First Acceptance Overview
- Founded
-
1970

- Status
-
Public
- Employees
-
1,428

- Stock Symbol
-
FACO

- Investments
-
7
- Share Price
-
$0.95
- (As of Wednesday Closing)
First Acceptance General Information
Description
First Acceptance Corp is engaged in the financial services sector. It is principally a retailer, servicer, and underwriter of non-standard personal automobile insurance. The company's operations generate revenue from selling non-standard personal automobile insurance products and related products in the United States. Its suite of products comprises auto insurance, renters, motorcycle, roadside assistance, and hospital insurance. the company also operates a real estate and corporate segment, which consists of the activities related to the disposition of foreclosed real estate held for sale, interest expenses associated with all debt, and other general corporate overhead expenses.
Contact Information
- 3813 Green Hills Village Drive
- Nashville, TN 37215
- United States
First Acceptance Stock Performance
(As of Wednesday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.95 | $0.85 | $0.70 - $2.00 | $36.1M | 37.9M | 3.37K | -$0.46 |
First Acceptance Financials Summary
In Thousands, USD |
TTM 31-Dec-2022 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 |
---|---|---|---|---|
EV | 52,134 | 52,134 | 63,194 | 46,974 |
Revenue | 302,296 | 302,296 | 285,247 | 269,580 |
EBITDA | (16,325) | (16,325) | 999 | 18,233 |
Net Income | (17,488) | (17,488) | (1,228) | 10,418 |
Total Assets | 355,939 | 355,939 | 322,648 | 340,954 |
Total Debt | 55,299 | 55,299 | 51,967 | 52,921 |
First Acceptance Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
First Acceptance Comparisons
Industry
Financing
Details
First Acceptance Competitors (1)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
00000 000000 00000 | Corporation | Lincoln, RI | 0000 |
First Acceptance Executive Team (12)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Kenneth Russell | Chief Executive Officer & Board Member | ||
Douglas Jensen | Chief Insurance Operations Officer | ||
Michael Bodayle | Secretary, Treasurer & Board Member |
First Acceptance Board Members (13)
Name | Representing | Role | Since |
---|---|---|---|
000000 0000000 | Self | Board Member | 000 0000 |
000000 0000 | First Acceptance | Board Member | 000 0000 |
000000 0000 | Self | Board Member | 000 0000 |
0000000 0000000 | First Acceptance | Chief Executive Officer & Board Member | 000 0000 |
000000 00000 00. | Self | Board Member | 000 0000 |
First Acceptance Signals
First Acceptance Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
First Acceptance Investments & Acquisitions (7)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
0000000000 00 | 01-Jul-2015 | 0000000000 | 000.00 | Catalog Retail | 000000 00 |
000 00000 000 | 01-Jul-2015 | 000000000 | 000.00 | Buildings and Property | 000000 00 |
000000000 000 | 12-Jan-2006 | 0000000000 | Automotive Insurance | 0000000 0 | |
0000 00000000 | 12-Jan-2006 | 0000000000 | Automotive Insurance | 0000000 0 | |
HCS Claims Service | 26-Jan-2005 | Merger/Acquisition | Insurance Brokers | 0000000 0 |