TIPT Q4 2022 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$624M

Q4 2022 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$369M+15.4% YoY

Gross Profit

$247M66.9% margin

Operating Income

$25M6.8% margin

Net Income

$871,0000.2% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$57M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.5B

Stockholders' Equity

$397M

Cash & Equivalents

$538M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$369M	$320M	+15.4%
Gross Profit	$247M	$230M	+7.3%
Operating Income	$25M	$11M	+129.8%
Net Income	$871,000	-$426,000	+304.5%

Revenue Segments

Service Contract Revenue

$60M79%

Motor Club Revenue

$14M18%

Vessels

$2M2%

Other contract revenue

$780,0001%