ATLANTIC AMERICAN CORPAAMEEarnings & Financial Report
The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.
Revenue
$46.7M
Gross Profit
N/A
Operating Profit
$-3.1M
Net Profit
$-2.2M
Gross Margin
N/A
Operating Margin
-6.6%
Net Margin
-4.8%
YoY Growth
3.3%
EPS
$-0.11
ATLANTIC AMERICAN CORP Q4 FY2023 Financial Summary
ATLANTIC AMERICAN CORP reported revenue of $46.7M (up 3.3% YoY) for Q4 FY2023, with a net profit of $-2.2M (down 313.0% YoY) (-4.8% margin).
Key Financial Metrics
| Total Revenue | $46.7M |
|---|---|
| Net Profit | $-2.2M |
| Gross Margin | N/A |
| Operating Margin | -6.6% |
| Report Period | Q4 FY2023 |
Revenue Breakdown
ATLANTIC AMERICAN CORP Q4 FY2023 revenue of $46.7M breaks down across 2 segments, led by Bankers Fidelity at $38.6M (82.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Bankers Fidelity | $38.6M | 82.5% |
| American Southern | $8.0M | 17.2% |
ATLANTIC AMERICAN CORP Revenue by Segment — Quarterly Trend
ATLANTIC AMERICAN CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Bankers Fidelity and American Southern) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Bankers Fidelity | $30.0M | $33.1M | $30.5M | $31.6M |
| American Southern | $23.7M | $22.2M | $19.4M | $17.6M |
ATLANTIC AMERICAN CORP Annual Revenue by Year
ATLANTIC AMERICAN CORP annual revenue history includes year-by-year totals (for example, 2024 revenue was $188.2M).
| Year | Annual Revenue |
|---|---|
| 2024 | $188.2M |
| 2023 | $186.8M |
| 2022 | $187.9M |
ATLANTIC AMERICAN CORP Quarterly Revenue & Net Profit History
ATLANTIC AMERICAN CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $53.8M | +20.8% | $577.0K | 1.1% |
| Q2 FY2025 | $55.3M | +16.0% | $3.3M | 6.0% |
| Q1 FY2025 | $50.1M | +6.7% | $802.0K | 1.6% |
| Q4 FY2024 | $49.0M | +4.9% | $412.0K | 0.8% |
| Q3 FY2024 | $44.5M | -0.2% | $-2.0M | -4.5% |
| Q2 FY2024 | $47.7M | -3.1% | $-684.0K | -1.4% |
| Q1 FY2024 | $47.0M | +1.6% | $-2.0M | -4.3% |
| Q4 FY2023 | $46.7M | +3.3% | $-2.2M | -4.8% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.7M | $47.0M | $47.7M | $44.5M | $49.0M | $50.1M | $55.3M | $53.8M |
| YoY Growth | 3.3% | 1.6% | -3.1% | -0.2% | 4.9% | 6.7% | 16.0% | 20.8% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $381.3M | $365.8M | $386.0M | $387.0M | $393.4M | $388.4M | $429.3M | $430.9M |
| Liabilities | $274.0M | $262.9M | $285.3M | $281.2M | $293.8M | $286.1M | $323.2M | $321.4M |
| Equity | $107.3M | $102.8M | $100.7M | $105.8M | $99.6M | $102.4M | $106.2M | $109.5M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.2M | $-5.3M | $416000 | $90000 | $4.8M | $-722000 | $9.3M | $6.6M |