First Acceptance
1995
FOUNDED
PUBLIC
STATUS
1K-5K
EMPLOYEES
FACO
STOCK SYMBOL
7
INVESTMENTS
$0.89
SHARE PRICE
(As of Friday Closing)
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 of 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 expense associated with all debt and other general corporate overhead expenses.
Website
Formerly Known As
Liberte Investors
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Automotive Insurance
Other Industries
Other Insurance
Stock Exchange
PINX
Primary Office
- 3813 Green Hills Village Drive
- Nashville, TN 37215
- United States
+1 (615) 000-0000
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First Acceptance Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $0.57 - $1.50 | $36.9M | $0.85 | $0.48 | 24.9K | 41.5M |
First Acceptance Financials Summary
|
In Thousands,
USD |
TTM
30-Sep-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 14,121 | (25,608) | (32,424) | (70,858) |
| Revenue | 298,360 | 323,813 | 347,518 | 389,623 |
| EBITDA | 32,129 | 29,919 | 13,978 | (37,315) |
| Net Income | 19,776 | 17,718 | (8,604) | (29,282) |
| Total Assets | 398,986 | 389,083 | 395,859 | 400,074 |
| Total Debt | 44,563 | 29,831 | 29,805 | 29,779 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
First Acceptance Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookFirst Acceptance Competitors (1)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 00000000 000000000 | Corporation | Rancho Cucamonga, CA |
First Acceptance Investments & Acquisitions (7)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000000 000000 | 01-Jul-2015 | 000000000000000000 | 000.00 | Catalog Retail | 000000 0000000 |
| 000 00000 00000000 | 01-Jul-2015 | 000000000 00000 00 | 000.00 | Other Insurance | 000000 0000 00 |
| 000000000 0000 000 | 12-Jan-2006 | 000000000000000000 | Automotive Insurance | 0000000 00000000 | |
| 0000 0000000000000 | 12-Jan-2006 | 000000000000000000 | Automotive Insurance | 0000000 00000000 | |
| HCS Claims Service | 26-Jan-2005 | Merger/Acquisition | Insurance Brokers | 0000000 00000000 |
First Acceptance Executive Team (11)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Kenneth Russell | Chief Executive Officer & Board Member | ||
| Brent Gay | Chief Financial Officer & Chief Accounting Officer |
9 Former Executives
You’re viewing 2 of 11 executives. Get the full list »First Acceptance Board Members (9)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 000000 0000000 | Self | Board Member | 000 0000 | |
| 000000 0000 | First Acceptance | Board Member | 000 0000 | |
| 000000 0000 | Self | Chairman & Board Member | 000 0000 | |
| 0000000 0000000 | First Acceptance | Chief Executive Officer & Board Member | 000 0000 | |
| 000000 0000000 | Self | Board Member | 000 0000 |
4 Former Board Members
You’re viewing 5 of 9 board members. Get the full list »