Sector: Financials | Industry: Property & Casualty Insurance |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 100 Berwyn Park Ste 220 BERWYN PA 19312-2701 |
Tel: | N/A |
Website: | https://positivephysicians.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Positive Physicians Holdings, Inc. is an advanced medical professional liability protection and risk management company. The Company serve a network of healthcare providers across Pennsylvania, New Jersey, Ohio, Delaware, Maryland, South Carolina, Michigan, Florida, Georgia, and Texas. It provides comprehensive coverage solutions for healthcare professionals, such as claims-made coverage, occurrence coverage, and slot or full-time equivalency (FTE) policies. Its partnership with the medical interactive community (MI), equips medical professionals to navigate risks, enhance patient safety, and secure their practice against threats inherent to their profession. Through its membership, it offers resources and access to a library of comprehensive training materials and webinars. It complies with medical education requirements through accredited courses. |
Financial Overview |
For the six months ended 30 June 2020, Positive Physicians Holdings Inc revenues decreased 18% to $10.8M. Net loss increased 63% to $765K. Revenues reflect decrease in net premium earned. Higher net loss reflects Interest expense increase of 4% to $2K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.13 to -$0.21. |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $0.67M as of Jun 30, 2020 |
Annual revenue (TTM): | $25.83M as of Jun 30, 2020 |
EBITDA (TTM): | $2.27M as of Jun 30, 2020 |
Net annual income (TTM): | -$0.53M as of Jun 30, 2020 |
Free cash flow (TTM): | -$0.24M as of Jun 30, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 3,615,500 as of Aug 12, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |