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
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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
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Patriot National Financials and Metrics

Patriot National Financials

Patriot National's revenue was reported to be $209.72 m in FY, 2015 which is a 78.8% increase from the previous period.
USD

Revenue (Q3, 2016)

60.2 m

Net income (Q3, 2016)

1.9 m

Market capitalization (24-Nov-2017)

11.6 m

Cash (30-Sep-2016)

13.2 m
Patriot National's current market capitalization is $11.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

55.9 m117.3 m209.7 m

Revenue growth, %

110%79%

Interest expense

1.2 m9.2 m3.5 m

Pre tax profit

(5.6 m)22.1 m(394 k)
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

47.3 m58.5 m64.6 m56.5 m60.2 m

Operating expense total

46 m53.3 m58.3 m52.3 m57.1 m

Interest expense

546 k806 k1.4 m1.4 m1.6 m

Income tax expense

288 k1.3 m2.9 m(10 m)1.2 m
Annual
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
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

9.9 m15.2 m11.8 m12.1 m13.2 m

Current Assets

58.9 m75.8 m65.2 m72.6 m80 m

Goodwill

85.8 m119.4 m122.5 m121.7 m121.7 m

Total Assets

225.6 m292.9 m337.4 m355.7 m366.1 m
Annual
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)
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(3.7 m)103 k3.4 m17.6 m19.5 m

Depreciation and Amortization

5.7 m10.1 m4.7 m9.4 m14.2 m

Accounts Payable

8.7 m12 m3.6 m6.2 m9.8 m

Cash From Operating Activities

4.6 m7 m18.7 m23.2 m26.3 m
USDY, 2016

Revenue/Employee

52.6 k

Financial Leverage

3.6 x
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Patriot National Operating Metrics

FY, 2015Mar, 2016FY, 2016

Retailers

1.07 k4 k4.07 k
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