Lemonade Inc
NYSE:LMND
Income Statement
Income Statement
Lemonade Inc
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 |
55
|
73
|
93
|
91
|
89
|
107
|
127
|
147
|
167
|
204
|
248
|
295
|
345
|
381
|
405
|
|
Revenue |
56
N/A
|
74
+32%
|
94
+28%
|
92
-3%
|
90
-2%
|
108
+20%
|
128
+19%
|
149
+16%
|
171
+15%
|
209
+22%
|
257
+23%
|
308
+20%
|
362
+18%
|
403
+11%
|
430
+7%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(113)
|
(161)
|
(215)
|
(224)
|
(255)
|
(307)
|
(362)
|
(407)
|
(441)
|
(504)
|
(552)
|
(595)
|
(650)
|
(661)
|
(660)
|
|
Selling, General & Administrative |
(59)
|
(92)
|
(125)
|
(133)
|
(160)
|
(189)
|
(213)
|
(238)
|
(248)
|
(263)
|
(258)
|
(255)
|
(251)
|
(236)
|
(221)
|
|
Depreciation & Amortization |
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(10)
|
|
Benefits Claims Loss Adjustment |
(46)
|
(56)
|
(64)
|
(69)
|
(63)
|
(76)
|
(95)
|
(108)
|
(128)
|
(169)
|
(210)
|
(255)
|
(308)
|
(334)
|
(337)
|
|
Policy Acquisition Expense |
0
|
0
|
(5)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
|
Other Operating Expenses |
(8)
|
(13)
|
(19)
|
(23)
|
(33)
|
(42)
|
(52)
|
(62)
|
(65)
|
(73)
|
(80)
|
(85)
|
(91)
|
(91)
|
(89)
|
|
Operating Income |
(57)
N/A
|
(87)
-54%
|
(121)
-38%
|
(133)
-10%
|
(165)
-24%
|
(199)
-20%
|
(234)
-18%
|
(258)
-10%
|
(270)
-5%
|
(295)
-9%
|
(295)
+0%
|
(287)
+3%
|
(288)
0%
|
(258)
+10%
|
(230)
+11%
|
|
Pre-Tax Income | ||||||||||||||||
Pre-Tax Income |
(57)
N/A
|
(87)
-54%
|
(121)
-38%
|
(133)
-10%
|
(165)
-24%
|
(199)
-20%
|
(234)
-18%
|
(258)
-10%
|
(270)
-5%
|
(295)
-9%
|
(295)
+0%
|
(287)
+3%
|
(288)
0%
|
(258)
+10%
|
(230)
+11%
|
|
Net Income | ||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(2)
|
(5)
|
(6)
|
(8)
|
(9)
|
(9)
|
(9)
|
(3)
|
(2)
|
(0)
|
0
|
(7)
|
|
Income from Continuing Operations |
(58)
|
(88)
|
(122)
|
(135)
|
(169)
|
(205)
|
(241)
|
(267)
|
(279)
|
(304)
|
(298)
|
(289)
|
(288)
|
(258)
|
(237)
|
|
Net Income (Common) |
(58)
N/A
|
(88)
-54%
|
(122)
-38%
|
(135)
-10%
|
(169)
-26%
|
(205)
-21%
|
(241)
-18%
|
(267)
-11%
|
(279)
-5%
|
(304)
-9%
|
(298)
+2%
|
(289)
+3%
|
(288)
+0%
|
(258)
+10%
|
(237)
+8%
|
|
EPS (Diluted) |
-1.31
N/A
|
-1.63
-24%
|
-3.63
-123%
|
-2.23
+39%
|
-2.75
-23%
|
-3.32
-21%
|
-3.94
-19%
|
-4.33
-10%
|
-4.53
-5%
|
-4.55
0%
|
-4.59
-1%
|
-4.16
+9%
|
-4.14
+0%
|
-3.69
+11%
|
-3.4
+8%
|