1347 Property Insurance Holdings, Inc. PIH Income Statement

1347 property insurance holdings, inc. (PIH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Other Comprehensive Income (Loss), Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Revenue:
Net premiums earned
-	-	-	-	-	-	-	-	39,645	35,202	32,611	31,115	30,399	30,448	30,133	29,398	28,137	25,934	23,852	21,878	20,367	18,463	15,826	12,228	8,182	4,983	0	0	0
Net investment income (loss)
-3,575	5,587	1,501	1,277	1,286	1,208	1,228	1,177	1,175	965	851	754	597	544	553	447	399	362	256	259	204	130	-112	33	30	47	0	0	0
Other-than-temporary impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other income
0	-	-	-	-	-	-	-	2,151	1,981	1,664	1,535	1,378	1,264	994	892	793	834	893	711	621	372	197	175	116	61	0	0	0
Total revenue
-3,536	5,597	-11,661	-11,885	-11,876	1,208	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	32,374	32,256	31,680	30,737	29,329	27,130	25,001	22,848	21,192	18,965	16,099	12,624	8,328	5,091	0	0	0
Expenses:
Net losses and loss adjustment expenses
-	-	-	-	-	-	-	-	16,528	15,900	15,264	13,912	13,367	16,372	17,885	14,767	15,946	9,939	8,080	5,699	3,857	3,612	2,792	1,998	1,465	2,928	0	0	0
Amortization of deferred policy acquisition costs
-	-	-	-	-	-	-	-	11,853	11,080	10,211	9,551	9,024	8,492	7,946	7,527	7,035	6,571	6,210	5,645	5,174	4,529	0	0	0	-	-	-	-
Net losses and loss adjustment expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of deferred policy acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
General and administrative expenses
2,328	2,476	-430	-538	-923	1,145	6,580	8,238	10,234	9,304	8,471	7,984	7,431	6,918	6,821	6,787	7,026	7,253	6,979	6,784	6,299	5,095	4,179	3,267	2,224	1,979	0	0	0
Loss on termination of Management Services Agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-5,421	-5,421	-5,421	0	-	0	0	-	-	-	-	-
Accretion of discount on Series B Preferred Shares
-	-	-	-	-	33	129	222	313	372	368	364	359	355	348	368	0	-	0	0	-	-	0	0	-	-	-	-	-
Loss on repurchase of Series B Preferred Shares and Performance Shares
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on repurchase of Series B Preferred Shares and Performance Shares
-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
2,328	2,476	-7,984	-7,092	-7,477	2,790	21,179	32,480	39,540	36,656	34,314	31,811	30,181	32,137	33,003	29,428	30,377	29,466	26,884	23,658	20,751	13,236	10,656	8,151	5,695	6,235	0	0	0
Loss from continuing operations before income tax benefit
-5,864	3,121	-3,677	-4,793	-4,399	-1,582	4,100	1,854	3,431	1,492	812	1,593	2,193	119	-1,323	1,309	-1,048	-2,336	-1,883	-810	441	5,729	5,443	4,473	2,633	-1,144	0	0	0
Income tax benefit
-1,855	-738	30	-208	-129	308	1,710	789	1,432	1,198	316	640	821	108	-321	608	-284	-663	-326	12	522	2,083	1,804	1,413	712	-396	0	0	0
Net loss from continuing operations
-5,485	2,383	-1,755	-1,708	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (Note 4):
Net income from discontinued operations, net of income taxes
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations, net of income taxes
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-8,084	311	-7,137	-5,716	-1,049	804	1,362	1,213	1,999	294	496	953	1,372	11	-1,002	701	-764	-1,673	-1,557	-822	-81	3,646	3,639	3,060	1,921	-748	0	0	0
Dividends declared on Series A Preferred Shares
1,400	1,400	1,400	1,458	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: beneficial conversion feature on convertible preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	0	0	0	-	-	-	-
Less: Beneficial conversion feature on convertible preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Loss attributable to common shareholders
-9,484	-1,089	-8,537	-7,116	-2,507	-304	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3,146	3,139	2,560	1,421	-748	0	0	0
Basic and diluted earnings (loss) per common share:
Continuing operations
-1.43	0.47	-0.07	-0.11	-0.13	-	-0.21	-0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	0.85	-0.58	-0.70	0.09	-	-0.20	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss per share attributable to common shareholders
-1.43	1.32	-0.65	-0.81	-0.04	-	-0.41	-0.05	-	-	-0.38	-	-	-	-0.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
-	-	-	-	-	-	-	-	0.33	-	-	0.15	0.04	-	-	0.22	-0.18	0.09	-0.02	-0.02	-0.32	-0.71	0.10	0.15	1.17	0.69	0.05	-0.52	-0.97
Diluted
-	-	-	-	-	-	-	-	0.32	-	-	0.15	0.04	-	-	0.22	-0.18	0.09	-0.02	-0.02	-0.32	-0.71	0.10	0.15	1.17	0.69	0.05	-0.52	-0.97
Weighted average common shares outstanding:
Basic
-	-	-	-	-	-	-	-	5,984	-	-	5,956	5,956	-	-	6,097	6,111	6,171	6,261	6,355	6,358	16,778	6	4	1,027	1,000	1,000	1,000	1,000
Diluted
-	-	-	-	-	-	-	-	6,093	-	-	5,956	5,956	-	-	6,097	6,111	6,171	6,261	6,355	6,358	16,777	6	4	1,027	-	-	-	-
Basic and diluted
6,067	6,032	6,015	6,012	6,012	-	5,991	5,984	-	-	5,961	-	-	-	6,022	-	-	-	-	-	-	-	-	-	-	-	1,000	1,000	1,000
Consolidated Statement of Comprehensive Income (Loss)
Net income (loss)
-8,084	311	-7,137	-5,716	-1,049	804	1,362	1,213	1,999	294	496	953	1,372	11	-1,002	701	-764	-1,673	-1,557	-822	-81	3,646	3,639	3,060	1,921	-748	0	0	0
Unrealized gains on investments available for sale, net of income taxes
-	1,342	2,266	2,225	1,068	-527	-1,208	-1,050	-843	-104	-219	-255	-176	-3	189	266	92	-61	70	-17	77	-1	-11	10	-3	0	0	0	0
Other comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Comprehensive income (loss)
-7,653	1,653	-4,871	-3,491	19	277	154	163	1,156	190	277	698	1,196	8	-813	967	-672	-1,734	-1,487	-839	-4	3,645	3,628	3,070	1,918	-748	0	0	0