Earnings per Common Share

3 Months Ended

Mar. 31, 2025

The following shows a summary of the elements used in calculating basic and diluted earnings per common share for the three months ended March 31, 2025 and 2024, respectively:



For the Three Months Ended March 31,	2025		2024
Numerator:


Net (loss) income	$	(8,645)	$	1,459


Amount allocated to participating common shareholders(1)	—		(17)


Net loss (income) allocated to common shareholders	$	(8,645)	$	1,442



Denominator:


Weighted average number of common shares – basic and diluted(1)	99,120,644		100,457,125

Basic and diluted (loss) earnings per share attributable to common shareholders	$	(0.09)	$	0.01

(1)Please refer to "Note 6. Shareholders' Equity" and "Note 14. Share Compensation and Pension Plans" in the Notes to Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 for the terms and conditions of securities that could potentially be dilutive in the future. There were no potentially dilutive securities for the three months ended March 31, 2025 (2024: 0).

Maiden Holdings, Ltd. 10-Q