Filing Flows › Atlantic American (AAME) › Q4 2024
Atlantic American (AAME) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Atlantic American (AAME) reported revenue of $48.9M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +10% from the quarter before. Operating margin was 8.6%, net earnings $3.3M (6.7% of revenue).
Atlantic American, Q4 2024: revenue $48.9M (+5% year over year), operating margin 8.6%, net earnings $3.3M, operating cash flow $9.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.9M | +10% | +5% |
| Operating profit | $4.2M | — | — |
| Net earnings | $3.3M | — | — |
| Operating cash flow | $9.6M | 107× | +56% |
| Free cash flow | $9.5M | 164× | +54% |
What changed
Revenue was $48.9M in Q4 2024, up 5% year over year and up 10% from the previous quarter.
Operating profit was $4.2M, a 8.6% margin (up 15.2 points year over year). Total costs fell 10% while revenue rose 5%. Net earnings were $3.3M. The effective tax rate was 21.4%.
Operating cash flow was $9.6M (up 56% year over year), 292% of net earnings. Non-cash charges added back $69K of depreciation and amortization and $2K of share-based compensation. Working capital and other items added $6.3M. Capital expenditures of $99K left free cash flow of $9.5M.
Questions
What was Atlantic American's revenue in the fourth quarter 2024?
Atlantic American (AAME) reported revenue of $48.9M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +10% from the quarter before.
Was Atlantic American profitable in the fourth quarter 2024?
Operating profit was $4.2M (8.6% of revenue) and net earnings $3.3M.
Source: Atlantic American 10-K on SEC EDGAR.