CLOV Q1 2021 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q1 2021 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$200M+21.0% YoY

Gross Profit

-$14M-7.0% margin

Operating Income

-$119M-59.4% margin

Net Income

-$48M-24.2% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+20.5%

Cash Flow

Operating Cash Flow

-$93M

Free Cash Flow

-$93M

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$867M

Total Liabilities

$278M

Stockholders' Equity

$585M

Cash & Equivalents

$405M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$200M	$166M	+21.0%
Gross Profit	-$14M	$19M	-173.5%
Operating Income	-$119M	-$27M	-347.2%
Net Income	-$48M	-$28M	-71.9%