Added to YB: 2025-03-21
Pitch date: 2025-03-20
LMND [neutral]
Lemonade, Inc.
+132.25%
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
$33.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
-36.59
P/E
-29.66
EV/Sales
7.71
Sector
Insurance
Category
growth
Lemonade’s Q4 Surge: Hits Record-Low Loss Ratio, Revs Up for a Car Insurance Boom
LMND (holding update): Q4 IFP $944M (+26% YoY), adj FCF $27M. First cash flow positive year ($48M). Car insurance cautiously scaling, aiming for billions. ADR 86% (89% adjusted). AI driving efficiency: 2000 customers/employee vs 150-450 for peers. Loss ratio down to 62%. Rule of 40 score: 64. Thesis intact, watching for 30% IFP growth & car insurance takeoff.
Read full article (6 min)