NODK Q1 2023 Earnings — NI Holdings, Inc. Revenue & Financial Results | Market Cap Arena

NODKNI Holdings, Inc.

$266M

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$82M+23.3% YoY

Gross Profit

$4M5.1% margin

Operating Income

-$6M-6.8% margin

Net Income

-$4M-5.2% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-12.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$505,000

Balance Sheet

Total Assets

$628M

Total Liabilities

$375M

Stockholders' Equity

$251M

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$66M	+23.3%
Gross Profit	$4M	$10M	-60.1%
Operating Income	-$6M	$3M	-311.5%
Net Income	-$4M	$2M	-320.5%