MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

CLOVER HEALTH INVESTMENTS, CORP. DE (CLOV)

For the quarter ending 2025-06-30, CLOV made $477,620K in revenue. -$10,327K in net income. Net profit margin of -2.16%.

Overview

Revenue
$477,620K
Net Income
-$10,327K
Net Profit Margin
-2.16%
Unit: Thousand (K) dollars
Revenue Breakdown
    • Net medical claims incurred
    • Salaries and benefits
    • General and administrative expen...
    • Other income

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Total revenues477,620 330,986 356,260
Restructuring costs- -538 473
Net medical claims incurred377,992 249,774 248,347
Salaries and benefits61,309 54,995 55,499
General and administrative expenses48,484 35,201 44,424
Depreciation and amortization394 339 330
Total operating expenses488,179 339,771 349,073
(loss) income from continuing operations-10,559 -8,785 7,187
Loss on investment- - -
Change in fair value of warrants19 - 17
Net (loss) income from continuing operations-10,578 -8,785 7,170
Net income from discontinued operations- -370 238
Net (loss) income-10,578 -9,155 7,408
Net unrealized gain on available-for-sale investments251 3,111 301
Comprehensive (loss) income-10,327 -6,044 7,709
Basic weighted average number of class a and class b common shares and common share equivalents outstanding (in shares)509,043,210 490,180,103 487,483,087
Diluted weighted average number of class a and class b common shares and common share equivalents outstanding (in shares)509,043,210 490,180,103 495,179,955
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Comprehensive (loss) income-$10,327K (-233.96%↓ Y/Y)Net unrealized gainon...$251K (-16.61%↓ Y/Y)Net (loss) income-$10,578K (-242.79%↓ Y/Y)General andadministrative expenses$47,693K Salaries and benefits$60,309K Net medical claimsincurred$394,212K Net (loss) incomefrom continuing...-$10,578K (-247.53%↓ Y/Y)Premiums earned, net (netof ceded premiums...$469,826K (34.27%↑ Y/Y)Other income$7,794K (22.55%↑ Y/Y)Net loss (income)-$32,388K Change in fair value ofwarrants$19K (11.76%↑ Y/Y)(loss) income fromcontinuing operations-$10,559K (-246.92%↓ Y/Y)Total revenues$477,620K (34.07%↑ Y/Y)Total operatingexpenses$488,179K (39.85%↑ Y/Y)Depreciation andamortization$394K (19.39%↑ Y/Y)General andadministrative expenses$48,484K (9.14%↑ Y/Y)Salaries and benefits$61,309K (10.47%↑ Y/Y)Net medical claimsincurred$377,992K (52.20%↑ Y/Y)