Trupanion Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	0.98	0.37	1	0.16	1.01
Investments in Equity & Preferred Securities	-	1.5	5.3	-	-
Other Investments	232.71	147.09	141.54	164.49	132.06
Total Investments	233.69	148.96	147.83	164.65	133.07
Cash & Equivalents	138.02	160.3	147.5	65.61	87.4
Other Receivables	304.45	279.93	278.7	248.04	177.32
Deferred Policy Acquisition Cost	8.5	7.5	7.4	-	4.3
Property, Plant & Equipment	119.53	102.55	103.65	90.7	77.95
Goodwill	39.38	36.97	43.71	41.98	32.71
Other Intangible Assets	24.1	13.18	18.75	24.03	22.66
Other Current Assets	9.89	8.41	9.62	14.25	8.03
Other Long-Term Assets	37.48	49.05	25.79	22.38	19.15
Total Assets	915.04	806.85	782.95	671.63	562.58
Accounts Payable	16.45	11.53	10.51	9.47	8.95
Accrued Expenses	55.74	33.47	34.05	32.62	28.16
Unpaid Claims	55.92	51.64	63.24	43.73	39.67
Unearned Premiums	270.94	251.64	235.33	202.69	146.91
Current Portion of Long-Term Debt	10	1.35	1.35	1.1	-
Current Portion of Leases	0.77	-	-	-	-
Long-Term Debt	101.78	127.54	127.58	68.35	-
Long-Term Leases	13.4	0.36	-	-	-
Long-Term Deferred Tax Liabilities	1.51	1.95	2.69	3.39	2.83
Other Long-Term Liabilities	4.61	4.11	4.49	4.97	3.86
Total Liabilities	531.11	483.59	479.23	366.33	230.38
Additional Paid-In Capital	604.83	568.3	536.11	499.69	466.79
Retained Earnings	-206.46	-225.89	-216.26	-171.56	-126.89
Treasury Stock	-16.53	-16.53	-16.53	-16.53	-10.78
Comprehensive Income & Other	2.1	-2.61	0.4	-6.3	3.08
Shareholders' Equity	383.94	323.27	303.72	305.3	332.2
Total Liabilities & Equity	915.04	806.85	782.95	671.63	562.58
Filing Date Shares Outstanding	43.43	42.49	41.81	41.02	40.51
Total Common Shares Outstanding	43.4	42.49	41.86	41.01	40.48
Total Debt	125.95	129.25	128.93	69.46	-
Net Cash (Debt)	12.08	31.05	18.57	-3.85	87.4
Net Cash Growth	-61.10%	67.17%	-	-	-37.11%
Net Cash Per Share	0.28	0.74	0.45	-0.09	2.18
Book Value Per Share	8.85	7.61	7.26	7.44	8.21
Tangible Book Value	320.45	273.12	241.26	239.28	276.83
Tangible Book Value Per Share	7.38	6.43	5.76	5.83	6.84
Land	15.91	15.91	15.91	15.91	15.91
Buildings	49.4	49.36	48.97	48.96	48.55
Machinery	5.04	6.12	6.13	6.81	6.26
Construction In Progress	9.76	16.07	34.63	21.42	0.54

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.