First Acceptance Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	443.54	491.78	397.17	230.53	285.25
Total Interest & Dividend Income	22.66	19.31	10.3	3.9	-
Gain (Loss) on Sale of Investments	-	-	-	-1.07	-
Other Revenue	40.14	48.34	80.07	68.94	-
Total Revenue	506.34	559.43	487.54	302.3	285.25
Revenue Growth (YoY)	-9.49%	14.74%	61.28%	5.98%	5.81%
Policy Benefits	305.45	361.77	276.46	181.26	287.83
Depreciation & Amortization	1.09	1.29	2.55	3.32	-
Selling, General & Administrative	155.73	157.13	177.6	136.15	-
Other Operating Expenses	1	0.98	0.78	-	-
Total Operating Expenses	464.32	522.11	457.73	321.01	287.83
Operating Income	42.02	37.32	29.82	-18.72	-2.58
Interest Expense	-3.5	-3.9	-3.82	-2.39	-
Other Non Operating Income (Expenses)	-	-	-	-0.93	-
EBT Excluding Unusual Items	38.52	33.42	26	-22.03	-2.58
Gain (Loss) on Sale of Assets	-	-	73.03	-	-
Pretax Income	38.52	33.42	99.03	-22.03	-2.58
Income Tax Expense	8.3	7.13	25.12	-4.55	-1.35
Net Income	30.23	26.29	73.91	-17.49	-1.23
Net Income to Common	30.23	26.29	73.91	-17.49	-1.23
Net Income Growth	14.97%	-64.43%	-	-	-
Shares Outstanding (Basic)	37	38	38	38	38
Shares Outstanding (Diluted)	38	39	38	38	38
Shares Change (YoY)	-3.05%	1.79%	1.63%	-0.93%	-2.47%
EPS (Basic)	0.82	0.69	1.94	-0.46	-0.03
EPS (Diluted)	0.80	0.67	1.92	-0.46	-0.03
EPS Growth	19.40%	-65.10%	-	-	-
Free Cash Flow	45.68	51.79	82.94	-7.92	-
Free Cash Flow Per Share	1.21	1.32	2.16	-0.21	-
Operating Margin	8.30%	6.67%	6.12%	-6.19%	-0.91%
Profit Margin	5.97%	4.70%	15.16%	-5.79%	-0.43%
Free Cash Flow Margin	9.02%	9.26%	17.01%	-2.62%	-
EBITDA	43.11	38.61	32.36	-15.39	-
EBITDA Margin	8.51%	6.90%	6.64%	-5.09%	-
D&A For EBITDA	1.09	1.29	2.55	3.32	-
EBIT	42.02	37.32	29.82	-18.72	-2.58
EBIT Margin	8.30%	6.67%	6.12%	-6.19%	-0.91%
Effective Tax Rate	21.53%	21.33%	25.37%	-	-
Revenue as Reported	506.34	559.43	560.58	302.3	-

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