{"filings":[{"id":94723,"accession_number":"0001691421-26-000029","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q1 2026 IFP up 32%, Gross Profit +159% YoY, Adj. EBITDA Loss Narrows to $17M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["In Force Premium reached $1.33B, up 32% YoY; revenue $258M, up 71% YoY.","Gross profit $100M, up 159% YoY; Adj. EBITDA loss ($17M), 64% improvement.","Net loss ($36M), 43% improvement; Adj. Free Cash Flow $17M from ($31M) a year ago.","Pet insurance IFP surpassed $500M; Car IFP grew 60% YoY, fastest growth rate.","Guidance raised: FY 2026 IFP growth 33%, Adj. EBITDA loss improved to ($51)-($47)M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":258000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107313,"accession_number":"0001691421-26-000006","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2026-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q4 2025: IFP $1.24B (+31%), revenue $228M (+53%), Adj. EBITDA loss narrows to $5M; guides FY26 IFP growth 32%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue $228M (+53% YoY); GAAP net loss $22M improves 28%; gross profit $111M (+73%) with gross loss ratio 52%.","In Force Premium $1.237B (+31%); total customers 2.98M (+23%); premium per customer $414 (+7%).","Adjusted EBITDA loss $5M, improving $19M YoY; Adj. free cash flow $37M, operating cash flow $21M.","FY 2026 guidance: IFP growth 32% (up 200bps from prior view); Adj. EBITDA loss ($52M)-($48M) (>50% improvement); expects positive Adj. EBITDA in Q4 2026.","Segment highlights: Pet IFP $439M (+55%), Europe IFP $60M (+150%), Car IFP $187M (+53%) with loss ratio improvements of 1pt, 16pts, 23pts respectively."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":737900000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107312,"accession_number":"0001691421-26-000003","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Lemonade's Metromile-related warrants expire Feb 9; trading suspended after Feb 5","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 7,846,646 warrants with exercise price $218.51 from 2021 Metromile merger.","Warrants expire Monday, February 9, 2026 at 5:00 PM Eastern Time.","NYSE will suspend trading of LMND.WS after market close on February 5, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123671,"accession_number":"0001691421-25-000146","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q3 IFP growth accelerates to 30%; gross profit more than doubles YoY to $80M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["IFP $1,158M (+30% YoY); eighth consecutive quarter of accelerating growth; Car IFP $163M (+40% YoY).","Gross profit $80M (+113% YoY); margin 41% (+14 pts); gross loss ratio 62% (+11 pts YoY, best ever).","Net loss $38M (improved 45%); Adj. EBITDA loss $26M (improved 48%); Adj. FCF +$18M, operating cash flow +$5M.","Raised FY25 guidance: IFP $1,218-1,223M, Adj. EBITDA loss ($130)-($127)M; expect positive Adj. EBITDA in Q4 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":509800000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123670,"accession_number":"0001691421-25-000142","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-10-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lemonade appoints Prashant Ratanchandani to Board as Class II director effective Oct 15, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mr. Ratanchandani joins as a Class II director with term expiring at 2028 annual meeting.","Receives annual cash retainer of $30,000, paid quarterly for board service.","Initial RSU award of $175,000 vests in equal annual installments over three years.","Annual RSU award of $150,000 granted after each annual meeting, vesting one year later.","No family relationships or material interests with other directors or officers disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123669,"accession_number":"0001691421-25-000138","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lemonade appoints Geoff Seeley to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointment effective October 6, 2025; Seeley serves as Class I director through 2027 annual meeting.","Eligible for standard non-employee director compensation: $30k annual cash retainer.","Initial RSU award of $175k vesting over 3 years; annual RSU award of $150k vesting in 1 year.","Entered into standard indemnification agreement; no family relationships or material interests."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140354,"accession_number":"0001691421-25-000120","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q2 IFP $1.08B (+29%), gross profit +109%, raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["IFP $1.08B (+29% YoY), 7th consecutive quarter of accelerating growth; revenue grew 35%.","Gross loss ratio 67% in Q2 (12 pts YoY improvement); TTM loss ratio 70%, down 3 pts sequentially.","Gross profit $64.3M (+109%), margin 39% (+14 pts); net loss ($44M) improved 23% YoY.","Car segment IFP +12% sequentially; gross loss ratio 82% (13 pts YoY improvement).","Raised FY2025 IFP/GEP/revenue guidance; reiterated Adj. EBITDA; expect positive Adj. FCF and Adj. EBITDA by end FY2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":315300000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140353,"accession_number":"0001691421-25-000108","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-07-02T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Lemonade reduces ceded quota share reinsurance from ~55% to ~20% effective July 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New reinsurance program effective July 1, 2025 through June 30, 2026 with Hannover and MAPFRE.","Ceded proportion reduced from approximately 55% to approximately 20% under quota share contracts.","Variable ceding commission rate expected to be roughly equivalent to the expiring agreements.","Other ancillary reinsurance programs expected to renew at terms roughly in line with expiring agreements.","Contracts to be filed as exhibits to Q2 2025 10-Q with confidential redactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158001,"accession_number":"0001691421-25-000081","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-06-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Lemonade holds 2025 annual meeting; elects directors, ratifies EY, approves say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["68.41% of voting power represented; Shai Wininger and Dr. Samer Haj-Yehia elected as Class II directors.","Wininger received 30,267,707 votes for, 4,925,086 withheld; Haj-Yehia 30,967,997 for, 4,224,797 withheld.","Ernst & Young ratified as independent auditor for FY2025 with 48,501,890 votes for, 193,927 against.","Advisory vote on named executive officer compensation passed with 33,871,425 for, 1,070,302 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158000,"accession_number":"0001691421-25-000062","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q1 2025: IFP crosses $1B (+27% YoY); Adj. EBITDA loss $47M in line with guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["In Force Premium $1,008M (+27% YoY); revenue $151.2M (+27%).","TTM gross loss ratio 73% (within target); Q1 loss ratio 78% due to California Wildfires (16 pts).","Net loss $62.4M ($0.86/share); Adj. EBITDA loss $47M, includes ~$22M wildfire impact.","FY2025 guidance: IFP growth 28% reiterated; Adj. EBITDA loss $140-135M; GEP raised to $1,028-1,031M.","Lemonade Car had first quarter where sequential IFP growth outpaced rest of book; state coverage >40%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":151200000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157999,"accession_number":"0001691421-25-000053","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-04-09T23:59:59+00:00","items":["1.02","8.01"],"status":"ready","headline":"Lemonade ends Chewy warrant deal; 190K driver's license numbers exposed","summary_kind":"llm","event_type":"cyber","confidence":"high","bullets":["Terminated warrant agreement with Chewy; 3,170,834 remaining shares cancelled, 181,191 previously exercised.","Agency agreement with Chewy remains in effect; omnibus agreement also terminated.","Data incident: ~190,000 driver's license numbers sent unencrypted via API call to third-party provider.","Company states operations not compromised and incident is not material; regulators notified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176393,"accession_number":"0001691421-25-000021","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-02-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade's best quarter ever: Q4 IFP $944M (+26%), gross loss ratio 63%, Adj. FCF $27M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY 2024: IFP $944M (+26% YoY), revenue +29%, gross profit nearly doubled to $167M, Adj. EBITDA loss ($150M) improved 13%.","Q4 2024: Gross profit $64M (+90% YoY), gross margin 43% (+14pts); Adj. EBITDA loss ($24M) improved 18%; net loss ($30M) improved 29%.","CA wildfires estimated to cause $45M gross losses in Q1 2025, $20M Adj. EBITDA impact; company maintains FY25 Adj. EBITDA loss guidance of ($140)-($135)M.","Pet insurance IFP $283M (+57% YoY); Synthetic Agent program extended to Dec 2026, $200M additional availability, net outstanding $83M.","FY25 guidance: IFP $1,203-1,208M (+28% growth), revenue $655-657M, Q1 Adj. EBITDA loss ($49)-($46)M including wildfire impact."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":526500000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176392,"accession_number":"0001691421-25-000010","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Lemonade expands customer investment financing to $200M for 2026 growth","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended customer investment agreement increases 2026 commitment from $140M to $200M for sales and marketing.","Investors provide up to 80% of Growth Spend; repayment continues until 16% IRR is achieved.","Previous agreement: up to $150M through Dec 2024 and $140M for 2025; new amendment covers 2026.","Financing backed by Reference Income from customer cohorts; retains standard representations and covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176391,"accession_number":"0001691421-25-000007","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Lemonade President confirms company has not yet reached $1B in-force premium","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Confirms Lemonade's in-force premium has not yet reached $1 billion as of January 2, 2025.","President and Co-Founder Shai Wininger made the disclosure in response to a Twitter post.","Filing does not provide an updated in-force premium figure or timeline to reach the milestone."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193246,"accession_number":"0001691421-24-000128","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q3 NCF positive $48M, IFP +24% to $889M, loss ratio improves 10pts to 73%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $136.6M (+19% YoY); gross profit $37.5M (+71% YoY) on higher premium and lower loss ratio.","Gross loss ratio 73% (down 10pts YoY); TTM gross loss ratio 77% (down 11pts), 5th consecutive sequential improvement.","Net cash flow positive $48M; operating cash flow $16M. Reiterates sustainable NCF positivity exiting 2024.","Net loss $68M (+10% YoY); Adj EBITDA loss $49M (+22% YoY) driven by 3x increase in growth spend.","Customer count up 17% to 2.3M; premium per customer $384 (+6%); ADR 87% (+2pts); headcount down 7% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":377700000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209610,"accession_number":"0001691421-24-000100","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q2 2024 turns net cash flow positive; loss ratio improves 15 pts to 79%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net cash flow positive in Q2; expects to remain positive except Q4 2024 due to seasonality.","In Force Premium $838.8M (+22% YoY); revenue $122.0M (+17%); gross loss ratio 79%.","Gross profit $30.8M (+155%); gross margin doubled to 25%; operating expense up 13%.","Adjusted EBITDA loss -$43M (-18% YoY); net loss -$57M (-15%).","Non-renewing CAT-exposed homeowners policies; IFP impact of $20-25M built into guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":241100000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227716,"accession_number":"0001691421-24-000073","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2024-06-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Lemonade holds 2024 annual meeting; all stockholder proposals approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Daniel Schreiber and Mwashuma Nyatta re-elected as Class I directors with 24.99M and 23.99M votes for, respectively.","Ratification of Ernst & Young as auditor for FY2024: 44.02M for, 268K against, 310K abstain.","Advisory vote on executive compensation approved: 24.58M for, 3.52M against, 257K abstain.","Approximately 46.6M shares voted, representing 66.15% of outstanding common stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227715,"accession_number":"0001691421-24-000054","cik":1691421,"company_name":"Lemonade, Inc.","ticker":"LMND","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lemonade Q1 2024: revenue +25%, net loss narrows to $47M; pushes cash-flow breakeven to year-end 2024","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["IFP $794M (+22% YoY), revenue $119M (+25%), gross profit $34.7M (+110%), gross loss ratio 79% (improved 8 pts YoY).","Net loss ($47.3M) vs ($65.8M) a year ago; adjusted EBITDA loss ($33.9M), improved 33% YoY.","Cash-flow breakeven target accelerated from H1 2025 to year-end 2024; expects positive cash flow by Q1 2025.","Customers 2.09M (+13%), premium per customer $379 (+8%), ADR 88% (+1 ppt). Headcount down 11% YoY.","Guidance: FY 2024 IFP $940-944M, revenue $511-515M, adj EBITDA loss ($155)-($151)M; Q2 IFP $839-841M, revenue $118-120M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.67,"consensus_revenue_estimate":null,"consensus_revenue_actual":119100000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4469049281.865619,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}