OXBR earnings analysis
What we found in OXBR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Revenue increased to $940,000, up approximately 51% sequentially and 42% year over year, while EPS improved to $0.02 from a $0.25 loss in the prior-year quarter. However, revenue missed the $1.108 million estimate by approximately 15% and EPS missed the $0.04 estimate by 50%. The filing provides no quantitative guidance, while subsequent ATM sales generated $58,000 of net proceeds and introduce potential dilution.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue rebounded strongly
- Revenue was $940,000, up from $623,000 in 2026 Q1 and $664,000 in 2025 Q2, representing sequential and year-over-year growth of approximately 51% and 42%, respectively.
- EPS improved but missed estimates
- Reported EPS was $0.02 versus a loss of $0.25 in 2025 Q2 and $0.04 consensus, indicating a substantial year-over-year improvement but a 50% miss to estimates.
- ATM added liquidity
- The company sold 37,203 ordinary shares subsequent to June 30, 2026, generating $60,000 of gross proceeds and $58,000 of net proceeds after $2,000 of commissions.
- Controls remained effective
- Disclosure controls and procedures were assessed as effective as of June 30, 2026, and the company reported no changes in internal control that materially affected, or were reasonably likely to materially affect, reporting.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- ATM equity dilution
- The ATM program may dilute existing shareholders: 37,203 shares were sold at an average price of $1.61 per share, with a 3.0% sales-agent commission. The company can continue offering shares from time to time under the agreement.
- Dependence on equity financing
- The $58,000 of net ATM proceeds are being used for general corporate purposes, indicating reliance on equity financing for liquidity rather than a specified growth investment.
- No risk-factor refresh
- The filing states there were no material changes to risk factors during the six months ended June 30, 2026, so previously disclosed risks remain applicable without an updated assessment.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.02
What they said about what is next.
No quantitative revenue or EPS guidance is provided in the extracted 10-Q. Management's outlook is not included; numeric outlook may be deferred to the earnings release or call.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 11, 2026
- In Q4 2025, Oxbridge Re Holdings Limited reported a revenue of $576,000, reflecting a decline from the previous quarter and showing a YOY decrease from $645,000 in Q4 2024. Despite this, the company returned…
- 10-K · March 30, 2026
- Oxbridge Re (OXBR) shows rapid top-line expansion in 2025 driven by tokenized reinsurance and sidecar activity, with total 2025 revenue of $2,574,000 (Q1–Q4: $689k, $664k, $645k, $576k) versus $635,000 in 2024 (Q1–Q4:…
- 10-Q · November 6, 2025
- Oxbridge Re reported Q3 2025 revenue of $645,000 (up $440,000 or +214.6% YoY from $205,000) while GAAP diluted EPS was a loss of $0.02, improving from -$0.25 in Q2 2025. Gross margin strengthened to 90.5% (vs 67.8% in…
- 10-K · March 26, 2025
- Oxbridge Re describes a focused strategy of underwriting fully collateralized property catastrophe reinsurance concentrated on the U.S. Gulf Coast (emphasis on Florida) while building a Web3/tokenization business…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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