First Mutual Holdings Limited (ZMSE:FML)

First Mutual Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	31.2	30.45	28.99	163.36	7.8	0.58
Investments in Equity & Preferred Securities	3.33	3.15	1.54	16.65	5	1.09
Other Investments	1.02	1.06	0.62	9.14	0.86	-
Total Investments	241.21	217.28	203.11	4,226	413.99	90.48
Cash & Equivalents	24.28	19.5	16.15	325.42	51.7	9.47
Reinsurance Recoverable	20.15	21.34	18.2	310.53	-	-
Other Receivables	7.22	9.96	10.29	238.58	36.35	7.76
Deferred Policy Acquisition Cost	-	-	-	-	4.12	0.75
Property, Plant & Equipment	7.11	6.24	5.87	110.16	7.43	1.53
Goodwill	0.23	0.23	0.23	4.14	0.47	0.08
Other Intangible Assets	0.48	0.52	0.04	0.58	0.14	0.05
Other Current Assets	1.98	2.25	0.53	23.42	2.98	0.95
Long-Term Deferred Tax Assets	3.33	3.49	2.12	42.91	2.28	0.33
Total Assets	305.98	280.8	256.54	5,282	519.45	111.41

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.85	0.61	0.17	2.43	0.83	0.11
Accrued Expenses	3.74	3.21	3.62	74.57	7.53	0.74
Insurance & Annuity Liabilities	123.55	118.36	106.59	2,411	39.25	9.32
Unpaid Claims	-	-	-	-	10.79	2.35
Unearned Premiums	-	-	-	-	22.2	6.41
Reinsurance Payable	-	-	-	-	15.12	1.87
Current Portion of Leases	0.32	0.36	0.18	4.59	0.15	0.01
Short-Term Debt	-	-	-	-	-	0.52
Current Income Taxes Payable	1.12	0.86	0.81	10.73	1.25	0.3
Long-Term Debt	4.96	6.75	8.23	94.41	5.21	-
Long-Term Leases	0.74	0.56	0.28	7.1	0.23	0.03
Long-Term Deferred Tax Liabilities	17.53	17.35	17.2	224.15	45.81	10.16
Other Current Liabilities	9.34	11.71	10.56	157.65	20.04	3.44
Other Long-Term Liabilities	23.69	18.3	17.48	177.96	142.75	34.44
Total Liabilities	185.83	178.05	165.12	3,165	311.16	69.71

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.34	0.34	0.34	6.18	1.28	0.37
Additional Paid-In Capital	6.73	6.73	6.73	123.93	25.77	7.49
Retained Earnings	54.38	40.18	29.72	781.62	85.46	12.94
Comprehensive Income & Other	16.58	16.59	17.52	176.05	-2.53	2.32
Total Common Equity	78.03	63.84	54.31	1,088	109.98	23.13
Minority Interest	42.12	38.91	37.11	1,029	98.31	18.57
Shareholders' Equity	120.15	102.75	91.41	2,117	208.29	41.7
Total Liabilities & Equity	305.98	280.8	256.54	5,282	519.45	111.41

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	-	611.28	731.72	731.72	731.72	731
Total Common Shares Outstanding	-	611.28	731.72	731.72	731.72	731
Total Debt	6.02	7.67	8.69	106.11	5.6	0.56
Net Cash (Debt)	18.26	11.83	7.46	219.31	46.1	8.91
Net Cash Growth	-33.52%	58.63%	-96.60%	375.71%	417.66%	8.46%
Net Cash Per Share	0.03	0.02	0.01	0.30	0.06	0.01
Book Value Per Share	-	0.10	0.07	1.49	0.15	0.03
Tangible Book Value	77.33	63.1	54.04	1,083	109.38	23
Tangible Book Value Per Share	-	0.10	0.07	1.48	0.15	0.03
Land	-	-	-	13.02	2.71	0.4
Machinery	-	-	-	121.64	13.2	3.23

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 12, 2026

Data Sources Report a data error