NASDAQ$EVER

EverQuote Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported strong Q4 2019 results with revenue growth and increased variable marketing margin.

EverQuote announced strong Q4 2019 financial results, with an 86% increase in revenue compared to the previous year, driven by growth across all verticals and a 113% increase in variable marketing margin. The company reported a GAAP net loss of $0.9 million and an adjusted EBITDA of $4.2 million. For the full year 2019, revenue increased by 52% and the company achieved Adjusted EBITDA profitability.

  • Total revenue increased by 86% year-over-year to $73.8 million.
  • Variable Marketing Margin increased by 113% year-over-year to $21.8 million.
  • Automotive insurance vertical revenue increased by 78% to $60.2 million.
  • Revenue from other insurance verticals increased by 130% to $13.6 million.

Headline financials

Total Revenue

$73.8M

Previous: $39.8M+85.5%
EPS (adj)

-$0.04

Previous: -$0.28+85.7%
Adjusted EBITDA

$4.22M

Previous: -$3.48M+221.1%
Net Income

-$934K

No prior period
Operating Income

-$1.16M

No prior period
Gross Profit

$69.1M

No prior period
Cash & Equivalents

$46.1M

No prior period
Total Assets

$91.2M

No prior period
Stock-Based Comp

$3.46M

No prior period

Revenue & EPS history

EverQuote · Revenue · Quarterly

$73.8M

Q4 2019+85.5%vs Q4 2018
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Revenue by segment

EverQuote · $73.8M total across 2 segments · Q4 2019

  • Automotive
    $60.2M+77.8%
  • Other
    $13.6M+129.6%

Forward guidance

EverQuote anticipates Revenue, Variable Marketing Margin and Adjusted EBITDA to be in the following ranges:

Tailwinds

  • First quarter 2020 Revenue of $77.0 - $79.0 million.
  • First quarter 2020 Variable Marketing Margin of $22.0 - $23.5 million.
  • First quarter 2020 Adjusted EBITDA in the range of $2.0 - $3.5 million.
  • Full year 2020 Revenue of $315.0 - $325.0 million.
  • Full year 2020 Adjusted EBITDA in the range of $10.0 - $15.0 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+3.6%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+5.4%

Avg return

30 days after

61%

19 / 31 earnings

Positive

+63.0%

Q1 2026

Best reaction

-46.7%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026+63.0%+40.3%—
Q4 2025+1.2%+3.1%+3.8%
Q3 2025+8.3%+13.5%+23.9%
Q1 2025-12.0%-11.9%-6.6%
Q4 2024+27.1%+33.4%+39.4%
Q3 2024+4.6%+7.0%+7.4%
Q2 2024+7.9%-12.0%-10.5%
Q1 2024+16.3%+4.8%+6.7%
Q4 2023+5.4%-2.6%+12.1%
Q3 2023+10.4%+4.1%+29.1%
Q2 2023-17.5%-11.7%-10.7%
Q1 2023+3.3%+7.0%+32.0%
Q4 2022-20.1%-17.1%-21.8%
Q3 2022+0.7%+30.0%+77.3%
Q2 2022-6.9%+9.9%-17.2%
Q1 2022-12.4%-10.7%-36.2%
Q4 2021-5.0%-1.0%-9.6%
Q3 2021-8.6%-4.5%-8.6%
Q2 2021-16.7%-20.5%-35.2%
Q1 2021-1.5%-5.9%-5.7%
Q4 2020+3.3%+1.7%-27.2%
Q3 2020+10.1%+18.7%+9.6%
Q2 2020-25.6%-23.6%-31.5%
Q1 2020+27.4%+32.4%+53.0%
Q4 2019-14.2%-12.9%-37.8%
Q3 2019+28.4%+40.6%+70.9%
Q2 2019+40.7%+43.2%+60.1%
Q1 2019+17.4%+20.9%+30.3%
Q4 2018+19.3%+24.7%+28.9%
Q3 2018-46.7%-56.4%-52.6%
Q2 2018+4.8%+2.6%-12.5%
Q4 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———

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