AMSFAMERISAFE, Inc.

$617M

Q1 2020 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$79M-16.8% YoY

Gross Profit

$29M37.2% margin

Operating Income

$13M16.7% margin

Net Income

$11M13.6% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-13.9%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$15M

Stock-Based Comp.

$760,000

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.1B

Stockholders' Equity

$437M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$95M	-16.8%
Gross Profit	$29M	$39M	-24.8%
Operating Income	$13M	$24M	-44.4%
Net Income	$11M	$19M	-44.3%

AMSF Q1 2020 Earnings — AMERISAFE, Inc. Revenue & Financial Results | Market Cap Arena