← ATLANTIC AMERICAN CORP
| Annual Trend | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $165.9m |
$166.1m
+0.08%
|
$181.1m
+9.05%
|
$185.6m
+2.45%
|
$198.2m
+6.80%
|
$195.3m
-1.43%
|
$199.6m
+2.15%
|
$187.9m
-5.86%
|
$186.8m
-0.56%
|
$188.2m
+0.77%
|
$208.2m
+10.62%
|
|
| Operating Lease, Expense | — | — | — | — | $1.0m | $1.0m | $1.0m | $1.0m | $1.0m | $1.0m | — | |
| Operating Income (Loss) | $851k |
$929k
+9.17%
|
($3.8m)
-510.33%
|
($3.9m)
-3.12%
|
($7.5m)
-90.59%
|
$11.5m
+253.68%
|
($1.5m)
-112.98%
|
$9.6m
+744.01%
|
$1.5m
-83.98%
|
($5.0m)
-421.53%
|
— | |
| Interest Expense | $1.4m | $1.6m | $1.7m | $2.0m | $2.1m | $1.6m | $1.4m | $2.0m | $3.3m | $3.4m | $3.2m | |
| Net Investment Income | — | — | $8.5m | $9.5m | $9.0m | $7.7m | $8.5m | $9.9m | $10.1m | $9.8m | $12.6m | |
| Investment Income, Net | $9.5m | $9.3m | $7.7m | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $272k | $1.2m | $87k | $0 | $0 | $0 | $0 | — | |
| Other Income | $103k | $133k | $123k | $113k | $190k | $76k | $13k | $11k | $17k | $11k | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $241k | ($360k) | ($766k) | — | |
| Other Expenses | $14.2m | $13.0m | $13.1m | $12.8m | $11.8m | $11.5m | $13.7m | $13.6m | $15.5m | $16.2m | — | |
| Loss before income taxes | $5.7m | $3.5m | $5.4m | ($971k) | ($407k) | $15.5m | $5.3m | $2.1m | ($565k) | ($5.3m) | — | |
| Income tax benefit | $1.3m | $888k | $828k | ($267k) | ($21k) | $3.3m | $1.0m | $571k | ($394k) | ($996k) | — | |
| Net loss | $4.4m | $2.6m | $4.5m | ($704k) | ($386k) | $12.2m | $4.3m | $1.5m | ($171k) | ($4.3m) | — | |
| Net loss applicable to common shareholders | $4.0m | $2.2m | $4.1m | ($1.1m) | ($785k) | $11.8m | $3.9m | $1.1m | ($570k) | ($4.7m) | — | |
| Net Income (Loss) Attributable to Parent | $4.4m |
$2.6m
-39.93%
|
$4.5m
+71.78%
|
($704k)
-115.55%
|
($386k)
+45.17%
|
$12.2m
+3252.59%
|
$4.3m
-64.82%
|
$1.5m
-64.38%
|
($171k)
-111.21%
|
($4.3m)
-2395.91%
|
$4.7m
+210.31%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $4.0m |
$2.2m
-43.92%
|
$4.1m
+84.58%
|
($1.1m)
-126.71%
|
($785k)
+28.83%
|
$11.8m
+1599.36%
|
$3.9m
-67.02%
|
$1.1m
-70.99%
|
($570k)
-150.62%
|
($4.7m)
-718.77%
|
$4.7m
+200.88%
|
|
| Preferred Stock Dividends, Income Statement Impact | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $399k | |
| Preferred stock dividends | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | $399k | |
| Earnings Per Share, Basic | — | — | — | ($0.05) | ($0.04) | $0.58 | $0.19 | $0.06 | ($0.03) | ($0.23) | $0.23 | |
| Earnings Per Share, Diluted | — | — | — | — | — | $0.56 | $0.19 | $0.06 | ($0.03) | ($0.23) | $0.23 | |
| Common Stock, Dividends, Per Share, Declared | — | — | — | $0.00 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 20.4m | 20.4m | 20.4m | 20.4m | 20.4m | 20.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 21.8m | 20.4m | 20.4m | 20.4m | 20.4m | 20.4m | |
| Additional Financial Items | ||||||||||||
| Expenses | ||||||||||||
| Realized Investment Gains (Losses) | $4.9m | $2.6m | $9.2m | $5.2m | $1.6m | $7.4m | $4.9m | $30k | $70k | $1.2m | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Insurance premiums, net | $150.9m | $153.5m | $163.3m | $172.9m | $181.9m | $183.5m | $184.2m | $185.4m | $178.8m | $178.7m | — | |
| Realized investment gains, net | $4.9m | $2.6m | $9.2m | $5.2m | $1.6m | $7.4m | $4.9m | $30k | $70k | $1.2m | — | |
| Unrealized losses on equity securities, net | — | — | $0 | ($2.2m) | $5.5m | ($3.4m) | $1.9m | ($7.6m) | ($2.2m) | ($1.5m) | — | |
| Insurance benefits and losses incurred | $101.4m | $103.2m | $117.5m | $132.7m | $139.2m | $119.9m | $131.7m | $123.5m | $122.5m | $125.8m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $10.3m | $11.9m | $10.6m | $17.6m | $17.3m | $19.4m | $24.1m | $19.4m | $16.4m | $16.6m | — | |
| Other Cost and Expense, Operating | $58.6m | $59.3m | $60.5m | $57.3m | $60.1m | $59.7m | $60.7m | $65.1m | $65.9m | $68.5m | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $98.7m | $99.9m | $112.3m | $128.6m | $137.2m | $119.1m | $130.9m | $121.5m | $114.7m | $118.1m | — | |
| Commissions and underwriting expenses | $43.2m | $44.8m | $43.4m | $39.0m | $45.5m | $46.8m | $47.5m | $46.7m | $46.1m | $48.0m | — | |
| Policyholder Benefits and Claims Incurred, Net | $101.4m | $103.2m | $117.5m | $132.7m | $139.2m | $119.9m | $131.7m | $123.5m | $122.5m | $125.8m | — | |
| Premiums Earned, Net | $150.9m | $153.5m | $163.3m | $172.9m | $181.9m | $183.5m | $184.2m | $185.4m | $178.8m | $178.7m | — | |
| Benefits, Losses and Expenses | $160.2m | $162.6m | $175.8m | $186.5m | $198.6m | $179.8m | $194.3m | $185.8m | $187.4m | $193.5m | — | |
| Total benefits and expenses | $160.2m | $162.6m | $175.8m | $186.5m | $198.6m | $179.8m | $194.3m | $185.8m | $187.4m | $193.5m | — |