OSG FY 2023 Earnings — Octave Specialty Group, Inc. Revenue & Financial Results | Market Cap Arena

OSGOctave Specialty Group, Inc.

$255M

FY 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$125M+132.6% YoY

Gross Profit

$48M38.5% margin

Operating Income

-$24M-19.4% margin

Net Income

$4M2.9% margin

EPS (Diluted)

$0.18

Cash Flow

Operating Cash Flow

$200M

Free Cash Flow

$200M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$7.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$54M	+132.6%
Gross Profit	$48M	$24M	+97.0%
Operating Income	-$24M	-$36M	+32.2%
Net Income	$4M	$521M	-99.3%