MAIDEN HOLDINGS, LTD.

MHLA ·Financial, Insurance - Property & Casualty, Bermuda
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017
Revenue $56.4M $89.2M $58.1M $98.7M $184.1M $576.1M $2.16B $2.14B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $35.3M $30.8M $30.9M $36.0M $39.1M $47.2M $64.9M $53.0M
Operating Income $-199.9M $-38.4M $-41.3M $46.0M $61.0M $-91.0M $-430.5M $-131.1M
Operating Margin -354.2% -43.0% -71.0% 46.6% 33.1% -15.8% -19.9% -6.1%
Interest Expense $19.3M $19.3M $19.3M $19.3M $19.3M $23.3M
Pretax Income $-199.9M $-38.4M $-60.6M $26.7M $41.7M $-110.3M $-449.9M $-154.4M
Income Tax Expense $1.1M $196.0K $-557.0K $15.0K $-104.0K $-911.0K $441.0K $-6.8M
Net Income $-201.0M $-38.6M $-60.0M $26.6M $41.8M $-131.9M $-544.6M $-169.9M
Net Margin -356.1% -43.2% -103.3% 27.0% 22.7% -22.9% -25.2% -7.9%
EPS (Basic) $-2.01 $-0.38 $0.63 $1.35 $0.93 $-1.59 $-6.87 $-2.32
EPS (Diluted) $-2.01 $-0.38 $0.63 $1.35 $0.93 $-1.59 $-6.87 $-2.32
Shares Outstanding (Basic) 99.9M 101.4M 87.1M 86.1M 84.3M 83.1M 83.1M 85.7M
Shares Outstanding (Diluted) 99.9M 101.4M 87.1M 86.1M 84.3M 83.1M 83.1M 85.7M
Dividends Per Share $0.35 $0.60
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