For the quarter ending 2026-03-31, SAFT had -$19,070K decrease in cash & cash equivalents over the period. -$18,876K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -14,323 | 20,112 | 28,310 | 50,833 |
| Investment amortization, net | 559 | 454 | 796 | 321 |
| Fixed asset depreciation, net | 1,369 | 1,377 | 1,489 | 3,911 |
| Stock based compensation | 1,436 | 1,147 | 1,155 | 2,528 |
| Credit for deferred income taxes | 2,200 | -685 | -1,158 | -88 |
| Net realized gains on investments | 6,631 | 9,033 | 1,338 | 6,394 |
| Credit loss (benefit) expense | 348 | -966 | -487 | 255 |
| Earnings from partnership investments | 3,905 | 1,496 | -4,409 | 2,413 |
| Change in net unrealized gains on equity securities | -11,497 | -13,930 | 6,310 | 6,923 |
| Accounts receivable, net | -6,759 | -12,991 | 164 | 26,549 |
| Accrued investment income | -773 | 2,735 | 752 | 1,256 |
| Receivable from reinsurers | 5,081 | -13,798 | 4,812 | 10,682 |
| Ceded unearned premiums | 1,070 | -42 | -1,792 | 95 |
| Deferred policy acquisition costs | -3,276 | -3,944 | 4,254 | 6,007 |
| Taxes payable | 11,713 | -2,718 | -2,886 | 2,710 |
| Other assets | 3,763 | -4,632 | 2,114 | 932 |
| Losses and loss adjustment expense reserves | 51,350 | 41,927 | 33,871 | 14,272 |
| Unearned premium reserves | -14,484 | -21,062 | 16,401 | 39,548 |
| Accounts payable and accrued liabilities | -21,219 | 7,232 | 3,482 | -7,618 |
| Payable to reinsurers | -13,294 | -13,869 | 13,842 | -3,863 |
| Net cash (used for) provided by operating activities | -17,034 | 73,550 | 85,452 | 35,496 |
| Fixed maturities purchased | 69,092 | 248,373 | 171,609 | 117,399 |
| Equity securities purchased | 30,311 | 67,880 | 16,985 | 37,209 |
| Other invested assets purchased | 1,779 | 1,871 | 1,667 | 4,406 |
| Proceeds from maturities of short-term investments | - | 0 | 0 | 20,000 |
| Proceeds from sales and paydowns of fixed maturities | 51,733 | 165,546 | 83,705 | 44,818 |
| Proceeds from maturities, redemptions, and calls of fixed maturities | 11,650 | 14,553 | 22,959 | 32,519 |
| Proceed from sales of equity securities | 50,968 | 93,395 | 17,574 | 37,407 |
| Proceeds from other invested assets redeemed | 229 | 4,308 | 964 | 6,453 |
| Fixed assets purchased | 1,842 | 2,108 | 0 | 400 |
| Net cash provided by investing activities | 11,556 | -42,430 | -65,059 | -18,217 |
| Proceeds from loan-RBSCitizens | - | 20,000 | 0 | 30,000 |
| Payments on fhlb loan | - | 0 | 0 | 30,000 |
| Dividends paid to shareholders | 13,592 | 13,452 | 13,569 | 26,844 |
| Acquisition of treasury stock | - | 20,000 | - | - |
| Net cash used for financing activities | -13,592 | -13,452 | -13,569 | -26,844 |
| Net (decrease) increase in cash and cash equivalents | -19,070 | 17,668 | 6,824 | -9,565 |
| Cash and cash equivalents at beginning of year | 73,901 | 56,233 | 58,974 | - |
| Cash and cash equivalents at end of period | 54,831 | 73,901 | 56,233 | - |