ACIC Q2 2021 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q2 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$155M-28.2% YoY

Gross Profit

-$4M-2.5% margin

Operating Income

-$33M-21.1% margin

Net Income

-$24M-15.1% margin

EPS (Diluted)

$-0.55

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$37M

Stock-Based Comp.

$142,000

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.8B

Stockholders' Equity

$339M

Cash & Equivalents

$276M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$155M	$216M	-28.2%
Gross Profit	-$4M	$62M	-106.3%
Operating Income	-$33M	$29M	-211.2%
Net Income	-$24M	$24M	-196.9%