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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	181.09	178.73	178.83	185.44	184.22	183.54
Total Interest & Dividend Income	9.68	9.79	10.06	9.93	8.53	7.74
Gain (Loss) on Sale of Investments	0.58	-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	191.36	188.23	186.79	187.85	199.55	195.35
Revenue Growth (YoY)	2.04%	0.77%	-0.56%	-5.87%	2.15%	-1.43%
Policy Benefits	125.82	125.83	122.5	123.46	131.69	119.88
Policy Acquisition & Underwriting Costs	47.04	48.03	46.12	46.71	47.5	46.81
Other Operating Expenses	16.88	16.21	15.47	13.63	13.68	11.55
Total Operating Expenses	189.74	190.07	184.09	183.8	192.87	178.24
Operating Income	1.62	-1.85	2.7	4.05	6.69	17.11
Interest Expense	-3.34	-3.42	-3.27	-1.95	-1.39	-1.61
EBT Excluding Unusual Items	-1.72	-5.26	-0.57	2.1	5.3	15.5
Pretax Income	-1.72	-5.26	-0.57	2.1	5.3	15.5
Income Tax Expense	-0.26	-1	-0.39	0.57	1.02	3.33
Net Income	-1.47	-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	-1.87	-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)	-0.09	-0.23	-0.03	0.06	0.19	0.58
EPS (Diluted)	-0.09	-0.23	-0.03	0.06	0.19	0.56
EPS Growth	-	-	-	-70.94%	-65.93%	-
Free Cash Flow	8.95	4.58	2.54	6.33	0.98	8.74
Free Cash Flow Per Share	0.44	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	0.84%	-0.98%	1.45%	2.15%	3.35%	8.76%
Profit Margin	-0.98%	-2.48%	-0.30%	0.60%	1.94%	6.02%
Free Cash Flow Margin	4.68%	2.43%	1.36%	3.37%	0.49%	4.47%
EBITDA	1.95	-1.48	3.36	4.94	7.69	18.09
EBITDA Margin	1.02%	-0.79%	1.80%	2.63%	3.85%	9.26%
D&A For EBITDA	0.33	0.37	0.65	0.89	1	0.98
EBIT	1.62	-1.85	2.7	4.05	6.69	17.11
EBIT Margin	0.84%	-0.98%	1.45%	2.15%	3.35%	8.76%
Effective Tax Rate	-	-	-	27.24%	19.26%	21.51%
Revenue as Reported	191.36	188.23	186.79	187.85	199.55	195.35

Updated Mar 25, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q