Vericity Inc   (VERY)
Other Ticker:  
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
Price: $11.3000 $0.00 0.000%
Day's High: $11.38 Week Perf: 0.27 %
Day's Low: $ 11.30 30 Day Perf: -0.53 %
Volume (M): 1 52 Wk High: $ 11.40
Volume (M$): $ 11 52 Wk Avg: $8.74
Open: $11.38 52 Wk Low: $4.70

 Market Capitalization (Millions $) 168
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) 175
 Net Income (TTM) (Millions $) -15
 Cash Flow (TTM) (Millions $) -5
 Capital Exp. (TTM) (Millions $) 0

Vericity Inc
Vericity Inc. is a financial technology company based in the United States. Founded in 2012, the company focuses on providing insurance solutions and financial products to consumers, businesses, and financial institutions. Vericity operates in four segments: Consumer, Employee Benefits, Education, and HSA.

The Consumer segment provides life insurance and annuity products to consumers. The company's life insurance products offer financial protection to families and individuals, while their annuity products offer a steady stream of income during retirement. The Consumer segment also offers cancer, heart attack, and stroke insurance to customers.

The Employee Benefits segment provides life and disability insurance products to employers. The products offer financial protection to employees and their families. In this segment, the company also offers HRA/HSA/FSA administration services.

The Education segment offers products and services related to financial education. The company's financial education platform teaches customers about personal finance, retirement planning, investment strategies, and insurance solutions.

The HSA segment offers health savings account (HSA) solutions to individuals and employers. The HSA product offers tax-free savings for medical expenses and provides personalized support for account holders.

Vericity operates a technology-enabled platform that simplifies the process of purchasing and managing insurance products. The company's platform uses data analytics and machine learning to help customers choose the right insurance products and customize their coverage.

Vericity's mission is to provide financial protection and education to individuals and businesses. The company believes that everyone deserves access to affordable, personalized insurance and financial products. Through their innovative platform and products, Vericity is taking a customer-centric approach to the insurance industry.

   Company Address: 1350 E Touhy Avenue Des Plaines 60018 IL
   Company Phone Number: 288-0073   Stock Exchange / Ticker: NASDAQ VERY
   VERY is expected to report next financial results on March 30, 2024.


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Vericity Inc

Vericity Inc. Reports Mixed Financial Results for Q3 2023: Revenue Surges While Loss per Share Widens

Vericity Inc, a leading player in the Life Insurance industry, recently released its financial results for the most recent fiscal period. While the company reported a significant increase in revenue, it also witnessed a larger loss per share compared to the previous year. In addition, Vericity Inc experienced a decline in operating earnings and a drop in operating margin. This article aims to analyze the financial data and provide insights into the company's performance.
1. Increased Loss per Share and Revenue Growth:
Vericity Inc's loss per share for the most recent fiscal period expanded to $-0.54 from $-0.34 compared to the previous year. This indicates a widening loss for the company. However, Vericity Inc managed to achieve revenue growth of 9.994%, reaching $43.66 million. This revenue advancement is noteworthy, as it contrasts with many of its contemporaries in the Life Insurance sector, which faced a decline in top-line revenue over the same period.

Vericity Inc

Vericity Inc. Surges to Profitability, Recording a Significant Improvement in Financial Performance for the Period Ending June 30, 2023

Vericity Inc, a financial company, recently released its financial results for the period ending June 30, 2023. The company reported a significant improvement in its financial performance compared to the previous year.
One of the key highlights of Vericity's financial results is the turnaround in its income. The company recorded earnings per share (EPS) of $0.13, a stark improvement from the loss of $0.16 per share in the same period last year. Additionally, the company's EPS turned positive from the previous quarter, where it was at a loss of $0.13 per share.

Vericity Inc

Vericity Inc Surpasses Expectations, Achieving Phenomenal Turnaround and Exponential Revenue Growth

Vericity Inc is making waves in the financial world, with an impressive turnaround in their recent financial reporting period ending March 31, 2023. The company managed to decrease their loss per share by a staggering 65.79% to just $-0.13 per share, compared to $-0.38 during the same period a year prior. In addition, the company's earnings per share (EPS) improved significantly, rising from $-0.50 per share in the previous reporting season.
The company's revenue growth is equally impressive, with a 12.933% increase to $44.62 million from $39.51 million from the same period a year prior. Sequentially, revenue surged by 6.306% from $41.98 million. This revenue growth showcases Vericity's dedication to expanding and driving corporate client growth, and the company is sure to reap the benefits as it continues to build success.


Vericity Inc's Segments
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