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ACIC Q2 2024 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena
ACIC
American Coastal Insurance Corporation
$566M
Q2 2024 Earnings
Financial Services
Insurance - Property & Casualty
Income Statement
Revenue
$69M
-6.6% YoY
Gross Profit
$39M
56.8% margin
Operating Income
$25M
36.2% margin
Net Income
$19M
27.7% margin
EPS (Diluted)
$0.39
QoQ Revenue Growth
+3.3%
Cash Flow
Operating Cash Flow
$126M
Free Cash Flow
$126M
Stock-Based Comp.
$780,000
Balance Sheet
Total Assets
$1.3B
Total Liabilities
$1.1B
Stockholders' Equity
$223M
Cash & Equivalents
$229M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$69M
$74M
-6.6%
Gross Profit
$39M
$34M
+15.5%
Operating Income
$25M
$22M
+11.1%
Net Income
$19M
$18M
+7.2%
← FY 2024
All Quarters
Q3 2024 →