Atlas Financial Holdings

Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage. Liability insurance provides coverage where the insured is responsible for an automobile accident, for the payment for injuries and property damage to third parties. Accident benefit policies or personal injury protection policies provide coverage for loss of income, medical and rehabilitation expenses for insured persons who are injured in an automobile accident, Physical damage coverages provide for the payment of damages to an insured automobile arising from a collision with another object or from other risks. In January 2013, the Company acquired Camelot Services Inc. and its insurance subsidiary, Gateway Insurance Company.
Type
Public
HQ
Elk Grove Village, US
Founded
2010
Size (employees)
128 (est)
Atlas Financial Holdings was founded in 2010 and is headquartered in Elk Grove Village, US

Atlas Financial Holdings Office Locations

Atlas Financial Holdings has an office in Elk Grove Village
Elk Grove Village, US (HQ)
150 Nw Point Blvd

Atlas Financial Holdings Data and Metrics

Atlas Financial Holdings Financial Metrics

Atlas Financial Holdings's revenue was reported to be $177.6 m in 2016
Numbers are in $, USD

Revenue (Y, 2016)

177.6 m

Revenue growth (Y, 2015 - Y, 2016), %

13%

Net income (Y, 2016)

2.6 m

Market capitalization (24-May-2017)

179.9 m

Closing share price (24-May-2017)

14.8

Cash (31-Dec-2016)

29.9 m
Atlas Financial Holdings's current market capitalization is $179.9 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015Y, 2016

Revenue

74 m101.6 m156.9 m177.6 m

Revenue growth, %

37%54%13%

Operating expense total

134.8 m177.1 m

Interest expense

638 k1 m

Pre tax profit

22 m512 k

Income tax expense

7.6 m(2.1 m)

Net Income

6.2 m17.7 m14.4 m2.6 m
Numbers are in $, USDFY, 2015FY, 2016

Cash

22.4 m29.9 m

Accounts Receivable

Inventories

PP&E

11.8 m

Goodwill

2.7 m2.7 m

Total Assets

411.6 m423.6 m

Accounts Payable

Additional Paid-in Capital

198 m199.2 m

Retained Earnings

(74.4 m)(71.7 m)

Total Equity

129.6 m127.3 m

Financial Leverage

3.2 x3.3 x
Numbers are in $, USDFY, 2015FY, 2016

Net Income

14.4 m2.6 m

Depreciation and Amortization

315 k390 k

Accounts Receivable

Inventories

Accounts Payable

Cash From Investing Activities

(40.4 m)

Dividends Paid

Interest Paid

567 k885 k

Income Taxes Paid

8.6 m7 m
Numbers are in $, USDY, 2016

Revenue/Employee

1.4 m

Financial Leverage

3.3 x

Atlas Financial Holdings Market Value History

Atlas Financial Holdings Online and Social Media Presence

Atlas Financial Holdings News and Updates

Atlas Financial Holdings Company Life and Culture

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