FG Financial Group, Inc. (FGF) Financial Statements (2024 and earlier)
Company Profile
Business Address |
104 S. WALNUT STREET ITASCA, IL 60143 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 30,522 | 31,779 | 29,531 | 31,687 | 23,866 | 25,268 | |||
Cash and cash equivalents | 2,962 | 4,304 | 3,010 | 9,647 | 12,832 | 8,501 | |||
Short-term investments | 27,560 | 27,475 | 26,521 | 22,040 | 11,034 | 16,767 | |||
Receivables | 11,508 | 10,402 | 9,269 | 7,710 | 7,332 | 3,773 | |||
Total current assets: | 42,030 | 42,181 | 38,800 | 39,397 | 31,198 | 29,041 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 65 | ||||||||
Total noncurrent assets: | 65 | ||||||||
Other undisclosed assets | 6,536 | 7,823 | 10,675 | 9,526 | 6,010 | 6,603 | |||
TOTAL ASSETS: | 48,566 | 50,004 | 49,475 | 48,923 | 37,273 | 35,644 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Debt | 500 | ||||||||
Total current liabilities: | 500 | ||||||||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 4,781 | 4,234 | 225 | 172 | 117 | 51 | |||
Restructuring reserve | 4,665 | 4,044 | |||||||
Other liabilities | 116 | 190 | 225 | 172 | 117 | 51 | |||
Total noncurrent liabilities: | 4,781 | 4,234 | 225 | 172 | 117 | 51 | |||
Other undisclosed liabilities | 6,778 | 6,463 | 11,955 | 11,059 | 9,443 | 5,791 | |||
Total liabilities: | 11,559 | 11,197 | 12,180 | 11,231 | 9,560 | 5,842 | |||
Equity | |||||||||
Equity, attributable to parent | 37,007 | 38,807 | 37,295 | 37,692 | 27,713 | 29,802 | |||
Preferred stock | 22,365 | 22,365 | 22,365 | 22,365 | 22,365 | 22,365 | |||
Common stock | 10 | 9 | 9 | 9 | 9 | 7 | |||
Additional paid in capital | 52,302 | 50,736 | 50,021 | 50,104 | 49,933 | 46,099 | |||
Accumulated deficit | (37,670) | (34,303) | (35,100) | (34,786) | (44,594) | (38,669) | |||
Total equity: | 37,007 | 38,807 | 37,295 | 37,692 | 27,713 | 29,802 | |||
TOTAL LIABILITIES AND EQUITY: | 48,566 | 50,004 | 49,475 | 48,923 | 37,273 | 35,644 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 2,186 | 6,527 | 4,906 | 15,771 | 2,473 | |||
Premiums earned, net | 3,685 | 3,657 | 3,189 | 4,383 | 2,953 | 2,473 | ||
Net investment income | (1,529) | 2,840 | 1,663 | 11,174 | (3,714) | (2,346) | ||
Gross profit: | 2,186 | 6,527 | 4,906 | 15,771 | 2,473 | |||
Operating expenses | (5,109) | (5,177) | (4,773) | (5,516) | (4,743) | (3,975) | ||
Operating income (loss): | (2,923) | 1,350 | 133 | 10,255 | (5,478) | (1,502) | ||
Nonoperating income (expense) (Investment Income, Nonoperating) | 300 | 10,300 | (1,046) | |||||
Income (loss) from continuing operations before equity method investments, income taxes: | (2,923) | 1,650 | 10,433 | 10,255 | (5,478) | (2,548) | ||
Income from equity method investments | 2,680 | |||||||
Other undisclosed loss from continuing operations before income taxes | (2,980) | (10,300) | (1,275) | |||||
Income (loss) from continuing operations: | (2,923) | 1,350 | 133 | 10,255 | (5,478) | (3,823) | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 10,255 | (5,478) | (3,823) | |
Net income (loss) attributable to parent: | (2,923) | 1,350 | 133 | 10,255 | (5,478) | (3,823) | ||
Preferred stock dividends and other adjustments | (444) | (447) | (447) | (447) | (447) | (447) | ||
Net income (loss) available to common stockholders, diluted: | (3,367) | 903 | (314) | 9,808 | (5,925) | (4,270) |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (2,923) | 1,350 | 133 | 10,255 | (5,478) | (3,823) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (2,923) | 1,350 | 133 | 10,255 | (5,478) | (3,823) |
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.