GBLI Q2 2022 Earnings — Global Indemnity Group, LLC Revenue & Financial Results | Market Cap Arena

GBLIGlobal Indemnity Group, LLC

$407M

Q2 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$148M-10.1% YoY

Gross Profit

-$6M-4.0% margin

Operating Income

-$13M-8.6% margin

Net Income

-$12M-8.2% margin

EPS (Diluted)

$-0.84

QoQ Revenue Growth

+13.3%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$21M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$641M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$164M	-10.1%
Gross Profit	-$6M	$16M	-136.1%
Operating Income	-$13M	$7M	-277.1%
Net Income	-$12M	$6M	-290.8%

Revenue Segments

Commercial Specialty Segment

$95M61%

Reinsurance Operations

$39M25%

Exited Lines Segment

$22M14%