See more : Golub Capital BDC, Inc. (GBDC) 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 |
VERY Stock: Is a VERY Big Mix-Up Causing Vericity to Skyrocket?
Vericity Stock Price Increased Over 90% Pre-Market: Why It Happened
Source: https://incomestatements.info
Category: Stock Reports