Línea Directa Aseguradora, S.A.

MCE LDA.MC

Línea Directa Aseguradora, S.A. Net Income Margin for the year ending December 31, 2023: -0.43%

Línea Directa Aseguradora, S.A. Net Income Margin is -0.43% for the year ending December 31, 2023, a -106.51% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Línea Directa Aseguradora, S.A. Net Income Margin for the year ending December 31, 2022 was 6.68%, a -44.04% change year over year.
Línea Directa Aseguradora, S.A. Net Income Margin for the year ending December 31, 2021 was 11.93%, a -19.19% change year over year.
Línea Directa Aseguradora, S.A. Net Income Margin for the year ending December 31, 2020 was 14.77%, a 23.74% change year over year.
Línea Directa Aseguradora, S.A. Net Income Margin for the year ending December 31, 2019 was 11.93%, a -12.22% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

MCE: LDA.MC

Línea Directa Aseguradora, S.A.

CEO	Ms. Patricia Ayuela de Rueda
IPO Date	May 4, 2021
Location	Spain
Headquarters	Calle de Isaac Newton, 7
Employees	2,512
Sector	Finance
Industries Insurance

Description

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal. It offers motor, home, health, and other insurance products, as well as other non-life insurance products under the Línea Directa, Penelope Seguros, Aprecio, and Vivaz Seguros brands. The company also provides vehicle inspection and repair, and roadside assistance, as well as sundry services related to motorcycles; insurance brokerage services; and claims management, claims-related repair work, and other specialized household services. It distributes its products through telephone and internet sales channels. The company was formerly known as Bankinter Aseguradora Directa, S.A. Compañía de Seguros y Reaseguros and changed its name to Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros in January 1995. Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros was incorporated in 1994 and is based in Tres Cantos, Spain.

Key trends

Past 5 years