See more : Legend Mining Limited (LEG.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Vericity, Inc. (VERY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vericity, Inc., a leading company in the Insurance – Life industry within the Financial Services sector.
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Vericity, Inc. (VERY)
About Vericity, Inc.
Vericity, Inc., together with its subsidiaries, provides life insurance protection products for the middle American market. The company operates through Agency and Insurance segments. The Agency segment sells life insurance products for unaffiliated insurance companies through its call center distribution platform, as well as through its independent agents and other marketing organizations. This segment is also involved in the insurance lead sale activities through its eCoverage web presence. The Insurance segment provides term life, accidental death, and final expense products. Vericity, Inc. is headquartered in Chicago, Illinois.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 177.57M | 163.91M | 176.58M | 147.83M | 135.30M | 123.98M | 115.87M |
| Cost of Revenue | 104.15M | 97.76M | 94.71M | 80.36M | 76.95M | 0.00 | 0.00 |
| Gross Profit | 73.41M | 66.16M | 81.87M | 67.47M | 58.35M | 123.98M | 115.87M |
| Gross Profit Ratio | 41.34% | 40.36% | 46.36% | 45.64% | 43.12% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 68.35M | 55.91M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 100.75M | 97.76M | 94.71M | 80.36M | 77.04M | 68.35M | 55.91M |
| Other Expenses | -118.11M | -84.51M | -200.17M | -180.30M | -162.01M | -208.53M | -182.72M |
| Operating Expenses | 118.11M | -84.51M | -200.17M | -180.30M | -162.01M | -140.18M | -126.81M |
| Cost & Expenses | -188.42M | 186.48M | 193.61M | 175.13M | 155.50M | 140.18M | 126.81M |
| Interest Income | 0.00 | 17.47M | 16.13M | 15.67M | 17.56M | 16.65M | 16.69M |
| Interest Expense | 0.00 | 4.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 5.41M | 4.11M | 3.32M | 2.78M | 1.44M | 1.45M | 818.00K |
| EBITDA | -1.48M | -14.25M | -20.27M | -29.69M | -25.27M | -14.75M | -10.12M |
| EBITDA Ratio | -0.83% | -8.69% | -11.48% | -20.08% | -18.68% | -11.90% | -8.74% |
| Operating Income | -7.45M | -18.35M | -23.60M | -32.47M | -26.71M | -16.20M | -10.94M |
| Operating Income Ratio | -4.20% | -11.20% | -13.36% | -21.96% | -19.74% | -13.06% | -9.44% |
| Total Other Income/Expenses | -3.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | -10.85M | -22.57M | -17.04M | -27.30M | -20.20M | -16.20M | -10.94M |
| Income Before Tax Ratio | -6.11% | -13.77% | -9.65% | -18.47% | -14.93% | -13.06% | -9.44% |
| Income Tax Expense | -959.00K | -2.11M | -378.00K | -2.28M | -872.00K | -2.35M | -2.70M |
| Net Income | -9.89M | -20.46M | -16.66M | -25.03M | -19.32M | -13.85M | -8.24M |
| Net Income Ratio | -5.57% | -12.48% | -9.43% | -16.93% | -14.28% | -11.17% | -7.11% |
| EPS | -0.67 | -1.38 | -1.12 | -1.68 | -1.30 | -0.93 | -0.55 |
| EPS Diluted | -0.67 | -1.38 | -1.12 | -1.68 | -1.30 | -0.93 | -0.55 |
| Weighted Avg Shares Out | 14.88M | 14.83M | 14.87M | 14.88M | 14.86M | 14.88M | 14.88M |
| Weighted Avg Shares Out (Dil) | 14.88M | 14.88M | 14.88M | 14.88M | 14.88M | 14.88M | 14.88M |
J.C. Flowers Completes Sale of Vericity for Approximately $170 Million
NEW YORK , June 28, 2024 /PRNewswire/ -- J.C. Flowers & Co. LLC ("J.C.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation of Vericity, Inc.
NEW YORK , Dec. 19, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Vericity, Inc. ("VERY" or the "Company") (NASDAQ: VERY). You are hereby notified that...
VERICITY SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Vericity, Inc. (VERY) and Encourages Investors to Contact the Firm
PHILADELPHIA , Dec. 11, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Vericity, Inc. ("Vericity") (NASDAQ: VERY) on behalf of the company's shareholders. On October 3, 2023, Vericity announced that it had agreed to be acquired by...
VERY ALERT: Levi & Korsinsky, LLP Announces Investigation of Vericity, Inc.
NEW YORK , Nov. 8, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Vericity, Inc. ("VERY" or the "Company") (NASDAQ: VERY). You are hereby notified that...
VERY ALERT: Levi & Korsinsky, LLP Announces Investigation of Vericity, Inc.
NEW YORK , Oct. 19, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Vericity, Inc. ("VERY" or the "Company") (NASDAQ: VERY). You are hereby notified that...
VERY ALERT: Levi & Korsinsky, LLP Announces Investigation of Vericity, Inc.
NEW YORK , Oct. 12, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Vericity, Inc. ("VERY" or the "Company") (NASDAQ: VERY). You are hereby notified that Levi...
Vericity shares surge on US$170M iA Financial takeover
Vericity Inc's shares almost doubled in value on Tuesday morning on news that Canadian insurance and wealth management company iA Financial Corporation will pay US$170 million for its US counterpart. In a statement, iA Financial announced its US subsidiary iA American...
J.C. Flowers-backed Vericity to be acquired for 101% premium to Monday's close
Vericity Inc.'s VERY, -3.39% stock was up by 97% after the Des Plaines, Ill.-based insurance services company backed by private-equity firm J.C.
The Project’s Tommy Little bares his VERY white backside as he poses completely nude
247 News Around The World 247 News Around The World Too rude for TV! The Project’s Tommy Little bares his VERY white… The post The Project’s Tommy Lit...
Insurance Stock Gainers And Losers In Tuesdays Premarket Session
Here are the insurance stocks that are moving in Tuesday's premarket session on the stock market . Gainers Lincoln National Corp (NYSE: LNC) stock fell by 0.35% to $64.78 during Monday's trading session.
Source: https://incomestatements.info
Category: Stock Reports