TIPT Q4 2020 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$612M

Q4 2020 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$262M+25.5% YoY

Gross Profit

$193M73.6% margin

Operating Income

$25M9.4% margin

Net Income

$14M5.5% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+16.9%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$70M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.6B

Stockholders' Equity

$356M

Cash & Equivalents

$137M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$262M	$209M	+25.5%
Gross Profit	$193M	$162M	+18.8%
Operating Income	$25M	$10M	+148.7%
Net Income	$14M	$4M	+244.1%

Revenue Segments

Warranty coverage revenue

$30M66%

Car club revenue

$9M19%

Vessels

$5M12%

Other contract revenue

$2M3%