OXBRIDGE RE HOLDINGS Ltd OXBR
are a Cayman Islands specialty property and casualty reinsurer that provides reinsurance solutions through our reinsurance subsidiaries,
Oxbridge Reinsurance Limited and Oxbridge Re NS. We focus on underwriting fully collateralized reinsurance contracts primarily for property
and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. We specialize in underwriting
medium frequency, high severity risks, where we believe sufficient data exists to analyze effectively the risk/return profile of reinsurance
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $546.0K | -$7.0M | $850.0K | $10.2M | $1.2M | $981.0K | $3.8M | $23.8M | $19.1M |
| SG&A | $3.0M | $1.9M | $2.2M | $1.4M | $1.3M | $1.0M | $1.1M | $1.3M | $1.3M | $1.4M |
| Total operating expenses | $6.0M | $2.2M | — | $2.6M | $1.6M | $1.1M | $1.1M | $11.6M | $44.4M | $16.5M |
| Pre-tax income | -$2.1M | -$2.6M | -$9.4M | -$1.7M | $8.7M | $88.0K | -$150.0K | -$7.7M | -$20.6M | — |
| Net income | -$2.1M | -$2.8M | -$9.9M | -$1.8M | $8.6M | -$50.0K | -$305.0K | -$5.7M | -$20.6M | $2.6M |
| EPS, basic | -0.28 | -0.45 | -1.69 | -0.31 | 1.49 | -0.01 | -0.05 | -1.00 | -3.55 | 0.43 |
| EPS, diluted | -0.28 | -0.45 | -1.69 | -0.31 | 1.49 | -0.01 | -0.05 | -1.00 | -3.55 | 0.43 |
| Shares, diluted (wtd. avg.) | 7.4M | 6.1M | 5.9M | 5.8M | 5.7M | 5.7M | 5.7M | 5.7M | 5.8M | 6.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $268.0K | $2.1M | $495.0K | $1.2M | $3.5M | $5.6M | $8.0K | $11.3M | $10.9M | $35.7M |
| Receivables | — | — | $100.0K | — | — | — | — | — | — | — |
| Property, plant and equipment | $16.0K | $1.0K | $4.0K | $5.0K | $9.0K | $13.0K | $9.0K | $18.0K | $36.0K | $54.0K |
| Total assets | $8.1M | $7.5M | $8.3M | $16.6M | $17.7M | $9.1M | $9.5M | $12.6M | $21.4M | $51.0M |
| Total liabilities | $1.6M | $1.6M | $2.9M | $1.6M | $1.0M | $1.1M | $1.5M | $4.2M | $7.5M | $13.8M |
| Retained earnings | -$32.1M | -$30.2M | -$27.4M | -$17.5M | -$15.7M | -$24.3M | -$24.2M | -$23.9M | -$18.1M | $4.5M |
| Total equity | $5.9M | $3.9M | $5.3M | $15.0M | $16.7M | $8.0M | $8.0M | $8.3M | $13.9M | $37.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.3M | -$284.0K | -$1.3M | -$829.0K | -$253.0K | -$266.0K | -$4.4M | -$6.6M | -$26.3M | $416.0K |
| Depreciation and amortisation | — | — | — | — | $7.0K | $10.0K | $10.0K | $18.0K | $24.0K | $21.0K |
| Stock-based compensation | $418.0K | $234.0K | $258.0K | $127.0K | $61.0K | $32.0K | $36.0K | $126.0K | $127.0K | $119.0K |
| Capital expenditure | $16.0K | — | $5.0K | — | $3.0K | $14.0K | $1.0K | $0 | $6.0K | $11.0K |
| Investing cash flow | $120.0K | $780.0K | -$105.0K | -$661.0K | -$1.8M | $110.0K | $488.0K | $5.0M | $4.7M | $6.9M |
| Financing cash flow | $2.3M | $1.7M | $1.2M | — | $0 | -$384.0K | $600.0K | $2.0M | -$3.2M | -$3.6M |
| Dividends paid | — | — | — | — | — | — | — | $0 | $2.1M | $2.9M |
| Buybacks | — | — | — | — | — | — | — | $0 | $1.1M | $742.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-019323.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.1M | $23.8M | $3.8M | $981.0K | $1.2M | $10.2M | $850.0K | -$7.0M | $546.0K | $2.6M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $2.6M | -$20.6M | -$5.7M | -$305.0K | -$50.0K | $8.6M | -$1.8M | -$9.9M | -$2.8M | -$2.1M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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