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
Quarter
2025 Q1
2024 Q4
2024 Q3
2024 Q2
Total Revenue
496.7M
503.6M
494.36M
541.61M
Cost of Revenue
54.36M
0
52.34M
49.92M
Gross Profit
442.34M
503.6M
442.03M
491.69M
Operating Expenses
471.35M
461.4M
95.36M
258.97M
Research and Development
0
0
0
0
Selling, General & Administrative Expenses
80.7M
75.81M
95.36M
70.81M
Selling & Marketing Expenses
-16.59M
-17.69M
0
0
General & Administrative Expenses
97.3M
93.5M
95.36M
70.81M
Other Expenses
0
0
0
-258.97M
Operating Income
25.35M
42.19M
346.67M
390.91M
Total Other Income/Expenses Net
0
0
-309.88M
-350.26M
Income Before Tax
25.35M
42.19M
36.78M
40.65M
Income Tax
12.38M
12.85M
16.31M
18.67M
Net Income
5.63M
19.55M
11.91M
12.85M
Basic EPS
0.15
0.56
0.3
0.35
EPS Diluted
0.13
0.55
0.29
0.31
Basic Average Shares
37.35M
36.87M
36.79M
36.79M
Diluted Average Shares
38.45M
37.93M
37.82M
37.75M
EBITDA
40.59M
55.92M
49.79M
54.12M
Retained Earning Schedule
Quarter
2025 Q1
2024 Q4
2024 Q3
2024 Q2
Retained Earnings (Previous Year)
95.72M
87.81M
78.11M
67.49M
Net Income
5.63M
19.55M
11.91M
12.85M
Stock Repurchases
0
0
0
0
Dividend Paid
-3.88M
-13.25M
-3.82M
-3.93M
Retained Earnings
99.09M
95.72M
87.81M
78.11M
Other Distributions
-504k
-5.34M
5.87M
6.7M
PPE Schedule
Quarter
2025 Q1
2024 Q4
2024 Q3
2024 Q2
Gross PPE
0
0
56.27M
58.31M
Annual Depreciation
4.88M
5.4M
5.39M
5.29M
Capital Expenditure
-1.12M
-1.8M
-536k
-906k
Net PPE
-3.76M
-3.6M
51.41M
53.92M
Intangible and Goodwill Schedule
Quarter
2025 Q1
2024 Q4
2024 Q3
2024 Q2
Acquisitions and Adjustments
-210k
-1.86M
2.59M
44k
Goodwill (Previous Year)
206.71M
208.56M
205.97M
205.93M
Goodwill
206.5M
206.71M
208.56M
205.97M
All figures are in USD.
