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If management can keep executing on the growth strategy, a $100 price tag isn't out of the question.
Q2 2025 Management View CEO Daniel Asher Schreiber highlighted "excellent" financial performance across key metrics, noting a ...
Lemonade reported an impressive 29% year-on-year growth in in-force premium (IFP) for the seventh consecutive quarter. The company also achieved a gross loss ratio of 67%, marking a 12-point ...
Lemonade also recently implemented a significant shift in its reinsurance strategy, reducing its cession rate from roughly 55 ...
LMND's second-quarter results reflect higher in-force premiums, improved underwriting results, and net investment income, offset by escalating expenses.
Lemonade's revenue grew 55% year over year to $114.5 million, helped by higher investment income and a 27% increase in gross earned premium (to $173.2 million).
Lemonade also has to maintain a low gross loss ratio, which represents the percentage of premiums it pays out as claims. It ...
Its gross loss ratio also dropped to its lowest levels in four years. It attributed that recovery to higher rates, the expansion of Lemonade Car, and its stable retention rates.
Lemonade's (NYSE: LMND) stock dipped 5% in after-hours trading Monday after the online insurer posted its third-quarter earnings and announced its plans to buy Metromile (NASDAQ: MILE), a ...
Lemonade also narrowed its quarterly net loss to $67.2 million, or $0.97 per share, from $1.10 per share a year earlier (also beating estimates for a per-share loss of $1.00).
As mentioned, Lemonade's financials are complex - and they changed the calculations for revenue and gross profit, meaning that the 36% YoY growth in 2021 is extremely skewed.
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