AFHIF · Atlas Financial Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.07M | $999.0K | $1.59M | - | $1.78M | $1.24M | $2.34M | - | $2.04M | $1.28M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $4.82M | $6.03M | $5.74M | - | $5.85M | $579.0K | $5.04M | - | $5.75M | $6.14M |
| D&A | $347.0K | $348.0K | $354.0K | - | $378.0K | $394.0K | $684.0K | - | $741.0K | $854.0K |
| Operating Income | ($3.75M) | ($5.03M) | ($4.15M) | - | ($4.07M) | $660.0K | ($2.70M) | - | ($3.71M) | ($4.86M) |
| Interest Expense | $801.0K | $772.0K | $601.0K | - | $556.0K | $514.0K | $569.0K | - | $571.0K | $501.0K |
| Income Tax | $0 | $0 | $0 | - | $0 | $0 | $0 | - | ($148.0K) | ($227.0K) |
| Net Income | ($3.75M) | ($5.03M) | ($4.15M) | - | ($4.06M) | $659.0K | ($2.55M) | - | ($3.52M) | ($4.73M) |
| EPS - Basic | ($0.21) | ($0.29) | ($0.28) | - | ($0.28) | $0.06 | ($0.21) | - | ($0.30) | ($0.40) |
| EPS - Diluted | ($0.21) | ($0.29) | ($0.28) | - | ($0.28) | $0.06 | ($0.21) | - | ($0.30) | ($0.40) |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $82.0K | $1.86M | $615.0K | $2.27M | $1.52M | $2.01M | $2.96M | $5.24M | $2.99M | $2.65M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $21.45M | $41.76M | $44.22M | $48.19M | $95.45M | $102.80M | $109.22M | $119.70M | $117.76M | $125.36M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $53.74M | $72.64M | $72.41M | $73.69M | $121.35M | $125.60M | $132.82M | $140.59M | $137.29M | $141.50M |
| Stockholders' Equity | ($32.29M) | ($30.88M) | ($28.20M) | ($25.50M) | ($25.90M) | ($22.80M) | ($23.60M) | ($20.89M) | ($19.53M) | ($16.14M) |
| Retained Earnings | ($118.56M) | ($114.81M) | ($109.78M) | ($105.63M) | ($106.15M) | ($102.09M) | ($102.75M) | ($100.20M) | ($99.02M) | ($95.49M) |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($5.06M) | - | - | - | ($6.00M) | - | - | - |
| Investing Cash Flow | - | - | $1.0K | - | - | - | $2.72M | - | - | - |
| Financing Cash Flow | - | - | $2.50M | - | - | - | $1.80M | - | - | - |
| CapEx | - | - | - | - | - | - | $0 | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | ($6.00M) | - | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -350.1% | -503.5% | -261.7% | - | -228.3% | 53.3% | -115.4% | - | -181.9% | -380.1% |
| EBITDA margin | -317.7% | -468.7% | -239.4% | - | -207.1% | 85.1% | -86.2% | - | -145.6% | -313.3% |
| Net margin | -350.1% | -503.5% | -261.7% | - | -227.5% | 53.2% | -108.9% | - | -172.7% | -370.4% |
| Free cash flow margin | - | - | - | - | - | - | -256.2% | - | - | - |
| FCF / Net income | - | - | - | - | - | - | 2.35 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | 0.0% | - | - | - | - |
| Return on assets | -17.5% | -12.0% | -9.4% | - | -4.2% | 0.6% | -2.3% | - | -3.0% | -3.8% |
| Return on equity | 11.6% | 16.3% | 14.7% | - | 15.7% | -2.9% | 10.8% | - | 18.0% | 29.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -4.7x | -6.5x | -6.9x | - | -7.3x | 1.3x | -4.7x | - | -6.5x | -9.7x |
| Equity multiplier | -0.66 | -1.35 | -1.57 | -1.89 | -3.68 | -4.51 | -4.63 | -5.73 | -6.03 | -7.77 |
| Liabilities / Assets | 2.51 | 1.74 | 1.64 | 1.53 | 1.27 | 1.22 | 1.22 | 1.17 | 1.17 | 1.13 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | 0.02 | 0.04 | - | 0.02 | 0.01 | 0.02 | - | 0.02 | 0.01 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -40.0% | -19.4% | -32.3% | - | -12.6% | -3.1% | 6.1% | - | -95.1% | -97.1% |
| Revenue CAGR (3y) | -70.5% | -71.8% | -68.3% | - | -68.3% | -72.0% | -65.5% | - | -67.1% | -71.6% |
| Revenue CAGR (5y) | -54.9% | -55.3% | -49.8% | - | -47.6% | -50.8% | -44.1% | - | -45.7% | -49.7% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 8.0% | - | -53.6% | - | -9.6% | - | 13.7% | - | -67.5% | -56.1% |
| Net income growth (YoY) | 7.6% | - | -62.8% | - | -15.1% | - | 22.5% | - | -57.2% | -52.1% |
| EPS growth (YoY) | 25.0% | - | -33.3% | - | 6.7% | - | 22.2% | - | -57.9% | -53.8% |
| EPS CAGR (3y) | - | - | - | - | - | -49.6% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | -30.9% | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | 56.2% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -24.6% | -35.4% | -19.5% | -22.1% | -32.6% | -41.3% | -101.4% | -146.9% | - | - |
Peer comparison
Same SIC group: Fire, Marine & Casualty Insurance
Comparing Atlas Financial Holdings against the 5 most active filers in the same SIC group.