ACIC Q3 2022 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$554M

Q3 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$73M-55.3% YoY

Gross Profit

-$6M-8.3% margin

Operating Income

-$28M-37.8% margin

Net Income

-$71M-97.4% margin

EPS (Diluted)

$-1.65

QoQ Revenue Growth

+13.8%

Cash Flow

Operating Cash Flow

-$106M

Free Cash Flow

-$107M

Stock-Based Comp.

$290,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.9B

Stockholders' Equity

$80M

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$163M	-55.3%
Gross Profit	-$6M	$13M	-146.3%
Operating Income	-$28M	-$19M	-47.9%
Net Income	-$71M	-$14M	-394.9%