See more : ABIVAX Société Anonyme (0RA9.L) Income Statement Analysis – Financial Results
Complete financial analysis of FedNat Holding Company (FNHC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of FedNat Holding Company, a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
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FedNat Holding Company (FNHC)
About FedNat Holding Company
FedNat Holding Company, together with its subsidiaries, engages in the insurance underwriting, distribution, and claims processing business in Florida, Louisiana, Texas, Georgia, South Carolina, Alabama, and Mississippi. The company is involved in the homeowners and casualty insurance; and personal automobile insurance businesses, as well as commercial general liability and federal flood businesses. It markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The company was formerly known as Federated National Holding Company and changed its name to FedNat Holding Company in May 2018. FedNat Holding Company was founded in 1991 and is based in Sunrise, Florida. On December 11, 2022, FedNat Holding Company, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Florida.
| Metric | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 245.55M | 432.23M | 414.96M | 396.09M | 391.66M | 316.38M | 246.82M | 197.90M | 121.74M | 68.65M | 60.16M | 60.60M | 58.85M | 67.36M | 119.13M | 103.92M | 94.67M | 76.57M | 60.12M | 40.58M | 35.48M | 37.55M | 25.38M | 20.70M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 245.55M | 432.23M | 414.96M | 396.09M | 391.66M | 316.38M | 246.82M | 197.90M | 121.74M | 68.65M | 60.16M | 60.60M | 58.85M | 67.36M | 119.13M | 103.92M | 94.67M | 76.57M | 60.12M | 40.58M | 35.48M | 37.55M | 25.38M | 20.70M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 38.25M | 37.21M | 35.32M | 36.46M | 34.48M | 39.57M | 15.03M | 14.97M | 10.19M | 8.44M | 8.00M | 8.61M | 7.93M | 7.43M | 6.73M | 7.01M | 6.38M | 6.13M | 9.15M | 8.00M | 8.48M | 9.38M | 7.47M | 4.00M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 114.87M | 108.78M | 65.32M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 38.25M | 37.21M | 35.32M | 36.46M | 149.35M | 148.35M | 80.35M | 14.97M | 10.19M | 8.44M | 8.00M | 8.61M | 7.93M | 7.43M | 6.73M | 7.01M | 6.38M | 6.13M | 9.15M | 8.00M | 8.48M | 9.38M | 7.47M | 4.00M |
| Other Expenses | -13.90M | -13.79M | 378.68M | 339.54M | 233.65M | 157.65M | 100.65M | 128.03M | 92.81M | 53.56M | 53.00M | 64.39M | 67.07M | 63.57M | 80.27M | 75.99M | 70.62M | -101.08M | -56.37M | -40.71M | -45.58M | -47.91M | -30.61M | -21.90M |
| Operating Expenses | 24.36M | 23.42M | 414.00M | 376.00M | 383.00M | 306.00M | 181.00M | 143.00M | 103.00M | 62.00M | 61.00M | 73.00M | 75.00M | 71.00M | 87.00M | 83.00M | 77.00M | -94.94M | -47.22M | -32.71M | -37.10M | -38.54M | -23.13M | -17.90M |
| Cost & Expenses | 348.33M | 537.88M | 414.25M | 375.89M | 382.74M | 313.65M | 181.62M | 140.59M | 102.52M | 61.90M | 61.16M | 72.56M | 75.06M | 71.16M | 86.63M | 82.62M | 78.90M | 98.78M | 47.83M | 32.71M | 38.29M | 38.54M | 7.47M | 4.00M |
| Interest Income | 0.00 | 11.79M | 15.90M | 12.46M | 10.25M | 9.06M | 7.16M | 5.39M | 3.33M | 3.82M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 8.76M | 7.66M | 10.78M | 4.18M | 348.00K | 348.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 173.00K | 656.00K | 1.40M | 1.09M | 606.91K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 5.56M | 1.90M | 1.48M | 1.39M | 1.17M | 869.00K | 624.00K | 149.00K | 263.00K | 195.00K | 1.42M | 221.00K | 188.00K | 290.00K | -43.00K | 45.00K | 222.94K | 299.27K | 728.34K | 460.88K | 885.32K | 919.80K | 731.75K | 300.00K |
| EBITDA | -403.69M | 0.00 | 12.97M | 25.99M | 10.44M | 3.95M | 0.00 | 0.00 | 0.00 | 0.00 | 417.00K | 0.00 | -10.29M | -2.48M | 21.28M | 13.90M | 4.79M | -18.07M | 13.62M | 8.33M | -737.32K | -65.47K | 2.98M | 3.10M |
| EBITDA Ratio | -164.40% | -22.23% | 3.12% | 6.56% | 3.34% | 1.17% | 26.85% | 29.03% | 16.00% | 10.11% | 0.69% | -19.36% | -27.22% | -5.21% | 27.39% | 21.16% | 19.46% | -23.60% | 22.66% | 20.54% | -2.08% | -0.17% | 11.74% | 14.98% |
| Operating Income | -94.03M | -97.99M | 11.49M | 24.60M | 11.92M | 2.84M | 65.64M | 57.31M | 19.22M | 6.75M | -1.00M | -11.96M | -10.29M | -2.48B | 21.28M | 13.90M | -3.37M | -18.37M | 12.89M | 7.87M | -1.62M | -985.27K | 2.25M | 2.80M |
| Operating Income Ratio | -38.29% | -22.67% | 2.77% | 6.21% | 3.04% | 0.90% | 26.59% | 28.96% | 15.79% | 9.83% | -1.66% | -19.73% | -17.48% | -3,678.90% | 17.86% | 13.37% | -3.56% | -23.99% | 21.45% | 19.40% | -4.57% | -2.62% | 8.85% | 13.53% |
| Total Other Income/Expenses | -8.76M | -514.46M | -10.78M | -4.40M | -3.00M | -102.00K | -623.00K | 2.41M | 481.00K | 101.00K | 0.00 | 0.00 | -5.92M | -1.32M | 11.23M | 7.40M | 19.14M | -3.83M | -606.91K | 0.00 | -1.19M | 0.00 | 11.92M | 6.70M |
| Income Before Tax | -102.78M | -105.65M | 713.00K | 20.21M | 8.93M | 2.73M | 65.19M | 57.31M | 19.22M | 6.75M | -1.00M | -11.96M | -16.21M | -3.80M | 32.51M | 21.29M | 15.77M | -22.21M | 12.29M | 7.87M | -2.81M | -985.27K | 14.17M | 9.50M |
| Income Before Tax Ratio | -41.86% | -24.44% | 0.17% | 5.10% | 2.28% | 0.86% | 26.41% | 28.96% | 15.79% | 9.83% | -1.66% | -19.73% | -27.54% | -5.64% | 27.28% | 20.49% | 16.66% | -29.00% | 20.44% | 19.40% | -7.92% | -2.62% | 55.83% | 45.89% |
| Income Tax Expense | 316.00K | -32.62M | -298.00K | 5.50M | 3.59M | 2.68M | 24.75M | 20.11M | 6.49M | 2.44M | -570.00K | -3.96M | -5.92M | -1.32M | 11.23M | 7.40M | 4.69M | -8.60M | 3.92M | 3.30M | -630.55K | -462.40K | 680.06K | 1.00M |
| Net Income | -103.10M | -73.03M | 1.01M | 14.93M | 7.99M | -196.00K | 40.89M | 37.20M | 12.73M | 4.31M | -430.00K | -8.00M | -10.29M | -2.48M | 21.28M | 13.90M | 12.12M | -10.86M | 8.36M | 4.57M | -992.09K | -522.87K | 1.57M | 1.80M |
| Net Income Ratio | -41.99% | -16.90% | 0.24% | 3.77% | 2.04% | -0.06% | 16.56% | 18.80% | 10.45% | 6.28% | -0.71% | -13.19% | -17.48% | -3.68% | 17.86% | 13.37% | 12.80% | -14.18% | 13.91% | 11.26% | -2.80% | -1.39% | 6.17% | 8.70% |
| EPS | -7.45 | -5.27 | 0.08 | 1.16 | 0.61 | -0.01 | 2.98 | 3.08 | 1.50 | 0.54 | -0.05 | -1.01 | -1.29 | -0.31 | 2.69 | 1.84 | 1.95 | -1.86 | 1.76 | 1.01 | -0.21 | -0.10 | 0.21 | 0.35 |
| EPS Diluted | -7.45 | -5.27 | 0.08 | 1.16 | 0.60 | -0.01 | 2.92 | 2.99 | 1.45 | 0.54 | -0.05 | -1.01 | -1.29 | -0.31 | 2.65 | 1.72 | 1.83 | -1.86 | 1.67 | 1.01 | -0.21 | -0.10 | 0.21 | 0.35 |
| Weighted Avg Shares Out | 13.85M | 13.85M | 13.02M | 12.87M | 13.17M | 13.76M | 13.72M | 12.08M | 8.51M | 7.95M | 7.95M | 7.95M | 8.00M | 7.98M | 7.92M | 7.54M | 6.23M | 5.85M | 4.76M | 4.51M | 4.80M | 5.23M | 7.57M | 5.19M |
| Weighted Avg Shares Out (Dil) | 13.85M | 13.85M | 13.02M | 12.87M | 13.25M | 13.76M | 14.00M | 12.44M | 8.77M | 8.02M | 7.95M | 7.95M | 8.00M | 7.98M | 8.03M | 8.09M | 6.63M | 5.85M | 5.02M | 4.53M | 4.80M | 5.23M | 7.57M | 5.19M |
FedNat Holding Company's (FNHC) CEO Michael Braun on Q3 2020 Results - Earnings Call Transcript
FedNat Holding Company's (FNHC) CEO Michael Braun on Q3 2020 Results - Earnings Call Transcript
FedNat Announces Regular Quarterly Dividend
SUNRISE, Fla., Nov. 04, 2020 (GLOBE NEWSWIRE) -- FedNat Holding Company (Nasdaq: FNHC), a regional insurance holding company, today announced that its Board of Directors declared a quarterly dividend of $0.09 per share of FedNat common stock, payable on December...
FedNat Holding Company Announces Formation of Strategic Review Committee
Committee Retains Piper Sandler as Financial Advisor
FedNat Holding Company Reports Third Quarter 2020 Results
SUNRISE, Fla., Nov. 04, 2020 (GLOBE NEWSWIRE) -- FedNat Holding Company (the “Company”) (Nasdaq: FNHC) today reported results for the three and nine months ended September 30, 2020.
Morgan Stanley Sells 24,140 Shares of FedNat Holding Company (NASDAQ:FNHC)
Morgan Stanley reduced its position in FedNat Holding Company (NASDAQ:FNHC) by 32.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 49,434 shares of the insurance provider’s stock after selling 24,140 shares...
CoverWallet Announces New Digital Insurance Package for Venture-Backed Startups
With this new management liability package, VC-backed startups can instantly buy and manage D&O, EPL, and Fiduciary coverage online.
FedNat bolsters reinsurance, adds Swiss Re quota share on Florida business - Artemis.bm
FedNat Holding Company, the U.S. primary insurance carrier group, has bolstered its reinsurance program for the 2020-2021 season, adding coverage to
FedNat reports $48.3m Q2 cat losses after reinsurance recoveries - Artemis.bm
U.S. primary insurance carrier group FedNat Holding Company has reported elevated catastrophe losses from second-quarter severe weather events, which it
1347 PIH names Swets interim CEO to lead reinsurance & investment focus - Artemis.bm
1347 Property Insurance Holdings, Inc. has appointed Larry Swets as its interim Chief Executive Officer (CEO), to lead the company through its transition
JPMorgan Chase & Co. Has $2.17 Million Stake in FedNat Holding Company (NASDAQ:FNHC)
JPMorgan Chase & Co. trimmed its holdings in FedNat Holding Company (NASDAQ:FNHC) by 12.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 189,114 shares of the insurance provider’s stock after selling 26,292 shares during the period. JPMorgan Chase...
Source: https://incomestatements.info
Category: Stock Reports