BOW Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Investments in Debt Securities	879.99	554.62	236.89
Other Investments	10	8.82	46.04
Total Investments	889.99	563.45	282.92
Cash & Equivalents	97.48	118.07	64.66
Reinsurance Recoverable	255.07	139.39	63.53
Other Receivables	71.78	44.58	30.72
Deferred Policy Acquisition Cost	27.63	19.41	13.67
Property, Plant & Equipment	10.85	8.1	7.15
Restricted Cash	124.58	1.7	15.99
Other Current Assets	152.57	116.73	74.54
Long-Term Deferred Tax Assets	20.34	14.23	11.28
Other Long-Term Assets	3.97	2.2	0.74
Total Assets	1,654	1,028	565.21
Accrued Expenses	18.01	14.9	12.03
Unearned Premiums	446.85	344.7	231.74
Reinsurance Payable	51.86	40.44	23.69
Current Portion of Leases	1.5	-	-
Current Income Taxes Payable	1.57	0.04	1.52
Long-Term Leases	2.81	0.7	1.2
Other Long-Term Liabilities	761.21	435	211.66
Total Liabilities	1,284	835.78	481.83
Common Stock	0.33	0.24	0.24
Additional Paid-In Capital	318.1	178.54	100.2
Retained Earnings	62.91	24.67	-0.38
Comprehensive Income & Other	-10.89	-11.37	-16.69
Shareholders' Equity	370.44	192.08	83.37
Total Liabilities & Equity	1,654	1,028	565.21
Filing Date Shares Outstanding	32.66	30.67	24
Total Common Shares Outstanding	32.66	24	24
Total Debt	4.31	0.7	1.2
Net Cash (Debt)	93.17	117.37	63.46
Net Cash Growth	-20.62%	84.95%	-
Net Cash Per Share	3.14	4.89	2.64
Book Value Per Share	11.34	8.00	3.47
Tangible Book Value	370.44	192.08	83.37
Tangible Book Value Per Share	11.34	8.00	3.47
Machinery	0.04	0.13	0.13
Leasehold Improvements	0.03	0.5	0.5

Source: S&P Capital IQ. Insurance template. Financial Sources.