---
schema_version: "secwatch.filing_event.v1"
accession: "0000024090-24-000142"
form_type: "8-K"
ticker: "CIA"
cik: "0000024090"
company_name: "CITIZENS, INC."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:43:57.771426+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Q2 net income $4.0M ($0.08/share) on 6% revenue growth; insurance issued record $295.2M

## Summary
- Revenue $62.1M (+6% YoY); net income $4.0M ($0.08 EPS) vs $6.1M ($0.12) in Q2 2023.
- Insurance issued record $295.2M (+86% YoY); direct first year premiums up 85% for seventh consecutive quarter.
- Adjusted income before tax $7.1M (vs $6.4M); GAAP income before tax $3.3M due to $3.5M legal fee accrual in trade secret lawsuit.
- Cash $26.3M, no debt; book value per Class A share $3.85 (+30% YoY).
- Producing agents up 45% since Dec 2023; management expects sales growth in 2024 leading to profit growth in 2025.

## SEC filing metadata
- accession: 0000024090-24-000142
- form_type: 8-K
- ticker: CIA
- cik: 0000024090
- company_name: CITIZENS, INC.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24090/000002409024000142/0000024090-24-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24090/000002409024000142/cia-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000024090-24-000142
- JSON: https://secwatch.observer/filing/0000024090-24-000142.json
- Plain text: https://secwatch.observer/filing/0000024090-24-000142.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.