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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›AAME›Financials
Annual statements · SEC XBRL · FY2015 – FY2024

ATLANTIC AMERICAN CORP (AAME) financials

Income statement

ATLANTIC AMERICAN CORP (AAME) income statement, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue$166M$166M$181M$186M$198M$195M$200M$188M$187M$188M
Revenue growth—0.1%9.1%2.5%6.8%-1.4%2.2%-5.9%-0.6%0.8%
Operating income$851K$929K-$3.81M-$3.93M-$7.49M$11.5M-$1.50M$9.63M$1.54M-$4.96M
Operating margin0.5%0.6%-2.1%-2.1%-3.8%5.9%-0.7%5.1%0.8%-2.6%
Net income$4.39M$2.64M$4.53M-$704K-$386K$12.2M$4.28M$1.52M-$171K-$4.27M
Net margin2.6%1.6%2.5%-0.4%-0.2%6.2%2.1%0.8%-0.1%-2.3%
EPS (diluted)$0.19$0.11$0.20-$0.05-$0.04$0.56$0.19$0.06-$0.03-$0.23

Cash flow

ATLANTIC AMERICAN CORP (AAME) cash flow, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow$2.21M$1.32M$12.2M$4.46M-$1.81M$8.97M$1.09M$6.45M$2.62M$4.80M
Capital expenditures$322K$396K$103K$281K$69.0K$233K$107K$126K$80.0K$225K
Free cash flow$1.89M$920K$12.1M$4.18M-$1.88M$8.74M$981K$6.33M$2.54M$4.58M
Share buybacks$997K$698K$692K$597K$71.0K$0.00————
Dividends paid$412K$408K$408K$407K$403K$0.00$408K$408K$408K$408K

Balance sheet

ATLANTIC AMERICAN CORP (AAME) balance sheet, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash & equivalents$15.6M$13.3M$24.5M$12.6M$12.9M$19.3M$24.8M$28.9M$28.3M$35.6M
Total assets$315M$319M$343M$344M$378M$405M$402M$367M$381M$393M
Total liabilities$212M$213M$230M$243M$259M$260M$261M$265M$274M$294M
Shareholders' equity$102M$106M$113M$101M$118M$145M$141M$102M$107M$99.6M
Retained earnings$25.4M$27.3M$31.0M$37.2M$36.0M$47.8M$51.3M$52.0M$50.9M$45.9M
Shares (wtd avg diluted)20.4M20.4M20.4M20.2M20.5M21.8M20.4M20.4M20.4M20.4M

Every figure is extracted from ATLANTIC AMERICAN CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is ATLANTIC AMERICAN CORP's annual revenue?
ATLANTIC AMERICAN CORP (AAME) reported $188M of revenue for fiscal year 2024 — up 0.8% from $187M in FY2023, per its annual report filed with the SEC.
Is ATLANTIC AMERICAN CORP profitable?
Not in FY2024 — AAME reported a net loss of $4.27M, per SEC filings.
What is ATLANTIC AMERICAN CORP's free cash flow?
$4.58M in FY2024 (operating cash flow $4.80M minus $225K of capital expenditures), from the SEC cash-flow statement.
Does AAME pay a dividend?
Yes — ATLANTIC AMERICAN CORP paid $408K in cash dividends during FY2024, per its SEC cash-flow statement.
Full AAME analysis — verdict, score & filings →Is AAME a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.