American Independence Corp (AMIC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
485 MADISON AVE. NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6321 - Accident and Health Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 5,765 | 5,707 | 4,424 | 4,576 | ||
| Cash and cash equivalents | 5,765 | 4,569 | 4,424 | 4,576 | ||
| Short-term investments | 1,138 | |||||
| Total current assets: | 5,765 | 5,707 | 4,424 | 4,576 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 940 | 782 | 571 | 195 | ||
| Long-term investments and receivables | 500 | |||||
| Long-term investments | 500 | |||||
| Intangible assets, net (including goodwill) | 19,816 | 9,915 | 25,897 | 26,940 | ||
| Goodwill | 5,703 | 23,561 | 23,561 | |||
| Intangible assets, net (excluding goodwill) | 14,113 | 9,915 | 2,336 | 3,379 | ||
| Total noncurrent assets: | 20,756 | 10,697 | 26,468 | 27,635 | ||
| Other undisclosed assets | 170,453 | 149,377 | 137,502 | 126,772 | ||
| TOTAL ASSETS: | 196,974 | 165,781 | 168,394 | 158,983 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 89,776 | 71,441 | 65,790 | 54,759 | ||
| Total liabilities: | 89,776 | 71,441 | 65,790 | 54,759 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | 103,920 | 91,580 | 102,386 | 104,152 | ||
| Common stock | 92 | 92 | 92 | 92 | ||
| Treasury stock, value | (10,161) | (10,243) | (10,305) | (9,107) | ||
| Additional paid in capital | 88,637 | 79,746 | 479,481 | 479,451 | ||
| Accumulated other comprehensive income (loss) | (197) | (154) | (2,152) | 1,829 | ||
| Retained earnings (accumulated deficit) | 25,549 | 22,139 | (364,730) | (368,113) | ||
| Stockholders' equity attributable to noncontrolling interest | 3,278 | 2,760 | 218 | 72 | ||
| Total stockholders' equity: | 107,198 | 94,340 | 102,604 | 104,224 | ||
| TOTAL LIABILITIES AND EQUITY: | 196,974 | 165,781 | 168,394 | 158,983 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 183,266 | 164,876 | 153,269 | 101,885 | |
| Financial services revenue | 179,766 | 162,491 | 127,203 | 83,778 | |
| Cost of revenue (Financial Services Costs) | (98,741) | (88,887) | (87,118) | (56,849) | |
| Gross profit: | 84,525 | 75,989 | 66,151 | 45,036 | |
| Operating expenses | (78,015) | (71,444) | (59,859) | (38,384) | |
| Operating income: | 6,510 | 4,545 | 6,292 | 6,652 | |
| Nonoperating income (Investment Income, Nonoperating) | 3,169 | 3,186 | 1,965 | ||
| Income from continuing operations before equity method investments, income taxes: | 6,510 | 7,714 | 9,478 | 8,617 | |
| Income from equity method investments | 175 | 446 | 57 | ||
| Income from continuing operations before income taxes: | 6,510 | 7,889 | 9,924 | 8,674 | |
| Income tax expense (benefit) | (2,695) | 802 | (1,874) | 3,890 | |
| Income before gain (loss) on sale of properties: | 3,815 | 8,691 | 8,050 | 12,564 | |
| Other undisclosed net loss | (3,344) | (3,632) | (2,022) | ||
| Net income: | 3,815 | 5,347 | 4,418 | 10,542 | |
| Net loss attributable to noncontrolling interest | (97) | (983) | (950) | ||
| Other undisclosed net loss attributable to parent | (286) | ||||
| Net income available to common stockholders, diluted: | 3,529 | 5,250 | 3,435 | 9,592 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income: | 3,815 | 5,347 | 4,418 | 10,542 | |
| Other comprehensive income (loss) | (43) | 1,998 | |||
| Other undisclosed comprehensive income (loss) | (3,981) | 551 | |||
| Comprehensive income: | 3,772 | 7,345 | 437 | 11,093 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (286) | (194) | 983 | 950 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 97 | (1,966) | (1,900) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,486 | 7,248 | (546) | 10,143 | |
Statements Sources
The financial statements are based on the Company's filings with 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.