CLOV Q2 2020 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q2 2020 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$172M+45.9% YoY

Gross Profit

$53M30.6% margin

Operating Income

$23M13.5% margin

Net Income

$5M3.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$13M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$330M

Total Liabilities

$384M

Stockholders' Equity

-$58M

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$118M	+45.9%
Gross Profit	$53M	$118M	-55.3%
Operating Income	$23M	-$44M	+152.3%
Net Income	$5M	-$117M	+104.6%