Fundamental Global Inc
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
FGNXP$25.99+4.4%Stored close · as of Sep 25, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
($ in thousands, except per share data)
| Year ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue: | ||
| Net premiums earned | $16,631 | $12,998 |
| Net investment income | 9,798 | 6,777 |
| Other income | 413 | 320 |
| Total revenue | 26,842 | 20,095 |
| Expenses: | ||
| Net losses and loss adjustment expenses | 9,713 | 7,484 |
| Amortization of deferred policy acquisition costs | 3,623 | 3,169 |
| General and administrative expenses (includes related party expense of $1,825 and $1,825, respectively) | 9,661 | 8,354 |
| Total expenses | 22,997 | 19,007 |
| Net income | $3,845 | $1,088 |
| Dividends declared on Series A Preferred Shares | 1,786 | 1,789 |
| Income (loss) attributable to common shareholders | $2,059 | $(701) |
| Basic and diluted net income (loss) per common share | $0.21 | $(0.09) |
| Weighted average common shares outstanding: | ||
| Basic and diluted | 9,991,980 | 8,030,106 |
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