TIPT Q3 2020 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$612M

Q3 2020 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$224M+18.4% YoY

Gross Profit

$166M74.2% margin

Operating Income

$14M6.2% margin

Net Income

$13M5.7% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.4B

Stockholders' Equity

$348M

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$224M	$189M	+18.4%
Gross Profit	$166M	$145M	+14.5%
Operating Income	$14M	-$2M	+969.6%
Net Income	$13M	-$1M	+976.0%

Revenue Segments

Warranty coverage revenue

$26M62%

Car club revenue

$9M21%

Vessels

$6M13%

Other contract revenue

$1M4%