secwatch.observer — SEC 8-K summary
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Issuer:     Hippo Holdings Inc. (HIPO)
CIK:        0001828105
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001828105-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hippo reports Q4 revenue $64M (+80% YoY), net loss $42M; guides to positive Adj EBITDA in Q4 2024
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- Q4 revenue $64M, up 80% YoY; full-year revenue $210M, up 75%.
- Full-year TGP $1.14B, up 40% YoY; IaaS and Services now 77% of TGP mix.
- HHIP accident period loss ratio improved 24pp to 64% in Q4; non-PCS loss ratio 59%.
- Q4 GAAP net loss $42M (down 33%) and Adj EBITDA loss $22M (down 53%).
- 2024 guidance: TGP >$1.3B, revenue >$340M, Adj EBITDA loss $41-51M, positive Adj EBITDA in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828105/000182810524000005/0001828105-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828105/000182810524000005/hippo-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001828105-24-000005

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