For the year ending 2025-12-31, ARX had $477,300K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -1,345,200 |
| Profits interest distribution expenses | 1,379,700 |
| Net realized gains on investments | 7,900 |
| Net unrealized gains on investments | 39,400 |
| Earnings from equity method investments | 1,800 |
| Share-based compensation expenses | 43,100 |
| Depreciation and amortization | 35,200 |
| Deferred income tax (benefit) expense | -32,000 |
| Net gain on commutation | 0 |
| Net foreign exchange losses (gains) | -20,200 |
| Net accretion of discount on fixed maturity securities and short-term investments | 7,600 |
| Other, net | -3,000 |
| Premiums receivable | 258,600 |
| Ceded unearned premiums | 225,900 |
| Reinsurance recoverables on unpaid losses and lae | 589,300 |
| Other reinsurance recoverables | 219,300 |
| Deferred acquisition costs | 15,700 |
| Unpaid losses and loss adjustment expenses | 645,300 |
| Unearned premiums | 287,300 |
| Payables to reinsurers | 87,100 |
| Deferred ceding commissions | 55,500 |
| Funds held under reinsurance | -451,000 |
| Other assets, accounts payable and other liabilities | -180,400 |
| Net cash provided by operating activities | 445,100 |
| Proceeds From Sale Of | 0 |
| Proceeds From Sale Of | 1,100 |
| Other investments | 3,600 |
| Maturities of fixed maturity securities | 49,800 |
| Payments To Acquire | 0 |
| Payments To Acquire | 1,600 |
| Net change in short-term investments | -28,500 |
| Purchases of subsidiaries, net of cash acquired | 9,900 |
| Capitalized technology development expenditures | 41,400 |
| Other, net | 500 |
| Net cash used in investing activities | -173,600 |
| Issuance of common shares, net of issuance costs | 392,000 |
| Redemption of class c convertible preference shares | 175,300 |
| Issuance of convertible preference shares, net of issuance costs | 0 |
| Credit facility borrowings | 5,000 |
| Credit facility repayment | 5,000 |
| Issuance of debt, net of issuance costs | 0 |
| Payment of debt | 800 |
| Acquisition of non-controlling interests in subsidiaries | 2,100 |
| Dividends paid to non-controlling interests | 8,000 |
| Net cash provided by financing activities | 205,800 |
| Net increase in cash, cash equivalents and restricted cash | 477,300 |
| Effect of foreign currency rate changes on cash, cash equivalents and restricted cash | 49,000 |
| Cash, cash equivalents and restricted cash at beginning of year | 1,273,000 |
| Cash, cash equivalents and restricted cash at end of year | 1,799,300 |
Accelerant Holdings (ARX)
Accelerant Holdings (ARX)