ROOT Q1 2021 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$601M

Q1 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$69M-44.7% YoY

Gross Profit

$69M100.0% margin

Operating Income

-$94M-137.5% margin

Net Income

-$100M-145.2% margin

EPS (Diluted)

$-7.20

QoQ Revenue Growth

+34.8%

Cash Flow

Operating Cash Flow

-$91M

Free Cash Flow

-$93M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$770M

Stockholders' Equity

$934M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$124M	-44.7%
Gross Profit	$69M	-$17M	+498.8%
Operating Income	-$94M	-$106M	+10.7%
Net Income	-$100M	-$106M	+5.7%