ROOT Q3 2020 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$601M

Q3 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$51M-36.6% YoY

Gross Profit

$51M100.0% margin

Operating Income

-$66M-130.1% margin

Net Income

-$85M-168.7% margin

EPS (Diluted)

$-6.14

QoQ Revenue Growth

-58.4%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$34M

Stock-Based Comp.

$800,000

Balance Sheet

Total Assets

$839M

Total Liabilities

$1.4B

Stockholders' Equity

-$570M

Cash & Equivalents

$218M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$80M	-36.6%
Gross Profit	$51M	-$37M	+238.4%
Operating Income	-$66M	-$100M	+34.4%
Net Income	-$85M	-$100M	+15.0%