SiriusPoint (SPNT) FY2021 results: revenue $2.2 billion, up 145.1% on the year
SiriusPoint Ltd. (SPNT) reported revenue of $2.2 billion for fiscal 2021, the year ended 31 December 2021, up 145.1% on the year before. Net income was $58 million, down 59.5%, and diluted earnings per share $0.27. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$2.2 billion
+145.1% on the year
FY2014FY2021
Operating margin
2.1%
17.1% a year earlier
FY2014FY2021
Net income
$58 million
-59.5% on the year
FY2014FY2021
Diluted EPS
$0.27
-82.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1.6
73.4
141
-97.8%
Cash from investing
209
6.0
787
+3,376.7%
Cash from financing
24.3
-19.4
12.6
Share-based compensation
11.4
6.6
7.0
+72.7%
Buybacks
0.0
0.0
0.0
Dividends paid
0.0
0.0
n/a
Diluted shares, weighted
150m
93m
93m
+61.5%
Shares outstanding at period end
162m
96m
94m
+69.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,504
1,564
1,414
+60.1%
Non-controlling interest
-0.4
1.4
0.0
Debt
817
114
n/a
+614.5%
Other liabilities
7,298
1,856
1,832
+293.3%
Total liabilities and equity
10,618
3,535
3,246
+200.4%
Intangible assets
172
0.0
n/a
Securities held for sale or to maturity
0.0
n/a
n/a
Cash and equivalents
1,000
526
639
+90.1%
Other assets
9,447
3,009
2,606
+213.9%
Total assets
10,618
3,535
3,246
+200.4%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.