TIPT Q1 2022 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$624M

Q1 2022 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$325M+10.3% YoY

Gross Profit

$220M67.9% margin

Operating Income

-$952,000-0.3% margin

Net Income

-$960,000-0.3% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$149M

Free Cash Flow

$149M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$3.2B

Stockholders' Equity

$367M

Cash & Equivalents

$178M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$325M	$295M	+10.3%
Gross Profit	$220M	$228M	-3.1%
Operating Income	-$952,000	$39M	-102.4%
Net Income	-$960,000	$29M	-103.4%

Revenue Segments

Service Contract Revenue

$43M65%

Motor Club Revenue

$13M19%

Vessels

$9M13%

Other contract revenue

$2M3%