earnings
confidence high
sentiment positive
materiality 0.75
BRP Group Q3 revenue $135.6M (+106% YoY); organic growth 26%; GAAP loss $0.28/share
Baldwin Insurance Group, Inc.
2022-Q3 EPS reported
-$0.18
- Revenue $135.6M, up 106% YoY; organic revenue growth 26%.
- GAAP net loss $24.2M ($0.28 loss per share); adjusted net income $11.5M ($0.11 adj diluted EPS).
- Adjusted EBITDA $19.6M, up 79% YoY; Adjusted EBITDA margin 14%.
- MGA of the Future revenue $25.9M, up 48% YoY; policies in force grew 56,651 to 661,946.
- Closed 5 acquisitions in Q3 (~$63.9M pre-acquisition revenue) and 2 post-Q3 (~$63.0M).