Conifer Holdings, Inc. (CNFR)

Conifer Holdings Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	98.76	104.89	115.96	103.49	96
Revenue Growth (YoY)	-5.85%	-9.55%	12.05%	7.80%	-2.95%
Cost of Revenue	82.41	81.44	69.86	56.23	59.74
Gross Profit	16.35	23.45	46.1	47.26	36.25
Selling, General & Admin	20.89	22.18	28.45	26.11	24.91
Other Operating Expenses	17.89	18.79	16.51	18.47	17.58
Operating Expenses	38.78	40.97	44.96	44.57	42.49
Operating Income	-22.44	-17.52	1.14	2.69	-6.24
Interest Expense / Income	3.21	2.97	2.85	2.93	2.88
Other Expense / Income	0.25	-0.37	-0.82	-0.84	-0.39
Pretax Income	-25.9	-20.12	-0.89	0.6	-8.74
Income Tax	0.01	-9.44	0.21	0.01	-0.91
Net Income	-25.9	-10.68	-1.09	0.6	-7.82
Preferred Dividends	-0.02	0	0	0	0
Net Income Common	-25.89	-10.68	-1.09	0.6	-7.82
Shares Outstanding (Basic)	12	11	10	10	9
Shares Outstanding (Diluted)	12	11	10	10	9
Shares Change	14.29%	10.32%	0.70%	8.39%	3.94%
EPS (Basic)	-2.12	-1.00	-0.11	0.06	-0.88
EPS (Diluted)	-2.12	-1.00	-0.11	0.06	-0.88
Free Cash Flow	-11.06	-40.47	5.36	2.98	15.36
Free Cash Flow Per Share	-0.91	-3.79	0.55	0.31	1.73
Gross Margin	16.55%	22.36%	39.76%	45.67%	37.77%
Operating Margin	-22.72%	-16.70%	0.98%	2.60%	-6.50%
Profit Margin	-26.21%	-10.18%	-0.94%	0.57%	-8.15%
Free Cash Flow Margin	-11.20%	-38.59%	4.62%	2.88%	16.00%
Effective Tax Rate	-	-	-	1.00%	-
EBITDA	-23.02	-16.41	2.91	4.62	-4.83
EBITDA Margin	-23.30%	-15.65%	2.51%	4.46%	-5.03%
Depreciation & Amortization	-0.33	0.74	0.95	1.09	1.02
EBIT	-22.69	-17.15	1.97	3.53	-5.85
EBIT Margin	-22.97%	-16.35%	1.70%	3.41%	-6.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).