JRVR Q2 2023 Earnings — James River Group Holdings, Ltd. Revenue & Financial Results | Market Cap Arena

JRVRJames River Group Holdings, Ltd.

$295M

Q2 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$195M+5.4% YoY

Gross Profit

$54M27.9% margin

Operating Income

$18M9.2% margin

Net Income

$16M8.2% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$22M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$4.6B

Stockholders' Equity

$741M

Cash & Equivalents

$227M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$185M	+5.4%
Gross Profit	$54M	$40M	+35.2%
Operating Income	$18M	$10M	+73.8%
Net Income	$16M	$8M	+107.6%

Revenue Segments

Excess And Surplus Lines

$176M74%

Casualty Reinsurance

$34M14%

Specialty Admitted Insurance

$28M12%

Corporate and Other

$322,0000%