OSG Q3 2024 Earnings — Octave Specialty Group, Inc. Revenue & Financial Results | Market Cap Arena

OSGOctave Specialty Group, Inc.

$255M

Q3 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$70M-2.8% YoY

Gross Profit

$34M48.7% margin

Operating Income

-$21M-29.7% margin

Net Income

-$28M-39.3% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

+37.2%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$49M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$7.4B

Stockholders' Equity

$1.5B

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$72M	-2.8%
Gross Profit	$34M	$138M	-75.3%
Operating Income	-$21M	$66M	-131.4%
Net Income	-$28M	$66M	-141.7%

Revenue Segments

Other Property

$2M100%