TIPT Q3 2018 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$612M

Q3 2018 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$173M+19.1% YoY

Gross Profit

$128M74.2% margin

Operating Income

-$1M-0.7% margin

Net Income

-$618,000-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+13.1%

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.4B

Stockholders' Equity

$387M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$173M	$145M	+19.1%
Gross Profit	$128M	$145M	-11.6%
Operating Income	-$1M	-$8M	+85.8%
Net Income	-$618,000	-$3M	+80.2%

Revenue Segments

Car club revenue

$8M43%

Warranty coverage revenue

$7M35%

Asset management fee income

$2M12%

Other contract revenue

$2M10%