HCI Q1 2023 Earnings — HCI Group, Inc. Revenue & Financial Results | Market Cap Arena

HCIHCI Group, Inc.

$2B

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$128M+2.6% YoY

Gross Profit

$45M35.2% margin

Operating Income

$23M18.0% margin

Net Income

$15M11.9% margin

EPS (Diluted)

$1.54

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$99M

Free Cash Flow

$98M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.5B

Stockholders' Equity

$180M

Cash & Equivalents

$302M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$125M	+2.6%
Gross Profit	$45M	$23M	+95.1%
Operating Income	$23M	$4M	+478.3%
Net Income	$15M	$903,000	+1598.6%

Revenue Segments

H C P C I Insurance Operations

$65M82%

Real Estate Operations

$12M15%

Corporate and Other

$2M3%