LMND Q2 2020 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q2 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$30M+116.7% YoY

Gross Profit

$5M18.1% margin

Operating Income

-$21M-69.2% margin

Net Income

-$21M-70.2% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

+14.1%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$400M

Total Liabilities

$622M

Stockholders' Equity

-$222M

Cash & Equivalents

$259M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$14M	+116.7%
Gross Profit	$5M	$2M	+217.6%
Operating Income	-$21M	-$23M	+10.0%
Net Income	-$21M	-$23M	+9.1%