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PENN AMERICA GROUP INC

EDGAR

Quarterly report (10-Q) · filed 2004-11-05

36 filing records in this dataset, filed from 1996-05-09 to 2004-11-05. Explore the available filing history and original sources.

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Watchlist

Latest quarter

Revenue

54.7 million USD

2004-09-30 · USD

Exact inputs and evidence

Revenue: 54718000 USD Source

Net margin

3.82%

2004-09-30 · %

Exact inputs and evidence

Net Income: 2088000 USD Source
Revenue: 54718000 USD Source

Operating cash flow

26.7 million USD

2004-09-30 · USD

Exact inputs and evidence

Operating Cash Flow: 60049000 USD Source
Operating Cash Flow: 33312000 USD Source

Cash and cash equivalents: 19.3 million USD 2004-09-30 Source
Exact value

19276000 USD
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

207 million USD

2003-10-01 – 2004-09-30

Exact inputs and evidence

Revenue: 169304000 USD · 2003-01-01 – 2003-12-31 Source
Revenue: 122610000 USD · 2003-01-01 – 2003-09-30 Source
Revenue: 51498000 USD · 2004-01-01 – 2004-03-31 Source
Revenue: 54342000 USD · 2004-04-01 – 2004-06-30 Source
Revenue: 54718000 USD · 2004-07-01 – 2004-09-30 Source

Net income

16.2 million USD

2003-10-01 – 2004-09-30

Exact inputs and evidence

Net income: 16725000 USD · 2003-01-01 – 2003-12-31 Source
Net income: 12208000 USD · 2003-01-01 – 2003-09-30 Source
Net income: 4658000 USD · 2004-01-01 – 2004-03-31 Source
Net income: 4900000 USD · 2004-04-01 – 2004-06-30 Source
Net income: 2088000 USD · 2004-07-01 – 2004-09-30 Source

Operating cash flow

80 million USD

2003-10-01 – 2004-09-30

Exact inputs and evidence

Operating cash flow: 57305000 USD · 2003-01-01 – 2003-12-31 Source
Operating cash flow: 37325000 USD · 2003-01-01 – 2003-09-30 Source
Operating cash flow: 15759000 USD · 2004-01-01 – 2004-03-31 Source
Operating cash flow: 33312000 USD · 2004-01-01 – 2004-06-30 Source
Operating cash flow: 15759000 USD · 2004-01-01 – 2004-03-31 Source
Operating cash flow: 60049000 USD · 2004-01-01 – 2004-09-30 Source
Operating cash flow: 33312000 USD · 2004-01-01 – 2004-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2004-11-05.

Financial data available through: 2003-12-31.

Coverage by financial measure

Revenue: 10 of 11 periods available· newest 2003-12-31
Operating income: 5 of 11 periods available· newest 2000-12-31
Net income: 10 of 11 periods available· newest 2003-12-31
Operating cash flow: 10 of 11 periods available· newest 2003-12-31
capital expenditure: No compatible figures in this window
Total assets: 9 of 11 periods available· newest 2003-12-31
Total liabilities: 9 of 11 periods available· newest 2003-12-31
current assets: No compatible figures in this window
current liabilities: No compatible figures in this window
Cash and cash equivalents: 10 of 11 periods available· newest 2003-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+32.2%

Prior period

USD 128.09 million

2002-01-01 – 2002-12-31
Current period

USD 169.3 million

2003-01-01 – 2003-12-31

Exact inputs and evidence

169304000 − 128085000 = 41219000 USD

128085000 USD · 2002-01-01 – 2002-12-31
Inspect prior input Prior source
169304000 USD · 2003-01-01 – 2003-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · PENN AMERICA GROUP INC · 2003-12-31 PENN AMERICA GROUP INC (edgar:910110) Year-over-year change in Revenue: 41219000 USD Concept: fundies:Revenue Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 169304000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#7586 Input fundies:Revenue: 128085000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#7586
The citation records this snapshot. The page link may show a newer release later.
Net income
+59.8%

Prior period

USD 10.46 million

2002-01-01 – 2002-12-31
Current period

USD 16.73 million

2003-01-01 – 2003-12-31

Exact inputs and evidence

16725000 − 10464000 = 6261000 USD

10464000 USD · 2002-01-01 – 2002-12-31
Inspect prior input Prior source
16725000 USD · 2003-01-01 – 2003-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · PENN AMERICA GROUP INC · 2003-12-31 PENN AMERICA GROUP INC (edgar:910110) Year-over-year change in Net income: 6261000 USD Concept: fundies:NetIncome Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 16725000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9603 Input fundies:NetIncome: 10464000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9603
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+27.2%

Prior period

USD 45.06 million

2002-01-01 – 2002-12-31
Current period

USD 57.31 million

2003-01-01 – 2003-12-31

Exact inputs and evidence

57305000 − 45062000 = 12243000 USD

45062000 USD · 2002-01-01 – 2002-12-31
Inspect prior input Prior source
57305000 USD · 2003-01-01 – 2003-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · PENN AMERICA GROUP INC · 2003-12-31 PENN AMERICA GROUP INC (edgar:910110) Year-over-year change in Operating cash flow: 12243000 USD Concept: fundies:OperatingCashFlow Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 57305000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9813 Input fundies:OperatingCashFlow: 45062000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9813
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2003 2003-01-01 – 2003-12-31

Revenue USD 169.3 million 100% of revenue
Operating costs Derived Unavailable An input is unavailable.
Operating income Unavailable An input is unavailable.
Tax, interest and other Derived Unavailable An input is unavailable.
Net income USD 16.73 million 9.9% of revenue

Cash

Operating cash flow USD 57.31 million 34% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

1994 Not shown: operating income or net income is not reported.
1995 Not shown: operating income or net income is not reported.
1996 Net income was higher than operating income, so the split is not drawn.
1997 Net income was higher than operating income, so the split is not drawn.
1998 Net income was higher than operating income, so the split is not drawn.
1999 98%
2000 Operating loss: operating costs were 103% of revenue.
2001 Not shown: operating income or net income is not reported.
2002 Not shown: operating income or net income is not reported.
2003 Not shown: operating income or net income is not reported.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
1994 1994-01-01 – 1994-12-31	42907000	Unavailable	Unavailable	Unavailable	3411000	Unavailable	Source 1994-01-01 – 1994-12-31: 42907000 USD Inspect Revenue Open source 1994-01-01 – 1994-12-31: 3411000 USD Inspect Net Income Open source 1994-01-01 – 1994-12-31: 14911000 USD Inspect Operating Cash Flow Open source
1995 1995-01-01 – 1995-12-31	63574000	Unavailable	Unavailable	Unavailable	6026000	Unavailable	Source 1995-01-01 – 1995-12-31: 63574000 USD Inspect Revenue Open source 1995-01-01 – 1995-12-31: 6026000 USD Inspect Net Income Open source 1995-01-01 – 1995-12-31: 14807000 USD Inspect Operating Cash Flow Open source
1996 1996-01-01 – 1996-12-31	76692000	70297000 Derived	6395000	-598000 Derived	6993000	Unavailable	Source 1996-01-01 – 1996-12-31: 76692000 USD Inspect Revenue Open source 1996-01-01 – 1996-12-31: 6395000 USD Inspect Operating Income Open source 1996-01-01 – 1996-12-31: 6993000 USD Inspect Net Income Open source 1996-01-01 – 1996-12-31: 16821000 USD Inspect Operating Cash Flow Open source
1997 1997-01-01 – 1997-12-31	102853000	94072000 Derived	8781000	-864000 Derived	9645000	Unavailable	Source 1997-01-01 – 1997-12-31: 102853000 USD Inspect Revenue Open source 1997-01-01 – 1997-12-31: 8781000 USD Inspect Operating Income Open source 1997-01-01 – 1997-12-31: 9645000 USD Inspect Net Income Open source 1997-01-01 – 1997-12-31: 24988000 USD Inspect Operating Cash Flow Open source
1998 1998-01-01 – 1998-12-31	100274000	91405000 Derived	8869000	-12000 Derived	8881000	Unavailable	Source 1998-01-01 – 1998-12-31: 100274000 USD Inspect Revenue Open source 1998-01-01 – 1998-12-31: 8869000 USD Inspect Operating Income Open source 1998-01-01 – 1998-12-31: 8881000 USD Inspect Net Income Open source 1998-01-01 – 1998-12-31: 10644000 USD Inspect Operating Cash Flow Open source
1999 1999-01-01 – 1999-12-31	95104000	93621000 Derived	1483000	73000 Derived	1410000	Unavailable	Source 1999-01-01 – 1999-12-31: 95104000 USD Inspect Revenue Open source 1999-01-01 – 1999-12-31: 1483000 USD Inspect Operating Income Open source 1999-01-01 – 1999-12-31: 1410000 USD Inspect Net Income Open source 1999-01-01 – 1999-12-31: 8602000 USD Inspect Operating Cash Flow Open source
2000 2000-01-01 – 2000-12-31	99095000	102073000 Derived	-2978000	1853000 Derived	-4831000	Unavailable	Source 2000-01-01 – 2000-12-31: 99095000 USD Inspect Revenue Open source 2000-01-01 – 2000-12-31: -2978000 USD Inspect Operating Income Open source 2000-01-01 – 2000-12-31: -4831000 USD Inspect Net Income Open source 2000-01-01 – 2000-12-31: 14991000 USD Inspect Operating Cash Flow Open source
2001 2001-01-01 – 2001-12-31	99095000	Unavailable	Unavailable	Unavailable	4940000	Unavailable	Source 2001-01-01 – 2001-12-31: 99095000 USD Inspect Revenue Open source 2001-01-01 – 2001-12-31: 4940000 USD Inspect Net Income Open source 2001-01-01 – 2001-12-31: 8423000 USD Inspect Operating Cash Flow Open source
2002 2002-01-01 – 2002-12-31	128085000	Unavailable	Unavailable	Unavailable	10464000	Unavailable	Source 2002-01-01 – 2002-12-31: 128085000 USD Inspect Revenue Open source 2002-01-01 – 2002-12-31: 10464000 USD Inspect Net Income Open source 2002-01-01 – 2002-12-31: 45062000 USD Inspect Operating Cash Flow Open source
2003 2003-01-01 – 2003-12-31	169304000	Unavailable	Unavailable	Unavailable	16725000	Unavailable	Source 2003-01-01 – 2003-12-31: 169304000 USD Inspect Revenue Open source 2003-01-01 – 2003-12-31: 16725000 USD Inspect Net Income Open source 2003-01-01 – 2003-12-31: 57305000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 169.3M 2003

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
19941994-12-31	Revenue	42907000	Revenue: 42907000 Open source
19951995-12-31	Revenue	63574000	Revenue: 63574000 Open source
19961996-12-31	Revenue	76692000	Revenue: 76692000 Open source
19971997-12-31	Revenue	102853000	Revenue: 102853000 Open source
19981998-12-31	Revenue	100274000	Revenue: 100274000 Open source
19991999-12-31	Revenue	95104000	Revenue: 95104000 Open source
20002000-12-31	Revenue	99095000	Revenue: 99095000 Open source
20012001-12-31	Revenue	99095000	Revenue: 99095000 Open source
20022002-12-31	Revenue	128085000	Revenue: 128085000 Open source
20032003-12-31	Revenue	169304000	Revenue: 169304000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

32.2% 2003

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
19941994-12-31	Year over year	No prior comparable period	Revenue: 42907000 Open source
19951995-12-31	Year over year	48.2%	Revenue: 63574000 Open source Revenue: 42907000 Open source
19961996-12-31	Year over year	20.6%	Revenue: 76692000 Open source Revenue: 63574000 Open source
19971997-12-31	Year over year	34.1%	Revenue: 102853000 Open source Revenue: 76692000 Open source
19981998-12-31	Year over year	-2.5%	Revenue: 100274000 Open source Revenue: 102853000 Open source
19991999-12-31	Year over year	-5.2%	Revenue: 95104000 Open source Revenue: 100274000 Open source
20002000-12-31	Year over year	4.2%	Revenue: 99095000 Open source Revenue: 95104000 Open source
20012001-12-31	Year over year	0%	Revenue: 99095000 Open source Revenue: 99095000 Open source
20022002-12-31	Year over year	29.3%	Revenue: 128085000 Open source Revenue: 99095000 Open source
20032003-12-31	Year over year	32.2%	Revenue: 169304000 Open source Revenue: 128085000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -3% 2000

Net margin 9.9% 2003

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
1994-12-31	Operating margin	Not reported	Revenue: 42907000 Open source
1995-12-31	Operating margin	Not reported	Revenue: 63574000 Open source
19961996-12-31	Operating margin	8.3%	Operating Income: 6395000 Open source Revenue: 76692000 Open source
19971997-12-31	Operating margin	8.5%	Operating Income: 8781000 Open source Revenue: 102853000 Open source
19981998-12-31	Operating margin	8.8%	Operating Income: 8869000 Open source Revenue: 100274000 Open source
19991999-12-31	Operating margin	1.6%	Operating Income: 1483000 Open source Revenue: 95104000 Open source
20002000-12-31	Operating margin	-3%	Operating Income: -2978000 Open source Revenue: 99095000 Open source
2001-12-31	Operating margin	Not reported	Revenue: 99095000 Open source
2002-12-31	Operating margin	Not reported	Revenue: 128085000 Open source
2003-12-31	Operating margin	Not reported	Revenue: 169304000 Open source
19941994-12-31	Net margin	7.9%	Net Income: 3411000 Open source Revenue: 42907000 Open source
19951995-12-31	Net margin	9.5%	Net Income: 6026000 Open source Revenue: 63574000 Open source
19961996-12-31	Net margin	9.1%	Net Income: 6993000 Open source Revenue: 76692000 Open source
19971997-12-31	Net margin	9.4%	Net Income: 9645000 Open source Revenue: 102853000 Open source
19981998-12-31	Net margin	8.9%	Net Income: 8881000 Open source Revenue: 100274000 Open source
19991999-12-31	Net margin	1.5%	Net Income: 1410000 Open source Revenue: 95104000 Open source
20002000-12-31	Net margin	-4.9%	Net Income: -4831000 Open source Revenue: 99095000 Open source
20012001-12-31	Net margin	5%	Net Income: 4940000 Open source Revenue: 99095000 Open source
20022002-12-31	Net margin	8.2%	Net Income: 10464000 Open source Revenue: 128085000 Open source
20032003-12-31	Net margin	9.9%	Net Income: 16725000 Open source Revenue: 169304000 Open source
19941994-12-31	Free cash flow margin	Not reported	Revenue: 42907000 Open source Operating Cash Flow: 14911000 Open source
19951995-12-31	Free cash flow margin	Not reported	Revenue: 63574000 Open source Operating Cash Flow: 14807000 Open source
19961996-12-31	Free cash flow margin	Not reported	Revenue: 76692000 Open source Operating Cash Flow: 16821000 Open source
19971997-12-31	Free cash flow margin	Not reported	Revenue: 102853000 Open source Operating Cash Flow: 24988000 Open source
19981998-12-31	Free cash flow margin	Not reported	Revenue: 100274000 Open source Operating Cash Flow: 10644000 Open source
19991999-12-31	Free cash flow margin	Not reported	Revenue: 95104000 Open source Operating Cash Flow: 8602000 Open source
20002000-12-31	Free cash flow margin	Not reported	Revenue: 99095000 Open source Operating Cash Flow: 14991000 Open source
20012001-12-31	Free cash flow margin	Not reported	Revenue: 99095000 Open source Operating Cash Flow: 8423000 Open source
20022002-12-31	Free cash flow margin	Not reported	Revenue: 128085000 Open source Operating Cash Flow: 45062000 Open source
20032003-12-31	Free cash flow margin	Not reported	Revenue: 169304000 Open source Operating Cash Flow: 57305000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 57.3M 2003

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
19941994-12-31	Operating cash flow	14911000	Operating Cash Flow: 14911000 Open source
19951995-12-31	Operating cash flow	14807000	Operating Cash Flow: 14807000 Open source
19961996-12-31	Operating cash flow	16821000	Operating Cash Flow: 16821000 Open source
19971997-12-31	Operating cash flow	24988000	Operating Cash Flow: 24988000 Open source
19981998-12-31	Operating cash flow	10644000	Operating Cash Flow: 10644000 Open source
19991999-12-31	Operating cash flow	8602000	Operating Cash Flow: 8602000 Open source
20002000-12-31	Operating cash flow	14991000	Operating Cash Flow: 14991000 Open source
20012001-12-31	Operating cash flow	8423000	Operating Cash Flow: 8423000 Open source
20022002-12-31	Operating cash flow	45062000	Operating Cash Flow: 45062000 Open source
20032003-12-31	Operating cash flow	57305000	Operating Cash Flow: 57305000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
19941994-12-31	Free cash flow	Unavailable	Operating Cash Flow: 14911000 Open source
19951995-12-31	Free cash flow	Unavailable	Operating Cash Flow: 14807000 Open source
19961996-12-31	Free cash flow	Unavailable	Operating Cash Flow: 16821000 Open source
19971997-12-31	Free cash flow	Unavailable	Operating Cash Flow: 24988000 Open source
19981998-12-31	Free cash flow	Unavailable	Operating Cash Flow: 10644000 Open source
19991999-12-31	Free cash flow	Unavailable	Operating Cash Flow: 8602000 Open source
20002000-12-31	Free cash flow	Unavailable	Operating Cash Flow: 14991000 Open source
20012001-12-31	Free cash flow	Unavailable	Operating Cash Flow: 8423000 Open source
20022002-12-31	Free cash flow	Unavailable	Operating Cash Flow: 45062000 Open source
20032003-12-31	Free cash flow	Unavailable	Operating Cash Flow: 57305000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

70.5% 2003

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
1994-12-31	Liabilities / assets	Not reported	No source recorded
19951995-12-31	Liabilities / assets	73.7%	Total Liabilities: 101513000 Open source Total Assets: 137763000 Open source
19961996-12-31	Liabilities / assets	73.3%	Total Liabilities: 116268000 Open source Total Assets: 158605000 Open source
19971997-12-31	Liabilities / assets	56.8%	Total Liabilities: 127850000 Open source Total Assets: 225157000 Open source
19981998-12-31	Liabilities / assets	56.3%	Total Liabilities: 129874000 Open source Total Assets: 230504000 Open source
19991999-12-31	Liabilities / assets	63%	Total Liabilities: 137164000 Open source Total Assets: 217782000 Open source
20002000-12-31	Liabilities / assets	69.1%	Total Liabilities: 165435000 Open source Total Assets: 239486000 Open source
20012001-12-31	Liabilities / assets	67.6%	Total Liabilities: 167724000 Open source Total Assets: 248115000 Open source
20022002-12-31	Liabilities / assets	66.4%	Total Liabilities: 230644000 Open source Total Assets: 347239000 Open source
20032003-12-31	Liabilities / assets	70.5%	Total Liabilities: 313064000 Open source Total Assets: 443874000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
1994-12-31	Current assets / current liabilities	Not reported	No source recorded
1995-12-31	Current assets / current liabilities	Not reported	No source recorded
1996-12-31	Current assets / current liabilities	Not reported	No source recorded
1997-12-31	Current assets / current liabilities	Not reported	No source recorded
1998-12-31	Current assets / current liabilities	Not reported	No source recorded
1999-12-31	Current assets / current liabilities	Not reported	No source recorded
2000-12-31	Current assets / current liabilities	Not reported	No source recorded
2001-12-31	Current assets / current liabilities	Not reported	No source recorded
2002-12-31	Current assets / current liabilities	Not reported	No source recorded
2003-12-31	Current assets / current liabilities	Not reported	No source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
1994 1994-01-01 – 1994-12-31	USD 3.41 million Exact value Exact value: 3411000 USD 1994-01-01 – 1994-12-31: 3411000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 1994-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 3411000 USD Concept: fundies:NetIncome Period: 1994-01-01 to 1994-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=1994-12-31&surface=latest&period_type=duration&start=1994-01-01&unit=USD&dimensions= Input fundies:NetIncome: 3411000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-97-000066.txt#6159 The citation records this snapshot. The page link may show a newer release later.	USD 14.91 million Exact value Exact value: 14911000 USD 1994-01-01 – 1994-12-31: 14911000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 1994-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 14911000 USD Concept: fundies:OperatingCashFlow Period: 1994-01-01 to 1994-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=1994-12-31&surface=latest&period_type=duration&start=1994-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 14911000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-97-000066.txt#6178 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1995 1995-01-01 – 1995-12-31	USD 6.03 million Exact value Exact value: 6026000 USD 1995-01-01 – 1995-12-31: 6026000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 1995-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 6026000 USD Concept: fundies:NetIncome Period: 1995-01-01 to 1995-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=1995-12-31&surface=latest&period_type=duration&start=1995-01-01&unit=USD&dimensions= Input fundies:NetIncome: 6026000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-98-000087.txt#5595 The citation records this snapshot. The page link may show a newer release later.	USD 14.81 million Exact value Exact value: 14807000 USD 1995-01-01 – 1995-12-31: 14807000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 1995-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 14807000 USD Concept: fundies:OperatingCashFlow Period: 1995-01-01 to 1995-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=1995-12-31&surface=latest&period_type=duration&start=1995-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 14807000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-98-000087.txt#5614 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1996 1996-01-01 – 1996-12-31	USD 6.99 million Exact value Exact value: 6993000 USD 1996-01-01 – 1996-12-31: 6993000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 1996-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 6993000 USD Concept: fundies:NetIncome Period: 1996-01-01 to 1996-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=1996-12-31&surface=latest&period_type=duration&start=1996-01-01&unit=USD&dimensions= Input fundies:NetIncome: 6993000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-01-500026.txt#4053 The citation records this snapshot. The page link may show a newer release later.	USD 16.82 million Exact value Exact value: 16821000 USD 1996-01-01 – 1996-12-31: 16821000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 1996-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 16821000 USD Concept: fundies:OperatingCashFlow Period: 1996-01-01 to 1996-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=1996-12-31&surface=latest&period_type=duration&start=1996-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 16821000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-99-000073.txt#3671 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1997 1997-01-01 – 1997-12-31	USD 9.65 million Exact value Exact value: 9645000 USD 1997-01-01 – 1997-12-31: 9645000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 1997-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 9645000 USD Concept: fundies:NetIncome Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:NetIncome: 9645000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-01-500026.txt#4053 The citation records this snapshot. The page link may show a newer release later.	USD 24.99 million Exact value Exact value: 24988000 USD 1997-01-01 – 1997-12-31: 24988000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 1997-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 24988000 USD Concept: fundies:OperatingCashFlow Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 24988000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-00-000108.txt#5808 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1998 1998-01-01 – 1998-12-31	USD 8.88 million Exact value Exact value: 8881000 USD 1998-01-01 – 1998-12-31: 8881000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 1998-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 8881000 USD Concept: fundies:NetIncome Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:NetIncome: 8881000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-01-500026.txt#5005 The citation records this snapshot. The page link may show a newer release later.	USD 10.64 million Exact value Exact value: 10644000 USD 1998-01-01 – 1998-12-31: 10644000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 1998-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 10644000 USD Concept: fundies:OperatingCashFlow Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 10644000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-01-500026.txt#5023 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
1999 1999-01-01 – 1999-12-31	USD 1.41 million Exact value Exact value: 1410000 USD 1999-01-01 – 1999-12-31: 1410000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 1999-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 1410000 USD Concept: fundies:NetIncome Period: 1999-01-01 to 1999-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=1999-12-31&surface=latest&period_type=duration&start=1999-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1410000 USD (1999-01-01 to 1999-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-02-000674.txt#3021 The citation records this snapshot. The page link may show a newer release later.	USD 8.6 million Exact value Exact value: 8602000 USD 1999-01-01 – 1999-12-31: 8602000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 1999-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 8602000 USD Concept: fundies:OperatingCashFlow Period: 1999-01-01 to 1999-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=1999-12-31&surface=latest&period_type=duration&start=1999-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 8602000 USD (1999-01-01 to 1999-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-02-000674.txt#3038 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2000 2000-01-01 – 2000-12-31	−USD 4.83 million Exact value Exact value: -4831000 USD 2000-01-01 – 2000-12-31: -4831000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 2000-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: -4831000 USD Concept: fundies:NetIncome Period: 2000-01-01 to 2000-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=2000-12-31&surface=latest&period_type=duration&start=2000-01-01&unit=USD&dimensions= Input fundies:NetIncome: -4831000 USD (2000-01-01 to 2000-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-03-000292.txt#23466 The citation records this snapshot. The page link may show a newer release later.	USD 14.99 million Exact value Exact value: 14991000 USD 2000-01-01 – 2000-12-31: 14991000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 2000-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 14991000 USD Concept: fundies:OperatingCashFlow Period: 2000-01-01 to 2000-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=2000-12-31&surface=latest&period_type=duration&start=2000-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 14991000 USD (2000-01-01 to 2000-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0000950159-03-000292.txt#23487 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2001 2001-01-01 – 2001-12-31	USD 4.94 million Exact value Exact value: 4940000 USD 2001-01-01 – 2001-12-31: 4940000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 2001-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 4940000 USD Concept: fundies:NetIncome Period: 2001-01-01 to 2001-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=2001-12-31&surface=latest&period_type=duration&start=2001-01-01&unit=USD&dimensions= Input fundies:NetIncome: 4940000 USD (2001-01-01 to 2001-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9603 The citation records this snapshot. The page link may show a newer release later.	USD 8.42 million Exact value Exact value: 8423000 USD 2001-01-01 – 2001-12-31: 8423000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 2001-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 8423000 USD Concept: fundies:OperatingCashFlow Period: 2001-01-01 to 2001-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=2001-12-31&surface=latest&period_type=duration&start=2001-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 8423000 USD (2001-01-01 to 2001-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9813 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2002 2002-01-01 – 2002-12-31	USD 10.46 million Exact value Exact value: 10464000 USD 2002-01-01 – 2002-12-31: 10464000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 2002-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 10464000 USD Concept: fundies:NetIncome Period: 2002-01-01 to 2002-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=2002-12-31&surface=latest&period_type=duration&start=2002-01-01&unit=USD&dimensions= Input fundies:NetIncome: 10464000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9603 The citation records this snapshot. The page link may show a newer release later.	USD 45.06 million Exact value Exact value: 45062000 USD 2002-01-01 – 2002-12-31: 45062000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 2002-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 45062000 USD Concept: fundies:OperatingCashFlow Period: 2002-01-01 to 2002-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=2002-12-31&surface=latest&period_type=duration&start=2002-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 45062000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9813 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2003 2003-01-01 – 2003-12-31	USD 16.73 million Exact value Exact value: 16725000 USD 2003-01-01 – 2003-12-31: 16725000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN AMERICA GROUP INC · 2003-12-31 PENN AMERICA GROUP INC (edgar:910110) Net Income: 16725000 USD Concept: fundies:NetIncome Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3ANetIncome&period=2003-12-31&surface=latest&period_type=duration&start=2003-01-01&unit=USD&dimensions= Input fundies:NetIncome: 16725000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9603 The citation records this snapshot. The page link may show a newer release later.	USD 57.31 million Exact value Exact value: 57305000 USD 2003-01-01 – 2003-12-31: 57305000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN AMERICA GROUP INC · 2003-12-31 PENN AMERICA GROUP INC (edgar:910110) Operating Cash Flow: 57305000 USD Concept: fundies:OperatingCashFlow Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/910110/explain?concept=fundies%3AOperatingCashFlow&period=2003-12-31&surface=latest&period_type=duration&start=2003-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 57305000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/910110/0001193125-04-038449.txt#9813 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

36 filings · 0 latest values · 0 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000910110, 910110, edgar:910110

PENN AMERICA GROUP INC

Latest quarter

Revenue

Net margin

Operating cash flow

Trailing twelve months

Revenue

Net income

Operating cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2003 2003-01-01 – 2003-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation