PK₨0.35 loss per share (vs PK₨0.26 loss in 2Q 2023)

First quarter 2024 earnings released: PK₨0.22 loss per share (vs PK₨0.02 profit in 1Q 2023)

Full year 2023 earnings released: PK₨3.10 loss per share (vs PK₨2.22 loss in FY 2022)

Third quarter 2023 earnings released: EPS: PK₨0.11 (vs PK₨0.66 loss in 3Q 2022)

Second quarter 2023 earnings released: PK₨0.26 loss per share (vs PK₨0.27 loss in 2Q 2022)

Recent updates

Third quarter 2024 earnings released: EPS: PK₨0.19 (vs PK₨0.11 in 3Q 2023)

Second quarter 2024 earnings released: PK₨0.35 loss per share (vs PK₨0.26 loss in 2Q 2023)

First quarter 2024 earnings released: PK₨0.22 loss per share (vs PK₨0.02 profit in 1Q 2023)

Full year 2023 earnings released: PK₨3.10 loss per share (vs PK₨2.22 loss in FY 2022)

the Universal Insurance Company Limited Announces Resignation of Abdul Waheed Chaudhry as Chief Financial Officer

Third quarter 2023 earnings released: EPS: PK₨0.11 (vs PK₨0.66 loss in 3Q 2022)

Second quarter 2023 earnings released: PK₨0.26 loss per share (vs PK₨0.27 loss in 2Q 2022)

The Universal Insurance Company Announces Chief Financial Officer Changes

Less than half of directors are independent

Full year 2022 earnings released: PK₨2.22 loss per share (vs PK₨0.81 profit in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

The Universal Insurance Company Limited Announces Board Changes

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: PK₨0.66 loss per share (vs PK₨0.12 loss in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

The Universal Insurance Company Limited Announces Executive Changes

Less than half of directors are independent

The Universal Insurance Company Limited Announces Appointment of Ali Kuli Khan Khattakhas as Director

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: PK₨0.12 loss per share (vs PK₨0.83 loss in 3Q 2020)

Second quarter 2021 earnings released: PK₨0.23 loss per share (vs PK₨0.035 profit in 2Q 2020)

Full year 2020 earnings released: PK₨1.76 loss per share (vs PK₨0.047 profit in FY 2019)

New 90-day low: PK₨4.20

Universal Insurance Company Limited Announces Board Changes

New 90-day low: PK₨4.75

New 90-day low: PK₨5.05

Third quarter 2020 earnings released: PK₨0.83 loss per share

New 90-day high: PK₨6.85

First half earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies