Conduit Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	1,707	1,491	1,192	983.8	999.5	-
Total Investments	1,754	1,526	1,238	1,022	1,008	-
Cash & Equivalents	227.7	313.2	199.8	112.9	67.5	1,054
Reinsurance Recoverable	87.1	48.9	42.7	67.3	50	-
Other Receivables	14.5	12.4	8.5	5.5	158.7	-
Deferred Policy Acquisition Cost	-	-	-	-	44.6	-
Property, Plant & Equipment	1	1.4	2.1	2.2	2.9	-
Other Intangible Assets	-	-	-	1.4	1.1	0.2
Other Long-Term Assets	4.8	4	4.7	3.6	1.6	1.1
Total Assets	2,089	1,906	1,496	1,215	1,335	1,055
Insurance & Annuity Liabilities	-	-	-	-	171.6	-
Unearned Premiums	-	-	-	-	152.8	-
Reinsurance Payable	1,069	834.5	494.5	336.3	7.3	-
Current Portion of Leases	-	0.8	0.8	0.6	0.6	-
Long-Term Leases	1.2	0.8	1.5	1.8	2.3	-
Other Current Liabilities	12.7	18.9	12	8.7	19	-
Other Long-Term Liabilities	-	-	-	-	-	2.5
Total Liabilities	1,083	855	508.8	347.4	353.6	2.5
Common Stock	1.7	1.7	1.7	1.7	1.7	1.7
Additional Paid-In Capital	-	-	-	1,058	1,055	1,055
Retained Earnings	-18.1	25.1	-41	-172.5	-76.3	-4.6
Treasury Stock	-42.7	-40.6	-32.9	-20.1	-0.2	-
Comprehensive Income & Other	1,066	1,065	1,060	-	0.6	0.3
Shareholders' Equity	1,007	1,051	987.4	867.2	981.2	1,053
Total Liabilities & Equity	2,089	1,906	1,496	1,215	1,335	1,055
Filing Date Shares Outstanding	157	156.98	158.06	160.14	165.21	165.24
Total Common Shares Outstanding	157	156.98	158.06	160.14	165.21	165.24
Total Debt	1.2	1.6	2.3	2.4	2.9	-
Net Cash (Debt)	226.5	311.6	197.5	110.5	64.6	1,054
Net Cash Growth	-12.31%	57.77%	78.73%	71.05%	-93.87%	-
Net Cash Per Share	1.43	1.97	1.23	0.68	0.39	6.38
Book Value Per Share	6.41	6.70	6.25	5.42	5.94	6.37
Tangible Book Value	1,007	1,051	987.4	865.8	980.1	1,053
Tangible Book Value Per Share	6.41	6.70	6.25	5.41	5.93	6.37

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.