American Coastal Insurance Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $654.4M | $487.1M | $357.6M | $280.2M | $208.1M | $131.2M | $96.4M | $80.0M |
| Net premiums earned | — | — | — | — | — | — | — | — |
| Net investment income | — | — | — | — | — | — | — | — |
| Net unrealized gains (losses) on equity securities | — | — | — | — | — | — | — | — |
| Net realized gains (losses) | — | — | — | — | — | — | — | — |
| Other revenue | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $81.8M | $43.0M | $29.9M | $20.0M | $14.6M | $11.7M | $9.7M | $7.5M |
| Operating Income | $757.0K | $6.9M | $41.6M | $64.3M | $34.5M | $15.2M | $13.2M | $-682.0K |
| Operating Margin | 0.1% | 1.4% | 11.6% | 23.0% | 16.6% | 11.6% | 13.7% | -0.9% |
| Interest Expense | $3.2M | $723.0K | $326.0K | $410.0K | $367.0K | $355.0K | $548.0K | $1.8M |
| Pretax Income | $910.0K | $7.0M | $41.9M | $64.4M | $34.5M | $15.7M | $13.0M | $-1.4M |
| Income Tax Expense | $-9.2M | $1.3M | $14.5M | $23.4M | $14.1M | $6.0M | $4.9M | $-483.0K |
| Net Income | $10.1M | $5.7M | $27.4M | $41.0M | $20.3M | $9.7M | $8.1M | $-925.0K |
| Net Margin | 1.6% | 1.2% | 7.7% | 14.6% | 9.8% | 7.4% | 8.4% | -1.2% |
| EPS (Basic) | $0.27 | $0.27 | $1.29 | $2.06 | $1.26 | $0.91 | $0.77 | $-0.09 |
| EPS (Diluted) | $0.27 | $0.26 | $1.28 | $2.05 | $1.26 | $0.91 | $0.77 | $-0.09 |
| Shares Outstanding (Basic) | 37.2M | 21.4M | 21.2M | 19.9M | 16.1M | 10.6M | 10.4M | 10.6M |
| Shares Outstanding (Diluted) | 37.4M | 21.6M | 21.5M | 20.0M | 16.2M | 10.7M | 10.4M | 10.6M |
| Dividends Per Share | $0.24 | $0.23 | $0.20 | $0.16 | $0.12 | $0.08 | $0.05 | $0.05 |