Ategrity Specialty Insurance Company Holdings (ASIC)

ASIC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Premiums & Annuity Revenue	335.77	290.64	231.46
Total Interest & Dividend Income	37	24.05	11.37
Gain (Loss) on Sale of Investments	27.18	28.14	-2.27
Other Revenue	5.7	1.01	0.76
Total Revenue	405.66	343.83	241.32
Revenue Growth (YoY)	-	42.48%	-
Policy Benefits	198.3	175.23	154.11
Policy Acquisition & Underwriting Costs	108.84	98.57	72.16
Other Operating Expenses	1.11	0.23	0.2
Total Operating Expenses	309.76	275.53	226.46
Operating Income	95.9	68.31	14.86
Interest Expense	-1.75	-2.04	-2.24
Pretax Income	94.15	66.26	12.62
Income Tax Expense	18.77	12.32	2.52
Earnings From Continuing Ops.	75.38	53.95	10.1
Minority Interest in Earnings	-5.11	-6.86	-0.06
Net Income	70.27	47.09	10.05
Net Income to Common	70.27	47.09	10.05
Net Income Growth	-	368.65%	-
Shares Outstanding (Basic)	396	391	350
Shares Outstanding (Diluted)	397	391	350
Shares Change (YoY)	996.87%	11.66%	-
EPS (Basic)	0.18	0.12	0.03
EPS (Diluted)	0.17	0.12	0.03
EPS Growth	-	317.93%	-
Operating Margin	23.64%	19.87%	6.16%
Profit Margin	17.32%	13.70%	4.16%
EBITDA	96.96	69.01	15.09
EBITDA Margin	23.90%	20.07%	6.25%
D&A For EBITDA	1.05	0.7	0.23
EBIT	95.9	68.31	14.86
EBIT Margin	23.64%	19.87%	6.16%
Effective Tax Rate	19.93%	18.59%	19.95%
Revenue as Reported	405.66	343.83	241.32

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

SEC Filings: 10-K · 10-Q