Conifer Holdings, Inc. (CNFR) financial statements (2021 and earlier)
Company profile
| Business Address |
550 WEST MERRILL STREET BIRMINGHAM, MI 48009 |
| State of Incorp. | MI |
| 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 millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 39 | 20 | 23 | 23 | 19 | ||
| Cash and cash equivalents | 7 | 11 | 12 | 12 | 13 | ||
| Short-term investments | 31 | 9 | 11 | 11 | 6 | ||
| Receivables | 0 | 0 | 0 | 0 | 0 | ||
| Total current assets: | 39 | 20 | 24 | 23 | 19 | ||
| Noncurrent Assets | |||||||
| Other undisclosed assets | 208 | 213 | 216 | 180 | 159 | ||
| TOTAL ASSETS: | 247 | 233 | 239 | 204 | 178 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 205 | 191 | 186 | 136 | 101 | ||
| Total liabilities: | 205 | 191 | 186 | 136 | 101 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 43 | 42 | 53 | 68 | 77 | ||
| Common stock | 92 | 87 | 86 | 80 | 80 | ||
| Accumulated other comprehensive income (loss) | 0 | (3) | (0) | (1) | 0 | ||
| Accumulated deficit | (50) | (42) | (33) | (11) | (3) | ||
| Total stockholders' equity: | 43 | 42 | 53 | 68 | 77 | ||
| TOTAL LIABILITIES AND EQUITY: | 247 | 233 | 239 | 204 | 178 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenues | 96 | 99 | 97 | 94 | 71 | |
| Premiums earned, net | 89 | 94 | ✕ | ✕ | ✕ | |
| Financial services revenue | ✕ | ✕ | 92 | 90 | 67 | |
| Cost of revenue (Deferred Policy Acquisition Costs, Amortization Expense) | (25) | (26) | (26) | (25) | (16) | |
| Gross profit: | 71 | 73 | 71 | 69 | 55 | |
| Operating expenses | (18) | (18) | (17) | (18) | (15) | |
| Other undisclosed operating loss | (65) | |||||
| Operating income (loss): | (11) | 56 | 53 | 51 | 40 | |
| Nonoperating expense (Investment Income, Nonoperating) | (0) | (0) | ||||
| Interest and debt expense | (3) | (3) | (1) | (1) | (1) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 5 | (62) | (74) | (59) | (39) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (9) | (9) | (22) | (9) | 0 | |
| Income (loss) from equity method investments | 0 | 0 | 0 | 0 | (0) | |
| Income (loss) from continuing operations before income taxes: | (9) | (9) | (22) | (9) | 0 | |
| Income tax expense (benefit) | 1 | (0) | 0 | 0 | (0) | |
| Net loss: | (8) | (9) | (22) | (8) | (0) | |
| Net income attributable to noncontrolling interest | 0 | |||||
| Net income (loss) attributable to parent: | (8) | (9) | (22) | (8) | 0 | |
| Other undisclosed net loss available to common stockholders, basic | (1) | |||||
| Net loss available to common stockholders, diluted: | (8) | (9) | (22) | (8) | (0) | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Net loss: | (8) | (9) | (22) | (8) | (0) | |
| Other comprehensive income (loss) | 3 | (2) | 1 | (1) | (1) | |
| Comprehensive loss: | (5) | (11) | (21) | (10) | (1) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (5) | (11) | (21) | (10) | (1) | |
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.