Mon, May 12, 8:07 PM (62 days ago)
**Oxbridge Re Holdings Limited (OXBR) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** Total revenue for Q1 2025 was $692,000, a significant improvement from a loss of $125,000 in Q1 2024. - **Profit Margins:** The company reported a net loss of $139,000 for Q1 2025, an improvement from a net loss of $905,000 in Q1 2024. - **Cash Flow:** Net cash provided by operating activities was $272,000 for Q1 2025, compared to a net cash used of $276,000 in Q1 2024. - **Earnings Changes:** Earnings per share (EPS) improved to a loss of $0.02 in Q1 2025 from a loss of $0.15 in Q1 2024. **Key Performance Metrics:** - **Loss Ratio:** Remained at 0% for both Q1 2025 and Q1 2024. - **Acquisition Cost Ratio:** Consistent at 10.9% for both periods. - **Expense Ratio:** Decreased from 99.8% in Q1 2024 to 95.8% in Q1 2025. - **Combined Ratio:** Improved from 99.8% in Q1 2024 to 95.8% in Q1 2025. **Trends and Uncertainties:** - **Revenue Growth:** Driven by higher net premiums earned and positive changes in the fair value of equity securities. - **Expenses:** General and administrative expenses increased due to higher stock-based compensation. - **Future Operations:** The company plans to continue growing its capital base and exploring new geographic areas and risk categories. **Impact on Future Operations:** - **Capital Raising:** The company raised $2.7 million from a registered direct offering and $435,393 from ATM sales, which will be used for general corporate purposes. - **Tokenization:** SurancePlus, a subsidiary, continues to develop and issue tokenized reinsurance securities, expanding the company's Web3-focused business offerings. **Financial Condition:** - **Liquidity:** The company has sufficient cash flows from operations to meet liquidity requirements. - **Capital Resources:** The company expects to fund operations from operating cash flows and potential future equity offerings. **Risks and Uncertainties:** - **Catastrophic Events:** The company's operating results could be adversely affected by natural and man-made disasters. - **Market Risks:** The company's investments are subject to market risks, including volatility and liquidity risks. **Conclusion:** Oxbridge Re Holdings Limited showed significant improvement in its financial performance in Q1 2025 compared to Q1 2024. The company continues to focus on growing its capital base, expanding its business offerings, and managing risks effectively. However, it faces uncertainties related to catastrophic events and market risks.