For the quarter ending 2025-09-30, ACIC had -$48,076K decrease in cash & cash equivalents over the period. -$35,615K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 32,483 | 47,790 |
| Depreciation and amortization | 1,629 | 3,413 |
| Bond amortization and accretion | -135 | -346 |
| Net realized losses on investments | 2 | -413 |
| Net unrealized gains on equity securities | 3,161 | 268 |
| Provision for uncollectable premiums | 0 | -26 |
| Provision for uncollectable reinsurance recoverables | -5 | -31 |
| Deferred income taxes, net | -2,871 | -8,870 |
| Stock based compensation | 1,047 | 2,204 |
| Fixed asset disposal | -1 | -60 |
| Loss on sale of subsidiary | 0 | -328 |
| Gain on disposition of former subsidiary | 0 | 0 |
| Accrued investment income | -121 | 363 |
| Premiums receivable | -23,169 | 8,482 |
| Reinsurance recoverable on paid and unpaid losses | -25,366 | -93,822 |
| Ceded unearned premiums | -72,406 | 93,808 |
| Deferred policy acquisition costs, net | -13,794 | 18,540 |
| Other assets | -417 | -2,102 |
| Unpaid losses and loss adjustment expenses | -30,539 | -102,953 |
| Unearned premiums | -90,944 | 101,973 |
| Reinsurance payable on premiums | -83,798 | 139,759 |
| Accounts payable and accrued expenses | -419 | -21,742 |
| Operating lease liability | -55 | -79 |
| Other liabilities | -131 | -396 |
| Net cash provided by operating activities | -35,615 | 154,392 |
| Proceeds from sales, maturities and repayments of fixed maturities | 56,913 | 55,868 |
| Proceeds from sales, maturities and repayments of equity securities | -16 | 9,998 |
| Proceeds from sales, maturities and repayments of other investments | 56 | 20,566 |
| Payments to acquire fixed maturities, available-for-sale | 53,431 | 22,638 |
| Payments to acquire equity securities, fv-ni | 9,005 | 12,023 |
| Payments to acquire other investments | 6,978 | 26,414 |
| Cost of property, equipment and capitalized software acquired | 0 | 96 |
| Net proceeds from sale of former subsidiary | 0 | 4,495 |
| Net cash provided by (used in) investing activities | -12,461 | 29,756 |
| Proceeds from issuance of common stock, including exercise of stock options | 0 | 774 |
| Net cash provided by financing activities | 0 | 774 |
| Increase in cash, cash equivalents and restricted cash, including cash classified as assets held for sale | -48,076 | 184,922 |
| Cash and cash equivalents at beginning of period | 222,290 | - |
| Cash and cash equivalents at end of period | 359,136 | - |
AMERICAN COASTAL INSURANCE Corp (ACIC)
AMERICAN COASTAL INSURANCE Corp (ACIC)