United Insurance Holdings Corp.
United Insurance Holdings Corp. (UIHC) Financial Performance & Income Statement Overview
Review United Insurance Holdings Corp. (UIHC) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
United Insurance Holdings Corp. (UIHC) Income Statement & Financial Overview
Analyze United Insurance Holdings Corp.’s UIHC earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | -$224.00M | $82.14M | $68.66M | $73.20M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | -$224.00M | $82.14M | $68.66M | $73.20M |
| Gross Profit Ratio | $1.00 | $1.00 | $1.00 | $1.00 |
| R&D Expenses | $178.10M | $89.80M | $89.80M | $0.00 |
| SG&A Expenses | $100.23M | $32.30M | $9.90M | $9.57M |
| Operating Expenses | $337.55M | $122.10M | $25.88M | $24.18M |
| Total Costs & Expenses | $337.55M | $122.10M | -$41.15M | -$40.08M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | -$9.21M | $3.07M | $3.43M | $2.72M |
| Depreciation & Amortization | -$6.45M | $2.50M | $1.86M | $2.08M |
| EBITDA | -$502.29M | $42.08M | $30.18M | $36.02M |
| EBITDA Ratio | $2.24 | $0.51 | -$0.04 | $0.03 |
| Operating Income | -$586.23M | $0.00 | $27.50M | $49.03M |
| Operating Income Ratio | $2.62 | $0.00 | $0.40 | $0.67 |
| Other Income/Expenses (Net) | -$42.99M | $36.52M | -$31.83M | -$24.13M |
| Income Before Tax | -$629.22M | $36.52M | $24.89M | $31.21M |
| Income Before Tax Ratio | $2.81 | $0.44 | $0.36 | $0.43 |
| Income Tax Expense | -$22.48M | $8.85M | $5.81M | $7.62M |
| Net Income | -$464.15M | -$115.30M | $19.05M | $23.60M |
| Net Income Ratio | $2.07 | -$1.40 | $0.28 | $0.32 |
| EPS | -$0.19 | $0.59 | $0.40 | $0.50 |
| Diluted EPS | -$0.19 | $0.57 | $0.40 | $0.48 |
| Weighted Avg Shares Outstanding | $376.73M | $48.07M | $47.82M | $47.32M |
| Weighted Avg Shares Outstanding (Diluted) | $376.73M | $49.52M | $49.40M | $48.97M |
Over the past four quarters, United Insurance Holdings Corp. demonstrated steady revenue growth, increasing from $73.20M in Q1 2024 to -$224.00M in Q4 2024. Operating income reached -$586.23M in Q4 2024, maintaining a consistent 262% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$502.29M, reflecting operational efficiency. Net income dropped to -$464.15M, with EPS at -$0.19. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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