LMND Q3 2022 Earnings — Lemonade, Inc. Revenue & Financial Results | Market Cap Arena

LMNDLemonade, Inc.

$4B

Q3 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$74M+107.3% YoY

Gross Profit

$9M11.6% margin

Operating Income

-$89M-120.4% margin

Net Income

-$91M-123.5% margin

EPS (Diluted)

$-1.37

QoQ Revenue Growth

+48.0%

Cash Flow

Operating Cash Flow

-$55M

Free Cash Flow

-$58M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$806M

Stockholders' Equity

$907M

Cash & Equivalents

$222M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$36M	+107.3%
Gross Profit	$9M	$12M	-27.7%
Operating Income	-$89M	-$64M	-38.8%
Net Income	-$91M	-$66M	-37.7%