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Complete financial analysis of Tiptree Inc. (TIPT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tiptree Inc., a leading company in the Insurance – Specialty industry within the Financial Services sector.
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Tiptree Inc. (TIPT)
About Tiptree Inc.
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. The company also offers mortgage loans for institutional investors; and maritime shipping services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.65B | 1.40B | 1.20B | 810.30M | 772.73M | 625.83M | 579.80M | 567.15M | 440.12M | 80.31M | 97.66M | 15.96M | 14.48M | 34.02M | 20.01M | 22.26M | 12.92M |
Cost of Revenue | 1.20B | 182.66M | 207.32M | 172.74M | 129.48M | 414.56M | 115.95M | 139.61M | 1.86M | 10.12M | -3.25M | 1.44M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 444.20M | 1.22B | 995.12M | 637.56M | 643.25M | 211.27M | 463.86M | 427.54M | 438.26M | 70.20M | 100.91M | 14.52M | 14.48M | 34.02M | 20.01M | 22.26M | 12.92M |
Gross Profit Ratio | 26.94% | 86.93% | 82.76% | 78.68% | 83.24% | 33.76% | 80.00% | 75.38% | 99.58% | 87.40% | 103.33% | 90.98% | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 261.32M | 182.66M | 288.27M | 172.74M | 129.48M | 113.56M | 157.37M | 189.19M | 130.34M | 43.04M | 44.11M | 4.76M | 0.00 | 30.13M | 2.24M | 4.11M | 11.71M |
Selling & Marketing | 134.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 241.84M | 147.25M | 105.75M | 4.29M | 2.34M | 0.00 | 0.00 | 0.00 | 11.65M | 6.62M | 0.00 |
SG&A | 395.97M | 182.66M | 288.27M | 172.74M | 129.48M | 113.56M | 157.37M | 189.19M | 130.34M | 43.04M | 44.11M | 4.76M | 7.77M | 30.13M | 13.89M | 10.73M | 11.71M |
Other Expenses | 0.00 | 840.36M | -1.48B | -1.08B | -934.72M | -21.33M | 149.46M | 54.95M | 127.66M | 33.06M | 14.94M | 4.45M | 3.61M | 69.54K | -1.74M | 33.54M | 2.29M |
Operating Expenses | 395.97M | 1.16B | -1.19B | -905.00M | -805.24M | 204.05M | 548.67M | 391.39M | 363.75M | 80.39M | 61.39M | 9.21M | 11.38M | 30.20M | 12.15M | 40.15M | -2.63M |
Cost & Expenses | 1.40B | 1.34B | 1.14B | 849.15M | 743.59M | 645.62M | 583.13M | 523.84M | 452.56M | 79.53M | 91.41M | 10.65M | 11.38M | 30.20M | 12.15M | 40.15M | -2.63M |
Interest Income | 0.00 | 24.17M | 28.29M | 22.36M | 32.33M | 13.74M | 16.23M | 18.91M | 19.93M | 14.85M | 16.48M | 75.00K | 27.00K | 0.00 | 73.00K | 395.00K | 11.21M |
Interest Expense | 27.69M | 30.24M | 37.67M | 32.58M | 27.06M | 27.01M | 25.56M | 29.70M | 23.49M | 12.54M | 17.52M | 6.31M | 5.76M | 10.67K | 6.51M | 4.52M | 134.00K |
Depreciation & Amortization | 23.47M | 22.97M | 24.44M | 17.58M | 13.57M | 12.60M | 13.84M | 14.30M | 45.12M | 10.87M | 4.47M | 3.97M | 3.61M | 69.54K | 3.42M | 1.55M | 725.00K |
EBITDA | 134.21M | 77.17M | 127.45M | 11.31M | 63.41M | 57.63M | 36.07M | 94.47M | 85.32M | 34.92M | 10.88M | 48.72M | 20.15M | 7.39M | 3.38M | -29.25M | 16.27M |
EBITDA Ratio | 8.14% | 5.24% | 3.12% | -9.52% | -2.45% | 3.17% | 12.69% | 39.60% | 26.04% | 39.09% | 51.66% | 60.67% | 178.92% | 11.55% | 34.72% | -33.86% | 125.94% |
Operating Income | 249.26M | 50.25M | 13.11M | -94.70M | -32.51M | 45.04M | -13.79M | 23.06M | -5.55M | -6.20M | 1.83M | 5.32M | 3.10M | 3.76M | 7.86M | -22.01M | 15.54M |
Operating Income Ratio | 15.12% | 3.59% | 1.09% | -11.69% | -4.21% | 7.20% | -2.38% | 4.07% | -1.26% | -7.71% | 1.87% | 33.30% | 21.41% | 11.05% | 39.26% | -98.89% | 120.32% |
Total Other Income/Expenses | -166.21M | -133.36M | -667.33M | -38.85M | 9.02M | -19.80M | -12.56M | 26.08M | -6.89M | 6.98M | 16.96M | 31.14M | 13.43M | 40.56K | -10.68M | -8.79M | 0.00 |
Income Before Tax | 83.05M | 54.01M | 65.34M | -38.85M | 29.14M | -19.80M | -3.33M | 43.32M | -12.44M | 788.00K | 6.25M | -510.00K | 16.53M | -2.83M | -2.83M | -30.81M | 0.00 |
Income Before Tax Ratio | 5.04% | 3.86% | 5.43% | -4.79% | 3.77% | -3.16% | -0.57% | 7.64% | -2.83% | 0.98% | 6.40% | -3.20% | 114.22% | -8.31% | -14.12% | -138.40% | 0.00% |
Income Tax Expense | 43.06M | 50.45M | 21.29M | -13.63M | 9.02M | -5.91M | -12.56M | 10.98M | 1.38M | 4.14M | 6.94M | 6.63M | 24.92M | 59.56K | 2.11M | 12.92M | 17.10M |
Net Income | 13.95M | 3.56M | 38.13M | -25.23M | 18.36M | 23.93M | 3.60M | 25.32M | 5.78M | -1.71M | -9.20M | -510.00K | 16.53M | 3.75M | -2.83M | -30.81M | -1.56M |
Net Income Ratio | 0.85% | 0.25% | 3.17% | -3.11% | 2.38% | 3.82% | 0.62% | 4.46% | 1.31% | -2.13% | -9.42% | -3.20% | 114.22% | 11.03% | -14.12% | -138.40% | -12.05% |
EPS | 0.34 | 0.10 | 1.15 | -0.74 | 0.53 | 0.69 | 0.12 | 0.79 | 0.17 | -0.10 | -0.90 | -0.05 | 1.63 | 0.37 | -0.09 | -0.98 | -0.05 |
EPS Diluted | 0.33 | 0.10 | 1.13 | -0.74 | 0.50 | 0.69 | 0.11 | 0.78 | 0.17 | -0.10 | -0.90 | -0.05 | 1.60 | 0.37 | -0.09 | -0.98 | -0.05 |
Weighted Avg Shares Out | 36.69M | 35.53M | 33.22M | 33.86M | 34.58M | 34.72M | 29.13M | 31.72M | 32.36M | 16.77M | 10.22M | 10.29M | 10.15M | 10.06M | 30.09M | 31.43M | 31.30M |
Weighted Avg Shares Out (Dil) | 37.62M | 35.53M | 33.69M | 33.86M | 34.58M | 34.72M | 37.31M | 31.77M | 33.20M | 16.77M | 10.25M | 10.29M | 10.31M | 10.06M | 30.09M | 31.43M | 31.30M |
Tiptree: Solid Quarter And Goodbye Ships
Tiptree Reports Third Quarter 2022 Results
Tiptree to Hold Conference Call for Q3 2022 Results on Thursday, November 3, 2022
Tiptree to Hold Conference Call for Q3 2022 Results on Thursday, November 3, 2022
Tiptree Announces Plan for CFO Transition
Fortegra Receives UK Branch Authorisation from The Prudential Regulatory Authority
Fortegra to Present at the Barclays Global Financial Services Conference
Tiptree Inc. to Present and Host 1x1 Investor Meetings at the 13th Annual Midwest IDEAS Investor Conference on Wednesday, August 24th
Tiptree Inc. (TIPT) CEO Jonathan Ilany on Q2 2022 Results - Earnings Call Transcript
Tiptree: Ignore The Noise, Another Great Quarter
Source: https://incomestatements.info
Category: Stock Reports