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BRP - BRP Group, Inc.

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BRP Group, Inc.

BRP

NASDAQ

Inactive Equity

BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides commercial risk management, employee benefits solutions, and private risk management for mid-to-large size businesses and high net worth individuals, as well as its families. The Specialty segment delivers specialty insurers, professionals, individuals, and industry businesses the access to specialty markets, as well as capabilities and programs requiring underwriting and placement. This segment also operates as a managing general agent of the Future platform, which delivers proprietary, technology-enabled insurance solutions. The MainStreet segment offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in its communities. The Medicare segment provides consultation for government assistance programs and solutions, including Medicare and Medicare Advantage to seniors and Medicare-eligible individuals through a network of primarily independent contractor agents. The company was founded in 2011 and is headquartered in Tampa, Florida.

32.66 USD

0.15 (0.459%)

BRP Financial Statements

Year

2023

2022

2021

2020

CF from Operating Activities

44.64M

-2.46M

40.13M

36.82M

Net Income

-164.02M

-76.75M

-58.12M

-29.89M

Depreciation & Amortization

98.4M

86.36M

51.51M

20.17M

Deferred Income Taxes

-140.68M

0

123k

67k

Stock Based Compensation

60.01M

47.39M

19.19M

7.74M

Change in Working Capital

6.34M

-20.88M

-16.76M

18.93M

Accounts Receivable

-132.27M

-183.01M

-64.5M

-6.83M

Inventory

138.6M

0

-5.8M

0

Accounts Payable

140.68M

173.36M

55.19M

27.35M

Other Working Capital

-140.68M

-11.23M

-1.65M

-1.59M

Other Non-Cash Items

184.59M

-38.58M

44.19M

19.79M

CF from Investing Activities

-21.92M

-414.36M

-678.47M

-677.81M

Investments in Property, Plant & Equipment

-21.38M

-21.98M

-5.32M

-5.47M

Net Acquisitions

-1.69M

-389.02M

-669.94M

-670.49M

Investment Purchases

-1.69M

-1.1M

-1.91M

-1.25M

Sales/Maturities of Investments

1.69M

1.1M

1.91M

19k

Other Investing Activites

1.14M

-3.36M

-3.21M

-623k

CF from Financing Activities

-26.23M

419.55M

724.06M

711.94M

Debt Repayment

-3.38M

-50.51M

-390.84M

-326M

Common Stock Issued

42k

177k

269.38M

451.57M

Common Stock Repurchased

0

0

0

-78.27M

Dividends Paid

-385k

0

0

0

Other Financing Activites

-25.84M

419.55M

724.06M

711.94M

Free Cash Flow

23.27M

-24.44M

34.81M

31.35M

Operating Cash Flow

44.64M

-2.46M

40.13M

36.82M

Capital Expenditures

-21.38M

-21.98M

-5.32M

-5.47M

Cash at Beginning of Period

230.47M

227.74M

142.02M

71.07M

Cash at End of Period

226.96M

230.47M

227.74M

142.02M

Net Change In Cash

-3.51M

2.73M

85.72M

70.95M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

-96.76M

-54.99M

-24.35M

-8.65M

Net Income

-90.14M

-76.75M

-58.12M

-29.89M

Stock Repurchases

0

0

0

-78.27M

Dividend Paid

-385k

0

0

0

Retained Earnings

-186.91M

-96.76M

-54.99M

-24.35M

Other Distributions

-90.53M

-41.77M

-30.65M

-93.97M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

108.19M

121.87M

99.12M

11.02M

Annual Depreciation

98.4M

86.36M

51.51M

20.17M

Capital Expenditure

-21.38M

-21.98M

-5.32M

-5.47M

Net PPE

31.16M

57.49M

52.93M

-3.68M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

-9.69M

193.32M

577.24M

487.03M

Goodwill (Previous Year)

1.42B

1.23B

651.5M

164.47M

Goodwill

1.41B

1.42B

1.23B

651.5M

All figures are in USD.

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FMP

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