Private company
Atlas Financial Holdings, Inc.
Atlas Financial Holdings, Inc. is a fire company based in Schaumburg, Cayman Islands.2
Last updated Oct 21, 2026.
Overview
- IndustryFire, Marine & Casualty Insurance2
- HeadquartersGeorge Town, Cayman Islands2
- Incorporated inCayman Islands3
- Business address953 American Lane, 3Rd Floor, Schaumburg, Il 601733
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300Z9YLIPI6RZNO232
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressPO Box 2681, KY1-1111 George Town, Cayman Islands2
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Other costs54¢$2.6M
- Interest46¢$2.2M
Out of $4.8M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $156.9M5 | $177.6M6 | $222.0M6 | $191.4M7 | $120.6M8 | $9.5M4 | $4.8M4 |
| Operating expenses | $10.7M4 | ||||||
| Interest | $694.0K5 | $1.0M6 | $1.8M6 | $1.9M7 | $1.5M8 | $1.9M4 | $2.2M4 |
| Income before tax | -$5.8M4 | ||||||
| Income tax | $7.6M5 | -$2.1M6 | -$5.3M6 | $14.5M7 | $223.0K8 | -$484.0K4 | $04 |
| Net income | $14.4M5 | $2.6M6 | -$38.8M6 | -$80.0M7 | -$20.4M8 | -$12.7M4 | -$5.7M4 |
| Earnings per share | $1.185 | $0.206 | -$3.226 | -$6.677 | -$1.718 | -$1.064 | -$0.444 |
| Earnings per share (diluted) | $1.135 | $0.196 | -$3.226 | -$6.677 | -$1.718 | -$1.064 | -$0.444 |
| Shares (weighted, basic) | 13.0M shares4 | ||||||
| Shares (weighted, diluted) | 13.0M shares4 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $22.4M6 | $29.9M6 | $45.6M6 | $29.5M7 | $9.0M8 | $5.2M4 | $2.3M4 |
| Property, plant and equipment | $2.5M4 | ||||||
| Intangible assets | $983.0K4 | ||||||
| Total assets | $411.3M11 | $423.6M5 | $482.5M6 | $470.3M7 | $150.9M8 | $119.7M4 | $48.2M4 |
| Total liabilities | $281.7M11 | $296.2M5 | $391.9M6 | $464.6M7 | $159.3M8 | $140.6M4 | $73.7M4 |
| Retained earnings | -$105.6M4 | ||||||
| Shareholders’ equity | $122.7M6 | $127.3M6 | $90.6M6 | $5.7M8 | -$8.5M4 | -$20.9M4 | -$25.5M4 |
| Shares outstanding | 12.0M shares11 | 12.0M shares5 | 12.2M shares6 | 11.9M shares7 | 11.9M shares8 | 12.0M shares4 | 14.8M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $8.8M5 | $170.0K6 | $26.5M6 | -$26.4M7 | -$48.8M8 | -$24.5M4 | -$11.7M4 |
| Depreciation and amortization | $1.8M4 | ||||||
| Stock-based compensation | $238.0K4 | ||||||
| Capital spending | $713.0K5 | $10.2M6 | $14.1M6 | $8.3M7 | $2.5M8 | $200.0K4 | $4.0K4 |
| Free cash flow | $8.1M | -$10.0M | $12.4M | -$34.8M | -$51.3M | -$24.7M | -$11.7M |
| Cash from investing | $3.4M4 | ||||||
| Dividends paid | $012 | ||||||
| Share buybacks | $06 | $06 | $3.0M7 | $07 | |||
| Cash from financing | $2.2M4 |
Corporate structure
Atlas Financial Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Atlas Financial Holdings, Inc.
- Brendan Collins Snow Filed SC 13G on Atlas Financial Holdings, Inc., latest Aug 2, 2023
- American Financial Group Filed SC 13G on Atlas Financial Holdings, Inc., latest Jan 31, 2023 (2 filings since Jan 20, 2022)
- Palm Management (US) LLC Filed SC 13D/A on Atlas Financial Holdings, Inc., latest Jan 24, 2022 (2 filings since Dec 13, 2021)
- Baleen Capital Management LLC Filed SC 13G/A on Atlas Financial Holdings, Inc., latest Jan 6, 2022
- Atlas Financial Holdings, Inc. George Town, Cayman Islands
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Atlas Financial Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $15.8M4 Dec 31, 2021 | $34.2M4 Dec 31, 2020 | −54.0% |
| Accumulated depreciation | $13.3M4 Dec 31, 2021 | $15.4M4 Dec 31, 2020 | −14.1% |
| Property and equipment, net | $2.5M4 Dec 31, 2021 | $18.8M4 Dec 31, 2020 | −86.7% |
| Operating-lease assets (leased space) | $237.0K4 Dec 31, 2021 | $888.0K4 Dec 31, 2020 | −73.3% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $983.0K4 Dec 31, 2021 | $2.2M4 Dec 31, 2020 | −56.0% |
| Finite-lived intangibles, gross | $4.5M4 Dec 31, 2021 | $4.5M4 Dec 31, 2020 | 0% |
| Accumulated amortization | $2.6M4 Dec 31, 2021 | $2.3M4 Dec 31, 2020 | +14.2% |
| Finite-lived intangibles, net | $983.0K4 Dec 31, 2021 | $2.2M4 Dec 31, 2020 | −56.0% |
Leadership
Who has led Atlas Financial Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerScott D. Wollney Mar 26, 2012 to Feb 15, 202413
- ChairGordon G. Pratt Mar 26, 2012 to Mar 26, 201214
- PresidentScott D. Wollney Mar 26, 2012 to Feb 15, 202413
- Chief financial officerPaul Anthony Romano Jr. Mar 26, 2012 to Jan 25, 202315
- Chief operating officerJoseph Raymond Shugrue Jan 25, 2023 to Jan 25, 202316
Board members and other officers (11)
- Vice PresidentPaul Anthony Romano Jr. Dec 1, 2017 to Feb 14, 201917
- Subsidiary Director/OfficerBruce Wayne Giles Apr 14, 2015 to Apr 14, 201518
- Subsidiary Director/OfficerLeslie Dimaggio Apr 14, 2015 to Apr 14, 201519
- Board memberSteven D. Scheiwe Sep 1, 2022 to Jan 25, 202320
- Board memberMark E. Holliday Sep 8, 2022 to Jan 25, 202321
- Board memberRonald Konezny Jul 18, 2018 to Apr 27, 202122
- Board memberPaul Anthony Romano Jr. Mar 10, 2014 to Mar 10, 201423
- Board memberGordon G. Pratt Jun 5, 2013 to Jan 8, 201924
- Board memberJordan Kupinsky Mar 26, 2012 to Apr 27, 202125
- Board memberLarry G. Swets Jr. Mar 26, 2012 to Mar 3, 201426
- Board memberScott D. Wollney Mar 26, 2012 to Feb 15, 202413
Timeline
- Aug 30, 20248-K Change of auditor27
- Aug 20, 20248-K Change of auditor28
- Jan 31, 20248-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation29
- Feb 13, 20238-K Entered a material agreement30
- Jan 17, 20238-K Executive or director change31
- Jan 5, 20238-K Entered a material agreement32
- Nov 14, 20228-K Results of operations33
- Nov 3, 20228-K Entered a material agreement34
- Sep 30, 20228-K Other events35
- Sep 9, 20228-K Entered a material agreement36
- Aug 30, 20228-K Executive or director change; Regulation FD disclosure; Other events37
- Aug 12, 20228-K Results of operations38
- Mar 26, 2012New chief executive Scott D. Wollney becomes CEO13
Calendar
When it reported results
- Nov 14, 2022Reported quarterly or annual results33
- Aug 12, 2022Reported quarterly or annual results38
- May 23, 2022Reported quarterly or annual results39
- Apr 4, 2022Reported quarterly or annual results40
- Nov 8, 2021Reported quarterly or annual results41
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
65 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 25 major events, 22 insider forms, 6 large holders, 1 private raises, 6 other. The latest 20:
- Oct 1, 2024REVOKED EDGAR
- Aug 30, 20248-K/A EDGAR
- Aug 20, 20248-K EDGAR
- Feb 21, 20244 PRIMARY DOCUMENT EDGAR
- Feb 15, 20245 PRIMARY DOCUMENT EDGAR
- Jan 31, 20248-K EDGAR
- Aug 2, 2023SC 13G EDGAR
- Mar 28, 2023NT 10-K EDGAR
- Feb 13, 20238-K EDGAR
- Jan 31, 2023SC 13G EDGAR
- Jan 25, 20234 PRIMARY DOCUMENT EDGAR
- Jan 25, 20234 PRIMARY DOCUMENT EDGAR
- Jan 25, 20234 PRIMARY DOCUMENT EDGAR
- Jan 25, 20234 PRIMARY DOCUMENT EDGAR
- Jan 25, 20234 PRIMARY DOCUMENT EDGAR
- Jan 25, 20234 PRIMARY DOCUMENT EDGAR
- Jan 25, 20235 PRIMARY DOCUMENT EDGAR
- Jan 17, 20238-K EDGAR
- Jan 5, 20238-K EDGAR
- Nov 14, 20228-K EDGAR
The 65 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Brendan Collins SnowSC 13G, 1 filing Aug 2, 202342
- American Financial GroupSC 13G, 2 filings Jan 20, 2022 to Jan 31, 202343
- Palm Management (US) LLCSC 13D/A, 2 filings Dec 13, 2021 to Jan 24, 202244
- Baleen Capital Management LLCSC 13G/A, 1 filing Jan 6, 202245
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
SEC filer profile
How Atlas Financial Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAtlas Financial Holdings, Inc.1
- CIK0001539894
- Employer ID (EIN)27-54660791
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inCayman Islands1
- Fiscal year endsDecember 311
- Industry code (SIC)6331 Fire, Marine & Casualty Insurance1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address953 American Lane, 3Rd Floor, Schaumburg, IL 601731
- Phone847-472-67001
- Shares outstanding17,652,839 as of Nov 8, 202210
- Public float$4.9M as of Jun 30, 20214
- On EDGAR sinceMar 26, 20121
- Filings594 in all: 4 (162), 8-K (134), 5 (47), 10-Q (33), SC 13G/A (27), SC 13G (18), 4/A (17), 3 (16)1
All 48 form types
CORRESP (14), UPLOAD (13), 10-K (11), DEF 14A (10), 10-K/A (6), NT 10-K (6), NT 10-Q (6), S-1/A (6), SC 13D/A (6), EFFECT (5), FWP (5), 10-12G/A (3), 8-K/A (3), PRE 14A (3), S-1 (3), SC 13D (3), 10-Q/A (2), 25-NSE (2), 3/A (2), 424B2 (2), 424B3 (2), 424B5 (2), ARS (2), CERTNAS (2), DEFA14A (2), S-3 (2), S-3/A (2), S-8 (2), SC TO-I/A (2), 10-12G (1), 305B2 (1), 424B4 (1), 5/A (1), 8-A12B (1), 8-A12B/A (1), D (1), D/A (1), DEFR14A (1), REVOKED (1), SC TO-I (1)
- Latest filingsAnnual report (10-K) Mar 31, 2022
Quarterly report (10-Q) Nov 10, 2022
Proxy statement (DEF 14A) Apr 29, 2022
Latest 8-K (8-K) Aug 20, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARGordon G. Pratt, Chair
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- 20SEC EDGARSteven D. Scheiwe, Board member
- 21SEC EDGARMark E. Holliday, Board member
- 22SEC EDGARRonald Konezny, Board member
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- 24SEC EDGARGordon G. Pratt, Board member
- 25SEC EDGARJordan Kupinsky, Board member
- 26SEC EDGARLarry G. Swets Jr., Board member
- 27SEC EDGARChange of auditor
- 28SEC EDGARChange of auditor
- 29
- 30SEC EDGAREntered a material agreement
- 31SEC EDGARExecutive or director change
- 32SEC EDGAREntered a material agreement
- 33SEC EDGARResults of operations
- 34SEC EDGAREntered a material agreement
- 35SEC EDGAROther events
- 36SEC EDGAREntered a material agreement
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- 38SEC EDGARResults of operations
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