Companies: 10,795·Total market cap: $144.5T
Atlas Financial Holdings, Inc.

Atlas Financial Holdings, Inc.

AFHIFOTCFinancial Services
$0.00
$-0.00(-75.00%)
Market Cap$1765
P/E Ratio—
52W High—
52W Low—
Free Cash FlowFinancialsRevenue

Atlas Financial Holdings, Inc. (AFHIF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AFHIF · free cash flow · updated Jun 9, 2026

Core FCF metrics

Free cash flow was −$11.7M for FY2021 (fiscal year ending 2021-12-31), up 52.8% year-over-year The FCF margin was -241.2%.

FY2021 Free Cash Flow−$11.7M▲ +52.8% YoY
Trailing 12M (TTM)−$12.0Mtrailing 4 quarters sum
FCF Margin-241.2%−$11.7M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
afhif free cash flow history · afhif free cash flow chart · afhif free cash flow growth rate · afhif free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2021Latest−$11.7M▲ +52.8%-241.2%
FY2020−$24.7M▲ +35.9%-259.0%
FY2019−$38.6M▼ 6.3%-32.0%
FY2018−$36.3M▼ 392.1%-16.4%
FY2017$12.4M▲ +224.0%5.6%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
afhif free cash flow 2021 · afhif free cash flow 2020 · afhif free cash flow 2019 · afhif operating cash flow

FCF valuation metrics

Atlas Financial Holdings, Inc. (AFHIF) reported negative free cash flow of −$0.01B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)
N/A
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
N/A
TTM FCF ÷ Shares Outstanding
Price / FCF
N/A
Share Price ÷ FCF per Share
EV / FCF (TTM)
N/A
Enterprise Value basis
!

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2021 · 2021-12-31
afhif price to free cash flow · afhif free cash flow yield · afhif free cash flow per share · afhif price to cash flow ratio

Cash flow statement summary

For FY2021, Atlas Financial Holdings, Inc. generated −$11.7M in operating cash flow and spent 0M in capital expenditures, yielding −$11.7M in free cash flow.

Operating Activities
−$11.7M
Cash from core business operations
2021-12-31
Investing Activities
+$3.4M
CapEx, acquisitions & investments
2021-12-31
Financing Activities
+$2.2M
Buybacks, dividends & debt
2021-12-31
FCF FormulaOperating CF (−$11.7M) − |CapEx| (0M) = FCF (−$11.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
afhif cash flow statement · afhif cash flow statement 2021 · afhif operating cash flow · afhif cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
Atlas Financial Holdings, Inc.
Atlas Financial Holdings, Inc.YOU
AFHIF
−$11.7M+52.8%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Atlas Financial Holdings, Inc. (AFHIF) reported free cash flow of −$11.7M for FY2021 (fiscal year ending 2021-12-31), up 52.8% year-over-year. The FCF margin was -241.2%.

Based on available data, Atlas Financial Holdings, Inc. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $95.9M in FY2009.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

AFHIF free cash flow · 8 questions

Atlas Financial Holdings, Inc. free cash flow was −$11.7M for FY2021, up 52.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$12.0M.

AFHIF free cash flowAFHIF FCFAFHIF FCF 2021AFHIF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Atlas Financial Holdings, Inc. · Atlas Financial Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026