glre: the income statement

MyFinsight

GREENLIGHT CAPITAL RE, LTD. (GLRE)

For the quarter ending 2025-06-30, GLRE made $160,106K in revenue. $329K in net income. Net profit margin of 0.21%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Interest and dividend income, net of withholding taxes and other expenses	-	6,635 [1]	-	-
Investment income from lloyd's syndicates	-	1,541 [1]	-	-
Net realized and unrealized gains (losses) on other investments (see note 4)	-	111 [1]	-	-
Innovations-operating segments	-	448 [2]	-	-
Open market-operating segments	-	5,771 [2]	-	-
Corporate non segment	-	2,068 [2]	-	-
Innovations-operating segments	-	27,466	-	-
Open market-operating segments	-	220,709	-	-
Corporate non segment	-	-230	-	-
Total revenues	160,106	213,302	188,008	174,863
General and administrative expenses	-	-	10,326	10,517
Net loss and loss adjustment expenses incurred	100,079	122,884	93,165	102,033
Underwriting expenses	6,481	6,358	-	-
Corporate and other expenses	4,755	4,672	-	-
Interest expense	1,144	1,464	2,018	1,560
Deposit interest expense	124	149	377	1,886
Acquisition costs	46,848	46,866	46,162	50,454
Total expenses	159,431	182,393	152,048	166,450
Income before income tax	675	30,909	35,960	8,413
Income tax expense	346	1,282	723	435
Net income	329	29,627	35,237	7,978

Basic (in dollars per share)	0.01	0.87	1.03	0.23
Basic (in shares)	33,969,716	33,949,967	34,120,955	34,238,863
Diluted (in dollars per share)	0.01	0.86	1.01	0.23
Diluted (in shares)	34,423,679	34,418,262	34,810,066	34,699,182

Unit: Thousand (K) dollars (except for numbers of shares and EPS)