Maiden Holdings, Ltd. MHNC

Q1 FY2025 · ended Mar 31, 2025 · Revenue $14.05M, -51.4% YoY · Filed May 12, 2025

Maiden Holdings, Ltd. (MHLA) files with the SEC under industry code 6331, Fire, Marine & Casualty Insurance. In Q1 of fiscal 2025, the quarter ended Mar 31, 2025, it reported revenue of $14.0 million and a net loss of $8.6 million. As of Mar 31, 2025 it held $231.2 million in cash and investments and $256.7 million in total debt.

Revenue
$14.05M
-51.4% vs year-ago quarter
Net income
$-8.64M
-692.5% vs year-ago quarter
Operating cash flow
$-21.13M
-362.5% vs year-ago quarter
Free cash flow
—
EPS
$-0.09
-1000.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
99.68M
-0.5% vs year-ago quarter
Net cash
$-25.51M
Q1 FY2025
Operating margin
—

Company profile

Industry
Fire, Marine & Casualty Insurance (SIC 6331)
Listed as
MHLA (NYSE), MHNC (NYSE)
Fiscal year ends
December 31
Incorporated in
Bermuda
Headquarters
Hamilton, Bermuda
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
1412100

Other Fire, Marine & Casualty Insurance companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Q3 FY2024
Sep 30, 2024
Q2 FY2024
Jun 30, 2024
Q1 FY2024
Mar 31, 2024
Revenue
$14.0M
-$7.4M
$14.5M
$20.5M
$28.9M
Net income
-$8.6M
-$158.0M
-$34.5M
-$10.0M
$1.5M
Diluted EPS
-$0.09
-$1.59
-$0.35
-$0.10
$0.01
Operating cash flow
-$21.1M
-$48.3M
-$3.8M
-$23.4M
$8.0M
Total assets
$1.2B
$1.3B
$1.4B
$1.4B
$1.5B
Total liabilities
$1.2B
$1.3B
$1.2B
$1.2B
$1.2B
Stockholders' equity
$37.6M
$45.2M
$208.2M
$238.0M
$249.4M
Cash and investments
$231.2M
$25.7M
$335.7M
$244.3M
$280.2M
Total debt
$256.7M
$256.7M
$256.7M
$256.6M
$254.8M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Acquisition or sale of assets, Listing notice, Change to shareholder rights, Change in control, Officer or director change, Other events
May 27, 2025 May 27, 2025
10-Q Quarterly report May 12, 2025 Mar 31, 2025
8-K Current report
Results of operations, Regulation FD disclosure, Other events
May 12, 2025 May 12, 2025
8-K Current report
Change to shareholder rights, Shareholder vote results, Other events
May 1, 2025 May 1, 2025
8-K Current report
Other events
Apr 21, 2025 Apr 21, 2025
8-K Current report
Listing notice
Apr 4, 2025 Apr 4, 2025

Source: SEC EDGAR filings. This is company-reported data, not investment advice.