For the quarter ending 2025-09-30, HCIIP had $40,776K increase in cash & cash equivalents over the period. $25,880K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 67,888 | 144,509 |
| Stock-based compensation expense | 2,695 | 5,667 |
| Net accretion of discount on investments in available-for-sale fixed-maturity securities | 531 | 1,389 |
| Depreciation and amortization | 2,318 | 6,560 |
| Deferred income tax expense | 3,622 | -1,353 |
| Net realized investment gains | 618 | 1,322 |
| Net unrealized investment gains | 1,214 | -726 |
| Credit loss expense - reinsurance recoverable | -7 | -49 |
| Net loss (income) from limited partnership investments | -51 | -658 |
| Distributions received from limited partnership investments | 1 | 0 |
| Debt conversion expense | 0 | 1,125 |
| Gains on sales of real estate investments | 0 | 440 |
| Foreign currency remeasurement loss | -96 | -47 |
| Other non-cash items | -138 | -71 |
| Accrued interest and dividends receivable | 1,264 | 300 |
| Income taxes | 4,650 | -16,176 |
| Premiums receivable, net | 4,399 | 15,244 |
| Assumed premiums receivable | 0 | 0 |
| Prepaid reinsurance premiums | 65,593 | -92,060 |
| Reinsurance recoverable | -108,290 | -120,565 |
| Deferred policy acquisition costs | 2,308 | 10,835 |
| Funds withheld for assumed business | -1,042 | -3,152 |
| Other assets | -8,915 | 14,287 |
| Losses and loss adjustment expenses | -81,257 | -149,008 |
| Unearned premiums | 14,092 | 42,781 |
| Advance premiums | -659 | 24,810 |
| Reinsurance payable on paid losses and loss adjustment expenses | 1,242 | -2,369 |
| Ceded reinsurance premiums payable | -34,361 | 19,808 |
| Assumed reinsurance balances payable | 238 | -1,801 |
| Accrued expenses and other liabilities | 12,907 | 26,687 |
| Net cash provided by operating activities | 26,674 | 307,005 |
| Investments in limited partnerships | 121 | 270 |
| Distributions received from limited partnership investments | 903 | 644 |
| Purchase of property and equipment | 794 | 2,254 |
| Purchase of real estate investments | 19,666 | 8,862 |
| Purchase of available-for-sale fixed-maturity securities | 147,431 | 136,582 |
| Purchase of equity securities | 10,361 | 23,293 |
| Purchase of other investments | 5,000 | - |
| Proceeds from sales of property and equipment | 0 | - |
| Proceeds from sales of real estate investments | 0 | 2,013 |
| Proceeds from sales of available-for-sale fixed-maturity securities | 2,780 | 3,359 |
| Proceeds from calls, repayments and maturities of available-for-sale fixed-maturity securities | 176,376 | 263,643 |
| Proceeds from sales of equity securities | 6,115 | 21,621 |
| Net cash provided by (used in) investing activities | 2,801 | 120,019 |
| Cash dividends paid | 5,183 | 8,924 |
| Cash dividends paid to redeemable noncontrolling interest | 0 | 0 |
| Net (repayment) borrowing under revolving credit facility | -2,000 | -4,000 |
| Proceeds from issuance of long-term debt | 17,000 | - |
| Net surplus contribution from subscribers | 2,173 | 2,736 |
| Repayment of long-term debt | 162 | 268 |
| Redemption of long-term debt | 0 | 0 |
| Debt conversion costs paid | 0 | 1,125 |
| Repurchases of common stock | 37 | 687 |
| Redemption of redeemable noncontrolling interests | 0 | 0 |
| Purchase of noncontrolling interests | 0 | 0 |
| Debt issuance costs | 375 | 0 |
| Net cash used in financing activities | 11,416 | -12,268 |
| Effect of exchange rate changes on cash | -115 | -45 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 40,776 | 414,711 |
| Cash and cash equivalents at beginning of period | 536,185 | - |
| Cash and cash equivalents at end of period | 991,672 | - |
HCI Group, Inc. (HCIIP)
HCI Group, Inc. (HCIIP)