TIPT Q3 2019 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$612M

Q3 2019 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$189M+9.6% YoY

Gross Profit

$145M76.7% margin

Operating Income

-$2M-0.8% margin

Net Income

-$1M-0.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$395M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$173M	+9.6%
Gross Profit	$145M	$128M	+13.3%
Operating Income	-$2M	-$1M	-40.4%
Net Income	-$1M	-$618,000	-135.8%