Hippo reports H1 2021 net loss $279.8M, cash burn, auditor change post-merger

Hippo Holdings Inc.

2022-Q2 EPS reported -$2.88 revenue$37,900,000

Net loss attributable to Hippo of $279.8M for six months ended June 30, 2021; revenue $37.9M.
Cash and cash equivalents $364.1M as of June 30, 2021, down from $452.3M at Dec 31, 2020.
Dismissed WithumSmith+Brown as auditor and appointed Ernst & Young effective Aug 16, 2021.
No disagreements with Withum on accounting principles or reportable events during tenure.
Adopted new Code of Business Conduct and Ethics effective Aug 2, 2021.

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