TIPTREE INC.
TIPT · XNASCIK 1393726fmd_10AFXD6PG69E41C6W0MJXT9DRVFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance
Coverage: Jan 01, 2011 to Sep 30, 2026, 63 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 47 | – | – | – | – | – | – | – | – | – |
| Total interest income | – | – | – | – | – | 8 | 12 | 16 | 18 | – |
| Total revenues | 506 | 582 | 626 | 773 | 810 | 1,201 | 1,398 | 2 | 2 | 0 |
| Net premiums earned | 229 | 372 | 428 | 499 | 478 | 686 | 905 | 1,128 | 1,472 | – |
| Net interest income | – | – | – | – | – | (30) | (18) | (12) | (14) | – |
| Commissions and fees | 109 | 95 | – | – | – | – | – | – | – | – |
| Realized investment gains (losses) | 71 | 64 | 65 | 80 | 122 | 151 | 105 | 30 | (58) | (2) |
| Provision for credit losses | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – |
| Losses and loss adjustment expenses | 85 | 109 | 135 | 151 | 178 | 253 | 362 | 483 | 722 | – |
| Net interest income after provision | – | – | – | – | – | (30) | (18) | (12) | (14) | – |
| Selling, general and administrative | 15 | 15 | 16 | 19 | 22 | 37 | 26 | 38 | 43 | – |
| Gain on sale of real estate | – | – | 2 | – | – | – | – | – | – | – |
| Non-interest income | – | – | – | – | – | – | – | – | – | – |
| Policy acquisition costs | 142 | 221 | 246 | 288 | 266 | 375 | 479 | 584 | 658 | – |
| Total operating expenses | 478 | 596 | 646 | 744 | 849 | 1,135 | 1,344 | 46 | 42 | 47 |
| Compensation and benefits | 116 | 116 | 114 | 129 | 173 | 207 | 183 | 31 | 29 | 34 |
| Impairment of real estate | 0 | 0 | – | – | – | – | – | – | – | – |
| Operating income | – | – | – | – | – | – | – | (43) | (40) | (47) |
| Interest expense | 21 | 26 | 27 | 27 | 33 | 38 | 30 | 28 | 32 | – |
| Interest and investment income | 15 | 18 | – | – | – | – | – | – | – | – |
| Income before taxes | 49 | (3) | (20) | 29 | (39) | 65 | 54 | (43) | (39) | (45) |
| Income tax expense | 13 | (13) | (6) | 9 | (14) | 21 | 50 | (5) | (6) | (6) |
| Net income from continuing operations | 37 | 9 | (14) | 20 | (25) | 44 | 4 | (39) | (32) | (39) |
| Net income | 25 | 4 | 24 | 18 | (29) | 38 | (8) | 14 | 53 | 35 |
| Net income to common shareholders | – | – | 24 | 18 | (29) | 37 | (8) | 14 | 53 | 35 |