Lemonade, Inc. (BMV:LMND)

Lemonade Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Premiums Earned	413.7	370.6	315.2	172.4	77	77.3
Investment Income	37.2	34	24.7	8.4	1.9	1.5
Total Other Revenues	149.8	121.9	89.9	75.9	49.5	15.6
Revenue	600.7	526.5	429.8	256.7	128.4	94.4
Revenue Growth (YoY)	27.51%	22.50%	67.43%	99.92%	36.02%	40.27%
Insurance Benefits & Claims	303.5	277	280.4	167.3	71.9	54.7
Policy Amortization Costs	88.2	76.8	59.2	44	24.1	14.4
Other Operating Expenses	416.6	376.6	320	340.2	266	146.1
Operating Income	-207.6	-203.9	-229.8	-294.8	-233.6	-120.8
Pretax Income	-207.6	-203.9	-229.8	-294.8	-233.6	-120.8
Provision for Income Taxes	-3.6	-1.7	7.1	3	7.7	1.5
Net Income	-204	-202.2	-236.9	-297.8	-241.3	-122.3
Net Income to Common	-204	-202.2	-236.9	-297.8	-241.3	-122.3
Shares Outstanding (Basic)	72	71	70	65	61	34
Shares Outstanding (Diluted)	72	71	70	65	61	34
Shares Change (YoY)	3.09%	1.96%	7.30%	6.04%	81.92%	202.53%
EPS (Basic)	-2.82	-2.85	-3.40	-4.59	-3.94	-3.63
EPS (Diluted)	-2.82	-2.85	-3.40	-4.59	-3.94	-3.63
Free Cash Flow	-21.4	-20.8	-128.3	-173.1	-154	-96.1
Free Cash Flow Per Share	-0.30	-0.29	-1.84	-2.67	-2.52	-2.86
Operating Margin	-34.56%	-38.73%	-53.47%	-114.84%	-181.93%	-127.97%
Profit Margin	-33.96%	-38.40%	-55.12%	-116.01%	-187.93%	-129.56%
FCF Margin	-3.56%	-3.95%	-29.85%	-67.43%	-119.94%	-101.80%
EBITDA	-188.6	-183.9	-209.8	-282.6	-229.9	-119.1
EBITDA Margin	-31.40%	-34.93%	-48.81%	-110.09%	-179.05%	-126.17%
EBIT	-207.6	-203.9	-229.8	-294.8	-233.6	-120.8
EBIT Margin	-34.56%	-38.73%	-53.47%	-114.84%	-181.93%	-127.97%
Effective Tax Rate	1.73%	0.83%	-3.09%	-1.02%	-3.30%	-1.24%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.