Company name:

Trupanion Inc

  • IPO SHARE PRICE:
    $10.00
  • IPO DATE:
    July 18, 2014
  • TICKER:
    TRUP
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    6100 4th Avenue S Suite 200 Seattle Washington 98108 855 727 - 9079
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Trupanion Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
45,679
45,679
 242,667 303,956 383,936 502,028 502,028 570,748
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
101.0%
69.9% —

Veterinary invoice expense

13.7% —

Other cost of revenue

9.5% —

Sales and marketing

4.4% —

General and administrative

2.0% —

Product technology and development

1.4% —

Depreciation and amortization
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Veterinary invoice expense
-
-
-
45,679
45,679
 170,122 214,539 270,947 351,124 351,124 392,676
Claims expenses
45,679
45,679
45,679
-
-
 - - - - - -
Other cost of revenue
45,679
45,679
45,679
45,679
45,679
 29,495 38,051 48,065 69,003 69,003 83,700
Total cost of revenue
-
-
-
-
-
 - 252,590 319,012 420,127 420,127 -
Gross profit
45,679
45,679
45,679
45,679
45,679
 $43,050 $51,366 $64,924 - - -
Product technology and development
45,679
45,679
45,679
45,679
45,679
 9,768 5,796 7,025 9,947 9,947 2,920
Sales and marketing
45,679
45,679
45,679
45,679
45,679
 19,104 24,999 35,451 47,837 47,837 59,236
General and administrative
45,679
45,679
45,679
45,679
45,679
 16,820 17,104 18,384 21,847 21,847 16,440
Depreciation and amortization
-
-
-
-
-
 - 4,512 5,632 7,071 7,071 -
Total operating expenses
45,679
45,679
45,679
45,679
45,679
 $45,692 $52,411 $66,492 $86,702 $86,702 $106,880
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
1.0%
1.0% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
 ($2,642) ($1,045) ($1,920) ($4,927) ($4,927) ($12,676)
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.1%
0.0% —

Gain (loss) from investment in joint venture

0.1% —

Other income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Gain (loss) from investment in joint venture
-
-
-
-
-
 - - (352) (126) (126) (168)
Other expense or income
45,679
45,679
-
45,679
-
 - - - - - -
Other income
-
-
45,679
-
45,679
 (1,244) (1,309) (1,629) (581) (581) (192)
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
 (1,244) (1,309) (1,981) (707) (707) (360)
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
1.1%
1.1% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
 ($3,886) ($2,354) ($3,901) ($5,634) ($5,634) ($13,036)
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.3%
0.0% —

Income tax expense or benefit

0.3% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
45,679
45,679
45,679
 533 1,198 1,349 1,381 1,381 1,348
Income before income taxes
45,679
45,679
45,679
45,679
45,679
 (1,931) (934) (1,640) (5,727) (5,727) (13,832)
Income tax expense or benefit TEST - ODD
45,679
45,679
45,679
45,679
45,679
 (428) (7) 169 113 113 176
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
1.2%
1.2% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
 ($1,503) ($927) ($1,809) ($5,840) ($5,840) ($14,008)
Premium on preferred stock redemption
45,679
-
-
-
-
 - - - - - -
Net income (loss) attributable to common stock
45,679
-
-
-
-
 - - - - - -

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
45,678,795
45,678,795
45,678,795
 30,128,277 34,332,607 34,958,851 39,473,833 39,473,833 39,473,833
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.05) ($0.03) ($0.05) ($0.16) ($0.16) ($0.36)
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.05) ($0.03) ($0.05) ($0.16) ($0.16) ($0.36)