Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||
net premiums earned | 360,100,000 | 353,000,000 | 321,300,000 | 299,700,000 | 279,300,000 | 261,600,000 | 230,300,000 | 176,000,000 | 100,000,000 | 63,900,000 | 60,000,000 | 64,300,000 | 68,600,000 | 74,700,000 | 78,300,000 | 84,900,000 | 85,100,000 | 81,200,000 | 59,100,000 | 44,100,000 | 44,900,000 |
net investment income | 7,000,000 | 9,400,000 | 8,700,000 | 8,700,000 | 8,000,000 | 10,000,000 | 9,200,000 | 7,700,000 | 9,000,000 | 6,800,000 | 6,700,000 | 4,000,000 | 900,000 | 700,000 | 600,000 | 2,400,000 | 1,000,000 | 700,000 | 900,000 | 1,100,000 | 1,100,000 |
fee income | 19,800,000 | 19,700,000 | 18,700,000 | 17,600,000 | 17,100,000 | 16,600,000 | 14,700,000 | 10,200,000 | 6,200,000 | 3,800,000 | 3,200,000 | 3,250,000 | 4,400,000 | ||||||||
other income | 900,000 | 800,000 | 700,000 | 700,000 | 1,300,000 | 1,000,000 | 700,000 | 900,000 | 100,000 | 300,000 | 200,000 | ||||||||||
total revenues | 387,800,000 | 382,900,000 | 349,400,000 | 326,700,000 | 305,700,000 | 289,200,000 | 254,900,000 | 194,800,000 | 115,300,000 | 74,800,000 | 70,100,000 | 71,300,000 | 73,700,000 | 80,400,000 | 85,400,000 | 93,200,000 | 93,800,000 | 89,800,000 | |||
yoy | 26.86% | 32.40% | 37.07% | 67.71% | 165.13% | 286.63% | 263.62% | 173.21% | 56.45% | -6.97% | -17.92% | -23.50% | -21.43% | -10.47% | |||||||
qoq | 1.28% | 9.59% | 6.95% | 6.87% | 5.71% | 13.46% | 30.85% | 68.95% | 54.14% | 6.70% | -1.68% | -3.26% | -8.33% | -5.85% | -8.37% | -0.64% | 4.45% | ||||
operating expenses: | |||||||||||||||||||||
loss and loss adjustment expenses | 239,400,000 | 233,300,000 | 205,600,000 | 191,800,000 | 184,500,000 | 190,300,000 | 166,400,000 | 122,700,000 | 85,800,000 | 59,500,000 | 63,300,000 | 77,700,000 | 80,900,000 | 95,700,000 | 96,700,000 | 107,800,000 | 114,400,000 | 110,200,000 | 59,900,000 | 59,500,000 | 76,100,000 |
sales and marketing | 40,600,000 | 37,100,000 | 51,500,000 | 37,200,000 | 34,000,000 | 34,200,000 | 30,400,000 | 26,500,000 | 13,100,000 | 6,100,000 | 3,600,000 | 2,200,000 | 5,700,000 | 25,400,000 | 14,700,000 | 24,700,000 | 65,400,000 | 111,700,000 | 68,400,000 | 49,600,000 | 36,900,000 |
other insurance expense | 67,000,000 | 47,900,000 | 36,700,000 | 18,775,000 | 22,400,000 | 28,100,000 | 24,600,000 | 1,300,000 | 1,000,000 | 2,400,000 | |||||||||||
technology and development | 14,700,000 | 13,700,000 | 11,400,000 | 14,700,000 | 12,900,000 | 14,700,000 | 11,000,000 | 12,400,000 | 11,100,000 | 11,100,000 | 10,200,000 | 9,400,000 | 14,300,000 | 17,900,000 | 13,900,000 | 16,200,000 | 18,000,000 | 17,500,000 | 13,800,000 | 12,700,000 | 12,900,000 |
general and administrative | 25,800,000 | 23,600,000 | 20,500,000 | 16,800,000 | 17,500,000 | 18,100,000 | 17,100,000 | 20,100,000 | 21,000,000 | 20,700,000 | 21,500,000 | 41,100,000 | 26,400,000 | 29,900,000 | 30,000,000 | 27,800,000 | 27,400,000 | 24,000,000 | 18,400,000 | 19,700,000 | 16,600,000 |
total operating expenses | 387,500,000 | 355,600,000 | 325,700,000 | 291,800,000 | 271,300,000 | 285,400,000 | 249,500,000 | 207,100,000 | 149,300,000 | 100,000,000 | 99,900,000 | 128,100,000 | 128,400,000 | 161,100,000 | 156,300,000 | 185,100,000 | 220,700,000 | 261,900,000 | 162,900,000 | 139,400,000 | 116,200,000 |
operating income | 300,000 | 27,300,000 | 23,700,000 | 34,900,000 | 34,400,000 | 3,800,000 | 5,400,000 | -12,300,000 | -34,000,000 | -25,200,000 | -29,800,000 | -56,800,000 | -54,700,000 | -80,700,000 | -70,900,000 | -91,900,000 | -126,900,000 | -172,100,000 | -94,300,000 | ||
yoy | -99.13% | 618.42% | 338.89% | -383.74% | -201.18% | -115.08% | -118.12% | -78.35% | -37.84% | -68.77% | -57.97% | -38.19% | -56.90% | -53.11% | -24.81% | ||||||
qoq | -98.90% | 15.19% | -32.09% | 1.45% | 805.26% | -29.63% | -143.90% | -63.82% | 34.92% | -15.44% | -47.54% | 3.84% | -32.22% | 13.82% | -22.85% | -27.58% | -26.26% | 82.50% | |||
operating margin % | 0.08% | 7.13% | 6.78% | 10.68% | 11.25% | 1.31% | 2.12% | -6.31% | -29.49% | -33.69% | -42.51% | -79.66% | -74.22% | -100.37% | -83.02% | -98.61% | -135.29% | -191.65% | |||
interest expense | -5,300,000 | -5,300,000 | -5,300,000 | -7,400,000 | -11,600,000 | -11,600,000 | -11,600,000 | -11,700,000 | -11,800,000 | -11,500,000 | -11,100,000 | -10,600,000 | -9,300,000 | -9,200,000 | -5,500,000 | -2,100,000 | -6,100,000 | -6,500,000 | -5,300,000 | 44,800,000 | 19,500,000 |
income before income tax expense | -5,000,000 | 22,000,000 | 18,400,000 | 22,100,000 | 22,800,000 | -7,800,000 | -6,200,000 | -24,000,000 | -45,800,000 | -36,700,000 | -40,900,000 | -67,400,000 | -64,000,000 | -89,900,000 | -76,400,000 | -109,900,000 | -133,000,000 | -178,600,000 | -99,600,000 | -133,300,000 | -85,200,000 |
income tax expense | -400,000 | ||||||||||||||||||||
net income | -5,400,000 | 22,000,000 | 18,400,000 | 22,100,000 | 22,800,000 | -7,800,000 | -6,200,000 | -24,000,000 | -45,800,000 | -36,700,000 | -40,900,000 | -67,400,000 | -64,000,000 | -89,900,000 | -76,400,000 | -109,900,000 | -133,000,000 | -178,600,000 | -99,600,000 | -133,300,000 | -85,200,000 |
yoy | -123.68% | -382.05% | -396.77% | -192.08% | -149.78% | -78.75% | -84.84% | -64.39% | -28.44% | -59.18% | -46.47% | -38.67% | -51.88% | -49.66% | -23.29% | -17.55% | 56.10% | ||||
qoq | -124.55% | 19.57% | -16.74% | -3.07% | -392.31% | 25.81% | -74.17% | -47.60% | 24.80% | -10.27% | -39.32% | 5.31% | -28.81% | 17.67% | -30.48% | -17.37% | -25.53% | 79.32% | -25.28% | 56.46% | |
net income margin % | -1.39% | 5.75% | 5.27% | 6.76% | 7.46% | -2.70% | -2.43% | -12.32% | -39.72% | -49.06% | -58.35% | -94.53% | -86.84% | -111.82% | -89.46% | -117.92% | -141.79% | -198.89% | |||
net income attributable to participating securities | -1,100,000 | -900,000 | -1,200,000 | -1,100,000 | |||||||||||||||||
net income attributable to common shareholders | -5,400,000 | 20,900,000 | 17,500,000 | 20,900,000 | 21,700,000 | ||||||||||||||||
other comprehensive income: | |||||||||||||||||||||
changes in net unrealized gains on investments | 1,200,000 | 1,600,000 | 3,000,000 | -4,400,000 | 5,500,000 | -800,000 | 1,100,000 | -1,200,000 | -500,000 | ||||||||||||
comprehensive income | -4,200,000 | 23,600,000 | 21,400,000 | 17,700,000 | 28,300,000 | -7,900,000 | -7,000,000 | -19,900,000 | -46,500,000 | -37,900,000 | -39,800,000 | -66,300,000 | -66,300,000 | -91,200,000 | -80,100,000 | -111,100,000 | -133,500,000 | -178,600,000 | -103,100,000 | -133,300,000 | -85,100,000 |
earnings per common share: | |||||||||||||||||||||
basic | -350,000 | 1,360,000 | 1,150,000 | 1,400,000 | 1,450,000 | ||||||||||||||||
diluted | -350,000 | 1,290,000 | 1,070,000 | 1,310,000 | 1,350,000 | ||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||
basic | 15,400,000 | 15,400,000 | 15,200,000 | 14,900,000 | 15,000,000 | ||||||||||||||||
diluted | 15,400,000 | 17,100,000 | 17,200,000 | 16,900,000 | 16,900,000 | ||||||||||||||||
other comprehensive income | |||||||||||||||||||||
changes in net unrealized losses on investments | -100,000 | -200,000 | -700,000 | -1,200,000 | -1,825,000 | -2,300,000 | -1,300,000 | -3,700,000 | -3,500,000 | ||||||||||||
loss per common share: basic and diluted | -520,000 | -420,000 | -1,670,000 | -3,160,000 | -2,550,000 | -2,880,000 | -4,660,000 | -4,540,000 | -360,000 | -300,000 | -440,000 | -530,000 | -720,000 | -400,000 | 1,130,000 | -2,200,000 | |||||
weighted-average common shares outstanding: basic and diluted | 14,900,000 | 14,600,000 | 14,400,000 | 14,500,000 | 14,400,000 | 14,200,000 | 14,100,000 | 14,100,000 | 253,000,000 | 251,700,000 | 249,200,000 | 250,200,000 | 248,900,000 | 247,100,000 | 75,500,000 | 38,800,000 | |||||
net realized gains on investments | -600,000 | -100,000 | 1,200,000 | 2,400,000 | 100,000 | 100,000 | |||||||||||||||
other insurance benefit | 25,400,000 | 18,300,000 | 2,600,000 | -1,425,000 | 1,100,000 | ||||||||||||||||
fee and other income | 3,650,000 | 4,200,000 | 5,100,000 | 5,300,000 | 5,450,000 | 7,700,000 | 7,900,000 | 6,200,000 | |||||||||||||
other insurance (benefit) expense | -7,800,000 | -900,000 | -4,500,000 | -1,500,000 | -2,100,000 | -26,300,000 | |||||||||||||||
revenue: | |||||||||||||||||||||
total revenue | 68,600,000 | 50,900,000 | 50,500,000 | ||||||||||||||||||
changes in unrealized gain on investments | 1,250,000 | 100,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
