ACIC Q3 2024 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$566M

Q3 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$82M+56.4% YoY

Gross Profit

$49M60.2% margin

Operating Income

$37M44.5% margin

Net Income

$28M34.2% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+19.6%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$9M

Stock-Based Comp.

$695,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$884M

Stockholders' Equity

$260M

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$53M	+56.4%
Gross Profit	$49M	$29M	+69.8%
Operating Income	$37M	$18M	+102.2%
Net Income	$28M	$11M	+166.1%