ACIC Q2 2020 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q2 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$216M+5.7% YoY

Gross Profit

$62M28.7% margin

Operating Income

$29M13.6% margin

Net Income

$24M11.2% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

+22.7%

Cash Flow

Operating Cash Flow

$122M

Free Cash Flow

$118M

Stock-Based Comp.

$81,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.3B

Stockholders' Equity

$528M

Cash & Equivalents

$230M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$216M	$205M	+5.7%
Gross Profit	$62M	$27M	+131.0%
Operating Income	$29M	-$4M	+917.8%
Net Income	$24M	-$3M	+936.2%