Positive Physicians HoldingsInc (OQ:PPHI)

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
Business Overview
Positive Physicians Holdings, Inc. (PPHI), is a holding company. The Company, through its subsidiaries, offers medical professional liability insurance in six states to medical professionals and facilities. The Company offers a range of services, including insurance coverage, IME insurance, additional coverage and risk/claim management. Its insurance coverage includes occurrence coverage, occurrence-plus coverage, claims-made coverage, claims-made plus coverage, prior acts coverage, tail coverage, stand alone tail coverage and slot policies.
Financial Overview
For the nine months ended 30 September 2019, Positive Physicians HoldingsInc revenues increased 7% to $19.8M. Net loss decreased 71% to $474K. Revenues reflect Investment Income - Gross increase of 11% to $2.3M. Lower net loss reflects Interest expense decrease of 100% to $3K (expense), FV Adjustments of Financial Investments increase from $185K to $1.1M (income).
Reporting Currency: U.S. Dollars
Enterprise value: $18.09M as of Sep 30, 2019
Annual revenue (TTM): N/A
Net annual income (TTM): N/A
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 3,615,500 as of Nov 12, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization