| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 35,000 | 40,400 |
| Share-based compensation | 26,400 | 14,800 |
| Warrant compensation expense | 17,200 | 0 |
| Depreciation and amortization | 8,700 | 4,000 |
| Bad debt expense | 27,100 | 17,800 |
| Premiums receivable | 74,300 | 53,800 |
| Reinsurance recoverable and receivable | -8,300 | -5,100 |
| Prepaid reinsurance premiums | -13,400 | -10,200 |
| Other assets | 10,300 | 10,700 |
| Losses and loss adjustment expenses reserves | 49,700 | 31,300 |
| Unearned premiums | 55,400 | 41,300 |
| Reinsurance premiums payable | -20,800 | -17,000 |
| Accounts payable and accrued expenses | -12,700 | -19,000 |
| Other liabilities | 13,300 | 14,400 |
| Net cash provided by operating activities | 136,400 | 78,800 |
| Purchases of investments | 103,200 | 45,900 |
| Proceeds from maturities, calls and pay downs of investments | 53,600 | 34,200 |
| Sales of investments | 300 | 100 |
| Capitalization of internally developed software | 9,900 | 6,000 |
| Purchases of fixed assets | 0 | 0 |
| Net cash used in investing activities | -59,200 | -17,600 |
| Proceeds from exercise of stock options and restricted stock units | 300 | 400 |
| Taxes paid related to net share settlement of equity awards | 23,400 | 19,400 |
| Payment of preferred stock and related warrants issuance costs | 0 | 0 |
| Net cash used in financing activities | -23,100 | -19,000 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 54,100 | 42,200 |
| Cash and cash equivalents at beginning of period | 600,300 | - |
| Cash and cash equivalents at end of period | 654,400 | - |
Root, Inc. (ROOT)
Root, Inc. (ROOT)