AMSF Q2 2023 Earnings — AMERISAFE, Inc. Revenue & Financial Results | Market Cap Arena

AMSFAMERISAFE, Inc.

$634M

Q2 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$76M+11.2% YoY

Gross Profit

$34M45.2% margin

Operating Income

$20M25.9% margin

Net Income

$16M20.7% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$430,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$958M

Stockholders' Equity

$341M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$68M	+11.2%
Gross Profit	$34M	$22M	+53.5%
Operating Income	$20M	$7M	+174.7%
Net Income	$16M	$6M	+154.8%