Atlantic American Corp (AAME) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2025, filed Nov 14, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AAME SEC filings page.
Atlantic American Corp (AAME) reported $208.2M in revenue over the twelve months to Sep 30, 2025, up 12.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Flat revenue now coexists with accounting losses, positive operating cash flow, and rising leverage—a business under increasing balance-sheet pressure.
Cash conversion diverged from reported earnings: FY2024’s net loss was-$4.3M alongside operating cash flow of$4.8M , so the accounting loss did not represent an equivalent cash outflow. The same pattern appeared in FY2023, when a-$171K net loss accompanied$2.6M of operating cash flow, pointing to non-cash or working-capital effects rather than a straightforward earnings-to-cash relationship.
Leverage intensified even without revenue expansion: debt-to-equity rose from 1.8x in FY2020 to 2.9x in FY2024 as equity declined from
Profitability weakened through margin compression, not a major top-line contraction: revenue moved from
Financial Health Signals
Scored against insurers for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Atlantic American Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Atlantic American Corp scores 35/100 on it among other insurers.
Atlantic American Corp reported revenue of $188.2M in fiscal year 2024, against $186.8M in fiscal year 2023. Premium Growth ranks insurers on the three-year path of the premiums they write rather than on total revenue, and Atlantic American Corp scores 16/100 among other insurers.
Atlantic American Corp funded 25.3% of its assets with shareholders' equity at the end of fiscal year 2024, holding $99.6M of equity against $393.4M of assets. Capital ranks insurers on that cushion, and Atlantic American Corp scores 52/100 among other insurers.
Not available for Atlantic American Corp, and counted as zero in the overall score.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Atlantic American Corp scores 36/100 on it among other insurers.
Atlantic American Corp reported a net loss of $4.3M in fiscal year 2024, against a loss of $171K in fiscal year 2023. Stability ranks insurers on how steady net income has been across five years, and Atlantic American Corp scores 3/100 among other insurers.
Atlantic American Corp passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
Atlantic American Corp reported a net loss of $4.3M while generating $4.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Atlantic American Corp reported an operating loss of $5.0M against $3.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Atlantic American Corp generated $53.8M in revenue in Q3 2025. This represents an increase of 20.8% from the same quarter a year earlier. Against the prior quarter it is down 2.8%.
Atlantic American Corp reported $577K in net income in Q3 2025. This represents an increase of 128.9% from the same quarter a year earlier. Against the prior quarter it is down 82.6%.
Atlantic American Corp earned $0.02 per diluted share (EPS) in Q3 2025. This represents an increase of 120.0% from the same quarter a year earlier. Against the prior quarter it is down 86.7%.
Not reported for Q3 2025.
Cash & Balance Sheet
Atlantic American Corp generated $6.6M in free cash flow in Q3 2025, representing cash available after capex. This represents an increase of 11298.3% from the same quarter a year earlier. Against the prior quarter it is down 27.4%.
Atlantic American Corp held $34.4M in cash as of Q3 2025; long-term debt is not reported for that period.
Atlantic American Corp paid $0.00 per share in dividends in Q3 2025.
Margins & Returns
Atlantic American Corp's net profit margin was 1.1% in Q3 2025, showing the share of revenue converted to profit. This is up 5.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.9 percentage points.
Atlantic American Corp's ROE was 0.5% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.6 percentage points.
Not reported for Q3 2025.
Not reported for Q3 2025.
Capital Allocation
Atlantic American Corp invested $31K in capex in Q3 2025, funding long-term assets and infrastructure. This represents a decrease of 3.1% from the same quarter a year earlier. Against the prior quarter it is down 81.8%.
Not reported for Q3 2025.
Not reported for Q3 2025.
AAME Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.8M+20.8% | $55.3M+16.0% | $50.1M+6.7% | $49.0M+4.9% | $44.5M-0.2% | $47.7M-3.1% | $47.0M+1.6% | $46.7M+3.3% |
| Interest Expense | $779K-10.4% | $773K-10.8% | $774K-9.5% | $828K-3.9% | $869K+2.2% | $867K+7.4% | $855K+14.0% | $862K+30.4% |
| Income Tax | $192K+142.1% | $900K+645.5% | $233K+145.9% | $133K+115.2% | -$456K-220.3% | -$165K-134.9% | -$508K-36.6% | -$874K-374.8% |
| Net Income | $577K+128.9% | $3.3M+584.8% | $802K+140.1% | $412K+118.5% | -$2.0M-213.6% | -$684K-139.2% | -$2.0M-38.2% | -$2.2M-313.0% |
| EPS (Basic) | $0.02+120.0% | $0.16+500.0% | $0.03+130.0% | $0.01+108.3% | -$0.10-225.0% | -$0.04-150.0% | -$0.10-25.0% | -$0.12-340.0% |
| EPS (Diluted) | $0.02+120.0% | $0.15+475.0% | $0.03+130.0% | $0.01 | -$0.10-225.0% | -$0.04-150.0% | -$0.10-25.0% | -$0.12-340.0% |
| Diluted Shares (Avg) | 20M0.0% | 22M+6.7% | 20M0.0% | N/A | 20M-6.3% | 20M-6.3% | 20M0.0% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
AAME Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $430.9M+11.3% | $429.3M+11.2% | $388.4M+6.2% | $393.4M+3.2% | $387.0M+7.0% | $386.0M+3.5% | $365.8M+3.4% | $381.3M+3.9% |
| Cash & Equivalents | $34.4M+49.5% | $46.4M+118.8% | $35.9M+69.4% | $35.6M+25.7% | $23.0M-3.7% | $21.2M-12.5% | $21.2M+56.4% | $28.3M-1.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $321.4M+14.3% | $323.2M+13.3% | $286.1M+8.8% | $293.8M+7.2% | $281.2M+7.0% | $285.3M+5.9% | $262.9M+5.5% | $274.0M+3.4% |
| Total Equity | $109.5M+3.5% | $106.2M+5.5% | $102.4M-0.4% | $99.6M-7.1% | $105.8M+7.1% | $100.7M-2.7% | $102.8M-1.5% | $107.3M+5.0% |
| Retained Earnings | $49.8M+9.4% | $49.4M+3.6% | $46.1M-4.7% | $45.9M-10.0% | $45.5M-14.5% | $47.6M-8.4% | $48.4M-3.8% | $50.9M-2.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
AAME Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.6M+7280.0% | $9.3M+2130.3% | -$722K+86.4% | $9.6M+55.9% | $90K-93.3% | $416K-93.8% | -$5.3M+54.2% | $6.2M-29.1% |
| Depreciation & Amortization | $97K+64.4% | $103K-17.6% | $77K-31.9% | $69K-47.3% | $59K-64.0% | $125K-26.0% | $113K-39.9% | $131K-36.7% |
| Stock-Based Compensation | N/A | N/A | $2K-60.0% | N/A | N/A | N/A | $5K-93.2% | N/A |
| Capital Expenditures | $31K-3.1% | $170K+209.1% | $264K+576.9% | $99K+1880.0% | $32K+357.1% | $55K+511.1% | $39K-33.9% | $5K-64.3% |
| Free Cash Flow | $6.6M+11298.3% | $9.1M+2423.0% | -$986K+81.6% | $9.5M+54.4% | $58K-95.7% | $361K-94.6% | -$5.4M+54.1% | $6.2M-29.1% |
| Investing Cash Flow | -$18.6M-1175.1% | $1.6M+10893.3% | $1.1M+138.0% | $3.3M+339.7% | $1.7M+236.3% | $15K-99.6% | -$2.8M+40.7% | -$1.4M+40.1% |
| Financing Cash Flow | $0 | -$407K0.0% | -$4K-100.4% | -$400K-0.3% | $0+100.0% | -$407K-6683.3% | $993K-0.1% | -$399K-166.4% |
| Dividends Paid | $0 | N/A | N/A | $1K | $0-100.0% | N/A | N/A | $0 |
Not reported in any period shown, so not listed: Share Buybacks.
AAME Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 1.1%+5.6pp | 6.0%+7.4pp | 1.6%+5.9pp | 0.8%+5.6pp | -4.5%-8.4pp | -1.4%-5.0pp | -4.3%-1.1pp | -4.8%-7.1pp |
| Return on Equity | 0.5%+2.4pp | 3.1%+3.8pp | 0.8%+2.7pp | 0.4%+2.5pp | -1.9%-3.7pp | -0.7%-2.4pp | -1.9%-0.6pp | -2.1%-3.1pp |
| Return on Assets | 0.1%+0.7pp | 0.8%+0.9pp | 0.2%+0.8pp | 0.1%+0.7pp | -0.5%-1.0pp | -0.2%-0.7pp | -0.5%-0.1pp | -0.6%-0.9pp |
| Debt-to-Equity | 2.94+0.3x | 3.04+0.2x | 2.79+0.2x | 2.95+0.4x | 2.660.0x | 2.83+0.2x | 2.56+0.2x | 2.550.0x |
| Asset Turnover | 0.120.0x | 0.130.0x | 0.130.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.130.0x | 0.120.0x |
| FCF Margin | 12.3%+12.2pp | 16.5%+15.7pp | -2.0%+9.4pp | 19.4%+6.2pp | 0.1%-2.9pp | 0.8%-12.9pp | -11.4%+13.8pp | 13.2%-6.0pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Atlantic American Corp AAME | FY2024 | $188.2M | -$4.3M | -2.3% | $26.3M | 24/100 |
| Citizens, Inc. CIA | FY2025 | $255.6M | N/A | N/A | $178.8M | 21/100 |
| Abacus Global Management, Inc. ABL | FY2025 | $235.2M | $36.5M | 15.5% | $828.0M | 25/100 |
| TIAN RUIXIANG Holdings Ltd TIRX | FY2024 | $5.4M | $617K | 11.4% | $2.7M | 24/100 |
| AIFU Inc. AIFU | FY2025 | $79.6M | -$325.4M | N/A | $56.7M | 22/100 |
| Brighthouse Financial, Inc. BHF | FY2025 | $6.8B | $331.0M | 4.9% | $2.8B | 5/100 |
Where Atlantic American Corp Ranks
Frequently Asked Questions
What is Atlantic American Corp's annual revenue?
Atlantic American Corp (AAME) reported $188.2M in total revenue for fiscal year 2024. This represents a 0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Atlantic American Corp's revenue growing?
Atlantic American Corp (AAME) revenue grew by 0.8% year-over-year, from $186.8M to $188.2M in fiscal year 2024.
Is Atlantic American Corp profitable?
No, Atlantic American Corp (AAME) reported a net income of -$4.3M in fiscal year 2024, with a net profit margin of -2.3%.
What is Atlantic American Corp's EBITDA?
Atlantic American Corp (AAME) had EBITDA of -$4.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Atlantic American Corp's operating margin?
Atlantic American Corp (AAME) had an operating margin of -2.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Atlantic American Corp's net profit margin?
Atlantic American Corp (AAME) had a net profit margin of -2.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Atlantic American Corp pay dividends?
Yes, Atlantic American Corp (AAME) paid $0.02 per share in dividends during fiscal year 2024.
What is Atlantic American Corp's return on equity (ROE)?
Atlantic American Corp (AAME) has a return on equity of -4.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Atlantic American Corp's free cash flow?
Atlantic American Corp (AAME) generated $4.6M in free cash flow during fiscal year 2024. This represents a 80.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Atlantic American Corp's operating cash flow?
Atlantic American Corp (AAME) generated $4.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Atlantic American Corp's total assets?
Atlantic American Corp (AAME) had $393.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Atlantic American Corp's capital expenditures?
Atlantic American Corp (AAME) invested $225K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Atlantic American Corp's debt-to-equity ratio?
Atlantic American Corp (AAME) had a debt-to-equity ratio of 2.95 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Atlantic American Corp's return on assets (ROA)?
Atlantic American Corp (AAME) had a return on assets of -1.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Atlantic American Corp's P/E ratio?
Atlantic American Corp (AAME) trades at 5.2x earnings, its market capitalization divided by net income of $5.1M net income, trailing 12 months to September 30, 2025. The market capitalization is $26.3M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Atlantic American Corp's price-to-sales ratio?
Atlantic American Corp (AAME) trades at 0.1x sales, its market capitalization divided by revenue of $208.2M revenue, trailing 12 months to September 30, 2025. The market capitalization is $26.3M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Atlantic American Corp's Piotroski F-Score?
Atlantic American Corp (AAME) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Atlantic American Corp's earnings high quality?
Atlantic American Corp (AAME) reported a net loss of $4.3M while generating $4.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Atlantic American Corp cover its interest payments?
Atlantic American Corp (AAME) reported an operating loss of $5.0M against $3.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Atlantic American Corp?
Atlantic American Corp (AAME) scores 24 out of 100 on our Financial Health Score, indicating weak standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.