7Baggers

LMND Stock Income Statements

The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
     Revenue  
     Gross Profit  
     Operating Profit  
     Net Income  
    Quarterly
     | 
    Annual
     
    20200630 20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 -91.4-61.84-32.29-2.7326.8356.3985.94115.5Milllion
    Quarterly Income Statements
    Quarterly
     | 
    Annual
     
      Unit: USD2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 
                       
        revenue               
        net earned premium83,900,000 86,600,000 76,500,000 68,200,000 63,200,000 50,600,000 31,200,000 27,400,000 25,400,000 21,500,000 16,300,000 13,800,000 12,300,000 10,500,000 29,200,000 
        ceding commission income18,400,000 16,700,000 17,500,000 17,200,000 17,700,000 16,900,000 15,500,000 14,000,000 13,000,000 12,300,000 10,600,000 9,000,000 7,900,000 7,000,000 400,000 
        net investment income7,100,000 7,000,000 5,600,000 5,000,000 3,700,000 2,600,000 1,200,000 900,000 900,000 600,000 200,000 200,000 200,000 200,000 200,000 
        commission and other income6,100,000 4,200,000 5,000,000 4,800,000 3,800,000 3,900,000 2,100,000 2,000,000 1,700,000 1,300,000 1,100,000 500,000 100,000 100,000  
        total revenue115,500,000 114,500,000 104,600,000 95,200,000 88,400,000 74,000,000 50,000,000 44,300,000 41,000,000 35,700,000 28,200,000 23,500,000 20,500,000 17,800,000 29,900,000 
        yoy30.66% 54.73% 109.20% 114.90% 115.61% 107.28% 77.30% 88.51% 100.00% 100.56% -5.69%     
        qoq0.87% 9.46% 9.87% 7.69% 19.46% 48.00% 12.87% 8.05% 14.85% 26.60% 20.00% 14.63% 15.17% -40.47%  
        expense               
        loss and loss adjustment expense65,000,000 75,900,000 75,900,000 63,600,000 61,500,000 53,300,000 28,100,000 24,400,000 24,900,000 17,500,000 13,000,000 16,500,000 9,300,000 6,700,000 20,500,000 
        other insurance expense15,500,000 15,100,000 15,000,000 13,600,000 13,100,000 12,100,000 9,700,000 9,100,000 7,800,000 6,300,000 5,200,000 4,800,000 3,600,000 3,500,000 4,000,000 
        sales and marketing24,500,000 24,400,000 24,800,000 28,200,000 27,200,000 35,800,000 37,000,000 38,300,000 37,200,000 42,200,000 33,100,000 29,100,000 22,900,000 22,200,000 16,100,000 
        technology development21,100,000 21,800,000 24,100,000 21,800,000 23,500,000 21,400,000 17,800,000 16,900,000 16,400,000 14,300,000 14,000,000 7,100,000 6,400,000 5,300,000 4,200,000 
        general and administrative29,000,000 36,900,000 30,700,000 32,700,000 31,200,000 40,500,000 22,400,000 28,200,000 23,100,000 19,600,000 15,800,000 14,100,000 11,700,000 10,600,000 5,800,000 
        total expense155,100,000 174,100,000 170,500,000 159,900,000 156,500,000 163,100,000 115,000,000 116,900,000 109,400,000 99,900,000 81,100,000 71,600,000 53,900,000 48,300,000 50,600,000 
        income before income taxes-39,600,000 -59,600,000 -65,900,000 -64,700,000 -68,100,000 -89,100,000 -65,000,000 -72,600,000 -68,400,000 -64,200,000 -52,900,000 -48,100,000 -33,400,000 -30,500,000 -20,700,000 
        yoy-41.85% -33.11% 1.38% -10.88% -0.44% 38.79% 22.87% 50.94% 104.79% 110.49% 155.56%     
        qoq-33.56% -9.56% 1.85% -4.99% -23.57% 37.08% -10.47% 6.14% 6.54% 21.36% 9.98% 44.01% 9.51% 47.34%  
        income tax expense2,800,000 1,900,000 1,300,000 1,100,000 -4,400,000 2,300,000 2,900,000 2,200,000 1,900,000 2,200,000 2,700,000 900,000 500,000 400,000 300,000 
        net income-42,400,000 -61,500,000 -67,200,000 -65,800,000 -63,700,000 -91,400,000 -67,900,000 -74,800,000 -70,300,000 -66,400,000 -55,600,000 -49,000,000 -33,900,000 -30,900,000 -21,000,000 
        yoy-33.44% -32.71% -1.03% -12.03% -9.39% 37.65% 22.12% 52.65% 107.37% 114.89% 164.76%     
        qoq-31.06% -8.48% 2.13% 3.30% -30.31% 34.61% -9.22% 6.40% 5.87% 19.42% 13.47% 44.54% 9.71% 47.14%  
        other comprehensive loss, net of tax               
        unrealized gain (loss) on investments in fixed maturities8,500,000 2,900,000 1,200,000 6,000,000            
        foreign currency translation adjustment-1,600,000 -1,000,000 100,000 -700,000 2,300,000 -1,500,000 -5,500,000 -1,100,000 1,000,000  300,000 700,000    
        comprehensive loss-32,300,000 -59,600,000 -65,900,000 -60,500,000 -56,000,000 -97,900,000 -77,900,000 -90,200,000 -73,800,000 -67,200,000 -55,500,000 -48,200,000 -32,800,000 -30,500,000 -20,800,000 
        per share data:               
        net income per share-0.6 -0.88 -0.97 -0.95 -0.9 -1.37 -1.1 -1.21 -1.14 -1.08 -0.9 -0.81 -0.22 -0.57 -1.77 
        weighted average common shares outstanding—basic and diluted 69,753,576 69,534,731 69,334,103  66,877,100 61,816,225 61,698,568  61,580,145 61,444,958 60,218,652  53,997,315 11,891,979 
        unrealized loss on investments in fixed maturities    -23,800,000 -5,000,000 -4,500,000         
        unrealized (loss) gain on investments in fixed maturities       -14,300,000        
        other comprehensive income, net of tax               
        unrealized (loss) gain on investments        -4,500,000 -800,000 -200,000     
        unrealized gain on investments           100,000   200,000 
        unrealized gain (loss) on investments            600,000 400,000  
        commission income              100,000