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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 149M | 8.9% |
| Gross Profit | 149M | 8.9% |
| Operating expense | 187M | 7.8% |
| Net Income | -30M | 55.7% |
| EBITDA | -33M | 45.5% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.85B | 1.4% |
| Total Liabilities | 1.26B | 2.1% |
| Total Equity | 593M | 0.1% |
| Shares Outstanding | 71M | 0.2% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 14M | 15.3% |
| Cash from financing | 35M | 48.3% |
EPS
Financial Highlights for Lemonade in Q4 '24
Lemonade reported a revenue of 149M, which is a 8.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 149M, marking a 8.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 187M, showing a -7.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -30M, showing a 55.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -33M, showing a 45.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Lemonade with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
