AMSF Q1 2024 Earnings — AMERISAFE, Inc. Revenue & Financial Results | Market Cap Arena

AMSFAMERISAFE, Inc.

$634M

Q1 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$81M+2.6% YoY

Gross Profit

$35M43.0% margin

Operating Income

$21M25.8% margin

Net Income

$17M21.0% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$688,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$942M

Stockholders' Equity

$301M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$78M	+2.6%
Gross Profit	$35M	$34M	+2.9%
Operating Income	$21M	$22M	-3.7%
Net Income	$17M	$17M	-2.4%