Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	171.03M	262.56M	155.75M	222.97M	288.22M
Total Assets	651.84M	743.51M	573.96M	567.90M	753.78M
Investment Securities	—	37.71M	—	—	—
Reinsurance Recoverable	13.95M	6.48M	37.48M	33.93M	70.99M
Liabilities
Total Liabilities	309.69M	342.60M	375.76M	414.44M	540.51M
Insurance Liabilities	248.72M	260.53M	306.42M	323.26M	43.04M
Unearned Premiums	—	—	—	—	249.28M
Unpaid Claims	—	—	—	—	131.59M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	12.52M
Total Equity	342.14M	400.91M	198.20M	153.46M	213.28M
Shares Outstanding	30,200,564	30,000,000	14,000,000	14,000,000	14,000,000
Cash & Assets
Total Assets	651.84M	743.51M	573.96M	567.90M	753.78M
Cash & Equivalents	171.03M	262.56M	155.75M	222.97M	288.22M
Net Cash (Debt)	167.69M	261.77M	154.31M	220.35M	284.41M
Net Cash Per Share	5.58	10.34	11.02	15.74	20.32
Net Cash Growth	-35.9%	+69.6%	-30.0%	-22.5%	-17.2%
Other Receivables Insurance	11.58M	22.24M	18.72M	28.14M	107.63M
Restricted Cash	30.00M	30.00M	21.00M	21.00M	40.00M
Construction In Progress	—	2.59M	—	—	—
Machinery	—	13.96M	13.37M	13.35M	11.72M
Leasehold Improvements	—	5.70M	5.70M	5.70M	5.57M
Property, Plant & Equipment	8.60M	6.65M	5.11M	7.94M	9.62M
Goodwill	25.51M	25.51M	25.51M	25.51M	25.51M
Other Intangibles Insurance	7.80M	9.48M	5.11M	6.05M	5.72M
Deferred Policy Acquisition Cost	—	—	—	—	12.52M
Other Current Assets Insurance	16.49M	10.92M	7.68M	3.61M	3.38M
Other Long Term Assets Insurance	—	3.57M	0.51M	1.69M	2.32M
Long-Term Leases	3.34M	0.15M	0.44M	0.77M	2.04M
Current Portion of Leases	—	0.64M	1.00M	1.85M	1.76M
Long-Term Deferred Charges	—	—	—	—	13.86M
Loans & Investments
Investment Debt Securities	—	37.71M	—	—	—
Investment Equity Preferred	—	61.12M	43.48M	39.70M	30.57M
Other Investments	329.46M	219.95M	203.21M	127.00M	86.25M
Reinsurance Recoverable	13.95M	6.48M	37.48M	33.93M	70.99M
Total Investments	366.88M	366.10M	297.08M	217.06M	174.01M
Liabilities & Obligations
Total Liabilities & Equity	651.84M	743.51M	573.96M	567.90M	753.78M
Accounts Payable Insurance	—	3.64M	4.14M	10.04M	5.86M
Accrued Expenses	17.05M	11.04M	8.13M	19.42M	35.41M
Current Income Taxes Payable	10.35M	30.41M	40.19M	42.65M	42.65M
Other Current Liabilities Insurance	0.36M	0.37M	1.49M	1.49M	1.53M
Other Long Term Liabilities Insurance	—	3.08M	3.13M	4.30M	—
Reinsurance Payable	19.40M	23.88M	1.75M	2.63M	17.93M
Unearned Premiums	—	—	—	—	249.28M
Unpaid Claims	—	—	—	—	131.59M
Insurance Annuity Liabilities	248.72M	260.53M	306.42M	323.26M	43.04M
Debt & Funding
Total Debt	3.34M	0.79M	1.44M	2.62M	3.81M
Equity & Book Value
Shareholders' Equity	342.14M	400.91M	198.20M	153.46M	213.28M
Common Stock	300.00M	300.00M	140.00M	140.00M	400.00M
Retained Earnings	-32.49M	37.82M	13.05M	-29.25M	-197.04M
Comprehensive Income & Other	74.64M	63.09M	45.14M	42.70M	10.32M
Book Value Per Share	11.33	13.36	14.16	10.96	15.23
Tangible Book Value	308.83M	365.92M	167.57M	121.89M	182.04M
Tangible Book Value Per Share	10.23	12.20	11.97	8.71	13.00
Filing Date Shares Outstanding	30.20M	30.00M	14.00M	14.00M	14.00M
Total Common Shares Outstanding	30.20M	30.00M	14.00M	14.00M	14.00M
Supplemental
Total Liabilities Insurance	309.69M	342.60M	375.76M	414.44M	540.51M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	171.03M	262.56M	155.75M	222.97M	288.22M
Total Assets	651.84M	743.51M	573.96M	567.90M	753.78M
Investment Securities	—	37.71M	—	—	—
Reinsurance Recoverable	13.95M	6.48M	37.48M	33.93M	70.99M
Liabilities
Total Liabilities	309.69M	342.60M	375.76M	414.44M	540.51M
Insurance Liabilities	248.72M	260.53M	306.42M	323.26M	43.04M
Unearned Premiums	—	—	—	—	249.28M
Unpaid Claims	—	—	—	—	131.59M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	12.52M
Total Equity	342.14M	400.91M	198.20M	153.46M	213.28M
Shares Outstanding	30,200,564	30,000,000	14,000,000	14,000,000	14,000,000
Cash & Assets
Total Assets	651.84M	743.51M	573.96M	567.90M	753.78M
Cash & Equivalents	171.03M	262.56M	155.75M	222.97M	288.22M
Net Cash (Debt)	167.69M	261.77M	154.31M	220.35M	284.41M
Net Cash Per Share	5.58	10.34	11.02	15.74	20.32
Net Cash Growth	-35.9%	+69.6%	-30.0%	-22.5%	-17.2%
Other Receivables Insurance	11.58M	22.24M	18.72M	28.14M	107.63M
Restricted Cash	30.00M	30.00M	21.00M	21.00M	40.00M
Construction In Progress	—	2.59M	—	—	—
Machinery	—	13.96M	13.37M	13.35M	11.72M
Leasehold Improvements	—	5.70M	5.70M	5.70M	5.57M
Property, Plant & Equipment	8.60M	6.65M	5.11M	7.94M	9.62M
Goodwill	25.51M	25.51M	25.51M	25.51M	25.51M
Other Intangibles Insurance	7.80M	9.48M	5.11M	6.05M	5.72M
Deferred Policy Acquisition Cost	—	—	—	—	12.52M
Other Current Assets Insurance	16.49M	10.92M	7.68M	3.61M	3.38M
Other Long Term Assets Insurance	—	3.57M	0.51M	1.69M	2.32M
Long-Term Leases	3.34M	0.15M	0.44M	0.77M	2.04M
Current Portion of Leases	—	0.64M	1.00M	1.85M	1.76M
Long-Term Deferred Charges	—	—	—	—	13.86M
Loans & Investments
Investment Debt Securities	—	37.71M	—	—	—
Investment Equity Preferred	—	61.12M	43.48M	39.70M	30.57M
Other Investments	329.46M	219.95M	203.21M	127.00M	86.25M
Reinsurance Recoverable	13.95M	6.48M	37.48M	33.93M	70.99M
Total Investments	366.88M	366.10M	297.08M	217.06M	174.01M
Liabilities & Obligations
Total Liabilities & Equity	651.84M	743.51M	573.96M	567.90M	753.78M
Accounts Payable Insurance	—	3.64M	4.14M	10.04M	5.86M
Accrued Expenses	17.05M	11.04M	8.13M	19.42M	35.41M
Current Income Taxes Payable	10.35M	30.41M	40.19M	42.65M	42.65M
Other Current Liabilities Insurance	0.36M	0.37M	1.49M	1.49M	1.53M
Other Long Term Liabilities Insurance	—	3.08M	3.13M	4.30M	—
Reinsurance Payable	19.40M	23.88M	1.75M	2.63M	17.93M
Unearned Premiums	—	—	—	—	249.28M
Unpaid Claims	—	—	—	—	131.59M
Insurance Annuity Liabilities	248.72M	260.53M	306.42M	323.26M	43.04M
Debt & Funding
Total Debt	3.34M	0.79M	1.44M	2.62M	3.81M
Equity & Book Value
Shareholders' Equity	342.14M	400.91M	198.20M	153.46M	213.28M
Common Stock	300.00M	300.00M	140.00M	140.00M	400.00M
Retained Earnings	-32.49M	37.82M	13.05M	-29.25M	-197.04M
Comprehensive Income & Other	74.64M	63.09M	45.14M	42.70M	10.32M
Book Value Per Share	11.33	13.36	14.16	10.96	15.23
Tangible Book Value	308.83M	365.92M	167.57M	121.89M	182.04M
Tangible Book Value Per Share	10.23	12.20	11.97	8.71	13.00
Filing Date Shares Outstanding	30.20M	30.00M	14.00M	14.00M	14.00M
Total Common Shares Outstanding	30.20M	30.00M	14.00M	14.00M	14.00M
Supplemental
Total Liabilities Insurance	309.69M	342.60M	375.76M	414.44M	540.51M

Financials

Annual (SAR)

ALSAGR INSURANCE

Annual (SAR)