Ategrity Specialty Insurance Company Holdings (ASIC)

ASIC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Premiums Earned	361.7	290.64	231.46
Investment Income	42.38	24.05	11.37
Net Gains on Investments	12.65	28.14	-2.27
Total Other Revenues	7.62	1.01	0.76
Revenue	424.34	343.83	241.32
Revenue Growth (YoY)	23.41%	42.48%	-
Insurance Benefits & Claims	212.15	175.23	154.11
Policy Amortization Costs	113.31	98.57	72.16
Operating Income	98.88	70.03	15.05
Interest Expense	-1.36	-2.04	-2.24
Other Non-Operating Income (Expense)	-1.61	-1.73	-0.2
Total Non-Operating Income (Expense)	-2.97	-3.77	-2.43
Pretax Income	95.91	66.26	12.62
Provision for Income Taxes	19.79	12.32	2.52
Net Income	74	47.09	10.05
Minority Interest in Earnings	2.13	6.86	0.06
Net Income to Common	74	47.09	10.05
Net Income Growth	57.15%	368.65%	-
Shares Outstanding (Basic)	45	37	32,827
Shares Outstanding (Diluted)	46	37	32,828
Shares Change (YoY)	26.16%	-99.89%	-
EPS (Basic)	1.64	1.28	0.32
EPS (Diluted)	1.58	1.28	0.32
EPS Growth	23.44%	300.25%	-
Free Cash Flow	147.19	125.61	85.71
Free Cash Flow Growth	17.18%	46.56%	-
Free Cash Flow Per Share	3.18	3.43	0.00
Operating Margin	23.30%	20.37%	6.24%
Profit Margin	17.94%	15.69%	4.19%
FCF Margin	34.69%	36.53%	35.52%
EBITDA	99.48	70.73	15.28
EBITDA Margin	23.44%	20.57%	6.33%
EBIT	98.88	70.03	15.05
EBIT Margin	23.30%	20.37%	6.24%
Effective Tax Rate	20.63%	18.59%	19.95%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q