CLOV Q1 2022 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q1 2022 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$874M+336.5% YoY

Gross Profit

$13M1.4% margin

Operating Income

-$87M-10.0% margin

Net Income

-$75M-8.6% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+102.4%

Cash Flow

Operating Cash Flow

-$57M

Free Cash Flow

-$57M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.2B

Stockholders' Equity

$490M

Cash & Equivalents

$274M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$874M	$200M	+336.5%
Gross Profit	$13M	-$14M	+189.8%
Operating Income	-$87M	-$119M	+26.5%
Net Income	-$75M	-$48M	-55.9%

Revenue Segments

Insurance

$271,000100%