First Acceptance Income Statement

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	Mar '25 Mar 31, 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
Premiums & Annuity Revenue	471.61	491.78	397.17	230.53	285.25	269.58
Total Interest & Dividend Income	18.35	18.35	8.65	3.9	-	-
Gain (Loss) on Sale of Investments	0.96	0.96	1.65	-1.07	-	-
Other Revenue	48.34	48.34	80.07	68.94	-	-
Total Revenue	539.25	559.43	487.54	302.3	285.25	269.58
Revenue Growth (YoY)	-11.30%	14.74%	61.28%	5.98%	5.81%	-7.90%
Policy Benefits	346.75	361.77	276.46	181.26	287.83	255.94
Depreciation & Amortization	1.29	1.29	2.55	3.32	-	-
Selling, General & Administrative	157.13	157.13	177.6	136.15	-	-
Total Operating Expenses	506.11	521.13	456.95	321.01	287.83	255.94
Operating Income	33.14	38.3	30.6	-18.72	-2.58	13.64
Interest Expense	-3.9	-3.9	-3.82	-2.39	-	-
Other Non Operating Income (Expenses)	-0.98	-0.98	-0.78	-0.93	-	-
EBT Excluding Unusual Items	28.26	33.42	26	-22.03	-2.58	13.64
Gain (Loss) on Sale of Assets	-	-	73.03	-	-	-
Pretax Income	28.26	33.42	99.03	-22.03	-2.58	13.64
Income Tax Expense	5.99	7.13	25.12	-4.55	-1.35	3.22
Net Income	22.27	26.29	73.91	-17.49	-1.23	10.42
Net Income to Common	22.27	26.29	73.91	-17.49	-1.23	10.42
Net Income Growth	-72.05%	-64.43%	-	-	-	-32.16%
Shares Outstanding (Basic)	38	38	38	38	38	39
Shares Outstanding (Diluted)	39	39	38	38	38	39
Shares Change (YoY)	1.29%	1.79%	1.63%	-0.93%	-2.47%	-6.67%
EPS (Basic)	0.58	0.69	1.94	-0.46	-0.03	0.27
EPS (Diluted)	0.57	0.67	1.92	-0.46	-0.03	0.27
EPS Growth	-72.30%	-65.10%	-	-	-	-27.31%
Free Cash Flow	-	51.79	82.94	-7.92	-	-
Free Cash Flow Per Share	-	1.32	2.16	-0.21	-	-
Operating Margin	6.14%	6.85%	6.28%	-6.19%	-0.91%	5.06%
Profit Margin	4.13%	4.70%	15.16%	-5.79%	-0.43%	3.86%
Free Cash Flow Margin	-	9.26%	17.01%	-2.62%	-	-
EBITDA	34.12	39.59	33.14	-15.39	-	-
EBITDA Margin	6.33%	7.08%	6.80%	-5.09%	-	-
D&A For EBITDA	0.98	1.29	2.55	3.32	-	-
EBIT	33.14	38.3	30.6	-18.72	-2.58	13.64
EBIT Margin	6.14%	6.85%	6.28%	-6.19%	-0.91%	5.06%
Effective Tax Rate	21.20%	21.33%	25.37%	-	-	23.62%
Revenue as Reported	559.43	559.43	560.58	302.3	-	-

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