Oxbridge Re Swings to Q2 Profit on Tokenized Reinsurance Fees
OXBR sits 97% above its 52-week low of $0.66 on elevated volume (9.8× avg).
Summary
Oxbridge Re reported Q2 2026 net income of $176,000, reversing a year-ago loss, as tokenized reinsurance fees surged and cash reserves tripled.
Key Events · Earnings and Guidance · OXBR
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Q2 Profit Reversal
Net income of $176,000 ($0.02 per share) for Q2 2026, compared to a net loss of $1.87 million ($0.25 per share) in Q2 2025.
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Tokenized Reinsurance Fees Surge
SurancePlus management fee income reached $501,000 in Q2 2026, up from $1,000 a year earlier, driven by the HCI 2026 tokenized interests offering.
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HCI 2026 Offering Completed
SurancePlus completed a private placement of 300,000 tokenized interests (Series A, B, C) on June 30, 2026, raising $6.3 million in gross proceeds.
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Cash Position Strengthens
Cash and restricted cash increased to $19.82 million as of June 30, 2026, from $6.98 million at December 31, 2025.
Analysis · OXBR · Finance
Oxbridge Re Holdings turned profitable in Q2 2026, reporting net income of $176,000 versus a $1.87 million loss a year earlier. The swing was driven by $501,000 in SurancePlus management fee income from the HCI 2026 tokenized reinsurance offering, which raised $6.3 million in gross proceeds. The company also strengthened its cash position to $19.8 million, up from $7.0 million at year-end, providing runway for its new AI data center subsidiary, AI GridWorks.
At the time of this filing, OXBR was trading at $1.30 on NASDAQ in the Finance sector, with a market capitalization of approximately $10.5M. The 52-week trading range was $0.66 to $2.86. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.