SAFTSafety Insurance Group, Inc.

$1B

Q1 2019 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$217M+7.1% YoY

Gross Profit

$91M42.0% margin

Operating Income

$32M14.5% margin

Net Income

$30M13.8% margin

EPS (Diluted)

$1.95

QoQ Revenue Growth

+22.1%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$9M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$755M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$203M	+7.1%
Gross Profit	$91M	$65M	+39.8%
Operating Income	$32M	$9M	+243.7%
Net Income	$30M	$9M	+228.2%

SAFT Q1 2019 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena