Added to YB: 2025-03-21
Pitch date: 2025-03-20
LMND [neutral]
Lemonade, Inc.
+70.2%
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, Louisiana, and the United Kingdom.
Market Cap
$4.1B
Pitch Price
$33.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
-45.36
P/E
-28.47
EV/Sales
4.60
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)