← TRUPANION, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $188.2m | $242.7m | $304.0m | $383.9m | $502.0m | $699.0m | $905.2m | $1.1b | $1.3b | $1.4b | |
| Revenues: | |||||||||||
| Cost of Goods and Services Sold | $161.1m | $228.5m | $286.8m | $328.6m | $420.1m | $594.6m | $783.0m | $977.6m | $1.1b | $1.2b | |
| Gross Profit (derived) | $33.3m | $43.0m | $51.4m | $64.9m | $81.9m | $104.3m | $122.2m | $131.0m | $178.8m | $231.0m | |
| Operating Expenses | $40.0m | $45.7m | $52.4m | $66.5m | $86.7m | $139.4m | $164.9m | $171.5m | $188.1m | $216.9m | |
| Operating Income (Loss) | ($6.7m) | ($2.6m) | ($1.0m) | ($1.9m) | ($4.9m) | ($35.2m) | ($43.0m) | ($40.7m) | ($9.5m) | $13.8m | |
| Additional Financial Items | |||||||||||
| Realized Investment Gains (Losses) | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Amortization of Intangible Assets | — | — | $200k | $900k | $1.9m | $4.9m | $4.8m | $5.7m | $5.3m | $4.6m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $5.3m | $1.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($6.9m) | ($2.0m) | ($1.1m) | ($1.8m) | ($5.4m) | ($34.1m) | ($43.8m) | ($41.0m) | ($758k) | $17.2m | |
| Income (Loss) from Equity Method Investments | — | — | — | ($352k) | ($126k) | ($171k) | ($253k) | ($219k) | ($182k) | ($305k) | |
| Interest Income, Other | $119k | $200k | $900k | $1.7m | $600k | $300k | $3.0m | $9.0m | $12.4m | $12.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($6.9m) | ($1.9m) | ($934k) | ($1.6m) | ($5.7m) | ($35.2m) | ($44.2m) | ($45.0m) | ($9.6m) | $22.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($6.9m) | ($1.5m) | ($927k) | ($1.8m) | ($5.8m) | ($35.5m) | ($44.7m) | ($44.7m) | ($9.6m) | $19.4m | |
| Earnings Per Share, Basic | ($0.24) | ($0.05) | ($0.03) | ($0.05) | ($0.16) | ($0.89) | ($1.10) | ($1.08) | ($0.23) | $0.45 | |
| Earnings Per Share, Diluted | ($0.24) | ($0.05) | ($0.03) | ($0.05) | ($0.16) | ($0.89) | ($1.10) | ($1.08) | ($0.23) | $0.45 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | 35.9m | 40.1m | 40.8m | 41.4m | 42.2m | 43.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 35.9m | 40.1m | 40.8m | 41.4m | 42.2m | 43.6m | |
| Expenses | |||||||||||
| Other Nonoperating Income (Expense) | $58k | $1.2m | $1.3m | $1.6m | $581k | ($14k) | $3.1m | $7.7m | $14.4m | $21.9m | |
| Interest Expense | $218k | $533k | $1.2m | $1.3m | $1.4m | $10k | $4.3m | $12.1m | $14.5m | $13.8m | |
| Current Income Tax Expense (Benefit) | $38k | $198k | $27k | $64k | $243k | $2.1m | $896k | $456k | $730k | $3.1m | |
| General and Administrative Expense | $15.2m | $16.8m | $18.2m | $21.0m | $21.8m | $31.9m | $39.4m | $60.2m | $63.7m | $76.6m | |
| Operating Lease, Expense | — | — | — | — | — | $200k | — | — | — | — | |
| Selling and Marketing Expense | $15.2m | $19.1m | $25.0m | $35.5m | $47.8m | $78.6m | $89.5m | $77.4m | $71.4m | $85.4m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $2.9m | $3.4m | $4.8m | $7.0m | $9.1m | $28.9m | $35.0m | $35.3m | $33.9m | $38.5m | |
| Income Tax Expense (Benefit) | $38k | ($428k) | ($7k) | $169k | $113k | $310k | $476k | ($342k) | ($5k) | $2.6m | |
| Other Operating Income (Expense), Net | $46k | ($383k) | ($240k) | ($105k) | ($153k) | $1.9m | ($1.1m) | ($1.3m) | $1.7m | ($2.1m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.