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International General Insurance Holdings Ltd.

IGICW•NASDAQ
Financial Services
Insurance - Diversified
$1.05
$-0.07(-6.25%)
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The company's financials show resilient growth, with revenue advancing from $122.50M in Q4 2023 to $136.30M in Q3 2024. Gross profit remained healthy with margins at 100% in Q3 2024 compared to 100% in Q4 2023. Operating income hit $27.10M last quarter, sustaining a consistent 20% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $35.60M. Net income rose to $34.50M, while earnings per share reached $0.75. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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