secwatch.observer — SEC 8-K summary
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Issuer:     TRUPANION, INC. (TRUP)
CIK:        0001371285
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001371285-22-000255
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trupanion Q3 net loss widens to $12.9M; acquires PetExpert for European expansion
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- Total revenue $233.8M (+29% YoY); subscription revenue $152.4M (+20%).
- Net loss $(12.9)M ($0.32/shr) vs $(6.8)M loss in Q3 2021; adjusted EBITDA $(0.9)M vs $2.2M.
- Operating cash flow $(2.3)M and free cash flow $(6.4)M, down from positive prior year.
- Signs definitive agreement to acquire Royal Blue s.r.o (PetExpert) in Czech Republic and Slovakia; close expected Q4 2022.
- Director Eric Johnson resigns from board effective Jan 1, 2023; no disagreement cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371285/000137128522000255/0001371285-22-000255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371285/000137128522000255/trup-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001371285-22-000255

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer