LMND Q3 2021 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q3 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$36M+100.6% YoY

Gross Profit

$12M33.3% margin

Operating Income

-$64M-179.8% margin

Net Income

-$66M-186.0% margin

EPS (Diluted)

$-1.08

QoQ Revenue Growth

+26.6%

Cash Flow

Operating Cash Flow

-$38M

Free Cash Flow

-$41M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$474M

Stockholders' Equity

$1.0B

Cash & Equivalents

$319M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$18M	+100.6%
Gross Profit	$12M	$8M	+56.6%
Operating Income	-$64M	-$31M	-110.5%
Net Income	-$66M	-$31M	-114.9%