AmTrust Financial Services revenue breakdown by business segment: 33.1% from Specialty Risk and Extended Warranty, 47.2% from Small Commercial Business and 19.7% from Specialty Program
USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|
Revenue | 2.7b | 4.1b | 4.7b | 5.5b | 6.0b |
Revenue growth, % | 51% | 14% | 17% | ||
Operating expense total | 2.3b | 4.1b | 4.9b | 6.4b | |
EBIT | 355.8m | 448.4m | 535.9m | ||
EBIT margin, % | 13% | 11% | 11% | ||
Interest expense | 34.7m | 45.9m | 48.1m | 79.5m | 98.3m |
Income tax expense | 98.0m | 53.7m | 66.3m | 85.3m | (99.4m) |
Net Income | 289.2m | 446.6m | 510.5m | 430.4m | (334.9m) |
USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q2, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 796.5m | 954.0m | 1.0b | 1.1b | 1.1b | 1.1b | 1.2b | 1.3b | 1.4b | 1.4b | 1.4b | 1.6b | 1.5b | 3.7b |
Operating expense total | 697.4m | 832.8m | 882.9m | 938.4m | 943.4m | 975.3m | 1.1b | 1.1b | 1.2b | 1.2b | 1.3b | 1.6b | 1.8b | |
Interest expense | 9.1m | 11.5m | 12.6m | 10.3m | 9.6m | 12.9m | 17.7m | 17.9m | 24.0m | 23.6m | 24.2m | 22.9m | ||
Income tax expense | 32.7m | 27.4m | 18.0m | (7.7m) | 46.8m | 4.5m | (12.6m) | 27.7m | 23.8m | 35.5m | 21.4m | (19.7m) | (62.6m) | (19.0m) |
Net Income | 59.7m | 101.7m | 104.2m | 157.2m | 164.1m | 80.7m | 193.0m | 113.1m | 144.5m | 118.1m | 50.2m | 29.1m | (158.8m) | 579.0m |
USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|
Cash | 830.0m | 902.8m | 932.0m | 567.8m | 763.1m |
Accounts Receivable | 18.6m | ||||
Inventories | 3.7b | 5.9b | 8.0b | 8.1b | |
PP&E | 104.3m | 154.2m | 281.5m | 314.3m | 453.4m |
Goodwill | 373.6m | 352.7m | 432.7m | 686.6m | 552.9m |
Total Assets | 11.3b | 13.8b | 17.1b | 22.6b | 25.2b |
Accounts Payable | 9.8m | ||||
Short-term debt | |||||
Long-term debt | |||||
Total Debt | |||||
Total Liabilities | 9.7b | 14.0b | 19.1b | 21.8b | |
Additional Paid-in Capital | 1.0b | 1.0b | 1.4b | 1.4b | 1.6b |
Retained Earnings | 593.6m | 954.7m | 1.3b | 1.4b | 860.9m |
Total Equity | 3.1b | 3.5b | 3.4b | ||
Financial Leverage | 5.5 x | 6.5 x | 7.5 x |
USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 485.8m | 539.0m | 569.1m | 546.2m | 997.0m | 846.0m | 910.7m | 998.3m | 1.1b | 1.1b | 621.7m | 891.6m | 766.1m | |
Inventories | 3.2b | 4.2b | 4.3b | 4.5b | 4.8b | 5.2b | 5.5b | 6.7b | 7.3b | 7.6b | 8.5b | 8.1b | 8.0b | |
PP&E | 95.3m | 108.2m | 116.3m | 150.9m | 167.5m | 180.8m | 225.8m | 292.4m | 316.5m | 339.1m | 451.6m | 462.3m | 458.3m | |
Goodwill | 249.2m | 393.1m | 397.6m | 400.3m | 458.0m | 422.4m | 501.0m | 426.3m | 603.7m | 654.9m | 704.6m | 808.2m | 790.4m | |
Total Assets | 9.9b | 12.2b | 12.8b | 13.2b | 14.8b | 16.0b | 17.0b | 18.4b | 21.2b | 21.5b | 23.9b | 25.3b | 25.8b | 25.7b |
Total Liabilities | 8.4b | 10.5b | 11.0b | 11.1b | 12.2b | 13.3b | 14.2b | 15.0b | 18.0b | 17.8b | 20.4b | 21.4b | 22.1b | |
Additional Paid-in Capital | 1.0b | 1.0b | 1.0b | 1.0b | 1.1b | 1.1b | 1.1b | 1.4b | 1.4b | 1.4b | 1.4b | 1.6b | 1.6b | |
Retained Earnings | 538.2m | 678.4m | 761.0m | 902.6m | 1.1b | 1.1b | 1.3b | 1.4b | 1.3b | 1.6b | 1.4b | 1.4b | 1.2b | |
Total Equity | 2.6b | 2.8b | 3.3b | 3.2b | 3.7b | 3.5b | 3.9b | 3.7b | ||||||
Financial Leverage | 6.1 x | 6.1 x | 5.5 x | 6.6 x | 5.8 x | 6.8 x | 6.5 x | 7 x |
USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 59.7m | 101.7m | 104.2m | 157.2m | 164.1m | 244.9m | 437.9m | 113.1m | 241.3m | 383.4m | 50.2m | 79.3m | (79.5m) | |
Depreciation and Amortization | 38.5m | 61.6m | 25.3m | 59.9m | 89.8m | 40.8m | 81.5m | 118.7m | ||||||
Cash From Operating Activities | 182.1m | 543.7m | 688.5m | 648.7m | 839.9m | 249.1m | 277.6m | (74.2m) | 296.0m | |||||
Purchases of PP&E | (44.4m) | (100.4m) | (25.6m) | (84.1m) | (93.8m) | (156.2m) | (188.7m) | (193.2m) | ||||||
Cash From Investing Activities | (730.5m) | (1.0b) | (702.9m) | (834.2m) | (835.9m) | (366.3m) | (103.3m) | 223.5m | (447.0m) | |||||
Cash From Financing Activities | 494.0m | 507.6m | 84.8m | 329.7m | 182.3m | 167.8m | 130.5m | (3.9m) |