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hipow: the income statement
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Assumed
$1M
Direct
$252M
Investment income
$7.4M
Gross
$253M
Net investment
income
$7.3M
Service and fee income
$3.1M
Commission income, net
$10.5M
Net earned premium
$99.7M
Investment expenses
$0.1M
Ceded
$153.3M
Total revenue
$120.6M
Income (loss) before
income taxes
$98.1M
Total expenses
$22.5M
Gain on sale of
business
$95M
Net income (loss)
$98.1M
Interest and other
(income) expense, net
-$0.8M
Impairment and
restructuring charges
$3.8M
General and
administrative
$16.5M
Sales and marketing
$8M
Technology and development
$8M
Insurance related
expenses
$32.9M
Losses and loss
adjustment expenses
$47.5M
Change in net
unrealized gain (loss) on...
$1.3M
Net income (loss)
attributable to hippo
$98.1M
Comprehensive income (loss)
attributable to hippo
$99.4M
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Income Statement
source: myfinsight.com
Hippo Holdings Inc. (HIPOW)
Hippo Holdings Inc. (HIPOW)