SAFE & GREEN HOLDINGS CORP.OLOXEarnings & Financial Report
Safe Auto Insurance Company is an American property and casualty auto insurance carrier. It is a privately held carrier and provider of state-minimum private-passenger auto insurance for drivers in the nonstandard insurance market in 20 states across the US, including Oregon, Ohio, Indiana, Kentucky, Georgia, Pennsylvania, South Carolina, Tennessee, Louisiana, Mississippi, Illinois, Missouri, Arizona, Oklahoma, Kansas, Virginia, Texas, California, Alabama, and Colorado.
OLOX Q3 FY2024 Key Financial Metrics
Revenue
$1.8M
Gross Profit
$-125.6K
Operating Profit
$-2.2M
Net Profit
$-3.7M
Gross Margin
-7.2%
Operating Margin
-127.8%
Net Margin
-212.0%
YoY Growth
-55.8%
EPS
$-113.82
SAFE & GREEN HOLDINGS CORP. Q3 FY2024 Financial Summary
SAFE & GREEN HOLDINGS CORP. reported revenue of $1.8M (down 55.8% YoY) for Q3 FY2024, with a net profit of $-3.7M (down 3.0% YoY) (-212.0% margin). Cost of goods sold was $1.9M, operating expenses totaled $2.1M.
Key Financial Metrics
| Total Revenue | $1.8M |
|---|---|
| Net Profit | $-3.7M |
| Gross Margin | -7.2% |
| Operating Margin | -127.8% |
| Report Period | Q3 FY2024 |
SAFE & GREEN HOLDINGS CORP. Annual Revenue by Year
SAFE & GREEN HOLDINGS CORP. annual revenue history includes year-by-year totals (for example, 2023 revenue was $16.5M).
SAFE & GREEN HOLDINGS CORP. Quarterly Revenue & Net Profit History
SAFE & GREEN HOLDINGS 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 FY2024 | $1.8M | -55.8% | $-3.7M | -212.0% |
| Q2 FY2024 | $1.3M | -75.4% | $-4.7M | -373.1% |
| Q4 FY2023 | $2.0M | -52.3% | $-13.6M | -695.0% |
| Q3 FY2023 | $4.0M | -4.0% | $-3.6M | -91.0% |
| Q2 FY2023 | $5.1M | -32.5% | $-5.6M | -109.0% |
| Q1 FY2023 | $5.5M | -36.0% | $-3.5M | -63.9% |
| Q4 FY2022 | $4.1M | -51.4% | $-3.7M | -91.0% |
| Q3 FY2022 | $4.1M | -53.3% | $-2.5M | -59.4% |
Income Statement
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q2 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1M | $4.1M | $5.5M | $5.1M | $4.0M | $2.0M | $1.3M | $1.8M |
| YoY Growth | -53.3% | -51.4% | -36.0% | -32.5% | -4.0% | -52.3% | -75.4% | -55.8% |
Balance Sheet
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q2 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $29.0M | $26.6M | $28.4M | $27.9M | $25.3M | $17.2M | $20.9M | $9.8M |
| Liabilities | $10.7M | $12.1M | $16.1M | $18.5M | $18.9M | $23.5M | $25.7M | $18.0M |
| Equity | $17.6M | $14.8M | $12.8M | $9.8M | $5.5M | $-7.5M | $-5.7M | $-8.2M |
Cash Flow
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q2 2024 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-190615 | $-77454 | $-1.4M | $-1.7M | $-1.6M | $-2.5M | $-3.7M |