CIA CITIZENS, INC.

Overview and Growth

CITIZENS, INC. generated $255.62M of revenue in fiscal 2025, with net income of $14.59M and an operating cash inflow of $17.99M. The $255.62M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $245.00M in fiscal 2024, revenue recorded a 4.3% year-over-year increase. Total assets stood at $1.75B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Revenue equaled 0.15x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Net income came to $14.59M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 5.7% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $17.47M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 6.8%, relating income before taxes directly to revenue. The reported income-tax provision was $2.88M, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 16.5% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 6.2%, relating annual net income to the equity capital on the balance sheet. Net income represented 0.8% of period-end assets, placing the company’s bottom-line result against the total resource base employed. The company moved from fiscal 2024 net income of $14.91M to $14.59M, with the current outcome ending below that comparison.

Liquidity and Capital Structure

The company held $1.75B of assets against $1.52B of liabilities and $234.99M of equity, revealing how the asset base was financed. Cash and equivalents totaled $22.98M, identifying the most liquid reported component available within the broader current-asset balance. Equity equaled 13.4% of assets, showing the shareholder-capital layer within the company’s balance sheet. Relative to total assets, liabilities measured 86.6%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 1.3%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 4.1% higher than fiscal 2024 assets of $1.69B, measuring the company’s own balance-sheet change. Book equity was 11.7% higher than fiscal 2024 equity of $210.35M, showing how shareholder capital changed year over year. The reported cash balance changed 21.5% from $29.27M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $17.99M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 1.23x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $447.00K, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 2.5% of operating cash flow, leaving the remainder available as free cash flow. After capital spending, free cash flow was $17.54M, leaving cash available for debt reduction, shareholder returns, or further investment. Relative to revenue, free cash flow equaled 6.9%, showing how much sales converted into cash after investment. Free cash flow equaled 1.0% of total assets, relating post-investment cash generation to the company’s resource base. The operating cash outcome moved from $31.92M in fiscal 2024 to $17.99M, ending below the prior-year level.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.