LMND Q1 2020 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q1 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$26M+138.2% YoY

Gross Profit

$5M17.9% margin

Operating Income

-$36M-138.2% margin

Net Income

-$37M-139.3% margin

EPS (Diluted)

$-0.66

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$401M

Total Liabilities

$124M

Stockholders' Equity

$277M

Cash & Equivalents

$276M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$11M	+138.2%
Gross Profit	$5M	$1M	+291.7%
Operating Income	-$36M	-$22M	-68.4%
Net Income	-$37M	-$22M	-69.0%