TRE Income Statement - TTM - Société Tunisienne de Réassurance

Income Statement (TTM)

Société Tunisienne de Réassurance Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31
Revenue	111	109	112	115	124	134	143	151	163	175	197	220	216	211	195	192	216	226
Change (%)		-1.40	2.58	2.52	8.48	7.82	6.45	6.06	7.80	7.23	12.84	11.38	-1.99	-2.03	-7.79	-1.46	12.36	4.68
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	91	89	88	88	92	96	101	105	109	112	123	134	135	136	141	145	154	163
Change (%)		-2.78	-0.16	-0.16	4.18	4.01	5.08	4.84	3.29	3.19	9.74	8.87	0.67	0.67	3.43	3.32	6.02	5.68
% of Revenue	82.41	81.26	79.09	77.02	73.96	71.35	70.43	69.62	66.72	64.20	62.44	61.03	62.69	64.41	72.25	75.75	71.48	72.16

Gross Operating Profit	19	20	23	26	32	38	42	46	54	63	74	86	80	75	54	47	61	63
Change (%)		5.05	14.48	12.65	22.91	18.64	9.85	8.97	18.11	15.34	18.40	15.54	-6.15	-6.55	-28.11	-13.89	32.16	2.19
% of Revenue	17.59	18.74	20.91	22.98	26.04	28.65	29.57	30.38	33.28	35.80	37.56	38.97	37.31	35.59	27.75	24.25	28.52	27.84

SG&A	13	13	13	13	13	14	14	15	15	16	17	18	18	19	20	21	21	20
Change (%)		0.04	-0.41	-0.41	4.94	4.71	1.61	1.58	6.69	6.27	3.35	3.24	4.22	4.05	5.84	5.52	-2.30	-2.35
% of Revenue	11.67	11.84	11.50	11.17	10.81	10.50	10.02	9.60	9.50	9.41	8.62	7.99	8.50	9.02	10.36	11.09	9.64	8.99

R&D
Change (%)
% of Revenue

OpEx	92	96	99	102	113	124	129	135	140	145	168	191	187	182	163	159	181	190
Change (%)		4.41	3.07	2.98	10.81	9.76	4.85	4.62	3.43	3.31	16.13	13.89	-2.58	-2.64	-10.02	-2.80	14.19	4.92
% of Revenue	82.88	87.76	88.19	88.59	90.49	92.12	90.73	89.51	85.88	82.74	85.15	87.07	86.55	86.00	83.92	82.78	84.13	84.32

Operating Income	19	13	13	13	12	11	13	16	23	30	29	28	29	30	31	33	34	35
Change (%)		-29.53	-0.95	-0.96	-9.62	-10.65	25.15	20.10	45.07	31.07	-2.93	-3.02	2.00	1.96	5.90	5.57	3.54	3.42
% of Revenue	17.12	12.24	11.81	11.41	9.51	7.88	9.27	10.49	14.12	17.26	14.85	12.93	13.45	14.00	16.08	17.22	15.87	15.68

Interest Expense	-1
Change (%)
% of Revenue	-0.78

Net Income	14	12	13	15	16	17	17	17	19	20	19	17	18	19	20	21	21	21
Change (%)		-13.15	10.29	9.33	6.68	6.26	1.28	1.26	7.89	7.31	-6.34	-6.77	3.57	3.45	5.69	5.38	1.73	1.70
% of Revenue	12.74	11.22	12.07	12.87	12.66	12.47	11.87	11.33	11.34	11.35	9.42	7.89	8.33	8.80	10.08	10.78	9.76	9.49

Source: Capital IQ

Société Tunisienne de Réassurance - Income Statement (TTM)

Income Statement (TTM)