CLOVER HEALTH INVESTMENTS, CORP. /DE
CLOV · XNASCIK 1801170fmd_1SMH1JG4FPF9HKXNERM1B24P2CFinance, Insurance and Real Estate · Hospital & Medical Service PlansTemplate: Insurance
Coverage: Jan 01, 2019 to Sep 30, 2026, 28 periods
| Line item | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Net premiums earned | 457 | 666 | 799 | 1,085 | 1,236 | 1,345 | 1,892 |
| Total revenues | 462 | 673 | 1,472 | 1,097 | 1,261 | 1,371 | 1,924 |
| Net investment income | 5 | 3 | 1 | 8 | 18 | 23 | 19 |
| Realized investment gains (losses) | 0 | 1 | (0) | (0) | 0 | 0 | 1 |
| Gross profit | – | – | (79) | 70 | 257 | – | – |
| Losses and loss adjustment expenses | – | 590 | 1,551 | 993 | 1,005 | 1,006 | 1,568 |
| Compensation and benefits | 92 | 71 | 260 | 279 | 257 | 232 | 225 |
| Total operating expenses | 645 | 766 | 2,109 | 1,383 | 1,466 | 1,417 | 2,010 |
| Operating income | (183) | (93) | (637) | (287) | (205) | (46) | (86) |
| Interest expense | 23 | 36 | 3 | 1 | 0 | 0 | 0 |
| Interest and investment income | – | 0 | – | – | – | – | – |
| Income before taxes | – | – | – | – | (213) | (43) | (86) |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | – | – | – | (255) | (210) | (46) | (86) |
| Net income | (364) | (136) | (588) | (340) | (213) | (43) | (86) |
| Net income to common shareholders | (364) | (136) | (588) | (340) | (213) | – | – |