Vericity Inc
NASDAQ:VERY
Income Statement
Income Statement
Vericity Inc
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | 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 | ||||||||||||||||||||||
Gross Premiums Earned |
110
|
111
|
116
|
119
|
118
|
126
|
125
|
128
|
135
|
136
|
144
|
149
|
159
|
156
|
155
|
154
|
147
|
153
|
154
|
157
|
161
|
|
Revenue |
124
N/A
|
127
+3%
|
131
+3%
|
134
+2%
|
135
+1%
|
138
+2%
|
139
+0%
|
141
+1%
|
148
+5%
|
154
+4%
|
161
+5%
|
166
+3%
|
176
+6%
|
174
-1%
|
172
-1%
|
170
-1%
|
163
-4%
|
168
+3%
|
169
+1%
|
173
+2%
|
175
+1%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(140)
|
(146)
|
(149)
|
(157)
|
(156)
|
(162)
|
(168)
|
(164)
|
(175)
|
(178)
|
(179)
|
(187)
|
(194)
|
(190)
|
(190)
|
(188)
|
(187)
|
(188)
|
(185)
|
(192)
|
(188)
|
|
Selling, General & Administrative |
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Benefits Claims Loss Adjustment |
(57)
|
(60)
|
(62)
|
(65)
|
(62)
|
(66)
|
(71)
|
(71)
|
(78)
|
(79)
|
(75)
|
(78)
|
(78)
|
(71)
|
(68)
|
(67)
|
(68)
|
(69)
|
(66)
|
(71)
|
(68)
|
|
Policy Acquisition Expense |
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(11)
|
(12)
|
(13)
|
(14)
|
(16)
|
(16)
|
(15)
|
(18)
|
(20)
|
(20)
|
(21)
|
(18)
|
(17)
|
(16)
|
(15)
|
(14)
|
|
Other Operating Expenses |
(69)
|
(71)
|
(71)
|
(76)
|
(77)
|
(82)
|
(82)
|
(77)
|
(80)
|
(80)
|
(84)
|
(90)
|
(95)
|
(97)
|
(98)
|
(97)
|
(98)
|
(98)
|
(100)
|
(103)
|
(104)
|
|
Operating Income |
(16)
N/A
|
(18)
-12%
|
(18)
+4%
|
(23)
-29%
|
(21)
+11%
|
(24)
-18%
|
(29)
-20%
|
(23)
+20%
|
(27)
-17%
|
(25)
+10%
|
(18)
+27%
|
(21)
-14%
|
(17)
+16%
|
(16)
+6%
|
(18)
-8%
|
(17)
+2%
|
(23)
-35%
|
(20)
+15%
|
(15)
+23%
|
(20)
-29%
|
(14)
+32%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
3
|
|
Pre-Tax Income |
(16)
N/A
|
(18)
-12%
|
(17)
+4%
|
(23)
-30%
|
(20)
+11%
|
(24)
-19%
|
(29)
-20%
|
(23)
+20%
|
(27)
-18%
|
(25)
+10%
|
(18)
+27%
|
(21)
-14%
|
(17)
+17%
|
(16)
+5%
|
(17)
-8%
|
(17)
+1%
|
(23)
-32%
|
(18)
+19%
|
(13)
+27%
|
(17)
-29%
|
(11)
+38%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
2
|
1
|
1
|
1
|
1
|
2
|
3
|
3
|
2
|
2
|
1
|
1
|
0
|
(0)
|
(0)
|
0
|
2
|
2
|
1
|
2
|
1
|
|
Income from Continuing Operations |
(14)
|
(17)
|
(16)
|
(22)
|
(19)
|
(22)
|
(26)
|
(21)
|
(25)
|
(23)
|
(17)
|
(19)
|
(17)
|
(16)
|
(17)
|
(17)
|
(21)
|
(17)
|
(12)
|
(15)
|
(10)
|
|
Net Income (Common) |
(14)
N/A
|
(17)
-22%
|
(16)
+3%
|
(22)
-35%
|
(19)
+12%
|
(22)
-12%
|
(26)
-19%
|
(21)
+20%
|
(25)
-22%
|
(23)
+10%
|
(17)
+25%
|
(19)
-14%
|
(17)
+13%
|
(16)
+3%
|
(17)
-7%
|
(17)
+3%
|
(21)
-21%
|
(17)
+19%
|
(12)
+26%
|
(15)
-23%
|
(10)
+35%
|
|
EPS (Diluted) |
-0.93
N/A
|
-1.13
-22%
|
-1.09
+4%
|
-1.47
-35%
|
-1.3
+12%
|
-1.45
-12%
|
-1.74
-20%
|
-1.39
+20%
|
-1.68
-21%
|
-1.52
+10%
|
-1.14
+25%
|
-1.3
-14%
|
-1.12
+14%
|
-1.1
+2%
|
-1.18
-7%
|
-1.14
+3%
|
-1.38
-21%
|
-1.13
+18%
|
-0.84
+26%
|
-1.04
-24%
|
-0.67
+36%
|