General Indemnity Group Releases Strong FY 2023 Financial Results Showing Growth, Adds New Management to the Team [Yahoo! Finance]
Boston Omaha Corporation Class A (BOC)
Company Research
Source: Yahoo! Finance
BOSTON, MA / ACCESSWIRE / April 23, 2024 / General Indemnity Group ("GIG"), a company that focuses on the surety insurance sector, announced strong financial results for FY 2023 that continues the trend of positive financial performance since seasoned management came on board in 2019. GIG is a subsidiary of Boston Omaha Corporation, a public holding company with diverse businesses. As reflected in Boston Omaha Corporation's annual report for FY 2023, which was recently released, GIG achieved total revenue of $17.7 million up 32% from $13.4 million in 2022. FY 2023 closed with a net income of $2.06 million and an income from operations of $1.52 million. "We are extremely pleased with our financial performance in 2023," said GIG President Dave Herman. "We've focused our efforts on investing in strategic acquisitions, improving operations, adding seasoned staff, and driving technology throughout all of our operations. Together, we've been able to engineer remarkable growth from the
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BOC
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/23/24 - Form 8-K
- 4/5/24 - Form 8-K
- BOC's page on the SEC website