secwatch.observer — SEC 8-K summary
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Issuer:     TIPTREE INC. (TIPT)
CIK:        0001393726
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001393726-23-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tiptree reports record $1.4B revenue for 2022; net loss of $8.3M vs $38.1M profit in 2021
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- Q4 revenues $369.5M (+15.6% YoY); full-year revenues $1.40B (+16.4% YoY) to record high.
- Full-year GAAP net loss attributable to common of $8.3M (($0.23)/share) vs income $38.1M ($1.09/share) in 2021.
- Adjusted net income full-year $63.4M (flat YoY); adjusted ROE 13.6% vs 16.5% in 2021.
- Book value per share fell to $10.92 from $11.22 a year ago.
- Board declared a $0.05/share dividend (25% increase from $0.04), payable March 27 to holders of record March 20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393726/000139372623000026/0001393726-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393726/000139372623000026/tipt-20230308.htm
  HTML page:      https://secwatch.observer/filing/0001393726-23-000026

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