Tiptree Inc. (TIPT)

USD 21.57

(-4.18%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 1.64 Billion 1.39 Billion 1.2 Billion 810.3 Million 772.72 Million 625.82 Million
Cost of Revenue 179.07 Million 182.65 Million 207.32 Million 172.73 Million 129.47 Million 414.55 Million
Gross Profit 1.46 Billion 1.21 Billion 995.12 Million 637.56 Million 643.24 Million 211.27 Million
Operating Expenses 395.96 Million 1.16 Billion -1.18 Billion -904.99 Million -805.23 Million 204.05 Million
Selling, General and Administrative Expenses 194.94 Million 182.65 Million 288.27 Million 172.73 Million 129.47 Million 113.55 Million
Research and Development Expenses - - - - - -
Other Expenses - 840.36 Million -1.47 Billion -1.07 Billion -934.71 Million -21.32 Million
Cost and Expenses 1.39 Billion 1.34 Billion 1.13 Billion 849.15 Million 743.58 Million 645.62 Million
Operating Income 1.07 Billion 50.24 Million 13.1 Million -94.69 Million -32.51 Million 45.03 Million
Interest Expense 27.69 Million 30.24 Million 37.67 Million 32.58 Million 27.05 Million 27.01 Million
Income Tax Expense 43.05 Million 50.45 Million 21.29 Million -13.62 Million 9.01 Million -5.9 Million
Earnings before Tax 83.05 Million 54.01 Million 65.34 Million -38.85 Million 29.13 Million -19.79 Million
Net Income 13.95 Million 3.56 Million 38.13 Million -25.22 Million 18.36 Million 23.93 Million
Earnings Per Share Basic 0.34 0.10 1.15 -0.74 0.53 0.69
Earnings Per Share Diluted 0.33 0.10 1.13 -0.74 0.50 0.69
Weighted Average Shares Outstanding 36.69 Million 35.53 Million 33.22 Million 33.85 Million 34.57 Million 34.71 Million
Weighted Average Shares Outstanding (Diluted) 37.61 Million 35.53 Million 33.68 Million 33.85 Million 34.57 Million 34.71 Million
Gross Margin 0.89 0.87 0.83 0.79 0.83 0.34
EBIT Margin 0.08 0.05 0.03 -0.10 -0.02 0.03
Profit Margin 0.01 0.00 0.03 -0.03 0.02 0.04
EBITDA 134.21 Million 77.17 Million 127.45 Million 11.3 Million 63.41 Million 57.63 Million
Earnings Before Tax Margin 0.65 0.04 0.01 -0.12 -0.04 0.07

Income Statement Charts

Created with Highcharts 11.1.0Value in USDRevenue Vs Earnings TrendRevenueEarnings2020202120222023-500M0500M1 000M1 500M2 000M
Created with Highcharts 11.1.0Value in USDIncome DistributionRevenueGross ProfitOperating IncomeNet Income2020202120222023-500M0500M1 000M1 500M2 000M