← CITIZENS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $2.0m |
($38.1m)
-2036.36%
|
($11.1m)
+70.99%
|
($1.4m)
+87.62%
|
($11.0m)
-702.04%
|
$36.8m
+434.79%
|
($6.6m)
-118.04%
|
$24.4m
+468.14%
|
$14.9m
-38.98%
|
$14.6m
-2.15%
|
— | |
| 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 | — | |
| Depreciation | $806k | $1.1m | $1.5m | $1.7m | $1.4m | $1.1m | $536k | $515k | $619k | $741k | $749k | |
| Deferred Income Tax Expense (Benefit) | $9.8m | ($20.7m) | ($62.6m) | ($1.6m) | ($402k) | $427k | $124k | $860k | ($1.8m) | $1.5m | $1.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $393k | $278k | — | |
| Share-based Payment Arrangement, Expense | — | — | $410k | $2.2m | $2.4m | $700k | $600k | $900k | — | — | $2.0m | |
| Goodwill and Intangible Asset Impairment | $0 | — | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $12.6m | $0 | $0 | — | — | $0 | |
| 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 | — | |
| Net Cash Provided by (Used in) Operating Activities | $102.3m |
$93.0m
-9.05%
|
$84.6m
-9.02%
|
$72.2m
-14.65%
|
$48.8m
-32.38%
|
$40.5m
-17.16%
|
$56.9m
+40.70%
|
$22.1m
-61.25%
|
$31.9m
+44.71%
|
$18.0m
-43.65%
|
$15.5m
-13.87%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.2m | $1.3m | $724k | $511k | $221k | $1.0m | $100k | $442k | $663k | $447k | ($525k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | ($80k) | ($48k) | $9k | $13k | $0 | $0 | — | — | ($116k) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $56.0m | $74.9m | $65.9m | $181.6m | $220.4m | $53.1m | $44.5m | $29.5m | $51.2m | $40.6m | — | |
| Restricted Cash and Investments, Current | — | — | — | — | — | — | — | — | $1.6m | $1.6m | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $3.0m | $2.3m | $99k | ($1.5m) | $613k | ($116k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($152.1m) | ($85.0m) | ($85.1m) | ($69.3m) | ($61.8m) | ($41.1m) | ($60.7m) | ($14.5m) | ($27.2m) | ($19.7m) | ($19.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $2.3m | $2.2m | $0 | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($377k) | ($869k) | ($456k) | ($118k) | ($60k) | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $2.5m |
$2.5m
+2.33%
|
($58k)
-102.28%
|
($2.2m)
-3632.76%
|
$904k
+141.76%
|
($6.2m)
-787.50%
|
($499k)
+91.97%
|
($3.5m)
-608.62%
|
($2.5m)
+30.12%
|
($4.6m)
-86.52%
|
($1.7m)
+62.38%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($47.3m) | $10.6m | ($572k) | $713k | ($12.1m) | ($6.8m) | ($4.3m) | $4.0m | $2.3m | ($6.3m) | $17.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $34.1m | $27.3m | $23.0m | $27.0m | $29.3m | $23.0m | $17.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $4.1m | $2.7m | $2.5m | $2.2m | $0 | $1.2m | $300k | $1.8m | $472k | $1.9m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($828k) | $962k | $1.6m | $376k | ($2.7m) | ($190k) | $164k | ($127k) | — | |
| Gain (Loss) on Sale of Properties | — | $1.1m | $0 | $5.5m | $0 | $981k | $0 | $0 | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | $2.0m | ($518k) | ($108k) | ($5.2m) | ($1.5m) | $0 | $10.3m | ($760k) | $2.6m | ($140k) | — | |
| Goodwill | $17.3m | $12.6m | $12.6m | $12.6m | — | — | — | — | — | — | $0 | |
| Income Tax Expense (Benefit) | $3.5m | $35.1m | $13.1m | $7.1m | ($1.3m) | ($43.5m) | ($429k) | $1.7m | $68k | $2.9m | — | |
| Operating Lease, Expense | — | $114k | $118k | $1.6m | $1.3m | $1.4m | $1.4m | $1.4m | $1.5m | $1.5m | — | |
| Realized Investment Gains (Losses) | ($2.0m) | $518k | $108k | $5.2m | $1.5m | $11.0m | ($10.3m) | $760k | ($2.6m) | $140k | — |