---
title: "Oxbridge Re Holdings - CW24 | 10-K: FY2025 Revenue: USD 2.577 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281081229.md"
datetime: "2026-03-30T21:55:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281081229.md)
  - [en](https://longbridge.com/en/news/281081229.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281081229.md)
generator: "portal-rs"
---

# Oxbridge Re Holdings - CW24 | 10-K: FY2025 Revenue: USD 2.577 M

Revenue: As of FY2025, the actual value is USD 2.577 M.

EPS: As of FY2025, the actual value is USD -0.28.

EBIT: As of FY2025, the actual value is USD -3.463 M.

Oxbridge Re Holdings Limited operates as a single business segment: Property and Casualty Reinsurance .

#### Segment Revenue

-   **Assumed Premiums**: Decreased to $2,275 thousand in 2025 from $2,379 thousand in 2024 .
-   **Net Premiums Earned**: Remained stable at $2,287 thousand in 2025 compared to $2,303 thousand in 2024 .
-   **SurancePlus Fee Income**: Decreased significantly to $1 thousand in 2025 from $312 thousand in 2024 .
-   **Realized Gain on Other Investments**: Increased to $35 thousand in 2025 from $0 in 2024 .
-   **Net Investment and Other Income**: Increased to $314 thousand in 2025 from $248 thousand in 2024 .
-   **Unrealized Loss on Other Investments**: Decreased to - $20 thousand in 2025 from - $2,145 thousand in 2024 .
-   **Change in Fair Value of Equity Securities**: Decreased to - $40 thousand in 2025 from - $260 thousand in 2024 .
-   **Total Revenue**: Increased to $2,577 thousand in 2025 from $546 thousand in 2024 .

#### Operational Metrics

-   **Losses and Loss Adjustment Expenses**: Increased to $2,742 thousand in 2025 from $0 in 2024, due to adverse loss development from Hurricane Milton on two reinsurance contracts .
-   **Policy Acquisition Costs and Underwriting Expenses**: Decreased slightly to $252 thousand in 2025 from $254 thousand in 2024 .
-   **General and Administrative Expenses**: Increased to $3,046 thousand in 2025 from $1,917 thousand in 2024, attributed to higher professional costs, Web3 subsidiary tokenization costs, S-3 related costs, increased human resources, and legal expenditures .
-   **Total Expenses**: Increased to $6,040 thousand in 2025 from $2,171 thousand in 2024 .
-   **Net Loss Attributable to Ordinary Shareholders**: Decreased to - $2,079 thousand in 2025 from - $2,726 thousand in 2024 .
-   **Loss (Income) Attributable to Tokenholders**: Was $1,386 thousand in 2025 compared to - $962 thousand in 2024 .
-   **Basic and Diluted Loss Per Share**: Improved to - $0.28 in 2025 from - $0.45 in 2024 .

#### Performance Ratios (to Net Premiums Earned)

-   **Loss Ratio**: Increased to 119.9% in 2025 from 0.0% in 2024, reflecting losses from Hurricane Milton .
-   **Acquisition Cost Ratio**: Remained at 11.0% in both 2025 and 2024 .
-   **Expense Ratio**: Increased to 144.2% in 2025 from 94.3% in 2024, primarily due to increased general and administrative expenses .
-   **Combined Ratio**: Increased to 264.1% in 2025 from 94.3% in 2024 .

#### Cash Flow

-   **Net Cash Used in Operating Activities**: - $1,348 thousand in 2025 compared to - $284 thousand in 2024 .
-   **Net Cash Provided by Investing Activities**: $120 thousand in 2025 compared to $780 thousand in 2024 .
-   **Net Cash Provided by Financing Activities**: $2,311 thousand in 2025 compared to $1,652 thousand in 2024 .
-   **Restricted Cash and Cash Equivalents**: Increased to $6,708 thousand as of December 31, 2025, from $3,758 thousand as of December 31, 2024, mainly due to new collateral deposits .

#### Unique Metrics

-   **Mezzanine Equity – Due to EpsilonCat Re / DeltaCat Re / ZetaCat Re and EtaCat Re Tokenholders**: Decreased by $1.2 million to $518 thousand as of December 31, 2025, from $1,732 thousand as of December 31, 2024, due to tokenholders’ share in Hurricane Milton losses .

#### Outlook / Guidance

Oxbridge Re Holdings Limited anticipates meeting its liquidity needs through cash, investment income, proceeds from a $1,000,000 promissory note, and funds from underwriting and tokenization activities . The promissory note is expected to be paid in June 2026, following the release of approximately $5 million in collateral cash . SurancePlus has launched offerings for T20-2027 and T42-2027 digital tokens, with additional issuances planned for 2027 and 2028 .

### Related Stocks

- [OXBRW.US](https://longbridge.com/en/quote/OXBRW.US.md)

## Related News & Research

- [Is SpaceX Stock Worth Buying While It's Below $140?](https://longbridge.com/en/news/304084857.md)
- [Google Says Demand Will Swallow Every Data Center It Builds](https://longbridge.com/en/news/303998103.md)
- [Microsoft Just Revealed a $677 Billion Reason to Buy Its Stock](https://longbridge.com/en/news/303993065.md)
- [Grok Bot Users Hit Unexpected Usage Limits as Musk Cites Rising Costs](https://longbridge.com/en/news/303989157.md)
- [Fiserv Q3 adjusted EPS beats, revenue slightly tops estimates](https://longbridge.com/en/news/304110441.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**