James River Group (JRVR)
Underwrites specialty casualty insurance and selectively provides admitted insurance and fronting.
$3.66
vs last close−0.08 (−2.14%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 117 | 201 | 188 | 191 | 127 | 172 | 175 | 173 | 168 | 151 | 161 |
| Cost of revenue | 139 | 56 | 128 | 129 | 51 | 160 | 117 | 131 | 136 | 109 | 108 | 99 |
| Gross profit | 71 | 61 | 73 | 59 | 140 | −34 | 55 | 44 | 36 | 59 | 43 | 62 |
| 40 | 32 | 40 | 39 | 178 | 39 | 39 | 37 | 34 | 34 | 54 | 48 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48 | 47 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48 | 29 |
| Other expenses | 40 | 32 | 40 | 39 | 178 | 39 | 39 | 37 | 34 | 34 | 6 | 1 |
| Operating income | 31 | 29 | 33 | 20 | −38 | −72 | 16 | 7 | 3 | 25 | −11 | 14 |
| 0 | 0 | 0 | 0 | −14 | 0 | 0 | 0 | 0 | 0 | 0 | −6 | |
| Interest expense | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Other non-operating income | −6 | −4 | −6 | −6 | 8 | −6 | −6 | −6 | −6 | −6 | −6 | 0 |
| Income before tax | 31 | 29 | 33 | 20 | −52 | −72 | 16 | 7 | 3 | 25 | −11 | 8 |
| Income tax expense | 7 | 10 | 9 | 6 | −14 | −9 | 5 | 2 | 1 | −8 | −2 | 2 |
| Net income from continuing operations | 24 | 19 | 24 | 14 | −38 | −63 | 11 | 5 | 2 | 32 | −9 | 7 |
| Discontinued operations | −4 | 0 | −8 | −7 | −1 | −1 | −1 | 0 | −1 | 0 | 0 | 0 |
| Other adjustments | 0 | −169 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 20 | −150 | 15 | 8 | −39 | −65 | 10 | 5 | 1 | 32 | −9 | 6 |
| EPS, basic | $0.45 | −$4.06 | $0.34 | $0.13 | −$1.11 | −$2.25 | $0.13 | $0.06 | −$0.02 | $0.65 | −$0.23 | $0.10 |
| EPS, diluted | $0.45 | −$4.06 | $0.29 | $0.13 | −$1.10 | −$2.25 | $0.13 | $0.06 | −$0.02 | $0.50 | −$0.23 | $0.10 |
| Weighted average shares, basic | 38 | 38 | 38 | 38 | 38 | 41 | 44 | 46 | 46 | 46 | 46 | 46 |
| Weighted average shares, diluted | 38 | 38 | 45 | 38 | 38 | 41 | 44 | 46 | 46 | 60 | 46 | 47 |
| EBITDA | 37 | 33 | 40 | 27 | −46 | −66 | 22 | 13 | 9 | 31 | −5 | 14 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 37 | 33 | 39 | 27 | −46 | −67 | 22 | 13 | 9 | 31 | −5 | 14 |
