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.
22.14 USD
1.2 (5.42%)
TIPT Financial Statements
Year
2024
2023
2022
2021
Total Revenue
2.04B
1.65B
1.4B
1.2B
Cost of Revenue
204.35M
1.2B
182.66M
207.32M
Gross Profit
1.84B
444.2M
1.22B
995.12M
Operating Expenses
405.19M
395.97M
1.16B
-1.19B
Research and Development
0
0
0
0
Selling, General & Administrative Expenses
405.19M
261.32M
182.66M
288.27M
Selling & Marketing Expenses
0
0
0
0
General & Administrative Expenses
405.19M
261.32M
182.66M
288.27M
Other Expenses
0
0
840.36M
-1.48B
Operating Income
1.43B
249.26M
50.25M
13.11M
Total Other Income/Expenses Net
-1.28B
-166.21M
-133.35M
-667.33M
Income Before Tax
149.32M
83.05M
54.01M
65.34M
Income Tax
61.65M
43.06M
50.45M
21.29M
Net Income
53.37M
13.95M
3.56M
38.13M
Basic EPS
1.44
0.34
0.1
1.15
EPS Diluted
1.3
0.33
0.1
1.13
Basic Average Shares
36.87M
36.69M
35.53M
33.22M
Diluted Average Shares
37.93M
37.62M
35.53M
33.69M
EBITDA
168.92M
134.21M
77.17M
127.45M
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.
