CITIZENS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $245.4m $252.6m $244.0m $250.5m $238.9m $250.5m $232.5m $240.7m $245.0m $255.6m
Revenues:
Additional Financial Items
Other Income $955k $1.2m $1.8m $1.4m $1.8m $3.3m $3.7m $3.6m $4.6m $7.1m
Realized Investment Gains (Losses) ($2.0m) $518k $108k $5.2m $1.5m $11.0m ($10.3m) $760k ($2.6m) $140k
Gains (Losses) on Sales of Investment Real Estate $0
Goodwill, Impairment Loss $12.6m $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($6.7m) ($7.1m) $26.2m $15.0m $17.5m
Policyholder Benefits and Claims Incurred, Net $164.1m $165.2m $145.4m $154.6m $156.7m $162.4m $155.6m $136.0m $146.1m $165.0m
Premiums Earned, Net $197.9m $197.7m $187.9m $184.3m $175.3m $174.7m $173.7m $167.0m $173.3m $176.4m
Net Investment Income $48.6m $53.1m $54.2m $59.5m $60.2m $61.5m $65.4m $69.3m $69.7m $72.0m
Gain (Loss) on Investments $3.0m $2.3m $99k ($1.5m) $613k
Net Income (Loss) Attributable to Parent $2.0m ($38.1m) ($11.1m) ($1.4m) ($11.0m) $36.8m ($6.6m) $24.4m $14.9m $14.6m
Weighted Average Number of Shares Outstanding, Basic 50.1m 50.1m 50.1m 50.2m 50.4m 50.0m 50.1m 49.7m
Weighted Average Number of Shares Outstanding, Diluted 50.1m 50.3m 50.9m 50.6m 50.9m 50.7m
Expenses
Deferred Policy Acquisition Costs, Amortization Expense $28.5m $29.7m $34.2m $28.3m $27.4m $25.0m $26.5m $15.5m $17.4m $18.9m
Other Cost and Expense, Operating $33.4m $46.4m $47.6m $48.4m $53.7m $43.4m $45.2m $47.1m $52.3m $53.0m
Current Income Tax Expense (Benefit) $13.3m $14.5m ($49.6m) $5.5m ($927k) ($68k) $632k $1.8m $1.9m $1.4m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $25.5m $24.8m $24.6m $27.4m $38.6m $33.6m $28.7m $25.1m $26.2m $23.5m
Operating Lease, Expense $114k $118k $1.6m $1.3m $1.4m $1.4m $1.4m $1.5m $1.5m
Income Tax Expense (Benefit) $3.5m $35.1m $13.1m $7.1m ($1.3m) ($43.5m) ($429k) $1.7m $68k $2.9m
Benefits, Losses and Expenses $239.9m $255.6m $242.0m $244.8m $251.2m $257.2m $239.6m $214.5m $230.0m $238.1m