SiriusPoint (SPNT) FY2022 results: revenue $2.1 billion, down 3.4% on the year
SiriusPoint Ltd. (SPNT) reported revenue of $2.1 billion for fiscal 2022, the year ended 31 December 2022, down 3.4% on the year before. Net income was -$387 million, and diluted earnings per share $-2.51. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$2.1 billion
-3.4% on the year
FY2015FY2022
Operating margin
-20.1%
2.1% a year earlier
FY2015FY2022
Net income
-$387 million
FY2015FY2022
Diluted EPS
-$2.51
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
293
1.6
73.4
+18,231.2%
Cash from investing
-1,304
209
6.0
Cash from financing
-23.7
24.3
-19.4
Share-based compensation
30.5
11.4
6.6
+167.5%
Buybacks
5.0
0.0
0.0
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
160m
150m
93m
+6.7%
Shares outstanding at period end
162m
162m
96m
+0.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,075
2,504
1,564
-17.1%
Non-controlling interest
7.9
-0.4
1.4
Debt
778
817
114
-4.7%
Other liabilities
8,176
7,298
1,856
+12.0%
Total liabilities and equity
11,036
10,618
3,535
+3.9%
Intangible assets
164
172
0.0
-4.7%
Securities held for sale or to maturity
2,636
0.0
n/a
Cash and equivalents
705
1,000
526
-29.5%
Other assets
7,532
9,447
3,009
-20.3%
Total assets
11,036
10,618
3,535
+3.9%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.