Here are the 10-K annual reports from Atlantic American Corp (AAME) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow AAME and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAME filings page.
Atlantic American Corporation (AAME) amended its 2025 annual report to add the inadvertently omitted signature to the independent auditor’s report, file a revised auditor consent with corrected date references, and include new certifications. The amendment otherwise does not modify or update the original report.
For 2025, revenue was $210.4 million, versus $188.1 million in restated 2024, and net income was $6.0 million, compared with a $1.4 million loss; non-GAAP operating income was $3.7 million versus a $1.3 million loss. Management revised 2024 figures for errors in group insurance premium receivables and related premium revenue; the revision increased 2024 net loss by $277,000 without changing net cash provided by operating activities. Management identified a material weakness in financial-reporting controls and said remediation is ongoing. The company expects a Nasdaq staff delisting determination because it could not file each delinquent report by October 12, 2026, and intends to appeal; an appeal may not prevent suspension or delisting.
Atlantic American Corporation (AAME) reported 2025 total revenue of $210.4 million and net income of $6.0 million, compared with restated 2024 revenue of $188.1 million and a net loss of $1.4 million. Diluted earnings were $0.28 per share versus a $0.09 loss per diluted share. Non-GAAP operating income was $3.7 million, versus a $1.3 million operating loss.
American Southern recorded underwriting income of $744,000 versus a $3.6 million loss in 2024; its combined ratio was 99.1%, versus 105.4%. Bankers Fidelity reported net earned premiums of $111.6 million and underwriting income of $2.8 million, compared with $110.9 million and $2.7 million in 2024.
Management revised 2024 figures for errors in due-premium receivables and related premium revenue; the corrections increased 2024 net loss by $277,000. Management said the errors were not material to previously issued statements. Separately, it identified material weaknesses in financial-reporting controls as of December 31, 2025, with remediation underway. Nasdaq extended the deadline to regain periodic-report compliance to October 12, 2026. The company expects a staff delisting determination and intends to appeal, which may not prevent suspension or delisting.