LMND Q2 2022 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q2 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$50M+77.3% YoY

Gross Profit

$12M24.4% margin

Operating Income

-$65M-130.0% margin

Net Income

-$68M-135.8% margin

EPS (Diluted)

$-1.10

QoQ Revenue Growth

+12.9%

Cash Flow

Operating Cash Flow

-$40M

Free Cash Flow

-$42M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$612M

Stockholders' Equity

$849M

Cash & Equivalents

$200M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$28M	+77.3%
Gross Profit	$12M	$10M	+22.0%
Operating Income	-$65M	-$53M	-22.9%
Net Income	-$68M	-$56M	-22.1%