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NI Holdings, Inc. (NODK)

For the quarter ending 2025-06-30, NODK made $76,057K in revenue. -$12,051K in net income. Net profit margin of -15.84%.

Overview

Revenue
$76,057K
Net Income
-$12,051K
Net Profit Margin
-15.84%
EPS
-$0.57
Unit: Thousand (K) dollars
Revenue Breakdown
    • Premiums earned, direct premium
    • Premiums earned, ceded premium
    • Net investment income
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Total revenues76,057 88,984 87,807
Losses and loss adjustment expenses66,607 65,100 69,358
Other underwriting and general expenses8,400 9,724 8,229
Amortization of deferred policy acquisition costs16,374 17,616 19,290
Total expenses91,381 92,440 96,877
Loss from continuing operations before income taxes-15,324 -3,456 -9,070
Income tax expense (benefit)-3,273 -751 -1,592
Net income (loss), including portion attributable to noncontrolling interest- -2,705 -7,478
Loss from continuing operations-12,051 -2,705 -7,478
Loss on sale of discontinued operations, net of taxes- - -11,148
Loss from discontinued operations, net of income taxes- - -996
Net loss-12,051 -2,705 -19,622
Basic (in dollars per share)-0.57 -0.13 -0.94
Diluted (in dollars per share)-0.57 -0.13 -0.94
Weighted average common shares outstanding used in basic per common share calculations (in shares)21,039,090 20,985,213 20,970,384
Weighted average common shares used in diluted per common share calculations (in shares)21,039,090 20,985,213 20,970,384
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net loss-$12,051K (38.58%↑ Y/Y)Premiums earned, assumedpremium$696K Premiums earned, directpremium$82,542K Loss from continuingoperations-$12,051K (-61.15%↓ Y/Y)Income tax expense(benefit)-$3,273K (-105.59%↓ Y/Y)Net investmentincome$3,146K (24.69%↑ Y/Y)Fee and other income$316K (-54.53%↓ Y/Y)Net premiums earned$73,005K (-14.28%↓ Y/Y)Premiums earned, cededpremium$10,233K Loss from continuingoperations before income...-$15,324K (-68.95%↓ Y/Y)Total revenues$76,057K (-13.38%↓ Y/Y)Net investmentgains (losses)-$410K (29.31%↑ Y/Y)Total expenses$91,381K (-5.67%↓ Y/Y)Amortization of deferredpolicy acquisition...$16,374K (-15.12%↓ Y/Y)Other underwritingand general...$8,400K (2.08%↑ Y/Y)Losses and lossadjustment expenses$66,607K (-3.97%↓ Y/Y)