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Lemonade | 8-K: Current report

Lemonade | 8-K:重大事件

SEC announcement ·  02/28 05:38
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On February 27, 2024, Lemonade, Inc., a Delaware-incorporated insurance company, filed a Form 8-K report with the SEC, announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company issued a letter to shareholders detailing a strong fourth quarter and positive outlook for 2024. Lemonade reported a 20% year-over-year growth in in-force premium (IFP) to $747 million, while revenue grew by 31%. The gross loss ratio improved by 12 points year-over-year to 77%, and the gross profit climbed by 165%, with the margin more than doubling to 29%. Operating expenses contracted by 5% year-over-year. The company also highlighted a significant improvement in its bottom line, with a 44% year-over-year improvement in Adjusted EBITDA loss to $29 million and a...Show More
On February 27, 2024, Lemonade, Inc., a Delaware-incorporated insurance company, filed a Form 8-K report with the SEC, announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company issued a letter to shareholders detailing a strong fourth quarter and positive outlook for 2024. Lemonade reported a 20% year-over-year growth in in-force premium (IFP) to $747 million, while revenue grew by 31%. The gross loss ratio improved by 12 points year-over-year to 77%, and the gross profit climbed by 165%, with the margin more than doubling to 29%. Operating expenses contracted by 5% year-over-year. The company also highlighted a significant improvement in its bottom line, with a 44% year-over-year improvement in Adjusted EBITDA loss to $29 million and a net loss improvement by a third to $42 million. Lemonade expects to accelerate top-line growth and improve its bottom line in 2024, with plans to turn cash flow positive during 2025 and Adjusted EBITDA positive during 2026. The company also provided guidance for the first quarter and full year of 2024, projecting continued growth in IFP, revenue, and a reduced Adjusted EBITDA loss.
2024年2月27日,特拉華州註冊成立的保險公司Lemonade, Inc. 向美國證券交易委員會提交了8-K表報告,公佈了截至2023年12月31日的第四季度和全年財務業績。該公司致股東一封信,詳細說明了第四季度的強勁表現和2024年的樂觀前景。Lemonade報告稱,有效保費(IFP)同比增長20%,達到7.47億美元,而收入增長了31%。毛虧率同比提高了12個百分點至77%,毛利增長了165%,利潤率翻了一番多,達到29%。運營費用同比減少了5%。該公司還強調了其利潤的顯著改善,調整後的息稅折舊攤銷前利潤虧損同比增長44%,至2900萬美元,淨虧損增長三分之一,至4200萬美元。Lemonade預計將在2024年加速收入增長並提高利潤,計劃在2025年將現金流轉爲正數,在2026年將調整後的息稅折舊攤銷前利潤轉爲正數。該公司還提供了2024年第一季度和全年指導,預計IFP、收入將持續增長,調整後息稅折舊攤銷前利潤虧損將減少。
2024年2月27日,特拉華州註冊成立的保險公司Lemonade, Inc. 向美國證券交易委員會提交了8-K表報告,公佈了截至2023年12月31日的第四季度和全年財務業績。該公司致股東一封信,詳細說明了第四季度的強勁表現和2024年的樂觀前景。Lemonade報告稱,有效保費(IFP)同比增長20%,達到7.47億美元,而收入增長了31%。毛虧率同比提高了12個百分點至77%,毛利增長了165%,利潤率翻了一番多,達到29%。運營費用同比減少了5%。該公司還強調了其利潤的顯著改善,調整後的息稅折舊攤銷前利潤虧損同比增長44%,至2900萬美元,淨虧損增長三分之一,至4200萬美元。Lemonade預計將在2024年加速收入增長並提高利潤,計劃在2025年將現金流轉爲正數,在2026年將調整後的息稅折舊攤銷前利潤轉爲正數。該公司還提供了2024年第一季度和全年指導,預計IFP、收入將持續增長,調整後息稅折舊攤銷前利潤虧損將減少。

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