CLOV FY 2023 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

FY 2023 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$1.3B+15.0% YoY

Gross Profit

$256M20.3% margin

Operating Income

-$205M-16.3% margin

Net Income

-$213M-16.9% margin

EPS (Diluted)

$-0.45

Cash Flow

Operating Cash Flow

-$116M

Free Cash Flow

-$116M

Stock-Based Comp.

$141M

Balance Sheet

Total Assets

$571M

Total Liabilities

$284M

Stockholders' Equity

$286M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.1B	+15.0%
Gross Profit	$256M	$103M	+147.3%
Operating Income	-$205M	-$287M	+28.4%
Net Income	-$213M	-$340M	+37.2%