ACIC Q2 2018 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q2 2018 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$183M+2.8% YoY

Gross Profit

$44M24.1% margin

Operating Income

$19M10.6% margin

Net Income

$15M8.0% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$93M

Stock-Based Comp.

$561,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.8B

Stockholders' Equity

$545M

Cash & Equivalents

$209M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183M	$178M	+2.8%
Gross Profit	$44M	$48M	-7.8%
Operating Income	$19M	$13M	+52.8%
Net Income	$15M	$7M	+102.6%