← AMERICAN COASTAL INSURANCE Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $487.1m $654.4m $723.9m $825.1m $846.7m $634.5m $455.4m $286.5m $296.7m $335.4m
Revenues:
Operating Costs and Expenses — — — — $52.9m $56.3m $43.6m $10.2m — —
Operating Expenses $20.5m $27.7m $40.6m $44.3m — — — — — —
Operating Income (Loss) $6.9m $757k ($4.4m) ($32.7m) ($132.2m) ($84.0m) ($454.9m) $89.7m $99.6m $140.3m
Additional Financial Items
Other Income $19.0m $51.1m $15.1m $16.6m $17.7m $24.2m $17.5m $79k $0 $0
Amortization of Intangible Assets $10.9m $31.2m $13.9m $5.4m $4.3m $3.6m $3.2m $3.2m $2.6m $2.4m
Debt and Equity Securities, Gain (Loss) — — $1.7m $1.2m $66.7m $3.6m ($32.1m) ($5.5m) ($190k) ($412k)
Goodwill, Impairment Loss $0 $0 $0 — — — $13.6m — — $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — $85.2m $76.3m $104.1m
Income (Loss) from Continuing Operations, Per Basic Share — — — — — — — $2 $2 $2
Income (Loss) from Continuing Operations, Per Diluted Share — — — — — — — $2 $2 $2
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent — — $1.7m — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — ($83.9m) ($444.5m) $92.0m $101.7m $142.7m
Policyholder Benefits and Claims Incurred, Net — — — — — — — — $69.3m $46.0m
Premiums Earned, Net $456.9m $585.5m $689.3m $752.4m $765.7m $589.8m $462.6m $281.9m $274.0m $306.9m
Net Investment Income $10.7m $17.8m $27.2m $31.2m $25.5m $14.9m $14.8m $10.8m $21.1m $22.5m
Gain (Loss) on Investments — — — — — $3.6m ($32.1m) ($6.8m) ($124k) $1.4m
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax — — — — — $56.1m $430.0m $227.7m ($601k) $42k
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — $85.2m $76.3m $106.8m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — $82.2m $76.3m $106.8m
Investment Income, Net $10.1m $17.1m $26.2m $30.1m $24.1m $13.8m $14.0m $10.6m $20.8m $22.2m
Net Income (Loss) Attributable to Parent $5.7m $10.1m $290k ($29.9m) ($96.5m) ($57.9m) ($469.9m) $309.9m $75.7m $106.8m
Net Income (Loss) Available to Common Stockholders, Basic $5.7m $10.1m $290k ($29.9m) ($96.5m) ($57.9m) ($469.9m) $309.9m $75.7m $106.8m
Net Income (Loss) Attributable to Noncontrolling Interest — — $104k $387k $956k ($1.9m) ($111k) — — —
Earnings Per Share, Basic $0.27 $0.27 $0.01 ($0.70) ($2.25) ($1.35) ($10.91) $7.11 $1.59 $2.20
Earnings Per Share, Diluted $0.26 $0.27 $0.01 ($0.70) ($2.25) ($1.35) ($10.91) $6.98 $1.54 $2.15
Common Stock, Dividends, Per Share, Declared $0.23 $0.24 $0.01 ($0.70) ($2.25) ($1.35) ($10.91) $7.11 $1.59 $0.75
Weighted Average Number of Shares Outstanding, Basic 21.4m 37.2m 42.7m 42.8m 42.9m 42.9m 43.1m 43.6m 47.8m 48.5m
Weighted Average Number of Shares Outstanding, Diluted 21.6m 37.4m 42.8m 42.8m 42.9m 42.9m 43.1m 44.4m 49.4m 49.8m
Expenses
Other Nonoperating Income (Expense) $100k $153k $116k $119k $74k $184k $10.4m $2.2m $2.1m $2.5m
Deferred Policy Acquisition Costs, Amortization Expense $117.7m $175.4m $203.1m $238.3m $236.0m $173.6m $156.1m $83.3m $71.0m $97.8m
Interest Expense $723k $3.2m $9.9m $9.8m $9.6m $9.4m $9.6m $10.9m $12.0m $10.8m
Cost, Depreciation and Amortization — — — — — — — — $5.2m $4.1m
Costs and Expenses $480.2m $653.7m $728.3m $857.8m $978.8m $718.6m $910.3m $196.8m $197.1m $195.2m
Equipment Expense — — — — — — — — — $3.3m
General and Administrative Expense $43.0m $81.8m $66.1m $66.0m $72.1m $57.2m $63.3m $29.5m $44.8m $40.5m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $298.4m $365.5m $408.6m $499.5m $608.3m $422.1m $637.6m $62.9m $69.3m $46.0m
Marketing and Advertising Expense — — — — — $910k $716k $33k $41k $90.0m
Operating Lease, Expense — — — $183k $630k $654k $943k $777k $220k $438k
Other General and Administrative Expense — — — — — — — — $21.6m $3.6m
Income Tax Expense (Benefit) $1.3m ($9.2m) ($4.6m) ($3.1m) ($36.6m) ($24.0m) $25.5m $9.8m $25.3m $35.9m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.