American Coastal Insurance Corporation (ACIC)

ACIC Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	286.54	269.79	228.69	846.66	825.12
Revenue Growth (YoY)	6.21%	17.97%	-72.99%	2.61%	13.98%
Cost of Revenue	73.1	148.53	105.31	661.19	543.8
Gross Profit	213.44	121.26	123.38	185.46	281.31
Selling, General & Admin	112.84	137.6	124.62	308.06	304.26
Operating Expenses	112.84	137.6	124.62	308.06	304.26
Operating Income	100.61	-16.34	-1.24	-122.6	-22.94
Interest Expense / Income	10.88	9.48	9.3	9.58	9.78
Other Expense / Income	-229.95	419.51	54.07	0.88	0.27
Pretax Income	319.68	-445.33	-64.62	-133.06	-32.99
Income Tax	9.77	24.52	-6.7	-36.61	-3.12
Net Income	309.91	-469.86	-57.92	-96.45	-29.87
Shares Outstanding (Basic)	44	43	43	43	43
Shares Outstanding (Diluted)	44	43	43	43	43
Shares Change	3.10%	0.24%	0.20%	0.24%	-0.18%
EPS (Basic)	7.11	-10.91	-1.35	-2.25	-0.70
EPS (Diluted)	6.98	-10.91	-1.35	-2.25	-0.70
Free Cash Flow	-135.57	-154.92	-300.66	-21.32	127.12
Free Cash Flow Per Share	-3.11	-3.60	-7.00	-0.50	2.97
Dividend Per Share	-	0.060	0.240	0.240	0.240
Dividend Growth	-	-75.00%	0%	0%	0%
Gross Margin	74.49%	44.94%	53.95%	21.91%	34.09%
Operating Margin	35.11%	-6.06%	-0.54%	-14.48%	-2.78%
Profit Margin	108.16%	-174.16%	-25.33%	-11.39%	-3.62%
Free Cash Flow Margin	-47.31%	-57.42%	-131.47%	-2.52%	15.41%
Effective Tax Rate	3.06%	-	-	-	-
EBITDA	342.19	-406.91	-34.73	-106.01	-5.89
EBITDA Margin	119.42%	-150.83%	-15.19%	-12.52%	-0.71%
Depreciation & Amortization	11.63	28.94	20.58	17.47	17.32
EBIT	330.56	-435.85	-55.32	-123.48	-23.21
EBIT Margin	115.36%	-161.55%	-24.19%	-14.58%	-2.81%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).