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ASIC ASIC Business Segments — Policy Acquisition Costs

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Other financials

Income statement

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Revenue$129.0M+55.2%
Net income$25.5M+201%
EPS (diluted)$0.51+155%

Balance sheet

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Cash & equivalents$47.5M+22.0%
Total debt$2.0M
Total equity$631.0M+47.7%
Total assets$1.5B

Cash flow

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Operating cash flow$42.0M+101%
CapEx$899.0K+3,496%
Free cash flow$41.1M+96.5%

Valuation

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Market cap$1.06B-2.5%
Enterprise value$1.01B-5.0%
P/E11.6×-6.3×
P/S2.3×-0.6×

Profitability

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Net margin19.4%+5.7pp
FCF margin32.8%

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity

Where this comes from

Reported directly by ASIC in its filing.

Tagged under the XBRL concept asic:PolicyAcquisitionCosts.

The official record: ASIC’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ASIC's business segments — policy acquisition costs?
ASIC (ASIC) reported business segments — policy acquisition costs of $18.54M in Q1 2026.
How has ASIC's business segments — policy acquisition costs changed year-over-year?
ASIC's business segments — policy acquisition costs increased by 25.9% year-over-year, from $14.73M to $18.54M.
What does business segments — policy acquisition costs mean?
These are the costs directly associated with acquiring new insurance policies, such as commissions, premium taxes, and underwriting expenses. Monitoring this metric helps assess the efficiency of the segment's distribution and sales strategy.