Revenue: As of FY2025 Q1, the actual value is USD 1.394 B.EPS: As of FY2025 Q1, the actual value is USD -1.96, beating the estimate of USD -3.53.EBIT: As of FY2025 Q1, the actual value is USD -142.3 M.<h3>Segment Revenue</h3><ul><li>Net Premiums Earned: $1,283.1 million for the three months ended March 31, 2025, compared to $1,166.7 million for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: - $108.3 million for the three months ended March 31, 2025, compared to net income of $73.5 million for the same period in 2024.</li><li>Loss Ratio: 95.1% for the three months ended March 31, 2025, compared to 77.5% for the same period in 2024.</li><li>Expense Ratio: 24.0% for the three months ended March 31, 2025, compared to 23.4% for the same period in 2024.</li><li>Combined Ratio: 119.2% for the three months ended March 31, 2025, compared to 100.9% for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: - $68.7 million for the three months ended March 31, 2025, compared to $192.6 million provided by operating activities for the same period in 2024.</li><li>Net Cash Provided by Investing Activities: $651.6 million for the three months ended March 31, 2025, compared to - $194.9 million used in investing activities for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Ceded Premiums Earned: $106.7 million for the three months ended March 31, 2025, compared to $31.1 million for the same period in 2024.</li><li>Ceded Losses and Loss Adjustment Expenses: $1,292.5 million for the three months ended March 31, 2025, compared to - $0.8 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The Company plans to adhere to market-share requirements to incorporate catastrophe modeling and reinsurance costs into its rate-making, with the process expected to be complete by late 2025.</li><li>Non-Core Business: The Company is actively pursuing subrogation against Southern California Edison for the Eaton fire, with an estimated subrogation recovery of $525 million.</li></ul>

Mercury General | 10-Q: FY2025 Q1 Revenue: USD 1.394 B