NASDAQ$TIPT

Tiptree Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Tiptree's financial performance reflected growth in revenues and adjusted net income, driven by insurance and shipping operations, though offset by declines in mortgage income and lower investment performance.

Tiptree Inc. reported a mixed Q4 2021, with revenues increasing by 24.1% but a net loss of $0.4 million compared to a net income of $14.3 million in Q4 2020. Adjusted net income saw a slight increase of 4.1%, driven by growth in insurance and shipping operations. The company's insurance segment, Fortegra, continued to perform strongly, while mortgage income declined.

  • Revenues increased by 24.1% compared to Q4 2020, reaching $319.5 million.
  • Net loss was $0.4 million, a decline from the $14.3 million net income in Q4 2020.
  • Adjusted net income increased by 4.1% to $16.9 million, driven by insurance and shipping.
  • Corporate expenses increased due to higher stock-based compensation expense.

Headline financials

Total Revenue

$320M

Previous: $257M+24.1%
EPS (adj)

-$0.01

Previous: $0.40-102.5%
Capital Expenditures

$661K

Previous: $1.99M-66.7%
Free Cash Flow

$17.6M

Previous: $70M-74.8%
Net Income

-$426K

Previous: $14.3M-103.0%
Operating Income

$10.9M

Previous: $24.6M-55.7%
Gross Profit

$320M

Previous: $257M+24.1%
Cash & Equivalents

$176M

Previous: $137M+28.3%
Total Assets

$3.6B

Previous: $3B+20.1%
Stock-Based Comp

$7.41M

Previous: $1.96M+278.4%

Revenue & EPS history

Tiptree · Revenue · Quarterly

$320M

Q4 2021+24.1%vs Q4 2020

Forward guidance

Tiptree expects to continue growing its businesses and achieving superior results for its shareholders, with a focus on increasing the share price to reflect the company's intrinsic value.

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 Q4 2021

Historical avgQ4 2021

+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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