Ategrity Specialty Insurance Company Holdings (ASIC)

ASIC Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	94.86	76.13	53.95	10.1
Depreciation & Amortization	-	0.59	0.7	0.23
Stock-Based Compensation	-	1.02	2.01	0.03
Other Adjustments	-	-32.84	-39.24	-6.97
Changes in Receivables	-	-21.74	-4.4	-6.17
Changes in Reinsurance Contract Assets	-	-21.91	-41.81	-0.16
Changes in Deferred Acquisition Costs	-	-8.65	1.69	-3.6
Changes in Accounts Payable	-	-2.5	41.65	5.69
Changes in Unearned Premiums	-	69.04	38.92	38.43
Changes in Claims Reserves	-	98.67	82.64	44.5
Changes in Income Taxes Payable	-	-10.21	17.64	8.85
Changes in Other Operating Activities	-	-0.41	-28.14	-5.23
Operating Cash Flow	168.27	147.19	125.61	85.71
Operating Cash Flow Growth	50.73%	17.18%	46.56%	-
Purchases of Intangible Assets	-3.06	-	-	-
Purchases of Investments	-652.96	-580.42	-480.63	-195.35
Proceeds from Sale of Investments	430.81	405.73	117.52	209.92
Other Investing Activities	-52.46	-99.47	-0.16	-0.07
Investing Cash Flow	-274.6	-274.15	-363.27	14.51
Issuance of Common Stock	113.08	144.45	-	35
Repurchase of Common Stock	-1.37	-2.74	-	-
Net Common Stock Issued (Repurchased)	111.71	141.71	-	35
Common Dividends Paid	-2.08	-6.86	-0.41	-2.73
Other Financing Activities	-3.34	-4.74	-	-
Financing Cash Flow	114.89	130.11	-0.41	32.28
Net Cash Flow	8.55	3.15	-238.07	132.49
Free Cash Flow	168.27	147.19	125.61	85.71
Free Cash Flow Growth	14.32%	17.18%	46.56%	-
FCF Margin	35.79%	34.69%	36.53%	35.52%
Free Cash Flow Per Share	3.49	3.18	3.43	0.00
Levered Free Cash Flow	91.01	99.95	77.75	54.26
Unlevered Free Cash Flow	97.13	104.44	87.67	56.26

Updated May 7, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q