First Acceptance Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Net Income	26.29	73.91	-17.49	-	-
Depreciation & Amortization	1.29	2.55	3.32	-	-
Gain (Loss) on Sale of Assets	-	-73.03	-	-	-
Gain (Loss) on Sale of Investments	-1.65	-2.34	1.06	-	-
Stock-Based Compensation	0.94	0.34	0.28	-	-
Change in Accounts Receivable	-5.75	-55.37	-39.22	-	-
Reinsurance Recoverable	-28.57	-	-	-	-
Change in Unearned Revenue	3.65	60.55	39.44	-	-
Change in Income Taxes	-2.58	-	-	-	-
Change in Insurance Reserves / Liabilities	75.1	58.25	13.82	-	-
Change in Other Net Operating Assets	-44.35	4.21	3.88	-	-
Other Operating Activities	-10.63	17.62	-4.78	-	-
Operating Cash Flow	52.12	84.28	-3.71	-	-
Operating Cash Flow Growth	-38.16%	-	-	-	-
Capital Expenditures	-0.32	-1.34	-4.21	-	-
Investment in Securities	-110.57	-77.26	-4.83	-	-
Other Investing Activities	35.36	54.94	1.64	-	-
Investing Cash Flow	-75.53	-23.66	-7.41	-	-
Issuance of Common Stock	0.19	0.12	0.11	-	-
Repurchases of Common Stock	-0.64	-0.03	-0.76	-	-
Financing Cash Flow	-0.45	0.08	-0.64	-	-
Net Cash Flow	-23.86	60.71	-11.75	-	-
Free Cash Flow	51.79	82.94	-7.92	-	-
Free Cash Flow Growth	-37.55%	-	-	-	-
Free Cash Flow Margin	9.26%	17.01%	-2.62%	-	-
Free Cash Flow Per Share	1.32	2.16	-0.21	-	-
Cash Interest Paid	3.8	3.7	2	-	-
Cash Income Tax Paid	17.5	0.9	-	-	-
Levered Free Cash Flow	17.56	-	-	-	-
Unlevered Free Cash Flow	20	-	-	-	-
Change in Working Capital	35.86	65.24	13.9	-	-

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