Palomar Holdings
Income Statement
Last updated:
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. Palomar Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15% to $375,926,000. The net income raised on $79,201,000 and profit margin reached 21%. Total operating expenses were $375,926,000.
Profit Margin
| 2016 | 42.69M | 6.61M | 15.49% |
|---|---|---|---|
| 2017 | 59.46M | 3.78M | 6.36% |
| 2018 | 72.97M | 18.21M | 24.97% |
| 2019 | 113.29M | 10.62M | 9.37% |
| 2020 | 168.46M | 6.25M | 3.71% |
| 2021 | 247.79M | 45.84M | 18.5% |
| 2022 | 327.08M | 52.17M | 15.95% |
| 2023 | 375.92M | 79.20M | 21.07% |
PLMR Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 375.92M | 327.08M | 247.79M | 168.46M | 113.29M | 72.97M | 59.46M | 42.69M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 375.92M | 327.08M | 247.79M | 168.46M | 113.29M | 72.97M | 59.46M | 42.69M |
Operating exp. | ||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 375.92M | 259.53M | -190.65M | -162.24M | -95.21M | -52.45M | -52.79M | -34.78M |
Operating income | 107.41M | 68.42M | 57.13M | 6.22M | 18.07M | 20.51M | 6.67M | 7.91M |
Other income (expenses), net | -3.77M | -873K | 57.13M | 0 | 18.07M | -2.30M | -1.74M | -1.63M |
Income before tax | 103.64M | 67.55M | 57.13M | 6.22M | 18.07M | 18.21M | 4.92M | 6.27M |
Income tax expense | 24.44M | 15.38M | 11.29M | -34K | 7.45M | -6K | 1.14M | -337K |
Net income | 79.20M | 52.17M | 45.84M | 6.25M | 10.62M | 18.21M | 3.78M | 6.61M |
Earnings per share | ||||||||
Basic EPS | 3.19 | 2.07 | 1.8 | 0.25 | 0.49 | 0.81 | 0.17 | 0.29 |
Diluted EPS | 3.13 | 2.02 | 1.76 | 0.24 | 0.49 | 0.81 | 0.17 | 0.29 |
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