Company profile

Ticker
PTVCA
Exchange
CEO
Jeremy D. Edgecliffe-Johnson
Employees
Incorporated in
Location
Fiscal year end
Former names
Baldwin & Lyons Inc
SEC CIK
IRS number
350160330

PTVCA stock data

(
)

Calendar

6 Nov 19
15 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 119.83M 127M 124.34M 107.06M
Net income -707K 1.54M 2.75M -24.57M
Diluted EPS -0.05 0.11 0.18 -1.65
Net profit margin -0.59% 1.21% 2.21% -22.95%
Net change in cash 5.01M -36.65M -46.58M 55M
Cash on hand 85.78M 80.77M 117.42M 164M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 439.17M 371.23M 319M 280.28M
Net income -34.08M 18.32M 28.95M 23.28M
Diluted EPS -2.28 1.21 1.92 1.55
Net profit margin -7.76% 4.94% 9.07% 8.31%
Net change in cash 99.32M 1.7M -10.56M 8.91M
Cash on hand 164M 64.68M 62.98M 73.54M

Financial data from company earnings reports

Financial report summary

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Risks
  • We compete with a large number of companies in the insurance industry for underwriting revenues.
  • Changes in laws and regulations governing the insurance industry could have a negative impact on our ability to generate income from our insurance operations.
  • A material decline in our financial strength rating could adversely affect our position in the insurance market and cause a significant reduction in our premiums and earnings.
  • We have two classes of common stock with unequal voting rights that are effectively controlled by our principal shareholders and management, which limits other shareholders’ ability to influence our operations.
  • We are subject to credit risk relating to our ability to recover amounts due from reinsurers.
  • We may incur additional losses if our loss reserves are inadequate.
  • The loss of our major customer could severely impact our revenue and earnings potential and A.M. Best rating.
  • Our collateral held may prove to be insufficient.
  • A material drop in interest rates, or disruption in the fixed income markets, could have an adverse impact on our earnings and, potentially, our financial position.
  • Our investment portfolio is subject to market and credit risks, which could affect our financial results and ability to conduct business.
  • Technological advances, including those specific to the transportation industry, could present us with added competitive risks.
  • The failure of our information technology systems and other operational systems to operate properly or disruptions or breaches of our information systems could adversely affect our business, results of operations and financial condition.
  • Changes in current accounting practices and future pronouncements may materially impact our reported financial results.
  • We may be unable to attract and retain qualified employees and successfully execute our Chief Executive Officer transition.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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Removed: aforementioned, arrangement, book, fall, flat, growing, India, lowered, managed, moving, ownership, restructured, structure, Vernon