FG Financial Q3 net income $5.2M ($0.50 EPS); reinsurance premiums $4.2M

FG Nexus Inc.

2024-Q3 EPS reported -$32.06 revenue$20,433,000

Net income attributable to common: $5.2M ($0.50 diluted EPS) vs $9.8M ($1.05) in Q3 2022.
Net reinsurance premiums earned: $4.2M for Q3 2023 vs $4.4M in Q3 2022.
Net investment income $7.0M, driven by gains from FG Merger Corp. business combination with iCoreConnect.
Total shareholders' equity $42.7M at Sep 30, 2023, up from $37.3M at Dec 31, 2022.
Paid 22nd consecutive quarterly dividend on Series A Preferred: $0.50 per share.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FG Nexus Inc. reported third quarter and nine months ended September 30, 2023 results: revenue $4.2 million, net income $5.2 million, EPS $0.50 per fully diluted share.

Period: third quarter and nine months ended September 30, 2023
Revenue: $4.2 million
Net income: $5.2 million
EPS: $0.50 per fully diluted share
Result: reported results

Exact text from the filing

and Nine Months Financial Results and Highlights FG Financial Group’s 2023 third quarter and nine-month financial results included: ● Net reinsurance premiums earned were $4.2 million for the three months ended September 30, 2023 compared to $4.4 million in the third quarter of the prior year. Net reinsurance premiums for the nine months ended September 30,

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

FG Nexus Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-040492

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