LMND Q1 2022 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q1 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$44M+88.5% YoY

Gross Profit

$11M24.4% margin

Operating Income

-$73M-163.9% margin

Net Income

-$75M-168.8% margin

EPS (Diluted)

$-1.21

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

-$40M

Free Cash Flow

-$42M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$583M

Stockholders' Equity

$913M

Cash & Equivalents

$235M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$24M	+88.5%
Gross Profit	$11M	$2M	+390.9%
Operating Income	-$73M	-$48M	-50.9%
Net Income	-$75M	-$49M	-52.7%