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The Fortegra Group was planning to go public, but the IPO was withdrawn on Feb 7, 2024.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 Ending	TTM	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,505	1,249	984.13	691.06
Revenue Growth (YoY)	-	26.89%	42.41%	-
Gross Profit	1,505	1,249	984.13	691.06
Other Operating Expenses	0	1,181	914.27	664.11
Operating Expenses	-	1,181	914.27	664.11
Operating Income	114.68	68.15	69.86	26.95
Interest Expense / Income	23.81	20.06	17.58	15.49
Other Expense / Income	-23.81	-20.06	-17.58	-15.49
Pretax Income	115.05	67.68	67.19	26.55
Income Tax	33.09	21.25	18.44	3.73
Net Income	81.59	46.9	51.42	23.22
Net Income Common	81.96	46.42	48.76	22.82
Net Income Growth	-	-4.78%	113.64%	-
Free Cash Flow	-622.42	-491.14	295.36	159.73
Gross Margin	100.00%	100.00%	100.00%	100.00%
Operating Margin	7.62%	5.46%	7.10%	3.90%
Profit Margin	5.44%	3.72%	4.95%	3.30%
Free Cash Flow Margin	-41.35%	-39.33%	30.01%	23.11%
Effective Tax Rate	28.76%	31.40%	27.44%	14.03%
EBITDA	156.56	108.59	108.18	54.98
EBITDA Margin	10.40%	8.70%	10.99%	7.96%
Depreciation & Amortization	18.08	20.39	20.75	12.54
EBIT	138.49	88.21	87.43	42.44
EBIT Margin	9.20%	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).