ACIC Q3 2020 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q3 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$213M+2.5% YoY

Gross Profit

-$65M-30.4% margin

Operating Income

-$101M-47.3% margin

Net Income

-$74M-34.8% margin

EPS (Diluted)

$-1.73

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$23M

Stock-Based Comp.

$207,000

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.6B

Stockholders' Equity

$454M

Cash & Equivalents

$323M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$213M	$208M	+2.5%
Gross Profit	-$65M	-$2M	-2621.1%
Operating Income	-$101M	-$36M	-178.7%
Net Income	-$74M	-$28M	-161.9%