7Baggers

ROOT 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
     
    20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 -178.6-116.67-54.747.1969.11131.04192.97254.9Milllion
    Quarterly Income Statements
    Quarterly
     | 
    Annual
     
      Unit: USD2024-03-31 2023-12-31 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 
                       
        revenues:               
        net premiums earned230,300,000 176,000,000 100,000,000 63,900,000 60,000,000 64,300,000 68,600,000 74,700,000 78,300,000 84,900,000 85,100,000 81,200,000 59,100,000 44,100,000 44,900,000 
        net investment income9,200,000 7,700,000 9,000,000 6,800,000 6,700,000 4,000,000 900,000 700,000 600,000 2,400,000 1,000,000 700,000 900,000 1,100,000 1,100,000 
        fee income14,700,000 10,200,000 6,200,000 3,800,000 3,200,000         13,000,000 4,400,000 
        other income700,000 900,000 100,000 300,000 200,000           
        total revenues254,900,000 194,800,000 115,300,000 74,800,000 70,100,000 71,300,000 73,700,000 80,400,000 85,400,000 93,200,000 93,800,000 89,800,000    
        yoy263.62% 173.21% 56.45% -6.97% -17.92% -23.50% -21.43% -10.47%        
        qoq30.85% 68.95% 54.14% 6.70% -1.68% -3.26% -8.33% -5.85% -8.37% -0.64% 4.45%     
        operating expenses:               
        loss and loss adjustment expenses166,400,000 122,700,000 85,800,000 59,500,000 63,300,000 77,700,000 80,900,000 95,700,000 96,700,000 107,800,000 114,400,000 110,200,000 59,900,000 59,500,000 76,100,000 
        sales and marketing30,400,000 26,500,000 13,100,000 6,100,000 3,600,000 2,200,000 5,700,000 25,400,000 14,700,000 24,700,000 65,400,000 111,700,000 68,400,000 49,600,000 36,900,000 
        other insurance expense24,600,000    1,300,000    1,000,000    2,400,000   
        technology and development11,000,000 12,400,000 11,100,000 11,100,000 10,200,000 9,400,000 14,300,000 17,900,000 13,900,000 16,200,000 18,000,000 17,500,000 13,800,000 12,700,000 12,900,000 
        general and administrative17,100,000 20,100,000 21,000,000 20,700,000 21,500,000 41,100,000 26,400,000 29,900,000 30,000,000 27,800,000 27,400,000 24,000,000 18,400,000 19,700,000 16,600,000 
        total operating expenses249,500,000 207,100,000 149,300,000 100,000,000 99,900,000 128,100,000 128,400,000 161,100,000 156,300,000 185,100,000 220,700,000 261,900,000 162,900,000 139,400,000 116,200,000 
        operating income5,400,000 -12,300,000 -34,000,000 -25,200,000 -29,800,000 -56,800,000 -54,700,000 -80,700,000 -70,900,000 -91,900,000 -126,900,000 -172,100,000 -94,300,000   
        yoy-118.12% -78.35% -37.84% -68.77% -57.97% -38.19% -56.90% -53.11% -24.81%       
        qoq-143.90% -63.82% 34.92% -15.44% -47.54% 3.84% -32.22% 13.82% -22.85% -27.58% -26.26% 82.50%    
        interest expense-11,600,000 -11,700,000 -11,800,000 -11,500,000 -11,100,000 -10,600,000 -9,300,000 -9,200,000 -5,500,000 -2,100,000 -6,100,000 -6,500,000 -5,300,000 44,800,000 19,500,000 
        income before income tax expense-6,200,000 -24,000,000 -45,800,000 -36,700,000 -40,900,000 -67,400,000 -64,000,000 -89,900,000 -76,400,000 -109,900,000 -133,000,000 -178,600,000 -99,600,000 -133,300,000 -85,200,000 
        income tax expense               
        net income-6,200,000 -24,000,000 -45,800,000 -36,700,000 -40,900,000 -67,400,000 -64,000,000 -89,900,000 -76,400,000 -109,900,000 -133,000,000 -178,600,000 -99,600,000 -133,300,000 -85,200,000 
        yoy-84.84% -64.39% -28.44% -59.18% -46.47% -38.67% -51.88% -49.66% -23.29% -17.55% 56.10%     
        qoq-74.17% -47.60% 24.80% -10.27% -39.32% 5.31% -28.81% 17.67% -30.48% -17.37% -25.53% 79.32% -25.28% 56.46%  
        other comprehensive income:               
        changes in net unrealized gains on investments-800,000    1,100,000     -1,200,000 -500,000     
        comprehensive loss-7,000,000 -19,900,000 -46,500,000 -37,900,000 -39,800,000 -66,300,000 -66,300,000 -91,200,000 -80,100,000 -111,100,000 -133,500,000 -178,600,000 -103,100,000 -133,300,000 -85,100,000 
        loss per common share: basic and diluted-420,000 -1,670,000 -3,160,000 -2,550,000 -2,880,000 -4,660,000 -4,540,000 -360,000 -300,000 -440,000 -530,000 -720,000 -400,000 1,130,000 -2,200,000 
        weighted-average common shares outstanding: basic and diluted14,600,000 14,400,000 14,500,000 14,400,000 14,200,000 14,100,000 14,100,000 253,000,000 251,700,000 249,200,000 250,200,000 248,900,000 247,100,000 75,500,000 38,800,000 
        net realized gains on investments     -600,000  -100,000 1,200,000    2,400,000 100,000 100,000 
        other insurance benefit 25,400,000 18,300,000 2,600,000  -5,700,000 1,100,000         
        other comprehensive loss:               
        changes in net unrealized losses on investments -800,000 -700,000 -1,200,000  -7,300,000 -2,300,000 -1,300,000 -3,700,000    -3,500,000   
        fee and other income     14,600,000 4,200,000 5,100,000 5,300,000 21,800,000 7,700,000 7,900,000 6,200,000   
        other insurance (benefit) expense       -7,800,000  -3,600,000 -4,500,000 -1,500,000  -2,100,000 -26,300,000 
        revenue: