The Fortegra Group, Inc. (TFG)

The Fortegra Group was planning to go public, but the IPO was withdrawn on Feb 7, 2024.

IPO Price Range

$15.00 - $18.00

Shares Offered

18,000,000

Deal Size

$297.00M

The Fortegra Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020
Revenue	1,249	984.13	691.06
Revenue Growth (YoY)	26.89%	42.41%	-
Gross Profit	1,249	984.13	691.06
Other Operating Expenses	1,181	914.27	664.11
Operating Expenses	1,181	914.27	664.11
Operating Income	68.15	69.86	26.95
Interest Expense / Income	20.06	17.58	15.49
Other Expense / Income	-20.06	-17.58	-15.49
Pretax Income	67.68	67.19	26.55
Income Tax	21.25	18.44	3.73
Net Income	46.9	51.42	23.22
Net Income Common	46.42	48.76	22.82
Net Income Growth	-4.78%	113.64%	-
Free Cash Flow	-491.14	295.36	159.73
Gross Margin	100.00%	100.00%	100.00%
Operating Margin	5.46%	7.10%	3.90%
Profit Margin	3.72%	4.95%	3.30%
Free Cash Flow Margin	-39.33%	30.01%	23.11%
Effective Tax Rate	31.40%	27.44%	14.03%
EBITDA	108.59	108.18	54.98
EBITDA Margin	8.70%	10.99%	7.96%
Depreciation & Amortization	20.39	20.75	12.54
EBIT	88.21	87.43	42.44
EBIT Margin	7.06%	8.88%	6.14%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).