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The Fortegra Group was planning to go public, but the IPO was withdrawn on Feb 7, 2024.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

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Sep '23 Sep 30, 2023	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	-	26.89%	42.41%	-
Gross Profit	1,505	1,249	984.13	691.06
Operating Income	114.68	68.15	69.86	26.95
Net Income	81.96	46.42	48.76	22.82

Fiscal Year	Current	FY 2022	FY 2021	FY 2020
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Investments	464.48	400.71	153.44	0
Total Debt	263.47	211.93	196	-
Net Cash (Debt)	201.01	188.79	-42.55	0
Net Cash Growth	-	-	-	-

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Cash Flow	175.27	298.27	297.43	169.69
Capital Expenditures	-797.68	-789.41	-2.08	-9.96
Free Cash Flow	-622.42	-491.14	295.36	159.73
Free Cash Flow Growth	-	-	84.91%	-

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Gross Margin	100.00%	100.00%	100.00%	100.00%
Operating Margin	7.62%	5.46%	7.10%	3.90%
Pretax Margin	7.64%	5.42%	6.83%	3.84%
Profit Margin	5.45%	3.72%	4.95%	3.30%
FCF Margin	-41.35%	-39.33%	30.01%	23.11%