|
Total revenue, net
|
|
$51.6m
|
$91.2m
|
$119.7m
|
$209.7m
|
$372.1m
|
$468.6m
|
|
Net earned premium
|
|
$17.1m
|
$38.9m
|
$42.5m
|
$107.5m
|
$272.5m
|
$380.1m
|
|
Commission income, net
|
|
$27.1m
|
$37.5m
|
$54.3m
|
$63.4m
|
$63.6m
|
$51.3m
|
|
Service and fee income
|
|
$6.3m
|
$14.5m
|
$13.9m
|
$15.7m
|
$11.6m
|
$11.8m
|
|
Net investment income
|
|
$1.1m
|
$300k
|
$9.0m
|
$23.1m
|
$24.4m
|
$25.4m
|
|
Impairment and restructuring charges
|
|
—
|
$0
|
$55.3m
|
$5.5m
|
$3.6m
|
$5.0m
|
|
Gain on sale of business
|
|
—
|
—
|
$0
|
$0
|
($54.4m)
|
($95.0m)
|
|
Income (loss) before income taxes
|
|
($143.2m)
|
($367.2m)
|
($325.2m)
|
($262.5m)
|
($27.4m)
|
$63.3m
|
|
Change in net unrealized gain on investments, net of tax
|
|
$0
|
($800k)
|
($6.3m)
|
$4.1m
|
$200k
|
$4.5m
|
|
Comprehensive income (loss) attributable to Hippo
|
|
($141.5m)
|
($372.2m)
|
($339.7m)
|
($269.0m)
|
($40.3m)
|
$62.2m
|
|
Net income (loss)
|
|
($141.4m)
|
($367.9m)
|
($326.5m)
|
($263.0m)
|
($28.6m)
|
$62.6m
|
|
Net income (loss) attributable to Hippo
|
|
($141.5m)
|
($371.4m)
|
($333.4m)
|
($273.1m)
|
($40.5m)
|
$57.7m
|
|
Net income (loss) per share attributable to Hippo - basic (in dollars per share)
|
|
($2)
|
($1)
|
($15)
|
($12)
|
($2)
|
$2
|
|
Net income (loss) per share attributable to Hippo - diluted (in dollars per share)
|
|
($2)
|
($1)
|
($15)
|
($12)
|
($2)
|
$2
|
|
Net income attributable to noncontrolling interests, net of tax
|
|
$100k
|
$3.5m
|
$6.9m
|
$10.1m
|
$11.9m
|
$4.9m
|
|
Weighted average shares common shares outstanding - basic (in shares)
|
|
86.9m
|
272.2m
|
22.7m
|
23.6m
|
24.7m
|
25.3m
|
|
Weighted average shares common shares outstanding - diluted (in shares)
|
|
86.9m
|
272.2m
|
22.7m
|
23.6m
|
24.7m
|
26.0m
|
|
Losses and loss adjustment expenses
|
|
$25.3m
|
$84.4m
|
$101.4m
|
$181.7m
|
$209.0m
|
$229.9m
|
|
Insurance related expenses
|
|
$19.3m
|
$41.7m
|
$59.9m
|
$79.1m
|
$88.8m
|
$131.3m
|
|
Technology and development expenses
|
|
$18.0m
|
$36.2m
|
$57.5m
|
$47.0m
|
$30.7m
|
$32.5m
|
|
Sales and marketing expenses
|
|
$69.4m
|
$95.0m
|
$101.8m
|
$80.1m
|
$51.2m
|
$33.5m
|
|
General and administrative expenses
|
|
$36.8m
|
$49.2m
|
$71.5m
|
$79.6m
|
$70.7m
|
$67.1m
|
|
Interest and other (income) expense, net
|
|
$26.0m
|
$198.9m
|
($2.5m)
|
($800k)
|
($100k)
|
$1.0m
|
|
Income tax expense
|
|
($1.8m)
|
$700k
|
$1.3m
|
$500k
|
$1.2m
|
$700k
|
|
Total expenses
|
|
$194.8m
|
$458.4m
|
$444.9m
|
$472.2m
|
$399.5m
|
$405.3m
|