secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001781755-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRP Group Q1 revenue $330.4M (+36% YoY); organic growth 23%
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- GAAP net loss $25.9M ($0.24 diluted loss); Adjusted Net Income $49.2M ($0.42 per share).
- Revenue grew 36% to $330.4M; organic revenue growth 23% YoY, highest Q1 organic rate to date.
- Adjusted EBITDA $79.0M with 24% margin; CEO cites moderating headcount growth and momentum.
- Cash and equivalents $81.3M; $115.0M borrowing capacity under revolver as of March 31.
- All segments posted double-digit organic growth; comps were 16% in prior-year Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000178175523000012/0001781755-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000178175523000012/brp-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001781755-23-000012

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