Logo

OXBRW

Oxbridge Re Holdings Limited

OXBRW

Oxbridge Re Holdings Limited • NASDAQ
$0.23 ▼ -16.29% (-0.04)
Market Cap $7.02 M
52w High $0.31
52w Low $0.23
Dividend Yield 0%
P/E 0.16
Volume 300
Outstanding Shares 30.52M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $645K ▼ $754K ▼ $-185K ▲ -28.682% ▲ $-0.02 ▲ $-170K ▲
Q2-2025 $664K ▼ $1.257M ▲ $-2.819M ▼ -424.548% ▼ $-0.25 ▼ $-2.95M ▼
Q1-2025 $692K ▲ $570K ▲ $108K ▲ 15.607% ▲ $-0.02 ▲ $122K ▲
Q4-2024 $422K ▲ $431K ▼ $-214K ▲ -50.711% ▲ $-0.075 ▲ $-75K ▲
Q3-2024 $205K $432K $-293K -142.927% $-0.088 $-292K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $726K ▼ $8.854M ▼ $1.98M ▼ $6.918M ▲
Q2-2025 $3.87M ▼ $9.172M ▼ $2.685M ▼ $6.546M ▼
Q1-2025 $4.963M ▲ $10.263M ▲ $3.048M ▼ $7.039M ▲
Q4-2024 $2.135M ▲ $7.465M ▲ $3.355M ▼ $3.948M ▲
Q3-2024 $1.409M $7.323M $3.672M $3.651M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-187K ▲ $118K ▲ $0 $405K ▲ $523K ▲ $118K ▲
Q2-2025 $-1.873M ▼ $-2.171M ▼ $0 ▼ $-773K ▼ $-2.944M ▼ $-2.171M ▼
Q1-2025 $-139K ▲ $272K ▲ $63K ▼ $3.369M ▲ $3.704M ▲ $272K ▲
Q4-2024 $-460K ▲ $16K ▼ $332K ▲ $724K ▲ $1.072M ▲ $16K ▼
Q3-2024 $-540K $504K $0 $332K $836K $504K

Revenue by Products

Product Q2-2024Q2-2025
Management Fee Income
Management Fee Income
 $0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past few years, Oxbridge Re has looked more like an experimental platform than a steady, mature insurer. Revenue from core operations is extremely thin, and earnings have swung sharply between profit and loss from year to year. That kind of volatility is common for small catastrophe-focused reinsurers, but here it’s magnified by the company’s small size and its spending to build out the Web3/tokenization business. Recent periods point more toward losses than profits, suggesting the business is still in a build-out and proof-of-concept phase rather than a stable earnings engine.

Balance Sheet

Balance Sheet The balance sheet is very light, with a small asset base and modest equity, and essentially no debt. That means the company doesn’t appear financially over-levered, but it also highlights how limited its scale is compared with traditional reinsurers. Cash resources look thin, which can constrain growth, marketing, and product development, and makes the company more sensitive to any adverse events or operating setbacks. In short, financial flexibility exists in the sense of low debt, but overall capacity and shock-absorption look limited.

Cash Flow

Cash Flow Reported cash flow is essentially flat, which fits a business that is both very small and still trying to find a repeatable model. There is no clear pattern of strong cash generation from underwriting or from the tokenized products yet. That means the company likely needs to be careful with expenses and may remain dependent on external funding or favorable capital markets if it wants to scale quickly. Until the new products mature and gain volume, cash flow visibility and predictability are low.

Competitive Edge

Competitive Edge Competitively, Oxbridge Re is trying to leapfrog traditional players by focusing on a niche: fully collateralized catastrophe reinsurance that’s been tokenized and brought on-chain. As a first mover in regulated, blockchain-based reinsurance offerings, it has a differentiated story and some brand credibility from its public listing and audit standards. However, its very small size, concentration in a narrow risk area, and the early stage of the tokenization market all weaken its competitive resilience. Larger insurers, asset managers, and crypto-native platforms could move into this space with more capital, distribution, and technology, which would test how durable Oxbridge’s lead really is.

Innovation and R&D

Innovation and R&D Innovation is clearly the company’s main focus and strength. Through SurancePlus, it is pioneering tokenized reinsurance securities, using blockchain to fractionalize risk, increase transparency, and potentially create secondary-market liquidity. The product menu (different risk/return profiles) and partnerships with blockchain platforms and privacy-focused technologies show an active R&D and business development effort. Management is also exploring structural moves like a possible spin-off and separate listing of the digital asset arm. The flip side is that this is unproven territory: regulatory frameworks, investor appetite, and long-term performance of these products are still evolving, so execution risk is high.

Summary

Oxbridge Re today looks less like a conventional reinsurer and more like a small, high-experiment venture sitting at the crossroads of insurance and blockchain. Financials show minimal scale, volatile earnings, and limited balance sheet depth, all of which underline a fragile, early-stage profile. At the same time, the company is pursuing a distinctive strategy by tokenizing reinsurance risk, aiming to open a traditionally institutional asset class to a much wider investor base. The story is built on innovation and first-mover advantage rather than on stable current profitability. That combination creates a speculative, binary feel: meaningful upside if the tokenized model gains traction and can be scaled prudently, but equally meaningful risks stemming from size, capital constraints, catastrophe exposure, and uncertainty about how quickly the market will adopt these new structures.