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Tiptree Inc   (TIPT)
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Tiptree Inc

TIPT's Financial Statements and Analysis



Tiptree Inc reported in the third quarter of 2023 net earnings per share of $0.04 a decrease by -89.47 % year on year from $0.38 and decline of -75 % from $0.16 earned in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.04 $  417 Mill
$-0.34     -89.47 % $+53M     +14.59 %



Tiptree Inc 's Revenue rose by 14.59 % in third quarter of 2023 (Sep 30 2023) year on year, to $417 million and advanced by 2.97 % sequentially.


Tiptree Inc is

More on TIPT's Income Statement



Tiptree Inc 's net income of $8.868 million in the third quarter of 2023 decreased by -55.79 % from net earnings of $20.057 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -25.16 % from net income of $11.850 million realized in previous quarter.

More on TIPT's Growth

Tiptree Inc Inventories
TIPT's Cash flow In the third quarter of 2023 company's net cash flow was $139 million, capital expenditures grew by -2.231-58.67%, to $-1 millions compare to same quarter a year ago

More on TIPT's Cash flow Statement


Tiptree Inc payed out dividend of $0.19 per share in last 52 weeks

In trailing twelve-month period Tiptree Inc earned $ 4.13 cash per share, on a free-cash flow basis .

Book value fell by -0.72 % sequentially to $14.42 per share, -25.04% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 5.73 per share from $ 5.65.

Company issued 0.10 million shares or 0.26 % in Sep 30 2023.
Interest Coverage Ratio was 4.04. Debt Coverage Ratio was 0.33.

More on TIPT's Dividends

 Market Capitalization (Millions) 648
 Shares Outstanding (Millions) 38
 Total Debt (Millions $) 324
 Revenue (TTM) (Millions $) 1,625
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) 24
 Capital Exp. (TTM) (Millions $) -18
 Dividend TTM ($) 0.19 $
 Dividend Yield TTM (%) 1.16 %
 Employees (TTM) $ 929




Tiptree Inc payed out dividend of $0.19 per share in the last 52 weeks

In trailing twelve-month period Tiptree Inc had $ 4.13 cash flow per share, on a free-cash flow basis .

Book value fell by -0.72 % sequentially to $14.42 per share, -25.04% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 5.73 per share from $ 5.65.

Company issued 0.10 million shares or 0.26 % in Sep 30 2023.
Interest Coverage Ratio was 4.04. Debt Coverage Ratio was 0.33.

More on TIPT's Balance Sheets

 Market Capitalization (Millions) 648
 Shares Outstanding (Millions) 38
 Total Debt (Millions $) 324
 Revenue (TTM) (Millions $) 1,625
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) 24
 Capital Exp. (TTM) (Millions $) -18
 Dividend TTM ($) 0.19 $
 Dividend Yield TTM (%) 1.16 %
 Employees (TTM) $ 929
   


  News about Tiptree Inc Earnings

Earnings Plummet Despite Impressive Revenue Surge at Tiptree Inc. in Q3 2023: A Comprehensive Financial Analysis

Interpreting Tiptree Inc.'s Financial Results for the Thi...

Tiptree Inc. Achieves Profitability in Q2 2023 with 24.504% Revenue Rise, Outperforms Property & Casualty Insurance Sector Peers



Tiptree Inc, a leading company in the Property and Casualty Insurance sector, has reported outstanding financial results for the period ending June 30, 2023. With a significant rise in revenue and turning profitability, the company is well-positioned for future growth. This article will provide an overview of the key facts from the financial results and put them into context within the company's stock performance.
1. Revenue Surges and Profitability Achieved:
Tiptree Inc experienced a remarkable revenue increase of 24.504%, reaching $404.52 million. This rise in revenue has propelled the company into profitability, with earnings per share (EPS) reaching $0.16, compared to a loss of $0.03 in...

Tiptree Inc's Revenue Surges, but Profits Decline in First Quarter of 20232.

Tiptree Inc., a property and casualty insurance industry player, recently reported their return on equity (ROE) for their first quarter of 2023, which stood at 5.07%. This figure was below their average ROE and reflected a decline in net income from their previous financial year. Although Tiptree Inc saw a surge in revenue of 33.154%, profits fell by 5.86% compared to the previous reporting period.
While Tiptree Inc has room for improvement in their ROE, they are not alone in the industry. There were 11 other companies with a higher ROE within the property and casualty insurance industry. However, it is important to note that Tip...


Date modified: 2023-11-02T12:35:28+00:00





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