Financial Snapshot

Revenue
$1.244B
TTM
Gross Margin
13.31%
TTM
Net Earnings
-$13.45M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
165.69%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$320.2M
Q3 2024
Cash
Q3 2024
P/E
-175.4
Nov 29, 2024 EST
Free Cash Flow
$30.27M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.109B $905.2M $699.0M $502.0M $383.9M $304.0M $242.7M $188.2M $147.0M $115.9M $83.83M $55.53M $37.00M
YoY Change 22.47% 29.5% 39.23% 30.76% 26.31% 25.26% 28.92% 28.08% 26.79% 38.27% 50.96% 50.08%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.109B $905.2M $699.0M $502.0M $383.9M $304.0M $242.7M $188.2M $147.0M $115.9M $83.83M $55.53M $37.00M
Cost Of Revenue $977.6M $783.0M $594.6M $420.1M $319.0M $252.6M $199.6M $154.9M $121.7M $96.00M $68.20M $44.30M $29.00M
Gross Profit $131.0M $122.2M $104.3M $81.90M $64.92M $51.37M $43.05M $33.29M $25.23M $19.87M $15.64M $11.21M $8.000M
Gross Profit Margin 11.82% 13.5% 14.93% 16.31% 16.91% 16.9% 17.74% 17.68% 17.17% 17.15% 18.66% 20.19% 21.62%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $137.6M $128.9M $110.5M $69.68M $53.84M $42.10M $35.92M $30.45M $30.79M $25.92M $17.74M $13.34M $9.500M
YoY Change 6.75% 16.59% 58.63% 29.44% 27.86% 17.2% 17.97% -1.09% 18.78% 46.09% 32.97% 40.46%
% of Gross Profit 105.01% 105.48% 105.94% 85.08% 82.92% 81.97% 83.45% 91.48% 122.04% 130.42% 113.42% 119.03% 118.75%
Research & Development $21.40M $25.13M $16.87M $9.947M $7.025M $5.796M $9.768M $9.500M $11.20M $9.899M $4.888M $3.406M $1.500M
YoY Change -14.84% 49.02% 69.56% 41.59% 21.2% -40.66% 2.82% -15.18% 13.14% 102.52% 43.51% 127.07%
% of Gross Profit 16.34% 20.57% 16.16% 12.15% 10.82% 11.28% 22.69% 28.54% 44.39% 49.81% 31.25% 30.38% 18.75%
Depreciation & Amortization $12.47M $10.92M $11.97M $7.071M $5.632M $4.512M $4.232M $3.846M $2.542M $1.674M $900.0K $300.0K $200.0K
YoY Change 14.22% -8.73% 69.21% 25.55% 24.82% 6.62% 10.04% 51.3% 51.85% 86.0% 200.0% 50.0%
% of Gross Profit 9.52% 8.94% 11.47% 8.63% 8.67% 8.78% 9.83% 11.55% 10.08% 8.42% 5.75% 2.68% 2.5%
Operating Expenses $171.5M $164.9M $139.4M $86.70M $66.49M $52.41M $45.69M $39.99M $42.00M $35.82M $22.63M $16.75M $11.00M
YoY Change 3.95% 18.34% 60.75% 30.39% 26.87% 14.7% 14.27% -4.8% 17.27% 58.27% 35.11% 52.27%
Operating Profit -$40.66M -$43.00M -$35.20M -$4.927M -$1.920M -$1.045M -$2.642M -$6.698M -$16.78M -$15.95M -$6.987M -$5.539M -$3.000M
YoY Change -5.45% 22.18% 614.35% 156.61% 83.73% -60.45% -60.56% -60.07% 5.21% 128.21% 26.14% 84.63%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $12.08M $4.267M $10.00K $1.381M $1.349M $1.198M $533.0K $218.0K $325.0K $6.700M $600.0K $535.0K -$700.0K
YoY Change 183.03% 42570.0% -99.28% 2.37% 12.6% 124.77% 144.5% -32.92% -95.15% 1016.67% 12.15% -176.43%
% of Operating Profit
Other Income/Expense, Net $7.701M $3.100M $0.00 $600.0K $1.600M $1.300M $1.200M $58.00K $9.000K $1.487M -$671.0K -$252.0K -$200.0K
YoY Change 148.42% -100.0% -62.5% 23.08% 8.33% 1968.97% 544.44% -99.39% -321.61% 166.27% 26.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$45.04M -$44.20M -$35.22M -$5.727M -$1.640M -$934.0K -$1.931M -$6.858M -$17.09M -$21.18M -$8.256M -$6.522M -$3.800M
YoY Change 1.9% 25.49% 514.98% 249.21% 75.59% -51.63% -71.84% -59.87% -19.32% 156.59% 26.59% 71.63%
Income Tax -$342.0K $476.0K $310.0K $113.0K $169.0K -$7.000K -$428.0K $38.00K $114.0K -$7.000K -$92.00K $84.00K $100.0K
% Of Pretax Income
Net Earnings -$44.69M -$44.67M -$35.53M -$5.800M -$1.800M -$900.0K -$1.500M -$6.900M -$17.20M -$21.18M -$8.175M -$6.410M -$3.900M
YoY Change 0.05% 25.73% 512.59% 222.22% 100.0% -40.0% -78.26% -59.88% -18.78% 159.05% 27.54% 64.36%
Net Earnings / Revenue -4.03% -4.94% -5.08% -1.16% -0.47% -0.3% -0.62% -3.67% -11.7% -18.27% -9.75% -11.54% -10.54%
Basic Earnings Per Share -$1.08 -$1.10 -$0.89 -$0.16
Diluted Earnings Per Share -$1.08 -$1.10 -$885.2K -$161.6K -$52.02K -$28.13K -$50.68K -$242.1K -$623.2K -$1.643M -$308.3K -$240.6K -$146.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $277.2M $222.4M $213.4M $229.7M $98.90M $81.10M $63.30M $53.20M $43.20M $75.50M $31.00M $15.00M
YoY Change 24.62% 4.22% -7.09% 132.25% 21.95% 28.12% 18.98% 23.15% -42.78% 143.55% 106.67%
Cash & Equivalents $147.5M $65.61M $87.40M $139.9M $29.20M $26.60M $25.70M $23.60M $18.00M $53.10M $14.90M $4.200M
Short-Term Investments $129.7M $156.8M $126.0M $89.90M $69.70M $54.60M $37.60M $29.60M $25.30M $22.40M $16.10M $10.80M
Other Short-Term Assets $17.02M $14.25M $12.33M $8.200M $5.500M $5.300M $2.900M $2.100M $2.200M $1.300M $900.0K $900.0K
YoY Change 19.47% 15.6% 50.3% 49.09% 3.77% 82.76% 38.1% -4.55% 69.23% 44.44% 0.0%
Inventory
Prepaid Expenses
Receivables $267.9M $232.4M $165.2M $99.10M $54.40M $31.60M $20.40M $10.10M $8.200M $7.900M $7.800M $2.300M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $562.1M $469.1M $391.0M $337.0M $158.8M $118.0M $86.60M $65.40M $53.60M $84.70M $39.70M $18.30M
YoY Change 19.82% 19.99% 16.01% 112.22% 34.58% 36.26% 32.42% 22.01% -36.72% 113.35% 116.94%
Property, Plant & Equipment $103.7M $90.70M $77.95M $72.60M $70.40M $69.80M $7.900M $8.500M $9.700M $7.900M $3.100M $2.400M
YoY Change 14.28% 16.36% 7.37% 3.13% 0.86% 783.54% -7.06% -12.37% 22.78% 154.84% 29.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.87M $8.841M $7.861M $8.100M $4.300M $3.600M $3.200M $2.900M $2.700M $900.0K $800.0K $2.200M
YoY Change 45.53% 12.47% -2.95% 88.37% 19.44% 12.5% 10.34% 7.41% 200.0% 12.5% -63.64%
Other Assets $41.89M $36.98M $30.45M $20.40M $16.00M $8.100M $3.200M $700.0K $0.00 $0.00 $3.100M $0.00
YoY Change 13.28% 21.45% 49.24% 27.5% 97.53% 153.13% 357.14% -100.0%
Total Long-Term Assets $220.9M $202.5M $171.6M $161.3M $98.40M $89.50M $19.30M $16.90M $17.30M $13.60M $12.00M $9.400M
YoY Change 9.05% 18.01% 6.4% 63.92% 9.94% 363.73% 14.2% -2.31% 27.21% 13.33% 27.66%
Total Assets $782.9M $671.6M $562.6M $498.3M $257.2M $207.5M $105.9M $82.30M $70.90M $98.30M $51.70M $27.70M
YoY Change
Accounts Payable $10.51M $9.471M $8.952M $6.100M $4.100M $2.800M $2.700M $2.000M $1.300M $2.000M $1.300M $1.000M
YoY Change 10.92% 5.8% 46.75% 48.78% 46.43% 3.7% 35.0% 53.85% -35.0% 53.85% 30.0%
Accrued Expenses $34.05M $32.62M $28.16M $22.90M $13.80M $11.30M $7.700M $4.300M $4.200M $4.600M $3.700M $2.300M
YoY Change 4.4% 15.82% 22.98% 65.94% 22.12% 46.75% 79.07% 2.38% -8.7% 24.32% 60.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $900.0K $0.00
YoY Change -100.0%
Long-Term Debt Due $1.350M $1.103M
YoY Change 22.39%
Total Short-Term Liabilities $344.5M $289.6M $223.7M $150.4M $91.60M $63.20M $45.90M $30.40M $23.60M $22.50M $26.00M $10.50M
YoY Change 18.94% 29.47% 48.73% 64.19% 44.94% 37.69% 50.99% 28.81% 4.89% -13.46% 147.62%
Long-Term Debt $127.6M $68.35M $0.00 $0.00 $26.10M $12.90M $9.300M $4.800M $0.00 $14.90M $25.20M $9.900M
YoY Change 86.65% -100.0% 102.33% 38.71% 93.75% -100.0% -40.87% 154.55%
Other Long-Term Liabilities $4.487M $4.968M $3.859M $3.200M $1.600M $1.300M $1.200M $800.0K $500.0K $100.0K $200.0K $1.000M
YoY Change -9.68% 28.74% 20.59% 100.0% 23.08% 8.33% 50.0% 60.0% 400.0% -50.0% -80.0%
Total Long-Term Liabilities $132.1M $73.32M $3.859M $3.200M $27.70M $14.20M $10.50M $5.600M $500.0K $15.00M $25.40M $10.90M
YoY Change 80.12% 1800.03% 20.59% -88.45% 95.07% 35.24% 87.5% 1020.0% -96.67% -40.94% 133.03%
Total Liabilities $479.2M $366.3M $230.4M $158.3M $120.4M $78.30M $57.40M $37.60M $25.60M $39.00M $52.90M $23.00M
YoY Change 30.82% 59.01% 45.54% 31.48% 53.77% 36.41% 52.66% 46.88% -34.36% -26.28% 130.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 41.44M shares 40.77M shares 40.14M shares 35.86M shares
Diluted Shares Outstanding 41.44M shares 40.77M shares 40.14M shares 35.86M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.3594 Billion

About TRUPANION, INC.

Trupanion, Inc. engages in the provision of medical insurance for cats and dogs. The company is headquartered in Seattle, Washington and currently employs 1,142 full-time employees. The company went IPO on 2014-07-18. The firm operates in two segments: Subscription Business and Other Business. The Subscription Business segment includes subscription fees related to the Company's direct-to-consumer products. The Other Business segment comprises of other product offerings that generally have a business-to-business relationship and a different margin profile than its subscription segment, including writing policies on behalf of third parties and other products and software solutions. The Company’s core Trupanion product provides software that is designed to communicate directly with a veterinary hospitals practice management software. The company provides Powered by Trupanion pet insurance product offerings marketed by third parties and, in Canada. The Company’s low and medium average revenue per unit (ARPU) products marketed under the brand Furkin and PHI Direct.

Industry: Hospital & Medical Service Plans Peers: American National Group Inc. Brighthouse Financial, Inc. CNO Financial Group, Inc. GENWORTH FINANCIAL INC LINCOLN NATIONAL CORP METLIFE INC Oscar Health, Inc. Unum Group Primerica, Inc.