Trupanion, Inc. (TRUP) Financial Statements (2024 and earlier)

Company Profile

Business Address 6100 4TH AVENUE SOUTH
SEATTLE, WA 98108
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6324 - Hospital and Medical Service Plans (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments236,065244,624222,409182,944243,035259,033
Cash and cash equivalents118,417126,71465,60585,506101,615122,462
Short-term investments117,648117,910156,80497,438141,420136,571
Other undisclosed current assets284,530265,735246,687238,884219,497203,523
Total current assets:520,595510,359469,096421,828462,532462,556
Noncurrent Assets
Property, plant and equipment97,98494,47290,70187,06683,04180,368
Long-term investments and receivables9,8188,4408,14155,1198,0167,684
Long-term investments9,8188,4408,14155,1198,0167,684
Intangible assets, net (including goodwill)65,51066,05466,01448,85349,16353,111
Goodwill43,87743,03141,98329,52629,40531,794
Intangible assets, net (excluding goodwill)21,63323,02324,03119,32719,75821,317
Other noncurrent assets18,15319,54418,94321,55319,24617,722
Other undisclosed noncurrent assets18,13119,04518,73213,47713,17213,170
Total noncurrent assets:209,596207,555202,531226,068172,638172,055
TOTAL ASSETS:730,191717,914671,627647,896635,170634,611
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities36,81136,94442,08738,73937,65235,541
Accounts payable6,9187,3849,4717,6276,4775,795
Accrued liabilities29,89329,56032,61631,11231,17529,746
Deferred revenue236,545225,513202,692202,504185,292170,990
Debt1,1001,2631,103600609609
Other undisclosed current liabilities56,20248,29543,73439,54236,63738,524
Total current liabilities:330,658312,015289,616281,385260,190245,664
Noncurrent Liabilities
Long-term debt and lease obligation102,934102,936 53,56053,62353,662
Long-term debt, excluding current maturities102,934102,936 53,56053,62353,662
Liabilities, other than long-term debt7,8418,1544,9687,2136,6036,752
Deferred income tax liabilities2,9403,130 2,6012,4802,690
Other liabilities4,9015,0244,9684,6124,1234,062
Other undisclosed noncurrent liabilities   71,746   
Total noncurrent liabilities:110,775111,09076,71460,77360,22660,414
Total liabilities:441,433423,105366,330342,158320,416306,078
Equity
Equity, attributable to parent288,758294,809305,297305,738314,754328,533
Treasury stock, value(16,534)(16,534)(16,534)(16,534)(16,530)(10,779)
Additional paid in capital519,450511,940499,694490,566481,818472,878
Accumulated other comprehensive income (loss)(4,102)(4,255)(6,301)(6,017)(1,171)2,179
Accumulated deficit(210,056)(196,342)(171,562)(162,277)(149,363)(135,745)
Total equity:288,758294,809305,297305,738314,754328,533
TOTAL LIABILITIES AND EQUITY:730,191717,914671,627647,896635,170634,611

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues270,566256,329246,009233,760219,411205,999
Cost of revenue(241,193)(229,983)(212,360)(203,701)(190,828)(176,105)
Gross profit:29,37326,34633,64930,05928,58329,894
Operating expenses(42,390)(50,761)(42,781)(41,901)(41,312)(38,939)
Other undisclosed operating income (loss)(73)(71)(85)(57)(42)(69)
Operating loss:(13,090)(24,486)(9,217)(11,899)(12,771)(9,114)
Nonoperating income
(Other Nonoperating income)
2,0781,9021,504889365314
Interest and debt expense(2,940)(2,387)(1,587)(1,408)(1,193)(79)
Loss from continuing operations before equity method investments, income taxes:(13,952)(24,971)(9,300)(12,418)(13,599)(8,879)
Loss from equity method investments   (253)   
Other undisclosed income from continuing operations before income taxes   253   
Loss from continuing operations before income taxes:(13,952)(24,971)(9,300)(12,418)(13,599)(8,879)
Income tax expense (benefit)23819115(496)(19)24
Loss from continuing operations:(13,714)(24,780)(9,285)(12,914)(13,618)(8,855)
Loss before gain (loss) on sale of properties:(12,914)(13,618)(8,855)
Net loss available to common stockholders, diluted:(13,714)(24,780)(9,285)(12,914)(13,618)(8,855)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net loss:(13,714)(24,780)(9,285)(12,914)(13,618)(8,855)
Other comprehensive income (loss)1532,046(284)(4,846)(3,350)(898)
Comprehensive loss, net of tax, attributable to parent:(13,561)(22,734)(9,569)(17,760)(16,968)(9,753)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: