TIPT Q2 2021 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$612M

Q2 2021 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$300M+50.4% YoY

Gross Profit

$210M70.2% margin

Operating Income

$11M3.8% margin

Net Income

$8M2.7% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$118M

Free Cash Flow

$117M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.8B

Stockholders' Equity

$387M

Cash & Equivalents

$142M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$300M	$199M	+50.4%
Gross Profit	$210M	$150M	+40.3%
Operating Income	$11M	$4M	+158.8%
Net Income	$8M	$4M	+108.8%

Revenue Segments

Warranty coverage revenue

$36M60%

Car club revenue

$9M16%

Vessels

$8M13%

Other contract revenue

$7M12%