SAFT Q1 2022 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q1 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$192M-11.6% YoY

Gross Profit

$69M35.9% margin

Operating Income

$10M5.3% margin

Net Income

$8M4.1% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-12.3%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.1B

Stockholders' Equity

$862M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192M	$217M	-11.6%
Gross Profit	$69M	$106M	-34.9%
Operating Income	$10M	$45M	-77.7%
Net Income	$8M	$36M	-78.3%