SequelSEC

ATLANTIC AMERICAN CORP AAME

Life Insurance · CIK 0000008177 · Fiscal year ends 1231 · Insurer

Revenue
$188.23M
Fiscal year ended 2024-12-31
Net income
-$4.27M
Fiscal year ended 2024-12-31
Total assets
$393.43M
Fiscal year ended 2024-12-31

ATLANTIC AMERICAN CORP (AAME) reported revenue of $188.23M and net income of -$4.27M for the fiscal year ended 2024-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from ATLANTIC AMERICAN CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Life Insurance.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

ATLANTIC AMERICAN CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Revenue$188.23M$186.79M$187.85M$199.55M$195.35M$198.18M$185.55M$181.11M$166.08M$165.94M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-$4.96M$1.54M$9.63M-$1.50M$11.51M-$7.49M-$3.93M-$3.81M$929.00K$851.00K
Net income-$4.27M-$171.00K$1.52M$4.28M$12.17M-$386.00K-$704.00K$4.53M$2.64M$4.39M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 20.40Mshares 20.40Mshares 20.39Mshares 20.40Mshares 21.82MUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax income-$5.26M-$565.00K$2.10M$5.30M$15.50M-$407.00K-$971.00K$5.36M$3.52M$5.71M
Income tax expense-$996.00K-$394.00K$571.00K$1.02M$3.33M-$21.00K-$267.00K$828.00K$888.00K$1.32M
Diluted EPS$-0.23$-0.03$0.06$0.19$0.56$-0.04UnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

ATLANTIC AMERICAN CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Cash & equivalents$35.57M$28.30M$28.86M$24.75M$19.32M$12.89M$12.63M$24.55M$13.25M$15.62M
Total assets$393.43M$381.26M$367.06M$402.29M$405.19M$377.63M$344.27M$343.24M$318.60M$314.60M
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$293.82M$273.99M$264.87M$261.00M$260.13M$259.23M$242.90M$230.26M$213.09M$212.11M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$99.61M$107.28M$102.19M$141.29M$145.06M$118.39M$101.37M$112.98M$105.51M$102.49M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

ATLANTIC AMERICAN CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Operating cash flow$4.80M$2.62M$6.45M$1.09M$8.97M-$1.81M$4.46M$12.17M$1.32MUnavailable
Capital expenditures$225.00K$80.00K$126.00K$107.00K$233.00K$69.00K$281.00K$103.00K$396.00K$322.00K
Investing cash flow$2.28M-$3.36M-$3.43M$5.30M-$2.06M$3.01M-$14.79M$593.00K-$2.23MUnavailable
Financing cash flow$186.00K$181.00K$1.08M-$954.00K-$481.00K-$939.00K-$1.59M-$1.47M-$1.45MUnavailable
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable-$11.92M$11.30M-$2.37M-$753.00K
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paid$408.00K$408.00K$408.00K$408.00K$0$403.00K$407.00K$408.00K$408.00K$412.00K
Common share repurchasesUnavailableUnavailableUnavailableUnavailable$0$71.00K$597.00K$692.00K$698.00K$997.00K
Depreciation & amortization$366.00K$652.00K$890.00K$1.00M$980.00K$996.00K$987.00K$1.44M$1.20M$1.12M

Derived

ATLANTIC AMERICAN CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Free cash flow$4.58M$2.54M$6.33M$981.00K$8.74M-$1.88M$4.18M$12.07M$920.00KUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin-2.6%0.8%5.1%-0.7%5.9%-3.8%-2.1%-2.1%0.6%0.5%
FCF margin2.4%1.4%3.4%0.5%4.5%-0.9%2.3%6.7%0.6%Unavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth0.8%-0.6%-5.9%2.2%-1.4%6.8%2.5%9.1%0.1%Unavailable
Net margin-2.3%-0.1%0.8%2.1%6.2%-0.2%-0.4%2.5%1.6%2.6%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.1%0.0%0.1%0.1%0.1%0.0%0.2%0.1%0.2%0.2%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailable27.2%19.3%21.5%UnavailableUnavailable15.5%25.2%23.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AAME in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-12View SEC filing
10-Q · Filed 2025-05-13View SEC filing
10-K · Filed 2025-03-25View SEC filing
10-Q · Filed 2024-11-12View SEC filing
10-Q · Filed 2024-08-14View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.