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Complete financial analysis of Lemonade, Inc. (LMND) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lemonade, Inc., a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
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Lemonade, Inc. (LMND)
Industry: Insurance - Property & Casualty
Sector: Financial Services
Website: https://www.lemonade.com
About Lemonade, Inc.
Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 429.80M | 256.70M | 128.40M | 94.40M | 67.30M | 22.50M | 2.40M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 429.80M | 256.70M | 128.40M | 94.40M | 67.30M | 22.50M | 2.40M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 129.30M | 187.50M | 111.00M | 72.60M | 37.70M | 14.90M | 8.00M |
| Selling & Marketing | 101.90M | 131.70M | 136.50M | 77.70M | 87.40M | 41.40M | 12.60M |
| SG&A | 231.20M | 375.80M | 290.10M | 160.50M | 129.40M | 59.90M | 28.70M |
| Other Expenses | 141.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 372.50M | 375.80M | 290.10M | 160.50M | 129.40M | 59.90M | 28.70M |
| Cost & Expenses | 372.50M | 375.80M | 290.10M | 160.50M | 129.40M | 59.90M | 28.70M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 20.00M | 12.20M | 3.70M | 1.70M | 600.00K | 100.00K | 28.00M |
| EBITDA | 77.30M | -106.90M | -158.00M | -64.40M | -61.50M | -37.30M | 1.70M |
| EBITDA Ratio | 17.99% | -110.09% | -179.05% | -126.17% | -159.44% | -233.33% | 1,166.67% |
| Operating Income | 57.30M | -119.10M | -161.70M | -66.10M | -62.10M | -37.40M | -26.30M |
| Operating Income Ratio | 13.33% | -114.84% | -181.93% | -127.97% | -160.33% | -233.78% | -1,166.67% |
| Total Other Income/Expenses | -287.10M | -175.70M | -71.90M | -54.70M | -45.80M | -15.20M | -1.70M |
| Income Before Tax | -229.80M | -294.80M | -233.60M | -120.80M | -107.90M | -52.60M | -28.00M |
| Income Before Tax Ratio | -53.47% | -114.84% | -181.93% | -127.97% | -160.33% | -233.78% | -1,166.67% |
| Income Tax Expense | 7.10M | 3.00M | 7.70M | 1.50M | 600.00K | 300.00K | 100.00K |
| Net Income | -236.90M | -297.80M | -241.30M | -122.30M | -108.50M | -52.90M | -28.10M |
| Net Income Ratio | -55.12% | -116.01% | -187.93% | -129.56% | -161.22% | -235.11% | -1,170.83% |
| EPS | -3.40 | -4.59 | -3.94 | -3.63 | -9.75 | -4.84 | -2.58 |
| EPS Diluted | -3.40 | -4.59 | -3.94 | -3.63 | -9.75 | -4.84 | -2.58 |
| Weighted Avg Shares Out | 69.66M | 64.92M | 61.22M | 33.65M | 43.61M | 43.61M | 56.58M |
| Weighted Avg Shares Out (Dil) | 69.66M | 64.92M | 61.22M | 33.65M | 43.61M | 43.61M | 56.58M |
Compared to Estimates, Lemonade (LMND) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Lemonade (LMND) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lemonade (LMND) Reports Q2 Loss, Lags Revenue Estimates
Lemonade (LMND) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $0.97 per share a year ago.
Lemonade's stock slides 14% after posting Q2 loss
Lemonade Inc.'s stock LMND, -1.35% fell 14% in after-hours trade Tuesday, after the digital insurer which uses AI to power its business posted a narrower-than-expected second-quarter loss but revenue that just matched estimates. The company had a net loss of...
Gear Up for Lemonade (LMND) Q2 Earnings: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Lemonade (LMND) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Should You Buy Lemonade Stock While It's Below Its IPO Price?
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Lemonade (LMND) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
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