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MARKETS / NASDAQ / AAME
NASDAQ · LIFE INSURANCE · SMALL CAP

Atlantic American Corp. AAME

15 fiscal years on record · USD · FY2024 reported · SEC filings only
$188.2M
▲ 0.8% YoY
$-4.3M
$4.6M
▲ 80.0% YoY
In brief

What this company does

Atlantic American Corporation operates in well-defined specialty markets within the life and health insurance and property and casualty insurance industries. The company and its subsidiaries employed 156 people at December 31, 2024, of whom 153 were full-time. The Parent's principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company, together known as American Southern, within the property and casualty insurance industry, and Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company, together known as Bankers Fidelity, within the life and health insurance industry. American Southern is licensed to do business in 32 states and the District of Columbia. Products offered by Bankers Fidelity include ordinary life insurance, Medicare supplement and other accident and health insurance products. Bankers Fidelity acquires its clientele through three distribution channels spread across 46 different states and two business divisions, all of which utilize commissioned, independent agents. Atlantic American Corporation was incorporated in Georgia in 1968.

Written from the business description in ATLANTIC AMERICAN CORP's annual report to the U.S. Securities and Exchange Commission, filed 25 March 2025. Every sentence was checked against that document before publication.

Growth
USD 188.2M
Revenue, FY2024 · full 15-year series below
Revenue $M Net income $M
FY2024 · Revenue 188.2 · Net income -4.3
80M160M20102012201420162018202020222024
Compound annual growth
−1.9%
−1.0%
+1.2%
+0.0%
+0.0%
+0.0%
−3.0%
−19.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −1.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -2.6% · Net -2.3%
2%4%6%-1%-2%-3%20102012201420162018202020222024
ROE
FY2024 · ROE -4.1%
5%10%-2%-4%20102012201420162018202020222024

Each USD of equity lost 4 cents this year.

Cash & shareholders
USD 408,000.00
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 4.6
5.0M10.0M-0.8M-1.6M20102012201420162018202020222024
Net buybacks $M Dividends $M
FY2024 · Dividends 0.4 · Net buybacks —
2MDividendsNet buybacks20102012201420162018202020222024

USD 408,000.00 in dividends went back to shareholders in a year without profit.

Total assetsUSD 393.4M
EquityUSD 99.6M
CashUSD 35.6M

Equity funds 25% of total assets.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202420232022202120202019201820172016201520142013201220112010
Revenue $B0.20.20.20.20.20.20.20.20.20.20.20.20.10.10.1
Operating income $B−0.00.00.0−0.00.0−0.0−0.0−0.00.00.00.00.00.00.00.0
EBITDA $B−0.00.00.0−0.00.0−0.0−0.0−0.00.00.00.00.00.00.00.0
Income tax $B−0.0−0.00.00.00.0−0.0−0.00.00.00.00.00.00.00.0−0.0
Net income $B−0.0−0.00.00.00.0−0.0−0.00.00.00.00.00.00.00.00.0
Free cash flow $B0.00.00.00.00.0−0.00.00.00.00.00.00.00.00.00.0
EPS, diluted $−0.23−0.030.060.190.56−0.04−0.050.200.110.190.190.480.180.120.02
Dividend / sh $0.020.020.020.020.000.020.020.02·······
Payout %−10−23927100−104−58915919433140
ROE %−4.1−0.21.33.09.2−0.4−0.74.12.54.24.310.74.43.71.2
Shares out B0.020.020.020.020.020.020.020.020.020.020.020.020.020.020.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 44 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityLife Insurance
Listed onNASDAQ
Incorporated inGeorgia
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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