AMSFAMERISAFE, Inc.

$634M

Q1 2025 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$73M-9.8% YoY

Gross Profit

$26M36.4% margin

Operating Income

$11M15.5% margin

Net Income

$9M12.3% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$896M

Stockholders' Equity

$261M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$81M	-9.8%
Gross Profit	$26M	$35M	-23.8%
Operating Income	$11M	$21M	-45.9%
Net Income	$9M	$17M	-47.1%

AMSF Q1 2025 Earnings — AMERISAFE, Inc. Revenue & Financial Results | Market Cap Arena