Maiden Holdings 6.625% Senior Notes due 2046 (MHLA)
Senior notes issued by a fronting platform with legacy reinsurance run-off.
$9.24
After hours0.00 (0.00%)
At close$9.24(−2.22%)
In millions of USD, except per-share figures
| In millions | Q2 FY22Jun 2022 | Q3 FY22Sep 2022 | Q4 FY22Dec 2022 | Q1 FY23Mar 2023 | Q2 FY23Jun 2023 | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 18 | 10 | 19 | 23 | 22 | 25 | 29 | 20 | 14 | −7 | 14 |
| Gross profit | 21 | 18 | 10 | 19 | 23 | 22 | 25 | 29 | 20 | 14 | −7 | 14 |
| 12 | 21 | 57 | 27 | 21 | 20 | −38 | 8 | 8 | 10 | −5 | 11 | |
| 7 | 6 | 6 | 10 | 7 | 7 | 7 | 8 | 8 | 10 | 9 | 11 | |
| Selling & marketing | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | −2 | 1 |
| General & administrative | 7 | 6 | 6 | 9 | 6 | 6 | 7 | 8 | 7 | 9 | 11 | 10 |
| Other expenses | −12 | −12 | −17 | −14 | −12 | −12 | −45 | 0 | 0 | 0 | −15 | 0 |
| Operating income | 2 | −12 | −38 | −5 | −1 | −6 | 18 | 4 | 13 | 4 | −17 | 3 |
| −13 | −19 | −55 | −21 | −19 | −19 | −38 | 1 | −22 | −39 | −141 | −12 | |
| Interest income | 5 | 5 | 5 | 4 | 5 | 5 | 0 | 5 | 0 | 0 | 0 | 0 |
| Interest expense | 5 | 5 | 0 | 4 | 0 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Other non-operating income | −2 | −11 | −3 | −9 | −16 | −15 | −18 | −21 | −13 | 34 | 201 | −10 |
| Income before tax | 3 | −8 | −52 | −11 | −3 | −4 | −20 | 1 | −10 | −34 | −157 | −9 |
| Income tax expense | −1 | 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net income from continuing operations | 1 | −8 | −51 | −11 | −3 | −4 | −21 | 1 | −10 | −34 | −158 | −9 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 1 | −8 | 36 | −11 | −3 | −4 | −21 | 1 | −10 | −34 | −158 | −9 |
| EPS, basic | $0.01 | −$0.09 | $0.41 | −$0.11 | −$0.03 | −$0.03 | −$0.21 | $0.01 | −$0.10 | −$0.35 | $0.43 | −$0.09 |
| EPS, diluted | $0.01 | −$0.09 | $0.41 | −$0.11 | −$0.03 | −$0.03 | −$0.21 | $0.01 | −$0.10 | −$0.35 | $0.43 | −$0.09 |
| Weighted average shares, basic | 87 | 87 | 88 | 102 | 98 | 101 | 101 | 100 | 100 | 100 | 100 | 99 |
| Weighted average shares, diluted | 87 | 87 | 88 | 102 | 102 | 101 | 101 | 100 | 100 | 100 | 100 | 99 |
| EBITDA | 13 | 4 | 75 | 23 | 32 | 2 | 37 | 43 | 3 | −29 | −144 | −4 |
| Depreciation & amortization | −2 | 12 | 38 | 5 | 1 | 6 | 0 | 1 | −10 | 0 | 9 | 0 |
| EBIT | 15 | 22 | 7 | 19 | 32 | 30 | 36 | 42 | 25 | −30 | −218 | −4 |
