FMP
Tiptree Inc.
TIPT
NASDAQ
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. The company also offers mortgage loans for institutional investors; and maritime shipping services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
21.04 USD
0.35 (1.66%)
TIPT Financial Statements
Year
2024
2023
2022
2021
CF from Operating Activities
240.76M
71.45M
463.07M
204.32M
Net Income
87.67M
40M
3.56M
44.05M
Depreciation & Amortization
21.65M
23.47M
22.97M
24.44M
Deferred Income Taxes
31.14M
37.02M
47.55M
17.73M
Stock Based Compensation
17.72M
8.28M
9.71M
11.13M
Change in Working Capital
0
-12.47M
-1.96B
-3.68B
Accounts Receivable
0
0
-295.25M
-152.83M
Inventory
0
0
0
-3.71B
Accounts Payable
-100.52M
238.5M
39.53M
40.91M
Other Working Capital
-602.48M
-250.98M
-1.71B
135.65M
Other Non-Cash Items
82.57M
-24.84M
2.34B
3.79B
CF from Investing Activities
-322.99M
-244.67M
9.51M
-273.76M
Investments in Property, Plant & Equipment
-4.03M
-14.03M
-10.73M
-2.76M
Net Acquisitions
0
-19.73M
-14.96M
258k
Investment Purchases
-955.3M
-1.49B
-1.2B
-1.43B
Sales/Maturities of Investments
642.82M
1.3B
1.26B
1.17B
Other Investing Activites
-6.48M
-15.02M
-28.01M
-12.42M
CF from Financing Activities
6.29M
113.41M
-115.19M
73.73M
Debt Repayment
30.6M
143.41M
-300.78M
90.94M
Common Stock Issued
0
0
98.43M
0
Common Stock Repurchased
0
0
-1.73M
-8.14M
Dividends Paid
-24.82M
-13.73M
-7.78M
-5.41M
Other Financing Activites
501k
-16.27M
96.66M
-3.65M
Free Cash Flow
236.72M
57.42M
452.35M
201.55M
Operating Cash Flow
240.76M
71.45M
463.07M
204.32M
Capital Expenditures
-4.03M
-14.03M
-10.73M
-2.76M
Cash at Beginning of Period
492.56M
550.85M
204.45M
200.15M
Cash at End of Period
416.26M
492.56M
550.85M
195.09M
Net Change In Cash
-76.3M
-58.29M
346.4M
-5.07M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
60.66M
54.11M
68.15M
35.42M
Net Income
53.37M
13.95M
3.56M
38.13M
Stock Repurchases
0
0
-1.73M
-8.14M
Dividend Paid
-24.82M
-13.73M
-7.78M
-5.41M
Retained Earnings
95.72M
60.66M
54.11M
68.15M
Other Distributions
10.24M
-7.18M
-23.54M
19.17M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
0
61.09M
53.33M
38.75M
Annual Depreciation
21.65M
23.47M
22.97M
24.44M
Capital Expenditure
-4.03M
-14.03M
-10.73M
-2.76M
Net PPE
-17.62M
51.66M
41.08M
17.07M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
551k
19.55M
7.5M
-133k
Goodwill (Previous Year)
206.16M
186.61M
179.1M
179.24M
Goodwill
206.71M
206.16M
186.61M
179.1M
All figures are in USD.
