ACIC Q3 2018 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q3 2018 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$188M+9.7% YoY

Gross Profit

$13M6.9% margin

Operating Income

-$16M-8.5% margin

Net Income

-$12M-6.2% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$33M

Stock-Based Comp.

$627,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.8B

Stockholders' Equity

$529M

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$188M	$171M	+9.7%
Gross Profit	$13M	-$19M	+169.6%
Operating Income	-$16M	-$45M	+65.1%
Net Income	-$12M	-$28M	+58.2%