Exzeo Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Investments in Debt Securities	-	-	-	-	16.52	16.79
Investments in Equity & Preferred Securities	-	-	-	-	4.45	2.45
Other Investments	-	-	-	-	-	0.49
Total Investments	-	-	-	-	20.97	19.73
Cash & Equivalents	140.92	54.5	15.06	-	99.73	51.56
Reinsurance Recoverable	-	-	-	-	2.17	0.62
Other Receivables	13.31	5.68	9.13	-	7.84	6.26
Deferred Policy Acquisition Cost	-	-	-	-	10.28	7.2
Property, Plant & Equipment	18.02	18.8	17.36	-	6.37	6.4
Restricted Cash	-	-	-	-	2	0.3
Other Current Assets	8.41	7.05	246.81	-	7.82	1.97
Long-Term Deferred Charges	1.3	3.13	3.22	-	-	-
Other Long-Term Assets	0.27	0.28	333.43	-	0.41	0.2
Total Assets	182.25	89.44	625.01	-	157.58	94.23
Accounts Payable	-	2.13	1.54	-	-	-
Accrued Expenses	15.6	4.76	4.9	-	4.27	3.57
Insurance & Annuity Liabilities	-	-	-	-	19.35	4.77
Unearned Premiums	-	-	-	-	67.08	38.5
Current Portion of Leases	2.35	2.13	1.74	-	0.33	-
Short-Term Debt	-	-	-	-	22	-
Current Income Taxes Payable	1.43	-	-	-	0.14	-
Long-Term Debt	-	-	58.15	-	-	-
Long-Term Leases	5.16	6.22	6.05	-	0.02	0.79
Long-Term Deferred Tax Liabilities	-	2.12	0.6	-	1.25	1.29
Other Current Liabilities	1.44	0.14	295.89	-	-	-
Other Long-Term Liabilities	0.71	0.85	145.2	-	36.59	28.35
Total Liabilities	103.82	73.93	554.14	-	151.03	77.27
Preferred Stock, Convertible	-	-	96.16	-	-	-
Common Stock	0.08	0.08	0.08	-	0.08	16.82
Additional Paid-In Capital	74.92	72.76	68.93	-	11	-
Retained Earnings	3.43	-57.33	-92.5	-	-4.91	-
Comprehensive Income & Other	-	-	-1.8	-	0.38	0.14
Total Common Equity	78.43	15.51	-25.3	-	6.55	16.96
Shareholders' Equity	78.43	15.51	70.87	-	6.55	16.96
Total Liabilities & Equity	182.25	89.44	625.01	-	157.58	94.23
Filing Date Shares Outstanding	90.77	82.7	76.1	75.68	75	75
Total Common Shares Outstanding	82.78	82.7	76.1	75.68	75	75
Total Debt	7.52	8.35	65.93	-	22.35	0.79
Net Cash (Debt)	133.4	46.15	-50.87	-	77.37	50.77
Net Cash Growth	-	-	-	-	52.39%	-
Net Cash Per Share	1.69	0.60	-0.67	-	1.03	0.68
Book Value Per Share	0.95	0.19	-0.33	-	0.09	0.23
Tangible Book Value	78.43	15.51	-25.3	-	6.55	16.96
Tangible Book Value Per Share	0.95	0.19	-0.33	-	0.09	0.23
Machinery	-	2.22	1.65	-	8.42	4.33
Construction In Progress	-	1.07	1.01	-	-	-
Leasehold Improvements	-	0.54	0.43	-	0.34	0.34

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q