ACIC Q1 2022 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$566M

Q1 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$58M-63.9% YoY

Gross Profit

$12M20.2% margin

Operating Income

-$988,000-1.7% margin

Net Income

-$33M-56.8% margin

EPS (Diluted)

$-0.77

QoQ Revenue Growth

-62.2%

Cash Flow

Operating Cash Flow

-$21M

Free Cash Flow

-$22M

Stock-Based Comp.

$452,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.2B

Stockholders' Equity

$258M

Cash & Equivalents

$258M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$162M	-63.9%
Gross Profit	$12M	$5M	+127.7%
Operating Income	-$988,000	-$26M	+96.2%
Net Income	-$33M	-$18M	-86.7%