other material
confidence high
sentiment neutral
materiality 0.55
Octave files ArmadaCorp financials: nine-month revenue $33.4M, net income $16.2M
OCTAVE SPECIALTY GROUP INC
- ArmadaCorp nine-month 2025 revenue $33.4M (up from $32.0M YoY); net income $16.2M vs $15.7M.
- Total assets $34.7M; member's equity $8.6M as of Sep 30, 2025.
- 95.1% of revenue from two carriers: Transamerica (54.7%) and SiriusPoint America (40.4%).
- Acquisition closed Oct 31, 2025 for $250M cash, funded partly by $120M borrowings.
- Audited financials for years ended Dec 31, 2024 and 2023 also filed.