Atlantic American(US:AAME)2025-11-14 19:47Financial Performance - Atlantic American Corporation reported net income of $0.6 million, or $0.02 per diluted share, for Q3 2025, a turnaround from a net loss of ($2.0) million, or ($0.10) per diluted share, in Q3 2024[2]. - For the nine-month period ended September 30, 2025, net income was $4.7 million, or $0.22 per diluted share, compared to a net loss of ($4.7) million, or ($0.24) per diluted share, in the same period of 2024[2]. - Operating income rose by $2.3 million in Q3 2025 compared to Q3 2024, and by $7.7 million for the nine-month period[3]. - Total revenue for Q3 2025 was $53.76 million, up from $44.52 million in Q3 2024, and for the nine-month period, total revenue was $159.18 million, compared to $139.18 million in the prior year[9]. Revenue Growth - Premium revenue increased nearly 12% year-to-date, driven by growth in both property & casualty and life & health segments[4]. - Insurance premiums, net, for Q3 2025 were $51.97 million, an increase from $43.78 million in Q3 2024[9]. Asset and Equity Position - Total assets increased to $430.86 million as of September 30, 2025, up from $393.43 million at the end of 2024[9]. - Book value per common share increased to $5.10 from $4.61 year-over-year[9]. Investment Gains and Future Outlook - The company reported unrealized gains on equity securities of $2.53 million for the nine-month period ended September 30, 2025, compared to a loss of ($1.62) million in the same period of 2024[9]. - The company is well-positioned to sustain profitable growth and create long-term value for shareholders[4].