CLOV Q4 2022 Earnings — Clover Health Investments, Corp. Revenue & Financial Results | Market Cap Arena

CLOVClover Health Investments, Corp.

$1B

Q4 2022 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$899M+108.0% YoY

Gross Profit

$5M0.6% margin

Operating Income

-$107M-11.9% margin

Net Income

-$84M-9.4% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

-$209M

Free Cash Flow

-$213M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$809M

Total Liabilities

$452M

Stockholders' Equity

$357M

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$899M	$432M	+108.0%
Gross Profit	$5M	-$10M	+152.7%
Operating Income	-$107M	-$187M	+42.6%
Net Income	-$84M	-$187M	+55.1%

Revenue Segments

Non-Insurance

$2.4B100%

Insurance

$1M0%