JRVR Q1 2023 Earnings — James River Group Holdings, Ltd. Revenue & Financial Results | Market Cap Arena

JRVRJames River Group Holdings, Ltd.

$295M

Q1 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$192M-5.1% YoY

Gross Profit

$49M25.3% margin

Operating Income

$11M5.8% margin

Net Income

$10M5.0% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-15.1%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$18M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.5B

Stockholders' Equity

$736M

Cash & Equivalents

$200M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192M	$202M	-5.1%
Gross Profit	$49M	$44M	+11.5%
Operating Income	$11M	$14M	-18.4%
Net Income	$10M	$10M	-5.9%

Revenue Segments

Excess And Surplus Lines

$167M71%

Casualty Reinsurance

$44M19%

Specialty Admitted Insurance

$25M10%

Corporate and Other

$574,0000%