DGICA Q1 2023 Earnings — Donegal Group Inc. Revenue & Financial Results | Market Cap Arena

DGICADonegal Group Inc.

$624M

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$225M+8.2% YoY

Gross Profit

$49M21.7% margin

Operating Income

$6M2.8% margin

Net Income

$5M2.3% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

-$680,734

Free Cash Flow

-$725,434

Stock-Based Comp.

$251,773

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.8B

Stockholders' Equity

$494M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$225M	$208M	+8.2%
Gross Profit	$49M	$208M	-76.5%
Operating Income	$6M	$16M	-61.2%
Net Income	$5M	$13M	-60.4%