← Global Indemnity Group, LLC
| 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 | $534.5m |
$485.5m
-9.17%
|
$498.9m
+2.76%
|
$604.5m
+21.15%
|
$583.5m
-3.46%
|
$678.3m
+16.23%
|
$628.5m
-7.33%
|
$528.1m
-15.97%
|
$441.2m
-16.46%
|
$450.1m
+2.02%
|
$456.2m
+1.36%
|
|
| Amortization of Intangible Assets | $500k | $500k | $500k | $500k | $500k | $500k | $400k | $400k | $400k | $300k | — | |
| Restructuring Costs | — | — | — | — | — | — | $3.4m | $2.0m | $0 | $0 | — | |
| Acquisition costs and other operating expenses | — | — | — | — | — | — | — | $182.6m | $147.3m | $156.8m | — | |
| Other Operating Income (Expense), Net | $10.3m | $6.6m | $1.7m | $1.8m | $2.1m | $29.8m | $31.4m | $1.4m | $1.4m | $2.3m | — | |
| Interest Expense | $8.9m | $16.9m | $19.7m | $20.0m | $15.8m | $10.5m | $3.0m | $0 | $0 | — | $0 | |
| Net Investment Income | $34.0m | $39.3m | $46.3m | $42.1m | $28.4m | $37.0m | $27.6m | $55.4m | $62.4m | $62.7m | $61.8m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $5.9m | $10.8m | ($103k) | $4.1m | $10.6m | ($36k) | ($423k) | $0 | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($700k) | $2.1m | ($2.9m) | $300k | $100k | $500k | $300k | ($500k) | $100k | ($200k) | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $28.5m | $4.2m | ($16.5m) | $37.2m | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $5.2m | $4.7m | $0 | $0 | $152k | $440k | $440k | $440k | $440k | $440k | — | |
| Other income | $10.3m | $6.6m | $1.7m | $1.8m | $2.1m | $29.8m | $31.4m | $1.4m | $1.4m | $2.3m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $32.9m | $45.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $47.6m | ($10.1m) | ($75.9m) | $81.8m | ($29.1m) | $32.8m | $2.0m | $33.0m | $55.0m | $33.3m | $45.2m | |
| Current Income Tax Expense (Benefit) | $477k | $519k | $325k | ($41k) | $163k | $54k | $426k | $2.2m | $415k | $7.2m | $10.9m | |
| Income Tax Expense (Benefit) | ($2.2m) | ($499k) | ($19.2m) | $11.7m | ($8.1m) | $3.4m | $2.8m | $7.5m | $11.7m | $8.0m | $10.9m | |
| Net losses and loss adjustment expenses | $264.0m | $269.2m | $334.6m | $275.4m | $336.2m | $385.0m | $359.2m | $289.2m | $213.2m | $228.3m | — | |
| Net Income (Loss) Attributable to Parent | $49.9m |
($9.6m)
-119.15%
|
($56.7m)
-493.61%
|
$70.0m
+223.49%
|
($21.0m)
-130.00%
|
$29.4m
+239.74%
|
($850k)
-102.90%
|
$25.4m
+3091.65%
|
$43.2m
+70.05%
|
$25.3m
-41.41%
|
$33.9m
+33.68%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $49.9m |
($9.6m)
-119.15%
|
($56.7m)
-493.61%
|
$70.0m
+223.49%
|
($21.2m)
-130.22%
|
$28.9m
+236.66%
|
($1.3m)
-104.46%
|
$25.0m
+2037.13%
|
$42.8m
+71.28%
|
$24.9m
-41.84%
|
$33.9m
+36.05%
|
|
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $440k | |
| Earnings Per Share, Basic | $2.89 | ($0.55) | ($4.02) | $4.93 | ($1.48) | $2.00 | ($0.09) | $1.84 | $3.14 | $1.75 | $2.36 | |
| Earnings Per Share, Diluted | $2.84 | ($0.55) | ($4.02) | $4.88 | ($1.48) | $1.97 | ($0.09) | $1.83 | $3.12 | $1.75 | $2.36 | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.40 | $1.40 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 17.2m | 17.3m | 14.1m | 14.2m | 14.3m | 14.4m | 14.5m | 13.6m | 13.6m | 14.2m | 14.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 17.5m | 17.3m | 14.1m | 14.3m | 14.3m | 14.7m | 14.5m | 13.7m | 13.7m | 14.3m | 14.4m | |
| Expenses | ||||||||||||
| Additional Financial Items | ||||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $114.3m | $109.0m | $118.0m | $132.3m | $140.9m | $144.9m | $150.9m | $120.9m | $87.6m | $89.7m | — | |
| Other Cost and Expense, Operating | $17.3m | $25.7m | $29.8m | $18.9m | $42.0m | $27.2m | $24.4m | $23.4m | $25.7m | $31.7m | — | |
| Realized Investment Gains (Losses) | — | — | — | $35.3m | ($14.7m) | $15.9m | ($32.9m) | ($2.1m) | $455k | ($3.7m) | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | $4.9m | $4.4m | $5.0m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $6.3m | $6.5m | $7.0m | $7.1m | $7.0m | $10.4m | $8.4m | $6.2m | $5.8m | $5.7m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $1.1m | $578k | $0 | — | — | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $264.0m | $269.2m | $334.6m | $275.4m | $336.2m | $385.0m | $359.2m | $289.2m | $213.2m | $228.3m | — | |
| Gross written premiums | $565.8m | $516.3m | $547.9m | $636.9m | $606.6m | $682.1m | $727.6m | $416.4m | $389.8m | $398.9m | — | |
| Ceded written premiums | — | — | — | — | ($58.4m) | ($102.1m) | ($136.3m) | ($17.1m) | ($10.6m) | ($11.1m) | — | |
| Net written premiums | $470.9m | $450.2m | $472.5m | $562.1m | $548.2m | $580.1m | $591.3m | $399.3m | $379.2m | $387.8m | — | |
| Change in net unearned premiums | — | — | — | — | $19.5m | $15.5m | $11.1m | $74.0m | ($2.2m) | $970k | — | |
| Net earned premiums | $468.5m | $438.0m | $467.8m | $525.3m | $567.7m | $595.6m | $602.5m | $473.4m | $377.0m | $388.8m | — | |
| Corporate expenses | $17.3m | $25.7m | $29.8m | $18.9m | $42.0m | $27.2m | $24.4m | $23.4m | $25.7m | $31.7m | — | |
| Less: preferred stock distributions | $5.2m | $4.7m | $0 | $0 | $152k | $440k | $440k | $440k | $440k | $440k | — | |
| Cash distributions declared per common share | $0 | $0 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | — | |
| Policyholder Benefits and Claims Incurred, Net | — | — | — | — | — | — | — | — | $213.2m | $228.3m | — | |
| Premiums Earned, Net | $468.5m | $438.0m | $467.8m | $525.3m | $567.7m | $595.6m | $602.5m | $473.4m | $377.0m | $388.8m | — |