OXBR

MKT CAP:$7M

Oxbridge Re Holdings Limited

Market Cap

$7M

Financial Services·Insurance - Reinsurance·🇰🇾 Cayman Islands·NASDAQ

Financials·Insurance·🇰🇾·NASDAQ

Stock Price

$0.82-$0.49 (-37.23%)

Apr 21, 2026

Company Details

Oxbridge Re Holdings Limited, together with its subsidiaries, provides specialty property and casualty reinsurance solutions. It underwrites reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast reg...

CEO

Sanjay Madhu

IPO Date

Mar 27, 2014

Website

www.oxbridgere.com

Key Metrics TTM

Revenue

$8M

-60.0% YoY

Net Income

$5M

EPS (Diluted)

$0.97

Free Cash Flow

-$401.0K

Revenue / Share

$1.35

Gross Margin

83.1%

Operating Margin

65.8%

Net Margin

65.8%

FCF Margin

-5.1%

P/S

0.9x

P/E

1.4x

Earnings Reports

Q2 2023

May 15, 2026

PENDING

FY 2023

Mar 26, 2024

-$7MEPS -$1.69

Q1 2023

May 12, 2023

$546.0KEPS $0.02

Q4 2022

Mar 30, 2023

$1MEPS $0.18

Q3 2022

Nov 14, 2022

-$696.0K-109.9%EPS -$0.37

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 15	$868.0K	$783.0K	$372.0K
Q1 16	$2M	$1M	$1M
Q2 16	$4M	$1M	$872.0K
Q3 16	$2M	$3M	$3M
Q4 16	$12M	-$2M	-$2M
Q1 17	$2M	$2M	$1M
Q2 17	$3M	$2M	$1M
Q3 17	$19M	-$23M	-$23M
Q4 17	$216.0K	$207.0K	-$24.0K
Q1 18	$115.0K	$107.0K	-$211.0K
Q1 19	$117.0K	$117.0K	-$147.0K
Q3 21	$7M	$7M	$7M
Q3 22	-$696.0K	-$2M	-$2M
Q4 22	$1M	$1M	$678.0K
Q1 23	$546.0K	$546.0K	$142.0K

Valuation

Quarter	P/S	P/E
Q4 15	—	—
Q1 16	—	—
Q2 16	—	—
Q3 16	3.6x	5.5x
Q4 16	1.9x	13.8x
Q1 17	2.0x	13.4x
Q2 17	1.8x	10.9x
Q3 17	0.6x	—
Q4 17	0.5x	—
Q1 18	0.6x	—
Q1 19	0.3x	—
Q3 21	2.3x	2.8x
Q3 22	2.1x	3.4x
Q4 22	1.9x	2.8x
Q1 23	1.3x	1.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 15	$2M	$2M
Q1 16	$3M	$3M
Q2 16	-$1M	-$1M
Q3 16	$27.0K	$17.0K
Q4 16	-$794.0K	-$794.0K
Q1 17	$12.0K	$12.0K
Q2 17	$3M	$3M
Q3 17	-$14M	-$14M
Q4 17	-$16M	-$16M
Q1 18	$319.0K	$319.0K
Q1 19	-$4M	-$4M
Q3 21	$98.0K	$98.0K
Q3 22	-$207.0K	-$207.0K
Q4 22	-$147.0K	-$147.0K
Q1 23	-$140.0K	-$145.0K

Capital Expenditures

Quarter	CapEx
Q4 15	$11.0K
Q1 16	$0
Q2 16	$1.0K
Q3 16	$10.0K
Q4 16	$0
Q1 17	$0
Q2 17	$6.0K
Q3 17	$0
Q4 17	$6.0K
Q1 18	$0
Q1 19	$0
Q3 21	$0
Q3 22	$0
Q4 22	$0
Q1 23	$5.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 16	+1263.4%	+2753.4%
Q1 17	+6.9%	-25.0%
Q2 17	-24.7%	-42.0%
Q3 17	+792.4%	+5262.9%
Q4 17	-98.2%	-98.3%
Q1 18	-93.0%	-10.9%
Q1 19	-95.6%	-82.9%
Q3 21	-63.6%	-98.9%
Q3 22	-422.2%	+508.8%
Q4 22	+805.2%	+11.3%
Q1 23	+366.7%	+53.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 15	$29.0K	3.3%
Q1 16	$30.0K	2.0%
Q2 16	$30.0K	0.8%
Q3 16	$30.0K	1.4%
Q4 16	$29.0K	0.2%
Q1 17	$31.0K	1.9%
Q2 17	$32.0K	1.2%
Q3 17	$32.0K	0.2%
Q4 17	$32.0K	14.8%
Q1 18	$31.0K	27.0%
Q1 19	$9.0K	7.7%
Q3 21	$13.0K	0.2%
Q3 22	$32.0K	—
Q4 22	$31.0K	3.0%
Q1 23	$54.0K	9.9%

OpEx Breakdown

Quarter	G&A	S&M
Q4 15	$411.0K	—
Q1 16	$364.0K	—
Q2 16	$377.0K	—
Q3 16	$346.0K	—
Q4 16	$333.0K	—
Q1 17	$335.0K	—
Q2 17	$390.0K	—
Q3 17	$370.0K	—
Q4 17	$231.0K	—
Q1 18	$318.0K	—
Q1 19	$264.0K	—
Q3 21	$280.0K	—
Q3 22	$323.0K	—
Q4 22	$308.0K	$55.0K
Q1 23	$326.0K	$78.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$3M	$0	$3M
Q2 22	$2M	$0	$2M
Q3 22	$2M	$0	$2M
Q4 22	$1M	$0	$1M
Q1 23	$729.0K	$0	$729.0K
Q2 23	$3M	$0	$3M
Q3 23	$2M	$0	$2M
Q4 23	$495.0K	$0	$495.0K
Q1 24	$532.0K	$0	$532.0K
Q2 24	$4M	$0	$4M
Q3 24	$1M	$0	$1M
Q4 24	$2M	$0	$2M
Q1 25	$5M	$0	$5M
Q2 25	$4M	$0	$4M
Q3 25	$726.0K	$0	$726.0K
Q4 25	$7M	$0	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 15	6M	—	—
Q1 16	6M	-2.3%	—
Q2 16	6M	-0.0%	—
Q3 16	6M	-0.5%	—
Q4 16	6M	-1.3%	-4.1%
Q1 17	6M	-0.9%	-2.8%
Q2 17	6M	-1.0%	-3.7%
Q3 17	6M	-1.0%	-4.1%
Q4 17	6M	-0.8%	-3.6%
Q1 18	6M	0.0%	-2.7%
Q1 19	6M	0.0%	-1.7%
Q3 21	6M	0.0%	-0.8%
Q3 22	6M	+0.8%	+0.8%
Q4 22	6M	-0.1%	+0.7%
Q1 23	6M	+1.4%	+2.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 15	$434.0K	2
Q1 16	$765.5K	2
Q2 16	$2M	2
Q3 16	$1M	2
Q4 16	$6M	2
Q1 17	$818.0K	2
Q2 17	$1M	2
Q3 17	$10M	2
Q4 17	$72.0K	3
Q1 18	$38.3K	3
Q1 19	$39.0K	3
Q3 21	$2M	3
Q3 22	-$232.0K	3
Q4 22	$260.2K	4
Q1 23	$136.5K	4

Revenue / Employee