See more : Grand Havana, Inc. (GHAV) Income Statement Analysis – Financial Results
Complete financial analysis of Trean Insurance Group, Inc. (TIG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Trean Insurance Group, Inc., a leading company in the Insurance – Specialty industry within the Financial Services sector.
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Trean Insurance Group, Inc. (TIG)
About Trean Insurance Group, Inc.
Trean Insurance Group, Inc. underwrites specialty casualty insurance products in the United States. The company underwrites business, predominantly workers' compensation, accident and health, and medical professional liability products. It also offers a variety of services, including issuing carrier, claims administration, and reinsurance brokerage services. The company offers its products through program partners and managing general agents. Trean Insurance Group, Inc. was founded in 1996 and is based in Wayzata, Minnesota.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 12.02M | 219.92M | 132.26M | 102.52M | 78.50M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 12.02M | 219.92M | 132.26M | 102.52M | 78.50M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 52.81M | 50.22M | 39.17M | 21.01M | 15.71M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | -27.00K |
| SG&A | 52.81M | 50.22M | 39.17M | 21.01M | 15.68M |
| Other Expenses | 294.04M | -245.36M | -85.94M | -85.16M | -16.32M |
| Operating Expenses | 380.25M | -195.14M | -46.77M | -64.16M | -639.00K |
| Cost & Expenses | 380.15M | 195.14M | 37.00M | 67.71M | 52.35M |
| Interest Income | 192.00K | 4.00K | 25.00K | 127.00K | 90.00K |
| Interest Expense | 3.27M | 1.69M | 1.92M | 2.17M | 1.56M |
| Depreciation & Amortization | 6.00M | 5.83M | 2.57M | 876.00K | 497.00K |
| EBITDA | -54.79M | 30.61M | 88.06M | 39.24M | 27.12M |
| EBITDA Ratio | -455.70% | 13.92% | 66.58% | 38.27% | 34.55% |
| Operating Income | -60.79M | 24.78M | 85.49M | 38.36M | 26.63M |
| Operating Income Ratio | -505.58% | 11.27% | 64.64% | 37.42% | 33.92% |
| Total Other Income/Expenses | -4.09M | 0.00 | 9.77M | -46.71M | -475.00K |
| Income Before Tax | -64.88M | 24.78M | 95.26M | 34.80M | 26.15M |
| Income Before Tax Ratio | -539.60% | 11.27% | 72.03% | 33.95% | 33.31% |
| Income Tax Expense | 1.07M | 5.45M | 6.83M | 7.07M | 5.55M |
| Net Income | -65.96M | 19.33M | 90.77M | 31.29M | 19.52M |
| Net Income Ratio | -548.53% | 8.79% | 68.63% | 30.52% | 24.87% |
| EPS | -1.29 | 0.38 | 2.02 | 0.75 | 0.38 |
| EPS Diluted | -1.29 | 0.38 | 2.02 | 0.75 | 0.38 |
| Weighted Avg Shares Out | 51.20M | 51.16M | 43.74M | 37.39M | 51.14M |
| Weighted Avg Shares Out (Dil) | 51.20M | 51.17M | 43.74M | 37.39M | 51.14M |
Kaskela Law LLC Announces Shareholder Investigation of Trean Insurance Group (NASDAQ: TIG) and Encourages TIG Investors to Contact the Firm
PHILADELPHIA--(BUSINESS WIRE)--Shareholder protection law firm Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (NASDAQ: TIG) (“Trean” or the “Company”) on behalf of the Company’s investors. On December 16, 2022, Trean announced that it would be acquired...
Kaskela Law LLC Announces Shareholder Investigation of Trean Insurance Group (NASDAQ: TIG) and Encourages TIG Investors to Contact the Firm
PHILADELPHIA--( BUSINESS WIRE )--Shareholder protection law firm Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (NASDAQ: TIG) (“Trean” or the “Company”) on behalf of the Company's investors.
Trean Insurance Group (TIG) - Trean Insurance Group Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation
Philadelphia, Pennsylvania--(Newsfile Corp. - December 29, 2022) - Kehoe Law Firm, P.C. is investigating whether the directors of Trean Insurance Group, Inc. ("Trean Insurance" or "Trean") (NASDAQ: TIG) breached their fiduciary duties to the shareholders of Trean Insurance in approving...
INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates the Altaris Buyout of Trean Insurance Group – TIG
NEW YORK--( BUSINESS WIRE )--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of Trean Insurance Group, Inc. (“Trean”) (NASDAQ: TIG) breached their fiduciary duties to its shareholders in approving...
INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates the Altaris Buyout of Trean Insurance Group – TIG
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of Trean Insurance Group, Inc. (“Trean”) (NASDAQ: TIG) breached their fiduciary duties to its shareholders in approving a merger...
SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of Trean Insurance Group, Inc. - TIG
New York, New York--(Newsfile Corp. - December 27, 2022) - Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MAXR, AJRD, TIG, QUMU
NEW YORK , Dec. 20, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Maxar Technologies...
TREAN INSURANCE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Trean Insurance Group, Inc. - TIG
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Trean Insurance Group, Inc. (NasdaqGS: TIG) to affiliates of Altaris, LLC....
TREAN INSURANCE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Trean Insurance Group, Inc. - TIG
NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Trean Insurance Group, Inc. (NasdaqGS: TIG) to affiliates of...
SHAREHOLDER ALERT: Weiss Law Investigates Trean Insurance Group, Inc.
NEW YORK , Dec. 19, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trean Insurance Group, Inc. ("Trean" or the "Company") (NASDAQ: TIG), in connection with...
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