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 FY, 2016
USD

Net income (Q1, 2017)

4.9 m

Market capitalization (18-Aug-2017)

194.9 m

Cash (31-Dec-2016)

29.9 m

EV

184.2 m
Atlas Financial Holdings's current market capitalization is $194.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 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
USDQ2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

6.1 m4.8 m9.7 m16.2 m4.9 m
USDFY, 2015FY, 2016

Cash

22.4 m29.9 m

Inventories

194.9 m

PP&E

11.8 m

Goodwill

2.7 m2.7 m

Total Assets

411.6 m423.6 m

Accounts Payable

14.2 m

Total Debt

19.2 m

Total Liabilities

296.2 m

Additional Paid-in Capital

198 m199.2 m

Retained Earnings

(74.4 m)(71.7 m)

Total Equity

129.6 m127.3 m

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0 x

Financial Leverage

3.2 x3.3 x
USDFY, 2015FY, 2016

Net Income

14.4 m2.6 m

Depreciation and Amortization

315 k390 k

Cash From Investing Activities

(40.4 m)

Interest Paid

567 k885 k

Income Taxes Paid

8.6 m7 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

6.1 m4.8 m9.7 m16.2 m4.9 m

Cash From Investing Activities

(39.6 m)(40.6 m)(7.6 m)(2.4 m)

Dividends Paid

(409 k)

Income Taxes Paid

3.6 m6.2 m2.2 m3.4 m4.6 m

Atlas Financial Holdings Operating Metrics

Atlas Financial Holdings's Reported Claims, units was reported to be 20.9 k in FY, 2016, which is a 7% decrease from the previous period
FY, 2014FY, 2015FY, 2016

Reported Claims, units

17.38 k22.35 k20.85 k

    Atlas Financial Holdings Market Value History

    Traffic Overview of Atlas Financial Holdings

    Atlas Financial Holdings Online and Social Media Presence

    Atlas Financial Holdings News and Updates

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    Atlas Financial Holdings Company Life and Culture

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