ACIC Q3 2021 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q3 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$163M-23.5% YoY

Gross Profit

$13M8.0% margin

Operating Income

-$19M-11.4% margin

Net Income

-$14M-8.8% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

-$81M

Free Cash Flow

-$83M

Stock-Based Comp.

$336,000

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$3.0B

Stockholders' Equity

$320M

Cash & Equivalents

$188M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$213M	-23.5%
Gross Profit	$13M	-$65M	+120.2%
Operating Income	-$19M	-$101M	+81.5%
Net Income	-$14M	-$74M	+80.7%