Financial insights of CLOV

MyFinsight

For the quarter ending 2025-09-30, CLOV made $496,650K in revenue. -$24,083K in net income. Net profit margin of -4.85%.

Income Statement	2025-09-30	2025-06-30	2024-12-31	2024-09-30
Total revenues	496,650	477,620	340,262	330,986
Net medical claims incurred	423,473	377,992	259,521*	249,774
Salaries and benefits	48,195	61,309	66,713*	54,995
General and administrative expenses	48,953	48,484	57,043*	35,201
Depreciation and amortization	406	394	328*	339
Restructuring (recoveries) costs	0	0	386*	-538
Total operating expenses	521,027	488,179	383,989	339,771
Loss from continuing operations	-24,377	-10,559	-43,727*	-8,785
Change in fair value of warrants	0	19	-1*	-
Loss on investment	0	0	-117*	-
Net loss from continuing operations	-24,377	-10,578	-43,843*	-8,785
Net (loss) income from discontinued operations	0	0	3,455*	-370
Net loss	-24,377	-10,578	-40,388*	-9,155
Net unrealized loss on available-for-sale investments	294	251	-4,332*	3,111
Comprehensive loss	-24,083	-10,327	-44,720	-6,044

Basic Average Shares	512,743,521	509,043,210	492,393,000	490,180,103
Diluted Average Shares	512,743,521	509,043,210	484,696,132	490,180,103

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.