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Added to YB: 2024-09-26

Pitch date: 2024-09-24

LMND [bullish]

Lemonade, Inc.

+353.67%

current return

Author Info

Lorenzo's 2 cents shares analyses of tech companies. Sign up for the newsletter.

Company Info

Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom.

Market Cap

$5.3B

Pitch Price

$17.16

Price Target

N/A

Dividend

N/A

EV/EBITDA

-36.59

P/E

-29.66

EV/Sales

7.71

Sector

Insurance

Category

growth

Show full summary:
Lemonade: a path to growth with near-zero marginal cost?

LMND: Insurtech disrupting industry w/ AI-driven tech. 88% retention, 98% AI claims handling. SGA/revenue growth declining. Organic traffic rising. Loss ratio improving w/ IFP growth. Cash flow positive. Risks: high loss ratio, competitive market. Potential multi-bagger if AI flywheel continues improving.

Read full article (10 min)