Trupanion Q1 revenue up 33% to $206M; adjusted EBITDA turns positive at $1.2M

TRUPANION, INC.

2022-Q1 EPS reported -$0.22 revenue$205,999,000

Total revenue $206M (+33% YoY); subscription revenue $139.8M (+23% YoY).
Net loss improved to $(8.9)M ($0.22 loss per share) from $(12.4)M in Q1 2021.
Adjusted EBITDA turned positive at $1.2M vs $(1.1)M in prior-year quarter.
Total enrolled pets 1,267,253 (+34% YoY); subscription pets 736,691 (+21%).
Operating cash flow $(3.6)M, free cash flow $(7.1)M.

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