Vericity, Inc. financial data

Industry
Life Insurance
Location
1350 E Touhy, Suite 205 W, Des Plaines, IL
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 657 % +20.8%
Return On Equity -12.7 % +8.86%
Return On Assets -1.67 % +22.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14.9M shares 0%
Common Stock, Shares, Outstanding 14.9M shares 0%
Common Stock, Value, Issued 15K USD 0%
Weighted Average Number of Shares Outstanding, Basic 14.9M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 14.9M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 178M USD +5.57%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15.2M USD +17.1%
Income Tax Expense (Benefit) -1.67M USD -0.42%
Net Income (Loss) Attributable to Parent -13.5M USD +18.8%
Earnings Per Share, Basic -0.91 USD/shares +19.5%
Earnings Per Share, Diluted -0.91 USD/shares +19.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 365K USD
Deferred Income Tax Assets, Net 33.4M USD +18.8%
Intangible Assets, Net (Excluding Goodwill) 1.64M USD 0%
Assets 827M USD +4.6%
Liabilities 724M USD +7.21%
Accumulated Other Comprehensive Income (Loss), Net of Tax -22.7M USD +4.85%
Retained Earnings (Accumulated Deficit) 86.1M USD -13.6%
Stockholders' Equity Attributable to Parent 103M USD -10.7%
Liabilities and Equity 827M USD +4.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.45M USD +72.9%
Net Cash Provided by (Used in) Financing Activities -348K USD +74.5%
Net Cash Provided by (Used in) Investing Activities 7.49M USD +235%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 14.9M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 5.7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 13.7M USD +159%
Deferred Tax Assets, Valuation Allowance 26.6M USD +9.05%
Deferred Tax Assets, Gross 93.4M USD +1.92%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12.4M USD +65.8%
Deferred Income Tax Expense (Benefit) -686K USD +31.3%
Deferred Tax Assets, Operating Loss Carryforwards 24.8M USD +5.65%
Unrecognized Tax Benefits 0 USD
Operating Leases, Future Minimum Payments, Due in Two Years 281K USD -52.2%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 588K USD -37.8%
Deferred Tax Assets, Net of Valuation Allowance 66.8M USD -0.67%
Operating Leases, Future Minimum Payments, Due in Three Years 240K USD -14.6%
Operating Leases, Future Minimum Payments Due 1.73M USD -35.4%
Interest Expense 719K USD +46.1%