GBLI Q3 2023 Earnings — Global Indemnity Group, LLC Revenue & Financial Results | Market Cap Arena

GBLIGlobal Indemnity Group, LLC

$407M

Q3 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$126M-35.2% YoY

Gross Profit

$15M11.7% margin

Operating Income

$9M7.5% margin

Net Income

$8M6.1% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-11.2%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$23M

Stock-Based Comp.

$989,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.1B

Stockholders' Equity

$631M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$126M	$195M	-35.2%
Gross Profit	$15M	$45M	-67.4%
Operating Income	$9M	$31M	-69.7%
Net Income	$8M	$24M	-67.6%

Revenue Segments

Commercial Specialty Segment

$84M75%

Reinsurance Operations

$27M24%

Exited Lines Segment

$1M1%