Atlas Financial Holdings, Inc. (AFH) financial statements (2021 and earlier)

Company profile

Business Address 953 AMERICAN LANE, 3RD FLOOR
SCHAUMBURG, IL 60173
State of Incorp.
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)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3940463022
Cash and cash equivalents3935463022
Short-term investments  5   
Total current assets:3940463022
Noncurrent Assets
Operating lease, right-of-use asset12
Property, plant and equipment20223124123
Long-term investments and receivables  24252523
Long-term investments  24252523
Intangible assets, net (including goodwill)234778
Goodwill   333
Intangible assets, net (excluding goodwill)234455
Regulated entity, other noncurrent assets    0 
Total noncurrent assets:232659574433
Other undisclosed assets92116372380350356
TOTAL ASSETS:118151470483424412
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities137159465392296282
Total liabilities:137159465392296282
Stockholders' equity
Stockholders' equity attributable to parent(20)(8)691127130
Preferred stock     7
Common stock 00000
Treasury stock, value(3)(3)(3)   
Additional paid in capital8282202201199198
Accumulated other comprehensive income (loss)10(3)0(0)(1)
Accumulated deficit(99)(87)(191)(111)(72)(74)
Other undisclosed stockholders' equity attributable to parent0     
Total stockholders' equity:(20)(8)691127130
TOTAL LIABILITIES AND EQUITY:118151470483424412

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues(10)121222222178157
Premiums earned, net(22)110218
Financial services revenue216171152
Cost of revenue85(12)(221)(204)(135)(19)
Policyholder benefits and claims incurred, net96 (221)
Deferred policy acquisition costs, amortization expense(12)(12)   (19)
Financial services costs(204)(135) 
Gross profit:7510911843138
Operating expenses(9)(133)(286)(266)(177)(135)
Operating income (loss):66(25)(285)(248)(134)3
Interest and debt expense(1)(1)(2)(2)(1)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(83)1322320613619
Income (loss) from continuing operations before income taxes:(18)(13)(64)(44)122
Income tax expense (benefit)0(0)(16)52(8)
Net income (loss):(18)(13)(80)(39)314
Other undisclosed net loss attributable to parent(8)(7)    
Net income (loss) attributable to parent:(26)(20)(80)(39)314
Preferred stock dividends and other adjustments    (0)(0)
Other undisclosed net income available to common stockholders, basic77    
Net income (loss) available to common stockholders, basic:(18)(13)(80)(39)214
Other undisclosed net income available to common stockholders, diluted     0
Net income (loss) available to common stockholders, diluted:(18)(13)(80)(39)214

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(18)(13)(80)(39)314
Other comprehensive income (loss)04(3)01(1)
Comprehensive income (loss):(18)(9)(83)(39)313
Other undisclosed comprehensive loss, net of tax, attributable to parent(8)(7)    
Comprehensive income (loss), net of tax, attributable to parent:(26)(16)(83)(39)313

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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