ROOT: the cashflow

MyFinsight

For the quarter ending 2025-09-30, ROOT had $11,900K increase in cash & cash equivalents over the period. $57,600K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income	-5,400	40,400
Share-based compensation	11,600	14,800
Warrant compensation expense	17,200	0
Depreciation and amortization	4,700	4,000
Bad debt expense	9,300	17,800
Premiums receivable	20,500	53,800
Reinsurance recoverable and receivable	-3,200	-5,100
Prepaid reinsurance premiums	-3,200	-10,200
Other assets	-400	10,700
Losses and loss adjustment expenses reserves	18,400	31,300
Unearned premiums	14,100	41,300
Reinsurance premiums payable	-3,800	-17,000
Accounts payable and accrued expenses	6,300	-19,000
Other liabilities	-1,100	14,400
Net cash provided by operating activities	57,600	78,800
Purchases of investments	57,300	45,900
Proceeds from maturities, calls and pay downs of investments	19,400	34,200
Sales of investments	200	100
Capitalization of internally developed software	3,900	6,000
Purchases of fixed assets	0	0
Net cash used in investing activities	-41,600	-17,600
Proceeds from exercise of stock options and restricted stock units	-100	400
Taxes paid related to net share settlement of equity awards	4,000	19,400
Payment of preferred stock and related warrants issuance costs	0	0
Net cash used in financing activities	-4,100	-19,000
Net increase (decrease) in cash, cash equivalents and restricted cash	11,900	42,200
Cash and cash equivalents at beginning of period	600,300	-
Cash and cash equivalents at end of period	654,400	-

Unit: Thousand (K) dollars