Clover Health Investments Corp
NASDAQ:CLOV
Income Statement
Earnings Waterfall
Clover Health Investments Corp
Revenue
|
2B
USD
|
Operating Expenses
|
-2.2B
USD
|
Operating Income
|
-182.7m
USD
|
Other Expenses
|
-30.7m
USD
|
Net Income
|
-213.4m
USD
|
Income Statement
Clover Health Investments Corp
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
0
N/A
|
200
N/A
|
613
+206%
|
1 040
+70%
|
1 472
+42%
|
2 146
+46%
|
2 580
+20%
|
3 010
+17%
|
3 477
+16%
|
3 130
-10%
|
2 797
-11%
|
2 422
-13%
|
2 034
-16%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(7)
|
(326)
|
(920)
|
(1 495)
|
(2 109)
|
(2 751)
|
(3 107)
|
(3 461)
|
(3 848)
|
(3 463)
|
(3 075)
|
(2 666)
|
(2 216)
|
|
Selling, General & Administrative |
0
|
(105)
|
(212)
|
(332)
|
(446)
|
(468)
|
(478)
|
(477)
|
(487)
|
(489)
|
(477)
|
(461)
|
(445)
|
|
Depreciation & Amortization |
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
Other Operating Expenses |
(7)
|
(221)
|
(708)
|
(1 163)
|
(1 662)
|
(2 282)
|
(2 627)
|
(2 981)
|
(3 360)
|
(2 972)
|
(2 596)
|
(2 204)
|
(1 769)
|
|
Operating Income |
(7)
N/A
|
(126)
-1 725%
|
(308)
-144%
|
(455)
-48%
|
(637)
-40%
|
(606)
+5%
|
(526)
+13%
|
(451)
+14%
|
(371)
+18%
|
(333)
+10%
|
(278)
+17%
|
(244)
+12%
|
(183)
+25%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
0
|
84
|
(51)
|
63
|
63
|
(9)
|
125
|
9
|
9
|
(3)
|
(2)
|
(0)
|
(5)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
23
|
0
|
19
|
17
|
(26)
|
|
Total Other Income |
0
|
(14)
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(7)
N/A
|
(55)
-724%
|
(373)
-575%
|
(405)
-9%
|
(588)
-45%
|
(615)
-5%
|
(402)
+35%
|
(442)
-10%
|
(339)
+23%
|
(336)
+1%
|
(261)
+22%
|
(227)
+13%
|
(213)
+6%
|
|
Net Income | ||||||||||||||
Income from Continuing Operations |
(7)
|
(55)
|
(373)
|
(405)
|
(588)
|
(615)
|
(402)
|
(442)
|
(339)
|
(336)
|
(261)
|
(227)
|
(213)
|
|
Net Income (Common) |
(7)
N/A
|
(55)
-724%
|
(373)
-575%
|
(405)
-9%
|
(588)
-45%
|
(615)
-5%
|
(402)
+35%
|
(442)
-10%
|
(339)
+23%
|
(336)
+1%
|
(261)
+22%
|
(227)
+13%
|
(213)
+6%
|
|
EPS (Diluted) |
-0.07
N/A
|
-0.14
-100%
|
-0.91
-550%
|
-0.97
-7%
|
-1.42
-46%
|
-1.29
+9%
|
-0.84
+35%
|
-0.92
-10%
|
-0.71
+23%
|
-0.71
N/A
|
-0.55
+23%
|
-0.48
+13%
|
-0.44
+8%
|