SLDE - Slide Insurance Holdings, Inc. Common Stock
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$25.00
DETAILS
HIGH:
$28.00
LOW:
$22.00
MEDIAN:
$25.00
CONSENSUS:
$25.00
DOWNSIDE:
12.27%
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Revenue | 1,155.9 | 846.8 | 468.5 | 242.4 |
| Cost of Revenue | 235.5 | 425.3 | 251.8 | 167.0 |
| Gross Profit | 920.4 | 421.6 | 216.7 | 75.5 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 134.4 | 136.3 | 87.9 | 39.0 |
| Other Expenses | 196.8 | 15.3 | 11.2 | 6.4 |
| Operating Expenses | 331.2 | 151.6 | 99.1 | 45.4 |
| Operating Income | ||||
| Operating Income | 589.2 | 270.0 | 117.6 | 30.0 |
| Interest Expense | 2.7 | 3.8 | 2.4 | 0.5 |
| Interest Income | 0 | 0 | 0 | 0 |
| Profitability | ||||
| EBITDA | 605.3 | 284.0 | 128.8 | 36.4 |
| EBIT | 592.9 | 273.7 | 120.0 | 30.5 |
| Income Before Tax | 589.2 | 270.0 | 117.6 | 30.0 |
| Income Tax Expense | 145.3 | 68.8 | 30.3 | 7.7 |
| Net Income | 444.0 | 201.1 | 87.4 | 22.3 |
| Per Share Data | ||||
| EPS (Basic) | 4.75 | 1.61 | 0.70 | 1.06 |
| EPS (Diluted) | 3.36 | 1.61 | 0.70 | 1.06 |
| Shares Outstanding | 123.8 | 124.9 | 124.9 | 21.1 |
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Current Assets | ||||
| Cash & Cash Equivalents | 1,201.2 | 493.4 | 334.5 | 176.6 |
| Short-Term Investments | 48.4 | 56.7 | 26.0 | 0 |
| Net Receivables | 294.5 | 404.5 | 188.5 | 341.9 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 481.8 | 296.4 | 107.8 | 52.5 |
| Total Current Assets | 2,237.5 | 1,403.5 | 741.0 | 605.9 |
| Non-Current Assets | ||||
| Property, Plant & Equipment | 20.1 | 22.0 | 12.5 | 12.9 |
| Goodwill | 2.6 | 2.6 | 2.6 | 2.6 |
| Intangible Assets | 93.8 | 72.7 | 58.6 | 49.7 |
| Long-Term Investments | 545.4 | 412.8 | 249.4 | 28.5 |
| Other Non-Current Assets | 0.8 | 0.9 | 1.2 | 2.7 |
| Total Non-Current Assets | 681.0 | 528.4 | 335.7 | 99.0 |
| Total Assets | 2,918.5 | 1,931.9 | 1,076.7 | 705.0 |
| Current Liabilities | ||||
| Account Payables | 189.1 | 92.6 | 42.5 | 12.3 |
| Short-Term Debt | 0 | 0 | 0 | 0 |
| Deferred Revenue | 1,031.1 | 708.4 | 470.7 | 191.0 |
| Other Current Liabilities | 439.9 | 595.7 | 250.0 | 323.4 |
| Total Current Liabilities | 1,758.8 | 1,441.8 | 790.5 | 537.2 |
| Non-Current Liabilities | ||||
| Long-Term Debt | 33.7 | 39.2 | 35.1 | 24.1 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.0 | 8.7 | 6.2 | 0.2 |
| Total Non-Current Liabilities | 46.5 | 57 | 48.6 | 32.5 |
| Total Liabilities | 1,805.2 | 1,498.8 | 839.1 | 569.6 |
| Stockholders' Equity | ||||
| Common Stock | 1.2 | 0.6 | 0.1 | 0.1 |
| Retained Earnings | 753.1 | 309.2 | 108.1 | 20.7 |
| Accumulated Other Comprehensive Income | 7.2 | 0.3 | 2.6 | (0.5) |
| Total Stockholders' Equity | 1,113.2 | 433.2 | 237.6 | 135.3 |
| Total Liabilities & Equity | 2,918.5 | 1,931.9 | 1,076.7 | 705.0 |
| Debt Metrics | ||||
| Total Debt | 43.3 | 48.3 | 42.3 | 32.1 |
| Net Debt | (1,157.9) | (445.2) | (292.2) | (144.5) |
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 444.0 | 201.1 | 87.4 | 22.3 |
| Depreciation & Amortization | 12.4 | 10.3 | 8.7 | 5.9 |
| Stock-Based Compensation | 12.1 | 2.9 | 2.3 | 1.4 |
| Change in Working Capital | 399.5 | 347.8 | 347.9 | 129.8 |
| Other Non-Cash Items | (67.3) | (3.1) | 6.7 | (0.0) |
| Operating Cash Flow | 797.4 | 553.9 | 443.0 | 157.1 |
| Investing Activities | ||||
| Capital Expenditure | (2.9) | (10.1) | (8.7) | (20.2) |
| Acquisitions | 0 | 0 | 0 | (2.8) |
| Purchases of Investments | (197.7) | (234.6) | (256.2) | (29.5) |
| Sales/Maturities of Investments | 85.4 | 40.7 | 14.6 | 0.4 |
| Other Investing Activities | 0 | 0 | 0 | (14.9) |
| Investing Cash Flow | (115.2) | (204.0) | (250.3) | (52.1) |
| Financing Activities | ||||
| Net Debt Issuance | (6) | 7.4 | 11.0 | 14.1 |
| Stock Repurchased | (40) | 0 | (4) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | (8.3) | (9.3) | 0 | 0 |
| Financing Cash Flow | 210.9 | (2.4) | 20.5 | 23.1 |
| Cash Position | ||||
| Net Change in Cash | 893.1 | 347.5 | 213.2 | 128.1 |
| Cash at Beginning | 789.8 | 442.4 | 229.2 | 101.1 |
| Cash at End | 1,683.0 | 789.8 | 442.4 | 229.2 |
| Free Cash Flow | 794.6 | 543.8 | 434.3 | 136.9 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | 1,155.9 | 846.8 | 468.5 | 242.4 |
| Gross Profit | 920.4 | 421.6 | 216.7 | 75.5 |
| Operating Income | 589.2 | 270.0 | 117.6 | 30.0 |
| Net Income | 444.0 | 201.1 | 87.4 | 22.3 |
| EPS (Diluted) | 3.36 | 1.61 | 0.70 | 1.06 |
| Balance Sheet | ||||
| Cash & Equivalents | 1,201.2 | 493.4 | 334.5 | 176.6 |
| Total Assets | 2,918.5 | 1,931.9 | 1,076.7 | 705.0 |
| Total Debt | 43.3 | 48.3 | 42.3 | 32.1 |
| Stockholders' Equity | 1,113.2 | 433.2 | 237.6 | 135.3 |
| Cash Flow | ||||
| Operating Cash Flow | 797.4 | 553.9 | 443.0 | 157.1 |
| Capital Expenditure | (2.9) | (10.1) | (8.7) | (20.2) |
| Free Cash Flow | 794.6 | 543.8 | 434.3 | 136.9 |