ACIC FY 2023 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$566M

FY 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$264M+19.4% YoY

Gross Profit

$142M53.7% margin

Operating Income

$96M36.4% margin

Net Income

$310M117.5% margin

EPS (Diluted)

$6.98

Cash Flow

Operating Cash Flow

-$136M

Free Cash Flow

-$136M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$892M

Stockholders' Equity

$169M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$221M	+19.4%
Gross Profit	$142M	$44M	+224.1%
Operating Income	$96M	$2M	+5615.6%
Net Income	$310M	-$470M	+166.0%