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Doma Holdings Inc   (DOMA)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial
 
Price: $4.1500 $-0.21 -4.817%
Day's High: $4.35 Week Perf: -21.99 %
Day's Low: $ 4.11 30 Day Perf: -2.58 %
Volume (M): 12 52 Wk High: $ 9.44
Volume (M$): $ 49 52 Wk Avg: $3.83
Open: $4.26 52 Wk Low: $0.17



 Market Capitalization (Millions $) 56
 Shares Outstanding (Millions) 13
 Employees -
 Revenues (TTM) (Millions $) 336
 Net Income (TTM) (Millions $) -213
 Cash Flow (TTM) (Millions $) -109
 Capital Exp. (TTM) (Millions $) 13

Doma Holdings Inc
Doma Holdings Inc., formerly known as States Title Holding, Inc., is a California-based tech-enabled residential title insurance and settlement company that uses algorithms and machine-learning to streamline and digitize the real estate closing process. The company was founded in 2016 by Max Simkoff, and since its inception, it has undergone significant growth and expansion.

Doma Holdings Inc.'s core business is centered around the title insurance process, which is a critical part of the real estate transaction process. The company leverages its proprietary technology to offer a more efficient and streamlined process that enables mortgage lenders, title agents, and other stakeholders to close real estate transactions much faster than traditional methods. Doma Holdings Inc.'s technology platform reduces the complexity of the closing process, making the entire process more user-friendly for all stakeholders.

The company's proprietary platform incorporates advanced AI and machine-learning algorithms that have been trained on a vast amount of real estate data. Its technology offers real-time data analysis, streamlined document preparation, reduced FTE requirements for individual closure, and more efficient workflow management. This approach has made the company very attractive to many mortgage firms, banks, and insurance companies.

Doma Holdings Inc. is also expanding beyond title and settlement services and has started to scout out opportunities within the broader residential real estate ecosystem. The company's new platform offers services such as title re-conveyance, mobile notary services, and mortgage refinancing. It also offers solutions for real estate agents and home buyers.

The company has received backing from several prominent venture capital firms, including Foundation Capital, Greenspring Associates, and Lennar Corporation. In 2021, Doma Holdings Inc. went public through a special purpose acquisition (SPAC) merger with Capitol Investment Corp. V, raising $510.0 million.

In conclusion, Doma Holdings Inc. is a fast-growing, innovative, and tech-enabled residential title insurance and settlement company that has transformed the real estate closing process through its cutting-edge technology platform. With an expanding range of services and prominent backers, the company is well positioned to take advantage of the growing demand for a more streamlined and efficient real estate closing process.


   Company Address: 101 Mission Street, Suite 1050 San Francisco 94105 CA
   Company Phone Number: 419-3827   Stock Exchange / Ticker: NYSE DOMA
   


   

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Doma Holdings Inc

Doma Holdings Inc. Faces Alarming -29.313% Revenue Slump During Third Quarter of 2023, Resulting in Significant Losses



Doma Holdings Inc, a leading player in the sector, has recently reported significant losses for the fiscal third quarter of 2023. Weak orders have been the primary driver behind the company's advance in losses, resulting in an alarming shortfall per share of $-1.91 compared to $-0.26 in the previous year. Additionally, revenue experienced a sharp decline of -29.313% to $76.24 million from $107.86 million in the prior year. Join us as we delve deeper into the financial performance and outlook for Doma Holdings Inc.
Worsening Financial Performance:
In stark contrast to the previous quarter, where revenue deteriorated by -14.195% from $88.85 million, the third quarter of 2023 exhibited a further decline. This continued deterioration in revenue is a clear indication of the company's struggles to generate sustainable growth in an increasingly competitive market.

Doma Holdings Inc

Doma Holdings Inc's Groundbreaking Rally: Revenue Sizzles with an Astounding -28.196% Surge in Q2 2023!

Weak demand and a significant decrease in revenue have led to growing losses for Doma Holdings Inc in the most recent fiscal period. The company's net deficit per share has surged from $-0.18 to $-2.69, reflecting a severe decline in profitability. Comparatively, the overall Insurance Brokerage sector has recorded a top-line gain during the same period, making Doma Holdings Inc's fall in revenue even more striking.
The financials for Doma Holdings Inc have shown a decline in its revenue by 28.196% to $88.85 million, compared to $123.74 million in the previous year. This significant drop in revenue has negatively impacted the company's bottom line, resulting in a larger deficit. In contrast, the company experienced growth in revenue during Q1, with an increase of 19.477% to $74.37 million. However, despite this improvement, the deficit per share also grew during that period, reaching $-0.13.

Doma Holdings Inc

Doma Holdings Inc. Battles Revenue Drop in Q1 2023, But Profit Sees a Bright Spot

Doma Holdings Inc., a leading real estate technology firm, recently published its earnings report for the first quarter of the 2023 financial year. Despite the company's decline in revenue, the report conveyed promising news on the profit front.
Doma's earnings per share (EPS) improved from the prior reporting period ($-0.27 per share) to $-0.13 per share for the first quarter of 2023, indicating an upward trend. This represents a positive growth trend when compared to the same reporting period the previous year (where the EPS was $-0.15 per share).






 

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