ROOT Q4 2020 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$601M

Q4 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$51M-52.2% YoY

Gross Profit

-$7M-12.8% margin

Operating Income

-$133M-261.9% margin

Net Income

-$133M-261.9% margin

EPS (Diluted)

$-9.60

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

-$192M

Free Cash Flow

-$203M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$730M

Stockholders' Equity

$1.0B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$107M	-52.2%
Gross Profit	-$7M	-$23M	+71.2%
Operating Income	-$133M	-$85M	-56.5%
Net Income	-$133M	-$85M	-56.5%