TIPT Q2 2022 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$624M

Q2 2022 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$340M+13.4% YoY

Gross Profit

$235M69.2% margin

Operating Income

$5M1.4% margin

Net Income

-$22M-6.6% margin

EPS (Diluted)

$-0.62

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$135M

Free Cash Flow

$133M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$3.2B

Stockholders' Equity

$390M

Cash & Equivalents

$338M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$340M	$300M	+13.4%
Gross Profit	$235M	$210M	+11.7%
Operating Income	$5M	$11M	-58.1%
Net Income	-$22M	$8M	-381.2%

Revenue Segments

Service Contract Revenue

$51M65%

Motor Club Revenue

$13M17%

Vessels

$12M15%

Other contract revenue

$2M3%