secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001781755-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRP Group Q3 revenue up 18% to $306.3M, adjusted EBITDA up 53% to $64M
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- Revenue $306.3M (+18% YoY); organic revenue growth 19%.
- GAAP net loss $32.0M ($0.29 diluted loss per share); Adjusted Net Income $33.8M ($0.29 adjusted diluted EPS).
- Adjusted EBITDA $64.0M (+53% YoY); margin 21%, up 480 bps from 16%.
- Cash from operations grew $39M YoY despite $36M higher interest; leverage at 4.8x.
- Nine-month revenue $933.9M (+27% YoY); adjusted EBITDA $204.6M (+30%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000178175523000040/0001781755-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000178175523000040/brp-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001781755-23-000040

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