ACICAmerican Coastal Insurance Corporation

$566M

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$90M+54.6% YoY

Gross Profit

$47M52.0% margin

Operating Income

$34M37.5% margin

Net Income

$267M295.9% margin

EPS (Diluted)

$5.99

QoQ Revenue Growth

-20.4%

Cash Flow

Operating Cash Flow

-$104M

Free Cash Flow

-$104M

Stock-Based Comp.

$335,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.4B

Stockholders' Equity

$83M

Cash & Equivalents

$93M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$58M	+54.6%
Gross Profit	$47M	$12M	+297.5%
Operating Income	$34M	-$988,000	+3525.5%
Net Income	$267M	-$33M	+905.7%

ACIC Q1 2023 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena