TIPT Q4 2023 Earnings — Tiptree Inc. Revenue & Financial Results | Market Cap Arena

TIPTTiptree Inc.

$624M

Q4 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$446M+20.8% YoY

Gross Profit

$288M64.5% margin

Operating Income

$30M6.7% margin

Net Income

$7M1.5% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$24M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$4.6B

Stockholders' Equity

$417M

Cash & Equivalents

$469M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$446M	$369M	+20.8%
Gross Profit	$288M	$247M	+16.4%
Operating Income	$30M	$25M	+20.1%
Net Income	$7M	$871,000	+688.9%