Affirmative Insurance Holdings Inc (AFFM) financial statements (2022 and earlier)

Company profile

Business Address 4450 SOJOURN DRIVE
ADDISON, TX 75001
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments27,62023,86323,72333,73232,18144,56940,570
Cash and cash equivalents27,62023,86323,72333,73232,18144,56940,570
Total current assets:27,62023,86323,72333,73232,18144,56940,570
Noncurrent Assets
Property, plant and equipment7,1398,3899,82111,19912,63213,97815,399
Intangible assets, net (including goodwill)1,5001,5001,5001,5001,5001,5001,501
Intangible assets, net (excluding goodwill)1,5001,5001,5001,5001,5001,5001,501
Deferred costs 5,200     
Total noncurrent assets:8,63915,08911,32112,69914,13215,47816,900
Other undisclosed assets276,135298,737329,998320,767334,812326,794328,560
TOTAL ASSETS:312,394337,689365,042367,198381,125386,841386,030
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 1,100   1,600 
Total current liabilities: 1,100   1,600 
Noncurrent Liabilities
Other undisclosed liabilities448,471470,988491,593476,043483,119488,133476,736
Total liabilities:448,471472,088491,593476,043483,119489,733476,736
Stockholders' equity
Stockholders' equity attributable to parent, including:(136,077)(134,399)(126,551)(108,845)(101,994)(102,892)(90,706)
Common stock190190190187187182182
Treasury stock, value(32,910)(32,910)(32,910)(32,910)(32,910)(32,910)(32,910)
Additional paid in capital167,733167,623167,508167,216167,059167,049166,996
Accumulated other comprehensive loss  (1,447)(1,201)(1,435)(1,654)(1,549)
Accumulated deficit(269,746)(267,766)(259,892)(242,137)(234,895)(235,559)(223,425)
Other undisclosed stockholders' equity attributable to parent(1,344)(1,536)     
Total stockholders' equity:(136,077)(134,399)(126,551)(108,845)(101,994)(102,892)(90,706)
TOTAL LIABILITIES AND EQUITY:312,394337,689365,042367,198381,125386,841386,030

Income statement (P&L) ($ in thousands)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
Revenues52,43025,64425,39546,96845,52656,21653,310
Financial services revenue51,81124,96424,64646,15933,36443,89730,802
Cost of revenue
(Financial Services Costs)
(33,679) (30,853)    
Other undisclosed gross profit 92,960     
Gross profit:18,751118,604(5,458)46,96845,52656,21653,310
Operating expenses(51,308)(30,103)(52,051)(50,494)(41,840)(64,811)(60,026)
Other operating income, net107  122 
Other undisclosed operating income (loss)33,572(92,960)30,853(1)(2)(2) 
Operating income (loss):1,122(4,459)(26,656)(3,526)3,686(8,595)(6,716)
Nonoperating income (expense)
(Investment Income, Nonoperating)
(74)1,160   6,416 
Interest and debt expense(2,958)(3,307)(2,834)(3,497)(3,316)(3,514)(10,110)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes74(1,160)10,000  (6,770)65,325
Income (loss) from continuing operations before income taxes:(1,836)(7,766)(19,490)(7,023)370(12,463)48,499
Income tax expense (benefit)(144)(108)1,735(219)294329(881)
Net income (loss) available to common stockholders, diluted:(1,980)(7,874)(17,755)(7,242)664(12,134)47,618

Comprehensive Income ($ in thousands)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
Net income (loss):(1,980)(7,874)(17,755)(7,242)664(12,134)47,618
Comprehensive income (loss), net of tax, attributable to parent:(1,980)(7,874)(17,755)(7,242)664(12,134)47,618

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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