TIPT Q3 2022 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$612M

Q3 2022 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$363M+26.8% YoY

Gross Profit

$242M66.6% margin

Operating Income

$25M6.9% margin

Net Income

$14M3.9% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$116M

Free Cash Flow

$114M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.5B

Stockholders' Equity

$387M

Cash & Equivalents

$503M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$363M	$287M	+26.8%
Gross Profit	$242M	$206M	+17.7%
Operating Income	$25M	$4M	+601.0%
Net Income	$14M	$2M	+608.3%

Revenue Segments

Service Contract Revenue

$57M71%

Motor Club Revenue

$14M17%

Vessels

$8M10%

Other contract revenue

$997,0001%