Lemonade (LMND) Financials

LMND Financials: Lemonade Inc (LMND) generates its income primarily through the sale of insurance policies. The company's income statement shows its revenue, expenses, and net income. In the most recent financial period, Lemonade Inc reported total revenue of $94 million. Gross profit, which is calculated by subtracting the cost of goods sold from revenue, amounted to $51 million. After deducting operating expenses, the company's earnings before interest and taxes (EBIT) stood at $-43 million. EBITDA, a measure of the company's operating performance, was also negative at $-33 million. Finally, the net income attributed to the stockholders was reported as $-49 million.

Lemonade Inc's balance sheet provides a snapshot of its financial health at a particular point in time. The company's total assets were valued at $1.1 billion, while total liabilities amounted to $541 million. Stockholders' equity, which represents the residual interest in the assets after deducting liabilities, stood at $558 million. Cash equivalents, which include short-term investments that can be readily converted to cash, were worth $157 million. The company's net debt, which is calculated by subtracting cash and cash equivalents from total debt, was $41 million. Taking into account the company's financing and investing activities, Lemonade Inc's cash flow from operating, financing, and investing activities amounted to $-38 million, $152 million, and $-113 million, respectively. The company also had a negative free cash flow of $-45 million.