Patriot National

Patriot National, Inc. is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. The Company provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, self-funded health plans and employment pre-screening services to its insurance carrier clients, employers and other clients. Its end-to-end portfolio of services enables the clients to increase business production, contain costs, reduce claims experience and reduce employment risk.

Type
Public
HQ
Fort Lauderdale, US
Founded
2003
Size (employees)
1,145 (est)
Website
patnat.com
Patriot National was founded in 2003 and is headquartered in Fort Lauderdale, US

Patriot National Office Locations

Patriot National has an office in Fort Lauderdale
Fort Lauderdale, US (HQ)
1650 Bank of America Plaza 401 E Las Olas Blvd

Patriot National Data and Metrics

Patriot National Financial Metrics

Patriot National's revenue was reported to be $209.7 m in FY, 2015 which is a 79% increase from the previous period.
USD

Revenue (FY, 2015)

209.7 m

Revenue growth (FY, 2014 - FY, 2015), %

79%

Net income (FY, 2015)

(5.4 m)

Market capitalization (17-Aug-2017)

76.1 m

Cash (31-Dec-2015)

8.4 m

EV

194.5 m
Patriot National's current market capitalization is $76.1 m.
USDFY, 2013FY, 2014FY, 2015

Revenue

55.9 m117.3 m209.7 m

Revenue growth, %

110%79%

Operating expense total

61.5 m95.2 m210.1 m

Interest expense

1.2 m9.2 m3.5 m

Pre tax profit

(5.6 m)22.1 m(394 k)

Income tax expense

712 k11.6 m4.9 m

Net Income

(6.2 m)10.4 m(5.4 m)
USDFY, 2014FY, 2015

Cash

4.3 m8.4 m

Current Assets

30 m65.3 m

PP&E

1.9 m5.1 m

Goodwill

61.5 m118.1 m

Total Assets

142.1 m308.2 m

Accounts Payable

15 m32.8 m

Total Debt

115.6 m126.8 m

Current Liabilities

60 m90.7 m

Total Liabilities

170.4 m221.7 m

Additional Paid-in Capital

120 m

Retained Earnings

(27.9 m)(33.3 m)

Total Equity

(28.3 m)86.5 m

Debt to Equity Ratio

-4.1 x1.5 x

Debt to Assets Ratio

0.8 x0.4 x

Financial Leverage

-5 x3.6 x
USDFY, 2013FY, 2014FY, 2015

Net Income

(6.3 m)10.5 m(5.4 m)

Cash From Operating Activities

6 m24.4 m2.6 m

Purchases of PP&E

(36 k)(1.8 m)(5.9 m)

Cash From Investing Activities

(28.8 m)(59.5 m)(92.7 m)

Cash From Financing Activities

22.7 m37.8 m94.3 m
Y, 2015

EV/CFO

75.7 x

Debt/Equity

1.5 x

Debt/Assets

0.4 x

Financial Leverage

3.6 x

Patriot National Operating Metrics

FY, 2015Mar, 2016FY, 2016

Retailers

1.07 k4 k4.07 k

    Patriot National Market Value History

    Traffic Overview of Patriot National

    Patriot National Online and Social Media Presence

    Patriot National News and Updates

    BRIEF-Patriot National enters into serious discussions with Ebix

    * Patriot national enters into serious discussions with ebix, inc.

    BRIEF-Ebix offers to buy Patriot National for $9.50 per share

    * Ebix offers to acquire insurance technology solutions provider, Patriot National Inc, for $9.50 per share

    Patriot National Company Life and Culture

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