For the quarter ending 2025-09-30, SLDE had -$13,556K decrease in cash & cash equivalents over the period. $24,455K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 110,997 | 162,575 |
| Provision for depreciation and amortization | 3,131 | 6,055 |
| Deferred income tax expense | 3,716 | -79 |
| Stock based compensation | 2,956 | 6,014 |
| Amortization of deferred loan costs | 203 | 386 |
| Gain on sale of investments | 0 | 6 |
| Net amortization of premiums on investments in fixed-maturity securities | 576 | 1,492 |
| Change in value of interest rate swap | 12 | 14 |
| Purchase of transferable tax credits | -65,360 | - |
| Accrued interest income | 1,198 | 217 |
| Premiums receivable | 11,741 | 34,288 |
| Reinsurance recoverable on paid losses | -13,046 | 50,087 |
| Reinsurance recoverable on unpaid losses | 32,302 | 100,810 |
| Prepaid reinsurance premiums | -119,809 | 284,445 |
| Prepaid expenses | 2,354 | 3,169 |
| Deferred policy acquisition costs | 20,875 | 6,412 |
| Other assets | 224 | -255 |
| Loss and loss adjustment expense reserves | 47,853 | 23,675 |
| Unearned premiums | 104,031 | 24,084 |
| Advanced premiums | 8,678 | -38,467 |
| Income taxes payable | 27,751 | 28,695 |
| Premium taxes payable | -1,088 | 2,321 |
| Commissions payable | 8,193 | 3,011 |
| Reinsurance premiums payable | 239,865 | -374,102 |
| Accounts payable and accrued expenses | -2,754 | 10,499 |
| Net lease liability, net | 389 | 0 |
| Other liabilities | -849 | 1,681 |
| Net cash provided by operating activities | 25,273 | 350,429 |
| Purchase of fixed-maturity securities available-for-sale | 36,327 | 39,418 |
| Proceeds from maturities and redemptions of fixed-maturity securities available -for-sale | 18,884 | 58,066 |
| Proceeds from redemption of other investments | 168 | 336 |
| Purchase of property and equipment | 818 | 1,496 |
| Net cash provided by (used in) investing activities | -18,093 | 17,488 |
| Proceeds from issuance of common stock | 360 | 652 |
| Proceeds from issuance of preferred stock stock | 0 | - |
| Other financing costs | 404 | -2,867 |
| Issuance of long term debt | 0 | 0 |
| Payment of debt issuance costs | 0 | 296 |
| Repayment of long-term debt | 1,500 | 3,000 |
| Repurchase and retirement of preferred stock | 0 | - |
| Repurchase and retirement of common stock | 20,000 | - |
| Proceeds from issuance of initial public offering | 0 | 263,500 |
| Net cash provided by financing activities | -20,736 | 257,989 |
| Net increase in cash, cash equivalents and restricted cash | -13,556 | 625,906 |
| Cash and cash equivalents at beginning of period | 789,842 | - |
| Cash and cash equivalents at end of period | 1,402,192 | - |
Slide Insurance Holdings, Inc. (SLDE)
Slide Insurance Holdings, Inc. (SLDE)