ROOT FY 2022 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$619M

FY 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$311M-10.0% YoY

Gross Profit

-$32M-10.4% margin

Operating Income

-$298M-95.8% margin

Net Income

-$298M-95.8% margin

EPS (Diluted)

$-21.11

Cash Flow

Operating Cash Flow

-$211M

Free Cash Flow

-$221M

Stock-Based Comp.

$45M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.0B

Stockholders' Equity

$277M

Cash & Equivalents

$762M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$311M	$345M	-10.0%
Gross Profit	-$32M	-$52M	+38.0%
Operating Income	-$298M	-$521M	+42.9%
Net Income	-$298M	-$521M	+42.9%