Financial Statements

Clover Health Investments, Corp. (CLOV)


-0.04 (-4.30%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019
Retained Earnings (Previous Year) -1,617-7-0-
Net Income -339-588-7-364
Stock Dividends --1,022-364
Dividend Paid ----
Retained Earnings -1,956-1,617-7-0

PPE Schedule

Year 2022 2021 2020 2019
Gross PPE 8---
Annual Depreciation 78-0
Capital Expenditure -4-1--0
Net PPE 108--

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) ----
New Purchases -506--876-370
Intangible and Goodwill ----

Clover Health Investments, Corp. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Clover Health Investments, Corp. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.