AMERICAN COASTAL INSURANCE Corp (ACIC)
2025-03-31 | 2024-09-30 | |||
|---|---|---|---|---|
| Investment expenses | -89 [1] | - | ||
| Investment income | 4,600 [1] | - | ||
| Investment expenses | -89 [2] | - | ||
| Cash cash equivalents and short term investments | 1,554 [2] | - | ||
| Partnership interest | 270 [2] | - | ||
| Debt securities | 2,646 [2] | - | ||
| Equity securities | 130 [2] | - | ||
| Investment income | 4,600 [2] | - | ||
| Investment expenses | - | 112 | ||
| Investment income | - | 6,222 | ||
| Total revenue | 72,202 | 82,136 | ||
| Operating costs and expenses | - | 2,115 | ||
| Policyholder benefits and claims incurred, net | 11,389 | 11,774 | ||
| Interest expense | 2,717 | 3,067 | ||
| General and administrative expenses | 9,506 | 8,174 | ||
| Policy acquisition costs | 23,466 | 20,942 | ||
| Total expenses | 47,078 | 46,072 | ||
| Income (loss) before other income | 25,124 | 36,064 | ||
| Other income | 1,070 | 453 | ||
| Income (loss) from continuing operations before income taxes, noncontrolling interest | 26,194 | 36,517 | ||
| Provision for income taxes | 6,483 | 8,848 | ||
| Income (loss) from continuing operations, net of tax, attributable to parent | 19,711 | 27,669 | ||
| Discontinued operation, income (loss) from discontinued operation during phase-out period, net of tax | 1,637 | 450 | ||
| Net income (loss) | 21,348 | 28,119 | ||
| Reclassification adjustment for net realized investment (gains) losses | 1,382 | -3 | ||
| Change in net unrealized gains (losses) on investments | 4,212 | 7,529 | ||
| Comprehensive income (loss), net of tax, including portion attributable to noncontrolling interest | 24,178 | 35,651 | ||
| Basic eps | 0.44 | 0.59 | ||
| Diluted eps | 0.43 | 0.57 | ||
| Basic average shares | 48,135,231 | 48,066,358 | ||
| Diluted average shares | 49,564,721 | 49,521,246 | ||