AMERISAFE
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. AMERISAFE's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $306,910,000. The net income raised on $62,108,000 and profit margin reached 20%. Total operating expenses were $27,559,000.
Profit Margin
| 2014 | 404.01M | 53.66M | 13.28% |
|---|---|---|---|
| 2015 | 401.61M | 70.46M | 17.54% |
| 2016 | 396.66M | 77.86M | 19.63% |
| 2017 | 375.20M | 46.23M | 12.32% |
| 2018 | 377.75M | 71.63M | 18.96% |
| 2019 | 370.37M | 92.69M | 25.03% |
| 2020 | 339.50M | 86.60M | 25.51% |
| 2021 | 316.01M | 65.75M | 20.81% |
| 2022 | 294.69M | 55.60M | 18.87% |
| 2023 | 306.91M | 62.10M | 20.24% |
AMSF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 306.91M | 294.69M | 316.01M | 339.50M | 370.37M | 377.75M | 375.20M | 396.66M | 401.61M | 404.01M |
Cost of revenue | 0 | 50.54M | 50.76M | 48.75M | 49.34M | 54.97M | 53.96M | 54.35M | 56.60M | 57.09M |
Gross profit | 306.91M | 244.14M | 265.24M | 290.74M | 321.02M | 322.78M | 321.24M | 342.31M | 345.01M | 346.92M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 200K | 200K | 200K | 400K | 500K | 500K | 700K | 700K | 500K |
Total operating expenses | 27.55M | -176.49M | -236.56M | -232.58M | -254.85M | -290.17M | -239.00M | -229.49M | -244.04M | -273.17M |
Operating income | 279.35M | 67.64M | 79.44M | 106.91M | 115.51M | 87.58M | 82.24M | 112.82M | 100.96M | 73.74M |
Other income (expenses), net | -201.97M | 67.64M | 79.44M | 27K | 115.51M | 87.58M | -2K | 112.82M | -664K | 0 |
Income before tax | 77.37M | 67.64M | 79.44M | 106.91M | 115.51M | 87.58M | 82.24M | 112.82M | 100.96M | 73.74M |
Income tax expense | 15.26M | 12.04M | 13.69M | 20.31M | 22.82M | 15.94M | 36.00M | 34.95M | 30.50M | 20.08M |
Net income | 62.10M | 55.60M | 65.75M | 86.60M | 92.69M | 71.63M | 46.23M | 77.86M | 70.46M | 53.66M |
Earnings per share | ||||||||||
Basic EPS | 3.24 | 2.89 | 3.4 | 4.49 | 4.82 | 3.73 | 2.41 | 4.08 | 3.72 | 2.88 |
Diluted EPS | 3.23 | 2.88 | 3.39 | 4.47 | 4.8 | 3.71 | 2.4 | 4.05 | 3.69 | 2.84 |
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