Lemonade Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Dec '25 Dec 11, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2017 - 2019
Market Capitalization	4,356	2,092	885	785	1,917	5,078	Upgrade
Market Cap Growth	53.29%	136.27%	12.76%	-59.03%	-62.25%	-	Upgrade
Enterprise Value	4,211	1,900	733	629	1,681	4,656	Upgrade
PS Ratio	8.89	4.97	2.62	3.69	20.21	73.44	Upgrade
PB Ratio	11.34	4.41	1.59	1.09	2.63	12.81	Upgrade
EV/Sales Ratio	8.54	4.52	2.17	2.95	17.72	67.34	Upgrade
Debt / Equity Ratio	0.29	0.18	0.06	0.04	0.02	-	Upgrade
Quick Ratio	0.84	0.69	0.71	1.13	1.30	2.77	Upgrade
Current Ratio	1.26	1.13	1.17	1.79	1.94	3.39	Upgrade
Asset Turnover	0.35	0.30	0.26	0.16	0.11	0.15	Upgrade
Return on Equity (ROE)	-31.34%	-31.05%	-30.07%	-32.11%	-31.56%	-29.16%	Upgrade
Return on Assets (ROA)	-5.48%	-7.10%	-8.38%	-11.18%	-12.48%	-12.15%	Upgrade
Return on Capital (ROIC)	-15.19%	-17.01%	-16.83%	-18.72%	-18.82%	-18.00%	Upgrade
Earnings Yield	-2.97%	-7.72%	-21.00%	-31.47%	-9.30%	-1.76%	Upgrade
FCF Yield	-0.56%	-0.79%	-11.38%	-18.30%	-5.93%	-1.39%	Upgrade
Buyback Yield / Dilution	-3.67%	-1.96%	-7.30%	-6.04%	-81.92%	-202.53%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.