← AMERICAN COASTAL INSURANCE Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $487.1m |
$654.4m
+34.35%
|
$723.9m
+10.62%
|
$825.1m
+13.98%
|
$846.7m
+2.61%
|
$634.5m
-25.05%
|
$455.4m
-28.23%
|
$286.5m
-37.08%
|
$296.7m
+3.53%
|
$335.4m
+13.07%
|
$330.2m
-1.57%
|
|
| Marketing and Advertising Expense | — | — | — | — | — | $910k | $716k | $33k | $41k | $90.0m | — | |
| General and Administrative Expense | $43.0m | $81.8m | $66.1m | $66.0m | $72.1m | $57.2m | $63.3m | $29.5m | $44.8m | $40.5m | $29.0m | |
| Other General and Administrative Expense | — | — | — | — | — | — | — | — | $21.6m | $3.6m | — | |
| Amortization of Intangible Assets | $10.9m | $31.2m | $13.9m | $5.4m | $4.3m | $3.6m | $3.2m | $3.2m | $2.6m | $2.4m | — | |
| Operating Lease, Expense | — | — | — | $183k | $630k | $654k | $943k | $777k | $220k | $438k | — | |
| Operating Costs and Expenses | — | — | — | — | $52.9m | $56.3m | $43.6m | $10.2m | — | — | — | |
| Operating Expenses | $20.5m | $27.7m | $40.6m | $44.3m | — | — | — | — | — | — | $197.0m | |
| Operating Income (Loss) | $6.9m |
$757k
-89.03%
|
($4.4m)
-675.30%
|
($32.7m)
-651.44%
|
($132.2m)
-303.90%
|
($84.0m)
+36.42%
|
($454.9m)
-441.25%
|
$89.7m
+119.73%
|
$99.6m
+10.99%
|
$140.3m
+40.85%
|
— | |
| Interest Expense | $723k | $3.2m | $9.9m | $9.8m | $9.6m | $9.4m | $9.6m | $10.9m | $12.0m | $10.8m | $10.1m | |
| Net Investment Income | $10.7m | $17.8m | $27.2m | $31.2m | $25.5m | $14.9m | $14.8m | $10.8m | $21.1m | $22.5m | $31.9m | |
| Investment Income, Net | $10.1m | $17.1m | $26.2m | $30.1m | $24.1m | $13.8m | $14.0m | $10.6m | $20.8m | $22.2m | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $1.7m | $1.2m | $66.7m | $3.6m | ($32.1m) | ($5.5m) | ($190k) | ($412k) | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $3.6m | ($32.1m) | ($6.8m) | ($124k) | $1.4m | — | |
| Other Nonoperating Income (Expense) | $100k | $153k | $116k | $119k | $74k | $184k | $10.4m | $2.2m | $2.1m | $2.5m | — | |
| Other Income | $19.0m | $51.1m | $15.1m | $16.6m | $17.7m | $24.2m | $17.5m | $79k | $0 | $0 | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | $85.2m | $76.3m | $104.1m | $133.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | ($83.9m) | ($444.5m) | $92.0m | $101.7m | $142.7m | $133.1m | |
| Income Tax Expense (Benefit) | $1.3m | ($9.2m) | ($4.6m) | ($3.1m) | ($36.6m) | ($24.0m) | $25.5m | $9.8m | $25.3m | $35.9m | $32.9m | |
| Net Income (Loss) Attributable to Parent | $5.7m |
$10.1m
+78.04%
|
$290k
-97.14%
|
($29.9m)
-10400.69%
|
($96.5m)
-222.89%
|
($57.9m)
+39.95%
|
($469.9m)
-711.23%
|
$309.9m
+165.96%
|
$75.7m
-75.57%
|
$106.8m
+41.10%
|
$100.2m
-6.22%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $104k | $387k | $956k | ($1.9m) | ($111k) | — | — | — | $100.2m | |
| Earnings Per Share, Basic | $0.27 | $0.27 | $0.01 | ($0.70) | ($2.25) | ($1.35) | ($10.91) | $7.11 | $1.59 | $2.20 | $2.06 | |
| Earnings Per Share, Diluted | $0.26 | $0.27 | $0.01 | ($0.70) | ($2.25) | ($1.35) | ($10.91) | $6.98 | $1.54 | $2.15 | $2.02 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | $2 | $2 | $2 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | $2 | $2 | $2 | — | |
| Common Stock, Dividends, Per Share, Declared | $0.23 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 21.4m | 37.2m | 42.7m | 42.8m | 42.9m | 42.9m | 43.1m | 43.6m | 47.8m | 48.5m | 48.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 21.6m | 37.4m | 42.8m | 42.8m | 42.9m | 42.9m | 43.1m | 44.4m | 49.4m | 49.8m | 49.8m | |
| Additional Financial Items | ||||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $117.7m | $175.4m | $203.1m | $238.3m | $236.0m | $173.6m | $156.1m | $83.3m | $71.0m | $97.8m | — | |
| Cost, Depreciation and Amortization | — | — | — | — | — | — | — | — | $5.2m | $4.1m | — | |
| Costs and Expenses | $480.2m | $653.7m | $728.3m | $857.8m | $978.8m | $718.6m | $910.3m | $196.8m | $197.1m | $195.2m | — | |
| Equipment Expense | — | — | — | — | — | — | — | — | — | $3.3m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | $13.6m | — | — | $0 | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $298.4m | $365.5m | $408.6m | $499.5m | $608.3m | $422.1m | $637.6m | $62.9m | $69.3m | $46.0m | — | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | $1.7m | — | — | — | — | — | — | — | — | |
| Policyholder Benefits and Claims Incurred, Net | — | — | — | — | — | — | — | — | $69.3m | $46.0m | — | |
| Premiums Earned, Net | $456.9m | $585.5m | $689.3m | $752.4m | $765.7m | $589.8m | $462.6m | $281.9m | $274.0m | $306.9m | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | $56.1m | $430.0m | $227.7m | ($601k) | $42k | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $85.2m | $76.3m | $106.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $82.2m | $76.3m | $106.8m | — |