NASDAQ$TIPT

Tiptree Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported a decrease in revenues due to net unrealized losses on investments, but excluding these losses, revenues and Operating EBITDA increased, driven by Tiptree Insurance performance.

Tiptree Inc. reported a decrease in revenues of $129.7 million, primarily due to net unrealized losses of $83.9 million on investments. However, excluding these losses, revenues increased by 18.7%, and Operating EBITDA increased by 25.4%. The company's book value per share decreased by 15.2% to $9.73, and a dividend of $0.04 per share was declared.

  • Revenues decreased by 29.5% to $129.7 million, mainly due to net unrealized losses of $83.9 million.
  • Excluding net unrealized losses, revenues increased by 18.7%.
  • Operating EBITDA increased by 25.4% to $15.8 million, driven by Tiptree Insurance.
  • Book value per share decreased by 15.2% to $9.73 due to unrealized mark-to-market losses.

Headline financials

Total Revenue

$130M

Previous: $184M-29.5%
EPS (adj)

-$1.74

Previous: $0.11-1681.8%
Book Value Per Share

$9.73

Previous: $11.12-12.5%
Capital Expenditures

-$1.46M

Previous: -$3.23M+55.0%
Free Cash Flow

-$61.5M

Previous: $694K-8956.2%
Net Income

-$60M

Previous: $3.93M-1628.8%
Operating Income

-$126M

Previous: -$29.7M-323.3%
Gross Profit

-$73.4M

Previous: $14.1M-622.5%
Cash & Equivalents

$109M

Previous: $88.1M+23.5%
Total Assets

$2.42B

Previous: $1.81B+33.5%
Stock-Based Comp

$1.62M

Previous: $1.41M+14.8%

Revenue & EPS history

Tiptree · Revenue · Quarterly

$130M

Q1 2020-29.5%vs Q1 2019

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.6%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+5.9%

Avg return

30 days after

59%

32 / 54 earnings

Positive

+12.7%

Q3 2023

Best reaction

-11.4%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%-0.2%+6.7%
Q4 2025-1.8%-2.1%-0.5%
Q3 2025-0.2%+3.9%+6.6%
Q1 2025+0.8%+2.0%+5.7%
Q3 2024+3.6%+3.8%+15.7%
Q2 2024-8.8%-12.8%-0.9%
Q1 2024+3.4%+4.2%+9.7%
Q4 2023-1.4%-5.1%-2.6%
Q3 2023+12.7%+13.7%+24.7%
Q2 2023+7.9%+8.6%+19.8%
Q1 2023-5.2%-8.3%-1.6%
Q4 2022-0.2%-3.8%-9.6%
Q3 2022-1.7%+1.9%+11.8%
Q2 2022+6.6%+10.3%+6.8%
Q1 2022-6.0%-10.0%-5.8%
Q4 2021+10.1%+4.9%+3.1%
Q3 2021+3.5%+1.1%-23.5%
Q2 2021+9.0%+5.6%+4.8%
Q1 2021+9.9%+9.3%+7.6%
Q4 2020+3.8%+38.4%+79.3%
Q3 2020+0.6%+5.5%+4.5%
Q2 2020+2.1%+9.9%+3.1%
Q1 2020+3.9%-4.0%+10.7%
Q4 2019-11.4%-0.2%+0.2%
Q3 2019+1.2%+7.1%+6.7%
Q2 2019-2.7%-2.5%+2.5%
Q1 2019+5.1%+7.5%+12.5%
Q4 2018+6.9%+7.6%+8.8%
Q3 2018-1.0%-3.4%-7.9%
Q2 2018+2.3%+3.1%+1.6%
Q1 2018+0.0%+0.0%+0.8%
Q4 2017+4.9%+4.9%+5.7%
Q3 2017-6.9%-6.1%-3.8%
Q2 2017-1.5%-4.5%-11.4%
Q1 2017-5.3%-7.5%+6.0%
Q4 2016+3.9%+1.6%+6.2%
Q3 2016+0.8%+5.0%+11.8%
Q2 2016+2.7%-0.6%+9.4%
Q4 2015+6.5%
Q2 2015+5.0%
Q3 2014-3.1%
Q1 2014+7.3%
Q2 2013-2.8%
Q4 2013-2.8%
Q3 2013+4.4%
Q1 2013+3.7%
Q4 2012+0.0%
Q3 2012+0.0%
Q2 2012+1.5%
Q4 2011+5.8%
Q1 2011+5.8%
Q1 2012+3.0%
Q3 2011+0.0%
Q2 2011+0.0%

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