Helios Underwriting plc (AIM: HUW)

Helios Underwriting Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total Investments	357.46	218.18	152.71	110.5	65.48	53.6
Cash & Equivalents	35.52	40.91	10.25	16.18	4.96	3.03
Reinsurance Recoverable	158.34	170.53	161.77	101.1	64.12	52.9
Other Receivables	291.32	109.37	87.96	50.73	31.04	25.61
Deferred Policy Acquisition Cost	39.38	32.29	24.99	13.62	7.73	6.64
Goodwill	-0.15	-0.32	-0.59	1.09	0.78	0.78
Other Intangible Assets	82.44	82.44	59.97	59.8	30.83	20.4
Restricted Cash	45.95	25.9	15.05	8.45	3.53	3.01
Other Current Assets	11.38	77.3	78.38	44.15	20.98	13.97
Total Assets	1,022	756.6	590.49	405.6	229.43	179.94
Accrued Expenses	18.26	11.72	7.49	4.7	3.29	6.32
Insurance & Annuity Liabilities	-	3.93	3.51	2.61	2.75	2.09
Unpaid Claims	401.59	309.19	272.02	186.65	113.37	95.62
Unearned Premiums	200.17	143.61	114.66	59.61	32.36	26.52
Reinsurance Payable	-	52.77	42.7	23.96	12.35	10.97
Current Portion of Long-Term Debt	-	-	-	-	4	2
Short-Term Debt	59.52	59.06	15	-	-	-
Current Income Taxes Payable	-	-	-	0.19	0.29	0.55
Long-Term Deferred Tax Liabilities	22.89	22.34	11.31	11.97	6.51	3.29
Other Current Liabilities	178.66	13.9	8.68	8.18	3.97	4.44
Total Liabilities	881.08	616.5	475.37	297.86	178.88	151.79
Common Stock	7.8	7.8	7.77	6.93	3.39	1.84
Additional Paid-In Capital	98.6	98.6	98.27	86.33	35.53	18.94
Retained Earnings	9.13	8.68	-2.16	5.25	7.7	7.42
Treasury Stock	-	-	-	-0.11	-0.05	-0.05
Comprensive Income & Other	25.03	25.03	11.24	9.35	3.98	-
Shareholders' Equity	140.55	140.1	115.12	107.75	50.55	28.15
Total Liabilities & Equity	1,022	756.6	590.49	405.6	229.43	179.94
Filing Date Shares Outstanding	73.65	74.19	76.22	67.79	33.01	17.49
Total Common Shares Outstanding	73.65	74.19	76.22	67.79	33.01	17.49
Total Debt	59.52	59.06	15	-	4	2
Net Cash (Debt)	-24.01	-18.14	-4.75	16.18	0.96	1.03
Net Cash Growth	-	-	-	1583.35%	-6.52%	97.31%
Net Cash Per Share	-0.31	-0.23	-0.07	0.28	0.05	0.06
Book Value Per Share	1.91	1.89	1.51	1.59	1.53	1.61
Tangible Book Value	58.27	57.98	55.74	46.86	18.95	6.97
Tangible Book Value Per Share	0.79	0.78	0.73	0.69	0.57	0.40

Source: S&P Capital IQ. Insurance template. Financial Sources.