NI Holdings (NASDAQ:NODK) Full Year 2022 Results
Key Financial Results
Revenue: US$324.4m (flat on FY 2021).
Net loss: US$53.1m (down from US$8.42m profit in FY 2021).
US$2.49 loss per share (down from US$0.39 profit in FY 2021).
NODK Profitability Indicators
Combined ratio: 119.9% (up from 104.4% in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NI Holdings shares are up 1.4% from a week ago.
It is worth noting though that we have found 1 warning sign for NI Holdings that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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