GBLI Q2 2023 Earnings — Global Indemnity Group, LLC Revenue & Financial Results | Market Cap Arena

GBLIGlobal Indemnity Group, LLC

$419M

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$142M-4.0% YoY

Gross Profit

$17M11.8% margin

Operating Income

$12M8.3% margin

Net Income

$9M6.6% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$9M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.1B

Stockholders' Equity

$626M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$142M	$148M	-4.0%
Gross Profit	$17M	-$6M	+385.3%
Operating Income	$12M	-$13M	+191.6%
Net Income	$9M	-$12M	+176.8%

Revenue Segments

Commercial Specialty Segment

$94M72%

Reinsurance Operations

$30M23%

Exited Lines Segment

$6M5%