IGICW Company Profile and Key Details

Over the trailing twelve months, International General Insurance generated $471.59M in revenue, or $10.85 per share. Gross margin was 100.00%, operating margin 66.18%, and net profit margin 25.06%. Returns are healthy, with ROA at 7.79% and ROE at 21.87%.
On valuation metrics, International General Insurance trades at a P/E of 10.06, P/S of 2.07 and P/B of 1.60. The current ratio is 1.33 and quick ratio is 1.33. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 289.10 days.

For the quarter ended Dec 31, 2023, International General Insurance posted revenue of $471.59M, down slightly from $386.60M in the prior quarter. Gross profit was $471.60M (margin 100.00%). Operating income was $312.10M (margin 66.2%). Net income was$118.19M (EPS $2.58).
The company ended the quarter with $297.64M in cash and short-term investments, a total debt of $2.13M, and net debt of - $192.89M. Total assets were $1.52B, with equity of $540.43M. Financials further reflected stability, with operating cash flow of $196.61M, free cash flow of $119.56M, and capital expenditures of - $77.05M.