Greenlight Capital Re, Ltd. (GLRE)

Greenlight Capital Re Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	703.41	667.08	526.68	588.55	484.09	538.15
Revenue Growth (YoY)	28.21%	26.66%	-10.51%	21.58%	-10.05%	194.03%
Cost of Revenue	372.61	360	316.49	374.98	337.83	388.49
Gross Profit	330.8	307.08	210.2	213.57	146.26	149.67
Selling, General & Admin	213.03	212.12	174.75	174.33	135.69	146.91
Other Operating Expenses	3.43	2.69	6.72	11.66	0	0
Operating Expenses	216.46	214.8	181.47	185.98	135.69	146.91
Operating Income	114.34	92.27	28.73	27.59	10.57	2.76
Interest Expense / Income	5.82	5.34	4.2	6.26	6.28	6.26
Pretax Income	108.53	86.93	24.53	21.32	4.29	-3.5
Income Tax	0.57	0.1	-0.82	3.75	0.42	0.48
Net Income	107.96	86.83	25.34	17.58	3.87	-3.99
Net Income Growth	192.14%	242.63%	44.17%	354.68%	-	-
Shares Outstanding (Basic)	34	34	34	34	36	36
Shares Outstanding (Diluted)	35	35	40	34	36	36
Shares Change	-9.36%	-12.50%	15.77%	-5.31%	0.55%	0.36%
EPS (Basic)	3.17	2.55	0.75	0.51	0.11	-0.11
EPS (Diluted)	3.00	2.50	0.73	0.51	0.11	-0.11
EPS Growth	203.03%	242.47%	43.14%	363.64%	-	-
Free Cash Flow	26.73	7.51	-31.8	-56.3	-91.32	1.63
Free Cash Flow Per Share	0.78	0.22	-0.94	-1.65	-2.52	0.04
Gross Margin	47.03%	46.03%	39.91%	36.29%	30.21%	27.81%
Operating Margin	16.26%	13.83%	5.45%	4.69%	2.18%	0.51%
Profit Margin	15.35%	13.02%	4.81%	2.99%	0.80%	-0.74%
Free Cash Flow Margin	3.80%	1.13%	-6.04%	-9.57%	-18.86%	0.30%
Effective Tax Rate	0.52%	0.12%	-3.33%	17.57%	9.88%	-
EBITDA	114.34	92.27	28.73	27.6	10.59	2.78
EBITDA Margin	16.26%	13.83%	5.45%	4.69%	2.19%	0.52%
Depreciation & Amortization	0	0	0	0.02	0.02	0.02
EBIT	114.34	92.27	28.73	27.59	10.57	2.76
EBIT Margin	16.26%	13.83%	5.45%	4.69%	2.18%	0.51%

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).