See more : V.F. Corporation (0R30.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 |
First Trust Advisors LP Cuts Position in FedNat Holding Company (NASDAQ:FNHC)
FedNat adds aggregate cover to $1.9bn renewal, cites more restrictive terms - Artemis.bm
FedNat agrees terms of cat reinsurance renewal, cites hardening market - Reinsurance News
FedNat CEO sees reinsurance rate increases as "extremely manageable" - Reinsurance News
FedNat Holding Company (FNHC) CEO Mike Braun on Q1 2020 Results - Earnings Call Transcript
Edited Transcript of FII earnings conference call or presentation 1-May-20 1:00pm GMT
Bank of New York Mellon Corp Increases Holdings in FedNat Holding Company (NASDAQ:FNHC)
Edited Transcript of MHPCq.L earnings conference call or presentation 14-Apr-20 1:00pm GMT
Man Group plc Reduces Position in FedNat Holding Company (NASDAQ:FNHC)
Head-To-Head Comparison: Blackstone Group (NYSE:BX) & Federated Hermes (NYSE:FHI)
Source: https://incomestatements.info
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