Accelerant Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	584	542.8	306.9	220	101.2
Other Revenue	21.5	19	17.3	0.3	-
Revenue	605.5	561.8	324.2	220.3	101.2
Revenue Growth (YoY)	114.87%	73.29%	47.16%	117.69%	-
Cost of Revenue	259.5	248.7	130.2	134.5	39.7
Gross Profit	346	313.1	194	85.8	61.5
Selling, General & Admin	250.9	227.5	169.2	115.6	65.5
Research & Development	13.8	13.4	8.5	8.2	2.2
Other Operating Expenses	35.8	32	46.3	28.8	-
Operating Expenses	334.7	304.4	243.3	158.4	69.4
Operating Income	11.3	8.7	-49.3	-72.6	-7.9
Interest Expense	-20.3	-19.1	-10.9	-4.2	-2.9
Interest & Investment Income	43.2	38.9	19.3	2.6	-
Currency Exchange Gain (Loss)	1	5.1	-3.5	-1.4	2.5
Other Non Operating Income (Expenses)	-	-	-	-	-3.6
EBT Excluding Unusual Items	35.2	33.6	-44.4	-75.6	-11.9
Merger & Restructuring Charges	-	-	-	-4.8	-7.6
Gain (Loss) on Sale of Investments	3.8	1.9	0.5	-3.9	-0.6
Asset Writedown	-3.5	-3.5	-	-	-
Pretax Income	35.5	32	-43.9	-84.3	-20.1
Income Tax Expense	6.9	9.1	20.2	11.3	4.3
Earnings From Continuing Operations	28.6	22.9	-64.1	-95.6	-24.4
Minority Interest in Earnings	-2	4.3	15.3	3.9	2.9
Net Income	26.6	27.2	-48.8	-91.7	-21.5
Net Income to Common	26.6	27.2	-48.8	-91.7	-21.5
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	21.51%	20.57%	-	-	-
EPS (Basic)	13.40	13.71	-24.66	-46.33	-10.86
EPS (Diluted)	11.07	11.40	-24.66	-46.33	-10.86
Gross Margin	57.14%	55.73%	59.84%	38.95%	60.77%
Operating Margin	1.87%	1.55%	-15.21%	-32.95%	-7.81%
Profit Margin	4.39%	4.84%	-15.05%	-41.63%	-21.25%
EBITDA	36.9	31.8	-34.8	-66.8	-6.3
EBITDA Margin	6.09%	5.66%	-10.73%	-30.32%	-6.22%
D&A For EBITDA	25.6	23.1	14.5	5.8	1.6
EBIT	11.3	8.7	-49.3	-72.6	-7.9
EBIT Margin	1.87%	1.55%	-15.21%	-32.95%	-7.81%
Effective Tax Rate	19.44%	28.44%	-	-	-
Revenue as Reported	652.5	602.6	344	219	100.6

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

SEC Filings: 10-K · 10-Q