Maiden Holdings (MHLD) Financial Statements
Price: $0.6302
Market Cap: $62.70M
Avg Volume: 179.49K
Market Cap: $62.70M
Avg Volume: 179.49K
Country: BM
Industry: Insurance - Reinsurance
Sector: Financial Services
Industry: Insurance - Reinsurance
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Maiden Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $56.44M | $89.23M | $8.26M | $106.41M | $175.60M | $578.85M | $2.17B | $2.91B | $2.74B | $2.58B |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $56.44M | $89.23M | $8.26M | $106.41M | $175.60M | $578.85M | $2.17B | $2.91B | $2.74B | $2.58B |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $35.35M | $28.59M | $30.95M | $36.02M | $39.12M | $47.22M | $64.94M | $70.56M | $66.98M | $64.87M |
| Selling and Marketing Expenses | $- | $2.20M | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $35.35M | $30.80M | $30.95M | $36.02M | $39.12M | $47.22M | $64.94M | $70.56M | $66.98M | $64.87M |
| Other Expenses | $- | $52.70M | $87.58M | $-116.83M | $-174.33M | $-761.73M | $-2.76B | $2.22B | $1.90B | $2.38B |
| Operating Expenses | $35.35M | $83.49M | $118.53M | $-80.81M | $-135.22M | $-714.51M | $-2.69B | $2.29B | $1.97B | $2.45B |
| Cost and Expenses | $35.35M | $83.49M | $126.78M | $87.49M | $139.04M | $689.13M | $2.62B | $3.08B | $2.69B | $2.45B |
| Interest Income | $13.26M | $- | $6.20M | $3.49M | $15.94M | $19.32M | $- | $- | $- | $- |
| Interest Expense | $19.27M | $18.23M | $19.33M | $19.33M | $19.32M | $19.32M | $19.32M | $23.26M | $28.17M | $29.06M |
| Depreciation and Amortization | $- | $2.75M | $-112.00K | $3.45M | $6.24M | $5.91M | $4.90M | $5.45M | $20.30M | $2.84M |
| EBITDA | $- | $-25.25M | $-41.17M | $41.69M | $62.13M | $-85.04M | $-425.63M | $-125.70M | $98.19M | $165.10M |
| EBITDA Ratio | 0.00% | -28.29% | 912.42% | 31.78% | 27.95% | -22.08% | -23.91% | -4.76% | 3.70% | 6.40% |
| Operating Income | $21.09M | $-86.43M | $75.43M | $25.59M | $40.38M | $-135.66M | $-524.87M | $-140.50M | $49.71M | $126.32M |
| Operating Income Ratio | 37.37% | -96.86% | 913.77% | 24.05% | 23.00% | -23.44% | -24.20% | -4.83% | 1.81% | 4.89% |
| Total Other Income Expenses Net | $-221.00M | $40.21M | $-87.58M | $-43.79M | $-108.44M | $-110.27M | $-449.85M | $-154.41M | $-1.95B | $- |
| Income Before Tax | $-199.91M | $-46.22M | $-60.39M | $18.91M | $36.56M | $-110.27M | $-449.85M | $-173.30M | $49.71M | $126.32M |
| Income Before Tax Ratio | -354.23% | -51.80% | -731.59% | 17.77% | 20.82% | -19.05% | -20.74% | -5.96% | 1.81% | 4.89% |
| Income Tax Expense | $1.05M | $196.00K | $-557.00K | $15.00K | $-104.00K | $-911.00K | $441.00K | $-3.56M | $1.57M | $2.04M |
| Net Income | $-200.97M | $-38.57M | $-59.84M | $18.90M | $41.76M | $-109.36M | $-544.62M | $-169.90M | $48.98M | $124.48M |
| Net Income Ratio | -356.10% | -43.22% | -724.85% | 17.76% | 23.78% | -18.89% | -25.11% | -5.85% | 1.79% | 4.82% |
| EPS | $-2.01 | $-0.38 | $-0.69 | $0.22 | $0.95 | $-1.32 | $-6.56 | $-1.98 | $0.63 | $1.69 |
| EPS Diluted | $-2.01 | $-0.38 | $-0.69 | $0.22 | $0.95 | $-1.32 | $-6.56 | $-1.98 | $0.62 | $1.45 |
| Weighted Average Shares Outstanding | 99.90M | 101.38M | 87.11M | 86.07M | 84.33M | 83.06M | 83.00M | 85.68M | 77.53M | 73.48M |
| Weighted Average Shares Outstanding Diluted | 99.90M | 101.38M | 87.11M | 86.07M | 84.33M | 83.06M | 83.05M | 85.68M | 78.69M | 85.64M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $25.65M | $35.41M | $30.99M | $26.67M | $74.04M | $48.20M | $200.84M | $67.92M | $45.75M | $89.64M |
| Short Term Investments | $225.71M | $208.42M | $314.53M | $597.14M | $1.21B | $1.84B | $3.05B | $4.04B | $3.97B | $3.51B |
| Cash and Short Term Investments | $251.36M | $243.84M | $345.51M | $623.81M | $1.29B | $1.88B | $3.25B | $4.11B | $4.02B | $3.60B |
| Net Receivables | $20.81M | $156.44M | $- | $- | $- | $- | $67.31M | $462.65M | $510.10M | $448.57M |
| Inventory | $- | $- | $-1.35B | $-1.36B | $-1.50B | $-1.61B | $-558.90M | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $- | $986.79M | $665.34M | $548.41M |
| Total Current Assets | $55.54M | $35.41M | $1.09M | $1.84B | $2.54B | $3.20B | $3.32B | $5.56B | $5.19B | $4.59B |
| Property Plant Equipment Net | $- | $- | $300.00K | $473.00K | $1.64M | $2.34M | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $57.19M | $57.19M | $58.94M |
| Intangible Assets | $- | $17.57M | $24.98M | $36.70M | $51.90M | $77.36M | $388.44M | $18.39M | $20.52M | $22.98M |
| Goodwill and Intangible Assets | $- | $17.57M | $24.98M | $36.70M | $51.90M | $77.36M | $388.44M | $75.58M | $77.72M | $81.92M |
| Long Term Investments | $327.05M | $263.74M | $438.31M | $680.89M | $1.25B | $1.84B | $4.07B | $5.14B | $4.72B | $4.12B |
| Tax Assets | $- | $- | $-24.98M | $644.66M | $1.20B | $1.76B | $- | $- | $- | $- |
| Other Non-Current Assets | $-327.05M | $1.20B | $-438.53M | $-681.36M | $-1.25B | $-1.84B | $-388.44M | $-4.14B | $-3.74B | $-3.08B |
| Total Non-Current Assets | $327.05M | $1.48B | $80.16K | $681.36M | $1.25B | $1.84B | $4.07B | $1.08B | $1.06B | $1.12B |
| Other Assets | $933.41M | $- | $1.85B | $-201.33M | $-847.08M | $-1.47B | $-2.10B | $- | $- | $- |
| Total Assets | $1.32B | $1.52B | $1.85B | $2.32B | $2.95B | $3.57B | $5.29B | $6.64B | $6.25B | $5.71B |
| Account Payables | $- | $- | $47.71M | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $24.03M | $1.19B | $- | $- | $- | $- | $- | $- | $- |
| Total Current Liabilities | $- | $24.03M | $1.24B | $1.53B | $1.95B | $2.47B | $3.12B | $5.16B | $4.54B | $4.01B |
| Long Term Debt | $254.76M | $254.60M | $255.87M | $255.35M | $256.76M | $257.25M | $254.69M | $254.48M | $351.41M | $360.00M |
| Deferred Revenue Non-Current | $- | $73.24M | $47.71M | $48.96M | $74.94M | $112.95M | $- | $- | $- | $139.87M |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-139.87M |
| Other Non-Current Liabilities | $- | $917.90M | $-255.87M | $1.63B | $2.09B | $2.69B | $4.48B | $5.16B | $4.54B | $3.99B |
| Total Non-Current Liabilities | $254.76M | $1.25B | $1.56B | $304.31M | $330.07M | $367.86M | $254.69M | $254.48M | $351.41M | $349.93M |
| Other Liabilities | $1.27B | $- | $-1.24B | $-1.53B | $-1.95B | $-2.47B | $1.36B | $-452.00K | $-355.00K | $8.79M |
| Total Liabilities | $1.27B | $1.27B | $1.56B | $304.31M | $330.07M | $367.86M | $4.73B | $5.41B | $4.89B | $4.36B |
| Preferred Stock | $- | $- | $- | $159.21M | $394.31M | $465.00M | $465.00M | $465.00M | $315.00M | $480.00M |
| Common Stock | $1.50M | $1.50M | $1.49M | $923.00K | $898.00K | $882.00K | $879.00K | $877.00K | $873.00K | $747.00K |
| Retained Earnings | $-687.91M | $-486.94M | $-442.86M | $-498.30M | $-615.84M | $-695.79M | $-563.89M | $35.47M | $285.66M | $316.18M |
| Accumulated Other Comprehensive Income Loss | $-32.73M | $-31.47M | $-41.23M | $-12.21M | $23.86M | $17.84M | $-65.62M | $13.35M | $15.00M | $-23.77M |
| Other Total Stockholders Equity | $764.34M | $766.08M | $767.18M | $734.63M | $724.59M | $719.79M | $717.90M | $717.47M | $744.26M | $574.66M |
| Total Stockholders Equity | $45.19M | $249.16M | $284.58M | $384.26M | $527.82M | $507.72M | $554.27M | $1.23B | $1.36B | $1.35B |
| Total Equity | $45.19M | $249.16M | $284.58M | $384.26M | $527.82M | $507.72M | $554.92M | $1.23B | $1.36B | $1.35B |
| Total Liabilities and Stockholders Equity | $1.32B | $1.52B | $1.85B | $2.32B | $2.95B | $3.57B | $5.29B | $6.64B | $6.25B | $5.71B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $641.00K | $452.00K | $355.00K | $1.28M |
| Total Liabilities and Total Equity | $1.32B | $1.52B | $1.85B | $2.32B | $2.95B | $3.57B | $5.29B | $6.64B | $6.25B | $5.71B |
| Total Investments | $484.06M | $366.71M | $755.03M | $990.59M | $1.49B | $2.04B | $4.26B | $5.32B | $4.90B | $4.30B |
| Total Debt | $254.76M | $254.60M | $255.57M | $255.35M | $255.13M | $254.91M | $254.69M | $254.48M | $351.41M | $360.00M |
| Net Debt | $229.11M | $219.19M | $224.59M | $228.68M | $181.09M | $206.71M | $53.85M | $186.56M | $305.66M | $270.36M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-200.97M | $-38.57M | $-60.04M | $26.64M | $41.76M | $-109.36M | $-450.29M | $-169.75M | $48.14M | $124.28M |
| Depreciation and Amortization | $- | $-1.02M | $-112.00K | $8.22M | $8.69M | $7.82M | $6.18M | $11.82M | $20.30M | $9.72M |
| Deferred Income Tax | $- | $-1.73M | $- | $-4.77M | $-2.44M | $-1.91M | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $2.74M | $4.77M | $2.44M | $1.91M | $1.28M | $2.94M | $3.41M | $2.94M |
| Change in Working Capital | $153.39M | $-9.19M | $-132.87M | $-401.22M | $-573.65M | $-1.01B | $722.82M | $613.75M | $420.08M | $509.49M |
| Accounts Receivables | $31.44M | $12.59M | $19.35M | $-7.88M | $16.34M | $-385.05M | $-135.00K | $54.04M | $-62.42M | $106.78M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $121.95M | $-21.78M | $-152.22M | $-393.33M | $-589.99M | $-623.20M | $722.95M | $559.72M | $482.50M | $402.70M |
| Other Non Cash Items | $-19.87M | $-9.28M | $-2.80M | $-28.08M | $-18.58M | $-32.81M | $-96.42M | $2.70M | $-18.39M | $-9.19M |
| Net Cash Provided by Operating Activities | $-67.45M | $-59.78M | $-195.93M | $-394.43M | $-541.77M | $-1.14B | $182.29M | $458.53M | $470.13M | $634.30M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $7.58M | $8.30M | $-37.27M | $-34.79M | $- | $255.92M | $- | $- | $- |
| Purchases of Investments | $-37.77M | $-235.22M | $-136.24M | $-323.24M | $-495.71M | $-2.02B | $-1.02B | $-1.38B | $-1.37B | $-1.46B |
| Sales Maturities of Investments | $100.94M | $286.25M | $316.81M | $824.18M | $1.13B | $2.94B | $689.71M | $1.02B | $794.78M | $670.69M |
| Other Investing Activities | $14.57M | $-101.00K | $-88.00K | $396.00K | $-608.00K | $-2.87M | $358.71M | $-23.97M | $138.24M | $42.41M |
| Net Cash Used for Investing Activities | $77.74M | $58.51M | $188.79M | $464.06M | $596.04M | $913.18M | $32.90M | $-378.89M | $-439.20M | $-750.68M |
| Debt Repayment | $- | $-95.00K | $- | $- | $- | $- | $- | $-100.00M | $-1.22M | $- |
| Common Stock Issued | $- | $- | $10.00K | $- | $- | $- | $31.00K | $1.08M | $1.93M | $3.32M |
| Common Stock Repurchased | $-3.73M | $-2.92M | $-10.99M | $-138.74M | $-30.13M | $-18.00K | $-873.00K | $-25.65M | $-470.00K | $-654.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $-67.19M | $-80.79M | $-76.88M | $-62.54M |
| Other Financing Activities | $- | $- | $-9.98M | $-136.42M | $-60.26M | $- | $- | $290.96M | $-143.00K | $322.57M |
| Net Cash Used Provided by Financing Activities | $-3.73M | $-3.02M | $-10.98M | $-138.90M | $-30.13M | $-18.00K | $-68.03M | $-60.42M | $-76.78M | $99.75M |
| Effect of Forex Changes on Cash | $-1.15M | $335.00K | $-1.34M | $-470.00K | $4.41M | $-382.00K | $-1.56M | $2.95M | $1.96M | $-1.85M |
| Net Change in Cash | $5.41M | $-3.95M | $-19.46M | $-69.74M | $28.55M | $-229.82M | $145.60M | $22.17M | $-43.89M | $-18.48M |
| Cash at End of Period | $48.08M | $42.68M | $46.62M | $66.09M | $135.83M | $107.28M | $337.10M | $67.92M | $45.75M | $89.64M |
| Cash at Beginning of Period | $42.68M | $46.62M | $66.09M | $135.83M | $107.28M | $337.10M | $191.50M | $45.75M | $89.64M | $108.12M |
| Operating Cash Flow | $-67.45M | $-59.78M | $-195.93M | $-394.43M | $-541.77M | $-1.14B | $182.29M | $458.53M | $470.13M | $634.30M |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $-67.45M | $-59.78M | $-195.93M | $-394.43M | $-541.77M | $-1.14B | $182.29M | $458.53M | $470.13M | $634.30M |