Education
About Us
Working with TipRanks
Follow Us
Oxbridge Re Holdings (OXBR)
NASDAQ:OXBR
Top Page
Oxbridge Re Holdings
(NASDAQ:OXBR)
47Neutral
Oxbridge Re Holdings (OXBR) vs. S&P 500 (SPY)
Market Cap
$16.37M
Dividend YieldN/A
Average Volume (3M)38.41K
Price to Earnings (P/E)―
Beta (1Y)1.04
Revenue Growth56.59%
EPS Growth25.59%
CountryUS
Employees4
SectorFinancial
Sector Strength84
IndustryInsurance - Reinsurance
Share Statistics
EPS (TTM)-0.83
Shares Outstanding7,442,922
10 Day Avg. Volume35,298
30 Day Avg. Volume38,410
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 specialty insurance and reinsurance company that operates primarily in the property and casualty sectors. The company provides reinsurance solutions through its subsidiaries, focusing on underwriting property catastrophe reinsurance policies. Oxbridge Re Holdings is based in the Cayman Islands and serves clients in various markets, offering risk management solutions tailored to meet the needs of its clients.
How the Company Makes MoneyOxbridge Re Holdings makes money by underwriting reinsurance policies, primarily for property catastrophes. The company earns premiums from these policies, which serve as its primary revenue stream. These premiums are paid by insurance companies seeking to transfer risks associated with large-scale catastrophic events, such as hurricanes or earthquakes, to Oxbridge Re. The company then invests the premiums it receives, aiming to generate additional income through investment returns. The company's profitability is influenced by its ability to accurately assess risks and manage claims expenses. Additionally, Oxbridge Re may engage in strategic partnerships with other reinsurance companies to share risks and access broader markets, further supporting its financial performance.
Oxbridge Re Holdings Financial Statement Overview
Summary
Oxbridge Re Holdings faces significant financial challenges with declining revenues, profitability, and cash flows. The company's financial position is weakened by negative margins and eroding equity, indicating a need for strategic adjustments to improve financial health and sustainability.Income Statement
Oxbridge Re Holdings has experienced declining revenue and profitability, with a negative revenue growth rate over recent periods. The gross profit margin and net profit margin are significantly negative, indicating substantial losses relative to revenue. Negative EBIT and EBITDA margins further reflect ongoing operational challenges.15
Very Negative
Balance Sheet
The balance sheet shows a moderate debt-to-equity ratio, suggesting some level of financial leverage. However, the declining stockholders' equity and total assets over time highlight a potential erosion of financial stability. Return on Equity (ROE) is negative, indicating unprofitable use of equity capital.30
Negative
Cash Flow
Cash flow analysis shows negative free cash flow growth, with operating cash flow consistently negative, indicating challenges in generating cash from operations. The cash flow to net income ratios are distorted due to negative net income, making it difficult to assess cash flow sufficiency.25
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| -1.78M | -7.05M | 850.00K | 10.22M | 1.21M | 981.00K | Gross Profit |
| -8.16M | -7.05M | 850.00K | 10.22M | 1.21M | 981.00K | EBIT |
| -1.43M | -9.23M | -1.75M | 8.66M | 88.00K | -256.00K | EBITDA |
| -671.00K | -9.37M | -1.74M | 8.66M | 98.00K | -140.00K | Net Income Common Stockholders |
| -4.69M | -9.91M | -3.54M | 8.66M | 88.00K | -150.00K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 9.07M | 495.00K | 1.21M | 3.53M | 5.56M | 5.96M | Total Assets |
| 12.56M | 8.25M | 16.62M | 17.69M | 9.08M | 9.49M | Total Debt |
| 0.00 | 127.00K | 260.00K | 351.00K | 438.00K | 733.00K | Net Debt |
| -8.07M | -368.00K | -947.00K | -3.18M | -5.12M | -5.23M | Total Liabilities |
| 4.25M | 2.92M | 1.63M | 1.04M | 1.06M | 1.45M | Stockholders Equity |
| 8.31M | 5.33M | 14.99M | 16.65M | 8.03M | 8.04M |
| Cash Flow | Free Cash Flow | ||||
| -1.15M | -1.26M | -829.00K | -256.00K | -280.00K | -4.37M | Operating Cash Flow |
| -1.15M | -1.26M | -829.00K | -253.00K | -266.00K | -4.37M | Investing Cash Flow |
| -2.52M | -105.00K | -661.00K | -1.80M | 110.00K | 488.00K | Financing Cash Flow |
| 694.00K | 1.18M | 0.00 | -1.00K | -384.00K | 600.00K |
Oxbridge Re Holdings Technical Analysis
Negative
2.10
Price Trends
3.89
Negative
3.66
Negative
3.10
Negative
Market Momentum
-0.53
Positive
24.67
Positive
7.56
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 2.1 is below the 20-day moving average (MA) of 2.87, below the 50-day MA of 3.89, and below the 200-day MA of 3.10, indicating a bearish trend. The MACD of -0.53 indicates Positive momentum. The RSI at 24.67 is Positive, neither overbought nor oversold. The STOCH value of 7.56 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 (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $36.04B | 8.57 | 22.02% | ― | 26.24% | -3.87% | |
75 Outperform | $7.19B | 20.86 | 23.56% | 0.75% | 18.31% | 13.13% | |
73 Outperform | $23.81B | 9.39 | 16.52% | ― | 5.17% | 35.36% | |
73 Outperform | $11.97B | 6.79 | 18.40% | 0.65% | 28.22% | -31.48% | |
64 Neutral | $14.59B | 10.31 | 8.70% | 4.21% | 16.52% | -11.97% | |
47 Neutral | $16.37M | ― | -85.15% | ― | 56.59% | 25.59% |
* Financial Sector Average
Performance Comparison
OXBR
Oxbridge Re Holdings
2.10
1.06
101.92%
ACGL
Arch Capital Group
95.93
8.94
10.28%
MKL
Markel
1,869.10
341.75
22.38%
RNR
Renaissancere Holdings
244.27
9.73
4.15%
RLI
RLI
78.31
6.26
8.69%
Oxbridge Re Holdings Earnings Call Summary
Earnings Call Date: Mar 26, 2025 | % Change Since: 0.00% | Next Earnings Date: May 9, 2025
Earnings Call Sentiment Neutral
The earnings call conveyed a sense of cautious optimism. The company achieved strong growth in its core reinsurance operations and successfully launched new initiatives in the blockchain space. However, these advancements were tempered by declines in net investment income and significant unrealized losses on investments. The sentiment was further balanced by the strategic partnership with Sonic and improved financial ratios, despite the net loss reported.Highlights
Increase in Net Premiums Earned
Net premiums earned for the third quarter of 2024 were $595,000, up from $549,000 in the previous year's third quarter. For the first nine months of 2024, net premiums were $1.7 million, significantly increased from $730,000 in the same period last year.
Zero Loss Ratio
The loss ratio for both 2023 and 2024 was 0%, indicating no losses or loss adjustment expenses incurred during these periods.
Expense Ratio Improvement
The expense ratio decreased from 125.3% for the third quarter of 2023 to 83.7% for the same period in 2024, mainly due to higher premium levels and lower general and administrative expenses.
Launch of SurancePlus and RWA Initiatives
SurancePlus was established to tokenize securities, representing fractionalized interests in reinsurance contracts, leveraging blockchain technology. This initiative was achieved without incurring new debt.
Successful Tokenized Security Offerings
The initial offering of Delta CatRe tokens on the Avalanche blockchain exceeded expectations, surpassing the initial 42% return projection with a 49.11% return.
Strategic Partnership with Sonic
SurancePlus announced a strategic partnership with Sonic, which has issued over $4 billion in assets on the blockchain, to enhance its RWA tokenization and Web3 capabilities.
Lowlights
Decrease in Net Investment Income
Net investment and other income decreased in the quarter and the first nine months of 2024 due to less cash being held in money market funds.
Unrealized Loss on Investments
Recorded an unrealized loss of $1.93 million on other investments due to remeasurement of investment in Jet.AI at fair value.
Significant Net Loss
The company reported a net loss of $540,000 or $0.09 per share for the third quarter of 2024, an improvement from a net loss of $10.3 million or $1.24 per share in the prior year's third quarter.
Company Guidance
During the Oxbridge Re's Q3 2024 earnings call, the company provided detailed guidance highlighting a strategic pivot towards real-world asset (RWA) tokenization while maintaining its core reinsurance operations. The company reported net premiums earned of $595,000 for the quarter, up from $549,000 in the same period last year, and $1.7 million for the first nine months of 2024, reflecting significant portfolio diversification efforts. Despite an unrealized loss of $1.93 million on other investments and a net loss of $540,000 for the quarter, the company showed improved financial metrics, with significant reductions in its expense ratio from 125.3% to 83.7% year-over-year. The introduction of SurancePlus, focusing on tokenized reinsurance securities, aims to democratize access to investment opportunities, evidenced by the successful issuance of Epsilon CatRe tokens with a targeted return of 42%. The company plans to leverage blockchain technology to further expand its RWA portfolio, enhancing its competitive edge in the rapidly growing digital asset market.Oxbridge Re Holdings Corporate Events
Private Placements and FinancingBusiness Operations and Strategy
Oxbridge Re Holdings Launches $5M Share Offering
Positive
Jan 13, 2025
Oxbridge Re Holdings Limited announced that its subsidiary, SurancePlus Holdings Ltd., is commencing an offering of up to $5,000,000 in ordinary shares, accompanied by private placement warrants. The proceeds from this offering will be used for general corporate purposes, including the growth of its Web-3 segment. The securities offered are exempt from registration under the U.S. Securities Act and will be sold only to accredited investors. This move aims to bolster the company’s operations and align with its strategic business goals.
Other
Oxbridge Re Holdings Faces Potential Hurricane Losses
Negative
Jan 7, 2025
Oxbridge Re Holdings Limited announced that potential underwriting losses may arise due to Hurricanes Helene and Milton, which impacted Florida in September and October 2024. While the company has not yet received any claims from ceding insurers, it estimates a possible maximum impact of $1.7 million on its capital by December 31, 2024, should claims be made.
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.