ACIC Q4 2023 Earnings — American Coastal Insurance Corporation Revenue & Financial Results | Market Cap Arena

ACICAmerican Coastal Insurance Corporation

$566M

Q4 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$58M-48.7% YoY

Gross Profit

$31M53.6% margin

Operating Income

$20M33.6% margin

Net Income

$14M24.5% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$49M

Stock-Based Comp.

$403,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$894M

Stockholders' Equity

$169M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$113M	-48.7%
Gross Profit	$31M	-$288M	+110.9%
Operating Income	$20M	-$296M	+106.6%
Net Income	$14M	-$297M	+104.8%