Palomar Specialty (PLMR) stock price, revenue, and financials

Palomar Specialty market cap is $2 b, and annual revenue was $113.30 m in FY 2019

$2 B

PLMR Mkt cap, 03-Mar-2021

$43.1 M

Palomar Specialty Revenue Q2, 2020
Palomar Specialty Net income (Q2, 2020)12 M
Palomar Specialty Cash, 30-Jun-2020109.3 M

Palomar Specialty Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

42.7m59.5m73.0m113.3m

Revenue growth, %

39%23%

Cost of goods sold

5.6m

Gross profit

107.7m

Gross profit Margin, %

95%

Operating expense total

34.8m52.8m52.5m

Interest expense

1.6m1.7m2.3m1.1m

Investment income

6.0m

Pre tax profit

6.3m4.9m18.2m18.1m

Income tax expense

(337.0k)1.1m(6.0k)7.5m

Net Income

6.6m3.8m18.2m10.6m

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

22.3m25.9m30.5m38.0m43.1m

Cost of goods sold

316.0k643.0k2.4m1.9m

Gross profit

22.0m25.3m28.0m36.2m

Gross profit Margin, %

99%98%92%95%

Interest expense

429.0k639.0k

Investment income

960.0k1.5m1.7m2.0m2.1m

Pre tax profit

(14.3m)8.5m9.4m15.2m15.3m

Income tax expense

145.0k1.8m2.0m3.4m3.3m

Net Income

(14.4m)6.7m7.5m11.8m12.0m

Palomar Specialty Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

10.8m9.5m33.1m

Prepaid Expenses

1.3m5.9m14.9m

PP&E

827.0k947.0k845.0k

Total Assets

188.4m231.1m395.5m

Accounts Payable

6.5m9.2m

Long-term debt

17.1m19.1m

Total Debt

17.1m19.1m

Total Liabilities

140.0m134.8m176.9m

Common Stock

2.0k2.0k2.0k

Additional Paid-in Capital

91.5m68.5m180.0m

Retained Earnings

6.9m28.4m33.9m

Total Equity

78.4m96.3m218.6m

Debt to Equity Ratio

0.2 x0.2 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

2.4 x2.4 x1.8 x

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

10.5m14.4m16.5m23.8m109.3m

Prepaid Expenses

8.3m9.1m10.4m13.6m26.3m

PP&E

921.0k886.0k860.0k811.0k791.0k

Total Assets

246.2m349.4m372.8m443.6m584.1m

Total Liabilities

144.3m149.8m164.4m182.8m208.8m

Common Stock

2.0k2.0k2.0k2.0k2.0k

Additional Paid-in Capital

91.5m179.2m179.6m216.3m308.1m

Retained Earnings

8.8m15.5m23.0m45.6m57.6m

Total Equity

101.9m199.6m208.5m260.8m375.2m

Financial Leverage

2.4 x1.8 x1.8 x1.7 x1.6 x

Palomar Specialty Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

6.6m3.8m18.2m10.6m

Depreciation and Amortization

177.0k274.0k655.0k216.0k

Accounts Payable

1.8m2.2m2.7m3.3m

Cash From Operating Activities

15.8m20.2m22.8m41.7m

Purchases of PP&E

(898.0k)(68.0k)(332.0k)(115.0k)

Cash From Investing Activities

(11.5m)(19.1m)(25.4m)(80.6m)

Long-term Borrowings

(17.5m)(20.0m)

Dividends Paid

(5.1m)

Cash From Financing Activities

1.5m62.3m

Net Change in Cash

42.9m1.1m(1.0m)23.4m

Interest Paid

1.5m1.6m1.7m1.2m

Income Taxes Paid

3.0k9.0k11.0k5.6m

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash From Operating Activities

2.5m16.9m35.7m21.8m24.5m

Purchases of PP&E

(27.0k)(44.0k)(72.0k)(24.0k)(63.0k)

Cash From Investing Activities

3.6m(74.2m)(91.0m)(66.9m)(75.1m)

Long-term Borrowings

(20.0m)

Dividends Paid

(5.1m)(5.1m)(5.1m)

Cash From Financing Activities

(5.1m)62.3m62.3m35.9m127.2m

Net Change in Cash

967.0k5.0m7.0m(9.2m)76.6m

Interest Paid

444.0k1.2m1.2m

Palomar Specialty Ratios

USDFY, 2016