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Oxbridge Re Holdings (OXBR)
NASDAQ:OXBR
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Oxbridge Re Holdings
(NASDAQ:OXBR)
45Neutral
Oxbridge Re Holdings (OXBR) vs. S&P 500 (SPY)
Market Cap
$10.72M
Dividend YieldN/A
Average Volume (3M)28.07K
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue GrowthN/A
EPS Growth73.32%
CountryUS
Employees3
SectorFinancial
Sector Strength77
IndustryInsurance - Reinsurance
Share Statistics
EPS (TTM)-0.45
Shares Outstanding7,442,922
10 Day Avg. Volume15,218
30 Day Avg. Volume28,070
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)6.70
P/FCF Ratio6.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Oxbridge Re Holdings Business Overview & Revenue Model
Company DescriptionOxbridge Re Holdings (OXBR) is a reinsurance company based in the Cayman Islands. The company primarily focuses on underwriting fully collateralized reinsurance contracts, specializing in property and casualty risks, particularly catastrophe reinsurance. Oxbridge Re Holdings operates in the reinsurance sector, providing financial protection to insurance companies against significant losses due to catastrophic events such as hurricanes and earthquakes.
How the Company Makes MoneyOxbridge Re Holdings generates revenue by collecting premiums from insurance companies in exchange for providing reinsurance coverage. The company underwrites reinsurance contracts that are fully collateralized, meaning that the obligations under each contract are secured by collateral, minimizing credit risk. The primary revenue stream for Oxbridge Re Holdings is the reinsurance premiums paid by insurance companies seeking to transfer part of their risk exposure. Additionally, the company may earn investment income from the management of its collateral assets. Key factors contributing to its earnings include the frequency and severity of catastrophic events, the company's underwriting performance, and its investment strategies.
Oxbridge Re Holdings Financial Statement Overview
Summary
Oxbridge Re Holdings is facing financial difficulties with declining revenues and persistent losses, despite maintaining a debt-free status. The weakening equity and negative cash flow highlight challenges in sustaining operations.Income Statement
The income statement reveals significant challenges for Oxbridge Re Holdings. Despite a slight revenue recovery in 2024, the company has faced substantial revenue declines over the past years, leading to negative net income and EBIT margins. The gross profit margin is positive but insufficient to offset operating and net losses, indicating persistent profitability issues.40
Negative
Balance Sheet
The balance sheet shows a solid equity base with zero debt in 2024, indicating financial prudence and low leverage. However, the company's equity position has weakened over the years, and asset base has fluctuated. The absence of debt is a positive, but the declining equity ratio suggests potential liquidity concerns.65
Positive
Cash Flow
Cash flow analysis highlights negative free cash flow and operating cash flow, raising concerns about the company's operational efficiency and cash generation ability. Although there was a positive financing cash flow, it primarily reflects external funding rather than operational improvement, indicating ongoing financial strain.35
Negative
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| -1.78M | 546.00K | -7.05M | 850.00K | 10.22M | 1.21M | Gross Profit |
| -8.16M | 546.00K | -7.05M | 850.00K | 10.22M | 1.21M | EBIT |
| -1.43M | -1.37M | -9.23M | -1.75M | 8.66M | 88.00K | EBITDA |
| -671.00K | 0.00 | -9.37M | -1.74M | 8.66M | 98.00K | Net Income Common Stockholders |
| -4.69M | -2.73M | -9.91M | -3.54M | 8.66M | 88.00K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 695.22K | 5.89M | 495.00K | 1.21M | 3.53M | 5.56M | Total Assets |
| 11.36M | 7.46M | 8.25M | 16.62M | 17.69M | 9.08M | Total Debt |
| 0.00 | 0.00 | 127.00K | 260.00K | 351.00K | 438.00K | Net Debt |
| -695.22K | -5.89M | -368.00K | -947.00K | -3.18M | -5.12M | Total Liabilities |
| 4.18M | 3.35M | 2.92M | 1.63M | 1.04M | 1.06M | Stockholders Equity |
| 7.18M | 3.95M | 5.33M | 14.99M | 16.65M | 8.03M |
| Cash Flow | Free Cash Flow | ||||
| -1.15M | -1.23M | -1.26M | -829.00K | -256.00K | -280.00K | Operating Cash Flow |
| -1.15M | -1.23M | -1.26M | -829.00K | -253.00K | -266.00K | Investing Cash Flow |
| -2.52M | 780.00K | -105.00K | -661.00K | -1.80M | 110.00K | Financing Cash Flow |
| 694.00K | 2.60M | 1.18M | 0.00 | -1.00K | -384.00K |
Oxbridge Re Holdings Technical Analysis
Negative
1.37
Price Trends
2.95
Negative
3.47
Negative
3.03
Negative
Market Momentum
-0.40
Negative
22.42
Positive
11.65
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OXBR, the sentiment is Negative. The current price of 1.37 is below the 20-day moving average (MA) of 1.73, below the 50-day MA of 2.95, and below the 200-day MA of 3.03, indicating a bearish trend. The MACD of -0.40 indicates Negative momentum. The RSI at 22.42 is Positive, neither overbought nor oversold. The STOCH value of 11.65 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OXBR.
Oxbridge Re Holdings Risk Analysis
Oxbridge Re Holdings disclosed 44 risk factors in its most recent earnings report. Oxbridge Re Holdings reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Oxbridge Re Holdings Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $11.85B | 9.13 | 8.11% | 79.54% | 12.80% | -5.24% | |
52 Neutral | $15.11M | 165.15 | -0.60% | 7.68% | 13.39% | -107.74% | |
49 Neutral | $7.36M | 0.31 | -291.99% | ― | -18.97% | ― | |
45 Neutral | $10.72M | ― | -58.75% | ― | ― | 73.32% | |
34 Underperform | $14.66M | ― | -422.39% | ― | ― | -20.33% |
* Financial Sector Average
Performance Comparison
OXBR
Oxbridge Re Holdings
1.37
0.35
34.31%
GLBZ
Glen Burnie Bancorp
5.22
0.13
2.55%
CNFR
Conifer Holdings
0.60
-0.37
-38.14%
BNAI
Brand Engagement Network
0.35
-4.29
-92.46%
Oxbridge Re Holdings Earnings Call Summary
Earnings Call Date: Mar 26, 2025 | % Change Since: -34.76% | Next Earnings Date: May 9, 2025
Earnings Call Sentiment Positive
The earnings call highlighted Oxbridge Re's successful diversification and strategic growth efforts, particularly through SurancePlus, which has resulted in a significant reduction in net loss and improved cash reserves. However, challenges remain with unrealized losses on investments and a decrease in the investment portfolio value. Overall, the company demonstrates a positive trajectory with strategic partnerships and a focus on innovative offerings.Highlights
Increase in Net Premiums
Net premiums for the year ended December 31, 2024, increased to $2.3 million from $1.25 million in the prior year, attributed to higher rates on contracts and the recognition of 12 months of premiums.
Successful Diversification with SurancePlus
Oxbridge Re established SurancePlus Inc., which focuses on RWA Web3 technology, offering tokenized reinsurance securities, thus broadening investor participation without incurring new debt and achieving returns exceeding 49%.
Significant Reduction in Net Loss
For the year ended December 31, 2024, the company incurred a net loss of $2.7 million compared to $9.9 million in the prior year, showing a significant improvement.
Expense Ratio Improvement
The expense ratio decreased from 185.2% in 2023 to 94.3% for fiscal 2024, primarily due to higher levels of premiums earned and lower general admin expenses.
Increased Cash and Cash Equivalents
Cash and cash equivalents increased to $5.9 million at December 31, 2024, from $3.8 million in the prior period, primarily due to new collateral deposits.
Strategic Partnerships and Growth Initiatives
Announced a strategic partnership with Plume to expand the distribution channel of tokenized reinsurance offerings, enhancing accessibility and visibility among institutional and retail investors.
Lowlights
Unrealized Loss on Investments
Recorded an unrealized loss of $2.1 million on investments, primarily due to the remeasurement of the investment in Jet.AI.
Decrease in Investment Portfolio
The investment portfolio decreased to $113,000 at December 31, 2024, from $680,000 the prior year, due to the sale of two equity securities and a decrease in fair value.
Equity Securities Value Decline
Recognized a $260,000 negative change in fair value of equity securities as of December 31, 2024, compared to a positive change in the prior year.
Company Guidance
During the Oxbridge Re's Fiscal 2024 Earnings Conference Call, the company provided guidance on several financial metrics and strategic initiatives. For the year ended December 31, 2024, Oxbridge Re reported net premiums of $2.3 million, an increase from $1.25 million in the prior year, driven by higher rates on contracts and a full 12 months of premiums accounted for in 2024. The company experienced a net loss of $2.7 million or $0.45 per share, which was a significant improvement from the $9.9 million or $1.69 per share loss in the previous year. The loss ratio remained at 0% for both 2023 and 2024. The expense ratio decreased from 185.2% in 2023 to 94.3% in 2024 due to higher premiums and lower administrative expenses. Oxbridge Re also discussed its strategic diversification into the Web3 space through its subsidiary, SurancePlus, which offers tokenized reinsurance securities. The company's investment portfolio decreased to $113,000, while cash and cash equivalents increased to $5.9 million. Looking ahead, Oxbridge Re plans to continue its focus on the real-world asset and Web3 sectors, aiming to democratize access to reinsurance as an alternative investment.Oxbridge Re Holdings Corporate Events
Private Placements and Financing
Oxbridge Re Holdings Launches Digital Token Offering
Neutral
Feb 27, 2025
On February 26, 2025, Oxbridge Re Holdings Limited announced that its subsidiary, SurancePlus Inc., commenced an offering of digital token-based Participation Shares under a 3-year Participation Share Investment Contract. The proceeds from this offering will be used to purchase participating notes of Oxbridge Re NS, which will be invested in collateralized reinsurance contracts. The offering is exempt from registration under the Securities Act and targets accredited investors in the U.S. and non-U.S. persons under Regulation S.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.