The primary business of Atlas is commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the “light” commercial automobile sector including taxi cabs and limousine/livery (including full-time transportation network company drivers) and business auto. Atlas’ specialized infrastructure is designed to leverage analytics, expertise and technology to efficiently and profitably provide insurance solutions for independent contractors, owner operators and other smaller accounts.
Company profile
Ticker
AFHIF
Exchange
Website
CEO
Scott Wollney
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
The Estate of American Country Insurance Company • American Insurance Acquisition Inc. • The Estate of American Service Insurance Company, Inc. • Anchor Group Management Inc. • Anchor Holdings Group, Inc. • The Estate of Gateway Insurance Company • The Estate of Global Liberty Insurance Company • optOn Digital IP Inc. • optOn Insurance Agency Inc. • UBI Holdings Inc. ...
IRS number
275466079
AFHIF stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
31 Jan 24
NT 10-K
Notice of late annual filing
28 Mar 23
8-K
Entry into a Material Definitive Agreement
13 Feb 23
8-K
Departure of Directors or Certain Officers
17 Jan 23
8-K
Entry into a Material Definitive Agreement
5 Jan 23
8-K
Atlas Financial Holdings Announces Unaudited Third Quarter 2022 Financial Results
14 Nov 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
8-K
Entry into a Material Definitive Agreement
3 Nov 22
8-K
Other Events
30 Sep 22
8-K
Entry into a Material Definitive Agreement
9 Sep 22
Latest ownership filings
4
Bruce Wayne Giles
21 Feb 24
5
Scott D Wollney
15 Feb 24
SC 13G
Snow Brendan Collins
2 Aug 23
SC 13G
AMERICAN FINANCIAL GROUP INC
31 Jan 23
4
STEVEN D SCHEIWE
25 Jan 23
4
MARK E HOLLIDAY
25 Jan 23
4
Bruce Wayne Giles
25 Jan 23
4
Joseph Raymond Shugrue
25 Jan 23
4
Paul Anthony Romano JR
25 Jan 23
4
Scott D Wollney
25 Jan 23
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.04 mm | 2.04 mm | 2.04 mm | 2.04 mm | 2.04 mm | 2.04 mm |
Cash burn (monthly) | 404.33 k | 216.83 k | 1.25 mm | 1.05 mm | 921.67 k | 999.67 k |
Cash used (since last report) | 7.62 mm | 4.09 mm | 23.54 mm | 19.87 mm | 17.38 mm | 18.85 mm |
Cash remaining | -5.58 mm | -2.05 mm | -21.50 mm | -17.83 mm | -15.34 mm | -16.81 mm |
Runway (months of cash) | -13.8 | -9.5 | -17.2 | -16.9 | -16.6 | -16.8 |
Institutional ownership, Q3 2021
20.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 1.10 mm |
Total shares | 3.62 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Broadbill Partners GP | 2.51 mm | $852.00 k |
Baleen Capital Management | 614.35 k | $0.00 |
Palm Management | 499.00 k | $244.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Dec 23 | Wollney Scott D | Common Shares | Other | Acquire J | No | No | 0.1897 | 473,970 | 89.91 k | 1,249,846 |
9 Jan 23 | Wollney Scott D | Options (Common Shares) Common Shares | Grant | Acquire A | No | No | 0.05 | 260,000 | 13.00 k | 435,000 |
9 Jan 23 | Romano Paul Anthony JR | Options (Common Shares) Common Shares | Grant | Acquire A | No | No | 0.05 | 220,000 | 11.00 k | 335,000 |
9 Jan 23 | Shugrue Joseph Raymond | Options (Common Shares) Common Shares | Grant | Acquire A | No | No | 0.05 | 220,000 | 11.00 k | 320,000 |