Atlantic American Corporation (AAME)

Atlantic American Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	194.44	178.73	178.83	185.44	184.22	183.54
Total Interest & Dividend Income	9.93	9.79	10.06	9.93	8.53	7.74
Gain (Loss) on Sale of Investments	3.84	-0.31	-2.11	-7.53	6.8	3.99
Other Revenue	0.01	0.01	0.02	0.01	0.01	0.08
Total Revenue	208.22	188.23	186.79	187.85	199.55	195.35
Revenue Growth (YoY)	11.99%	0.77%	-0.56%	-5.87%	2.15%	-1.43%
Policy Benefits	132.37	125.83	122.5	123.46	131.69	119.88
Policy Acquisition & Underwriting Costs	49.8	48.03	46.12	46.71	47.5	46.81
Other Operating Expenses	16.33	16.21	15.47	13.63	13.68	11.55
Total Operating Expenses	198.5	190.07	184.09	183.8	192.87	178.24
Operating Income	9.72	-1.85	2.7	4.05	6.69	17.11
Interest Expense	-3.15	-3.42	-3.27	-1.95	-1.39	-1.61
EBT Excluding Unusual Items	6.57	-5.26	-0.57	2.1	5.3	15.5
Pretax Income	6.57	-5.26	-0.57	2.1	5.3	15.5
Income Tax Expense	1.46	-1	-0.39	0.57	1.02	3.33
Net Income	5.11	-4.27	-0.17	1.53	4.28	12.17
Preferred Dividends & Other Adjustments	0.4	0.4	0.4	0.4	0.4	0.4
Net Income to Common	4.71	-4.67	-0.57	1.13	3.88	11.77
Net Income Growth	-	-	-	-64.38%	-64.82%	-
Shares Outstanding (Basic)	20	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20	22
Shares Change (YoY)	-0.02%	-0.02%	0.07%	-	-6.55%	7.71%
EPS (Basic)	0.23	-0.23	-0.03	0.06	0.19	0.58
EPS (Diluted)	0.23	-0.23	-0.03	0.06	0.19	0.56
EPS Growth	-	-	-	-70.94%	-65.93%	-
Free Cash Flow	24.25	4.58	2.54	6.33	0.98	8.74
Free Cash Flow Per Share	1.19	0.22	0.13	0.31	0.05	0.40
Dividend Per Share	0.020	0.020	0.020	0.020	0.020	0.020
Operating Margin	4.67%	-0.98%	1.45%	2.15%	3.35%	8.76%
Profit Margin	2.26%	-2.48%	-0.30%	0.60%	1.94%	6.02%
Free Cash Flow Margin	11.64%	2.43%	1.36%	3.37%	0.49%	4.47%
EBITDA	10.07	-1.48	3.36	4.94	7.69	18.09
EBITDA Margin	4.83%	-0.79%	1.80%	2.63%	3.85%	9.26%
D&A For EBITDA	0.35	0.37	0.65	0.89	1	0.98
EBIT	9.72	-1.85	2.7	4.05	6.69	17.11
EBIT Margin	4.67%	-0.98%	1.45%	2.15%	3.35%	8.76%
Effective Tax Rate	22.21%	-	-	27.24%	19.26%	21.51%
Revenue as Reported	208.22	188.23	186.79	187.85	199.55	195.35

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q