ACIC Q1 2021 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q1 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$162M-8.2% YoY

Gross Profit

$5M3.2% margin

Operating Income

-$26M-16.2% margin

Net Income

-$18M-11.0% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

-32.9%

Cash Flow

Operating Cash Flow

-$67M

Free Cash Flow

-$68M

Stock-Based Comp.

-$5M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.4B

Stockholders' Equity

$359M

Cash & Equivalents

$228M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$176M	-8.2%
Gross Profit	$5M	$15M	-64.5%
Operating Income	-$26M	-$16M	-66.3%
Net Income	-$18M	-$13M	-39.7%