earnings
confidence high
sentiment neutral
materiality 0.75
Goosehead Q3 revenue up 38% to $57.7M, net income down 43% to $3.0M
Goosehead Insurance, Inc.
2022-Q3 EPS reported
$0.00
revenue$151,987,000
- Core revenue (non-GAAP) grew 39% to $51.9M; total written premiums +42% to $616M.
- Adjusted EBITDA rose 67% to $11.0M; margin expanded 320 bps to 19%.
- Net income fell to $3.0M ($0.09 GAAP EPS) vs $5.3M a year ago; adjusted EPS $0.24.
- Operating franchises increased 23% to 1,403; corporate sales headcount fell 18% to 411.
- FY2022 guidance: total written premiums $2.176-2.215B; total revenue $194-205M; contingent commissions $7-10M.