CLOV Q3 2020 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q3 2020 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$169M+42.8% YoY

Gross Profit

$24M14.3% margin

Operating Income

-$22M-12.8% margin

Net Income

$13M7.5% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$35M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$326M

Total Liabilities

$367M

Stockholders' Equity

-$44M

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$169M	$118M	+42.8%
Gross Profit	$24M	$118M	-79.5%
Operating Income	-$22M	-$31M	+29.9%
Net Income	$13M	-$52M	+124.7%