CNFR: Conifer Holdings Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Conifer Holdings Inc (CNFR).
$14.30M Market Cap.
CNFR Market Cap. (MRY)
CNFR Shares Outstanding (MRY)
CNFR Assets (MRY)
Total Assets
$281.66M
Total Liabilities
$260.13M
Total Investments
$128.42M
CNFR Income (MRY)
Revenue
$67.27M
Net Income
$24.35M
Operating Expense
$25.17M
CNFR Cash Flow (MRY)
CF Operations
-$32.68M
CF Investing
$70.29M
CF Financing
-$21.09M
CNFR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $281,656,000 (-10.76%) | $315,606,000 (1.04%) | $312,350,000 (7.56%) | $290,404,000 (11.01%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $21,525,000 (645.07%) | $2,889,000 (-84.75%) | $18,950,000 (-53.21%) | $40,503,000 (-8.80%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $27,654,000 (159.35%) | $10,663,000 (-61.97%) | $28,035,000 (182.81%) | $9,913,000 (20.99%) |
Accumulated Other Comprehensive Income | -$13,500,000 (7.08%) | -$14,528,000 (20.19%) | -$18,203,000 (-762.70%) | -$2,110,000 (-331.36%) |
Deferred Revenue | $30,590,000 (-53.05%) | $65,150,000 (-4.03%) | $67,887,000 (4.01%) | $65,269,000 (16.09%) |
Total Investments | $128,419,000 (-11.62%) | $145,305,000 (5.76%) | $137,397,000 (-24.81%) | $182,727,000 (-0.26%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $15,989,000 (-73.05%) | $59,319,000 (50.32%) | $39,462,000 (11.85%) | $35,282,000 (64.21%) |
Trade & Non-Trade Payables | $2,495,000 (-87.05%) | $19,261,000 (28.29%) | $15,014,000 (25.29%) | $11,983,000 (37.85%) |
Accumulated Retained Earnings (Deficit) | -$63,153,000 (27.14%) | -$86,683,000 (-42.66%) | -$60,760,000 (-21.33%) | -$50,079,000 (-2.23%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $11,932,000 (-52.39%) | $25,061,000 (-26.02%) | $33,876,000 (0.93%) | $33,564,000 (-18.13%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $260,131,000 (-16.82%) | $312,717,000 (6.58%) | $293,400,000 (17.41%) | $249,901,000 (15.06%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
CNFR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $67,271,000 (-25.69%) | $90,522,000 (-13.70%) | $104,889,000 (-9.55%) | $115,963,000 (12.05%) |
Cost of Revenue | $73,302,000 (-11.06%) | $82,413,000 (1.19%) | $81,440,000 (16.57%) | $69,861,000 (24.25%) |
Selling General & Administrative Expense | $13,335,000 (-15.59%) | $15,797,000 (-28.77%) | $22,179,000 (-22.04%) | $28,451,000 (8.99%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $25,166,000 (-22.65%) | $32,535,000 (-20.58%) | $40,968,000 (-8.88%) | $44,960,000 (0.87%) |
Interest Expense | $4,883,000 (52.31%) | $3,206,000 (7.91%) | $2,971,000 (4.17%) | $2,852,000 (-2.50%) |
Income Tax Expense | -$1,840,000 (-421.25%) | -$353,000 (96.26%) | -$9,441,000 (-4638.94%) | $208,000 (3366.67%) |
Net Loss Income from Discontinued Operations | -$58,587,000 (-4160.87%) | -$1,375,000 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $24,347,000 (193.99%) | -$25,904,000 (-142.52%) | -$10,681,000 (-876.33%) | -$1,094,000 (-283.87%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $24,347,000 (193.99%) | -$25,904,000 (-142.52%) | -$10,681,000 (-876.33%) | -$1,094,000 (-283.87%) |
Preferred Dividends Income Statement Impact | $817,000 (4200.00%) | $19,000 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $23,530,000 (190.77%) | -$25,923,000 (-142.70%) | -$10,681,000 (-876.33%) | -$1,094,000 (-283.87%) |
Weighted Average Shares | $12,222,881 (0.02%) | $12,220,511 (14.29%) | $10,692,090 (10.32%) | $9,691,998 (0.70%) |
Weighted Average Shares Diluted | $12,222,881 (0.02%) | $12,220,511 (14.29%) | $10,692,090 (10.32%) | $9,691,998 (0.70%) |
Earning Before Interest & Taxes (EBIT) | $27,390,000 (218.82%) | -$23,051,000 (-34.40%) | -$17,151,000 (-972.38%) | $1,966,000 (-44.24%) |
Gross Profit | -$6,031,000 (-174.37%) | $8,109,000 (-65.42%) | $23,449,000 (-49.14%) | $46,102,000 (-2.45%) |
Operating Income | -$31,197,000 (-27.72%) | -$24,426,000 (-39.43%) | -$17,519,000 (-1634.06%) | $1,142,000 (-57.50%) |
CNFR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $70,294,000 (25943.38%) | -$272,000 (-100.48%) | $56,503,000 (4003.34%) | $1,377,000 (118.77%) |
Net Cash Flow from Financing | -$21,086,000 (-549.60%) | -$3,246,000 (-255.09%) | $2,093,000 (141.76%) | -$5,012,000 (-198.58%) |
Net Cash Flow from Operations | -$32,679,000 (-144.02%) | -$13,392,000 (66.91%) | -$40,474,000 (-855.82%) | $5,355,000 (79.58%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $16,529,000 (197.75%) | -$16,910,000 (-193.31%) | $18,122,000 (953.60%) | $1,720,000 (135.94%) |
Net Cash Flow - Business Acquisitions and Disposals | $58,278,000 (0%) | $0 (0%) | $30,315,000 (657.88%) | $4,000,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $19,200,000 (1247.64%) | -$1,673,000 (-106.39%) | $26,188,000 (822.83%) | -$3,623,000 (50.62%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | -$14,250,000 (-54.17%) | -$9,243,000 (-216.87%) | -$2,917,000 (41.66%) | -$5,000,000 (-197.66%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | -$3,000 (-100.06%) | $5,010,000 (41850.00%) | -$12,000 (66.67%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $78,000 (-58.95%) | $190,000 (-9.95%) | $211,000 (-3.21%) | $218,000 (-69.12%) |
Depreciation Amortization & Accretion | $1,252,000 (484.05%) | -$326,000 (-144.23%) | $737,000 (-22.09%) | $946,000 (-13.37%) |
CNFR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -9.00% (-200.00%) | 9.00% (-59.82%) | 22.40% (-43.72%) | 39.80% (-12.91%) |
Profit Margin | 35.00% (222.38%) | -28.60% (-180.39%) | -10.20% (-1033.33%) | -0.90% (-250.00%) |
EBITDA Margin | 42.60% (265.12%) | -25.80% (-65.38%) | -15.60% (-724.00%) | 2.50% (-44.44%) |
Return on Average Equity (ROAE) | 130.80% (167.91%) | -192.60% (-271.81%) | -51.80% (-1818.52%) | -2.70% (-292.86%) |
Return on Average Assets (ROAA) | 8.00% (191.95%) | -8.70% (-135.14%) | -3.70% (-825.00%) | -0.40% (-300.00%) |
Return on Sales (ROS) | 40.70% (259.61%) | -25.50% (-55.49%) | -16.40% (-1064.71%) | 1.70% (-50.00%) |
Return on Invested Capital (ROIC) | 9.40% (227.03%) | -7.40% (-32.14%) | -5.60% (-900.00%) | 0.70% (-41.67%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 0.61 (216.76%) | -0.52 (66.94%) | -1.57 (92.56%) | -21.09 (-138.46%) |
Price to Sales Ratio (P/S) | 0.21 (43.92%) | 0.15 (-7.50%) | 0.16 (-17.53%) | 0.19 (-36.60%) |
Price to Book Ratio (P/B) | 0.66 (-85.73%) | 4.65 (359.78%) | 1.01 (82.01%) | 0.56 (-22.45%) |
Debt to Equity Ratio (D/E) | 12.09 (-88.84%) | 108.24 (599.12%) | 15.48 (150.94%) | 6.17 (26.18%) |
Earnings Per Share (EPS) | 1.93 (191.04%) | -2.12 (-112.00%) | -1 (-809.09%) | -0.11 (-283.33%) |
Sales Per Share (SPS) | 5.5 (-25.69%) | 7.41 (-24.50%) | 9.81 (-18.01%) | 11.96 (11.28%) |
Free Cash Flow Per Share (FCFPS) | -2.67 (-143.98%) | -1.1 (71.04%) | -3.79 (-784.45%) | 0.55 (78.39%) |
Book Value Per Share (BVPS) | 1.76 (646.19%) | 0.24 (-86.68%) | 1.77 (-57.60%) | 4.18 (-9.43%) |
Tangible Assets Book Value Per Share (TABVPS) | 23.04 (-10.78%) | 25.83 (-11.59%) | 29.21 (-2.50%) | 29.96 (10.24%) |
Enterprise Value Over EBIT (EV/EBIT) | 0 (0%) | -1 (50.00%) | -2 (-108.00%) | 25 (38.89%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -0.06 (94.62%) | -1.04 (46.70%) | -1.95 (-111.49%) | 17 (20.38%) |
Asset Turnover | 0.23 (-24.17%) | 0.3 (-16.57%) | 0.36 (-15.02%) | 0.43 (4.93%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$32,679,000 (-144.02%) | -$13,392,000 (66.91%) | -$40,474,000 (-855.82%) | $5,355,000 (79.58%) |
Enterprise Value (EV) | -$1,615,229 (-106.63%) | $24,346,947 (-24.07%) | $32,064,629 (-35.22%) | $49,501,135 (-24.09%) |
Earnings Before Tax (EBT) | $22,507,000 (185.72%) | -$26,257,000 (-30.49%) | -$20,122,000 (-2171.11%) | -$886,000 (-247.42%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $28,642,000 (222.52%) | -$23,377,000 (-42.42%) | -$16,414,000 (-663.67%) | $2,912,000 (-36.94%) |
Invested Capital | $265,934,000 (-19.41%) | $330,004,000 (3.71%) | $318,191,000 (1.32%) | $314,055,000 (6.68%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $281,656,000 (-10.76%) | $315,606,000 (1.04%) | $312,350,000 (7.56%) | $290,404,000 (11.01%) |
Market Capitalization | $14,300,771 (6.37%) | $13,443,947 (-29.91%) | $19,179,629 (-14.84%) | $22,522,135 (-29.27%) |
Average Equity | $17,992,500 (33.70%) | $13,457,250 (-34.73%) | $20,619,000 (-49.55%) | $40,867,750 (-2.01%) |
Average Assets | $293,880,000 (-1.94%) | $299,685,750 (3.49%) | $289,584,500 (6.39%) | $272,190,250 (6.69%) |
Invested Capital Average | $291,661,750 (-6.80%) | $312,928,750 (1.89%) | $307,110,250 (1.82%) | $301,630,500 (4.98%) |
Shares | 12,222,881 (0.00%) | 12,222,881 (0.05%) | 12,216,324 (25.84%) | 9,707,817 (0.30%) |
