
FedNat Holding Company Income Statement 2021-2008 | FNHC
Brief overview of profit and loss at FedNat Holding Company
The overview follows changes across a five-year period. Revenue reported by FedNat Holding Company was $308 million at the beginning of the period and $246 million at the end. The cumulative result was −20.2%, corresponding to roughly −4.4% per year. The business finished the period with a smaller revenue base.
The net financial result changed from $1 million to −$103 million. The move from profit to loss indicates a material deterioration in final efficiency.
Over the period, capitalization shifted from 229 million dollars to 22.7 million dollars (−90.1%). Investors responded cautiously to the improvement in the business.
Financial takeaway
The current trajectory does not yet confirm a sustainable recovery. The weaker side of the profile includes a softer top-line trend, lower investor confidence and lower net income. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement FedNat Holding Company
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
22.7 M | 71 M | 193 M | 218 M | 181 M | 229 M | 305 M | 314 M | 99.8 M | 41.6 M | 21.6 M | - | - | - |
Shares |
16.7 M | 13.8 M | 13 M | 12.8 M | 13.2 M | 13.8 M | 13.7 M | 12.1 M | 8.51 M | 7.95 M | 7.95 M | 7.95 M | 8 M | - |
Historical Prices |
1.36 | 5.13 | 14.9 | 17.1 | 13.7 | 16.7 | 22.2 | 26 | 11.7 | 5.23 | 2.72 | - | - | - |
Net Income |
-103 M | -78.2 M | 1.01 M | 14.9 M | 7.99 M | 1.02 M | 39.3 M | 37.2 M | 12.7 M | 4.31 M | -430 K | -8 M | -10.3 M | - |
Revenue |
246 M | 432 M | 415 M | 396 M | 392 M | 308 M | 243 M | 201 M | 122 M | 68.6 M | 60.2 M | 60.6 M | 58.9 M | - |
Gross Profit |
- | 432 M | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
8.76 M | 7.66 M | 10.8 M | 4.18 M | 348 K | 348 K | 256 K | - | - | - | - | - | - | - |
EBITDA |
1.92 M | 1.9 M | 1.48 M | 1.38 M | 1.17 M | 869 K | 624 K | 149 K | 263 K | 195 K | - | - | - | - |
Operating Expenses |
- | 23.4 M | 414 M | 376 M | 383 M | 306 M | 181 M | 143 M | 103 M | 61.9 M | 61.2 M | 72.6 M | 75.1 M | - |
General and Administrative Expenses |
24.4 M | 23.4 M | 23.2 M | 22.2 M | 20 M | 17.2 M | 14.7 M | 10.3 M | 7.53 M | 8.44 M | 8 M | - | - | - |
All numbers in USD currency
Quarterly Income Statement FedNat Holding Company
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
- | - | - | 17.5 M | 17.4 M | 17.4 M | 17.4 M | 14.4 M | 13.7 M | 13.7 M | 13.7 M | 14.2 M | 14.4 M | 12.9 M | 12.8 M | 12.8 M | 12.8 M | 12.7 M | 12.7 M | 12.8 M | 13 M | 13.1 M | 13.2 M | 13.4 M | 13.5 M | 13.8 M | 13.8 M | 13.8 K | 13.8 M | 13.7 M | 13.7 M | 13.7 M | 13.6 M | 12.6 M | 11.1 M | 10.9 M | 10.9 M | 8.07 M | 8.02 M | 7.98 M | 7.98 M | 7.95 M | 7.95 M | 7.95 M | 7.95 M | 7.95 M | 7.95 M | 7.95 M |
Net Income |
- | - | - | -43.9 M | - | -24.8 M | -50.4 M | -19.4 M | - | -20.7 M | -21.5 M | 2.13 M | -6.89 M | 4.66 M | 7.11 M | -3.86 M | -9.3 M | 7.95 M | 8.82 M | 7.46 M | 6.3 M | -5.51 M | 4.94 M | 3.14 M | -8.79 M | 1.39 M | 991 K | 9.54 M | 9.27 M | 10.6 M | 11.7 M | 9.28 M | 10 M | 7.23 M | 11.6 M | 8.42 M | - | 3.28 M | 2.54 M | 2.34 M | - | 750 K | 1.42 M | 1.07 M | - | 428 K | -805 K | -2.01 M |
Revenue |
- | - | - | 42.2 M | - | 66.7 M | 59 M | 52.7 M | - | 97.3 M | 134 M | 116 M | 109 M | 99.5 M | 105 M | 101 M | 96.4 M | 111 M | 95.7 M | 93.1 M | 102 M | 95.9 M | 97.6 M | 92.9 M | 90 M | 83.8 M | 75.1 M | 69 M | 63.6 M | 72.6 M | 58.8 M | 54.9 M | 48.8 M | 43.2 M | 59 M | 49.7 M | - | 31.9 M | 28.2 M | 21.9 M | - | 17.3 M | 16.8 M | 14.7 M | - | 16.2 M | 14.2 M | 13.1 M |
Interest Expense |
- | - | - | 2.3 M | - | 2.3 M | 2.23 M | 1.93 M | - | 1.92 M | 1.92 M | 1.92 M | - | 1.89 M | 1.92 M | 5.05 M | - | 1.03 M | 1.02 M | 1.08 M | - | 81 K | 82 K | 84 K | - | 81 K | 94 K | 84 K | - | 65 K | 86 K | 11 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
- | - | - | 413 K | - | 1.45 M | -40 K | 460 K | - | 1.43 M | 1.1 M | 465 K | - | 1.09 M | 725 K | 355 K | - | 1.03 M | 682 K | 371 K | - | 312 K | 275 K | 270 K | - | 620 K | 392 K | 187 K | - | 495 K | 302 K | 152 K | - | 334 K | 189 K | 76 K | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55 M | 40.2 M | 40.5 M | - | 31.7 M | 41 M | 36 M | - | 27.1 M | 24.1 M | 18.1 M | - | 16.2 M | 14.5 M | 13.1 M | - | 15.7 M | 15.3 M | 16.3 M |
General and Administrative Expenses |
- | - | - | 7 M | - | 5.97 M | 5.81 M | 6.07 M | - | 5.33 M | 5.66 M | 6.24 M | - | 5.25 M | 5.78 M | 6.31 M | - | 5 M | 5.26 M | 6.08 M | - | 5.04 M | 5.08 M | 4.62 M | - | 4.04 M | 5.09 M | 4.08 M | - | 4.89 M | 3.29 M | 3.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company FedNat Holding Company (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.