お知らせ • Aug 09
Metromile Files Form 15 Metromile, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share. お知らせ • Aug 03
Eis Software Limited acquired Metromile Enterprise Solutions, LLC from Metromile, Inc. Eis Software Limited acquired Metromile Enterprise Solutions, LLC from Metromile, Inc. on August 1, 2022. The transaction was completed in all-cash. Keefe, Bruyette & Woods, a Stifel Company, acted as financial advisor for Metromile.
Eis Software Limited completed the acquisition of Metromile Enterprise Solutions, LLC from Metromile, Inc. on August 1, 2022. お知らせ • Jul 30
Metromile, Inc.(NasdaqCM:MILE) dropped from NASDAQ Composite Index INSU Acquisition Corp. II has been removed from NASDAQ Composite Index . お知らせ • Jun 26
Metromile, Inc.(NasdaqCM:MILE) dropped from Russell 2500 Value Index Metromile, Inc.(NasdaqCM:MILE) dropped from Russell 2500 Value Index Major Estimate Revision • May 17
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from US$71.8m to US$103.8m. EPS estimate fell from -US$0.64 to -US$1.00 per share. Insurance industry in the US expected to see average net income decline 5.9% next year. Consensus price target down from US$4.17 to US$1.00. Share price rose 11% to US$1.02 over the past week. Reported Earnings • May 11
First quarter 2022 earnings: Revenues exceed analyst expectations First quarter 2022 results: Revenue: US$20.7m (up 20% from 1Q 2021). Net loss: US$34.3m (loss narrowed 67% from 1Q 2021). Revenue exceeded analyst estimates by 78%. Over the next year, revenue is forecast to grow 5.2% while the industry in the US is not expected to grow. Price Target Changed • Apr 27
Price target decreased to US$4.17 Down from US$4.53, the current price target is provided by 1 analyst. New target price is 309% above last closing price of US$1.02. The company is forecast to post a net loss per share of US$0.64 next year compared to a net loss per share of US$1.89 last year. Major Estimate Revision • Mar 07
Consensus EPS estimates fall by 56% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$74.7m to US$71.8m. Losses expected to increase from US$0.41 per share to US$0.64. Insurance industry in the US expected to see average net income decline 12% next year. Consensus price target down from US$4.53 to US$4.17. Share price fell 17% to US$1.01 over the past week. Reported Earnings • Mar 03
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: US$1.89 loss per share (up from US$13.51 loss in FY 2020). Revenue: US$104.9m (up 199% from FY 2020). Net loss: US$216.5m (loss widened 80% from FY 2020). Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is expected to shrink by 32% compared to a 1.8% decline forecast for the insurance industry in the US. Reported Earnings • Nov 21
Third quarter 2021 earnings released: US$0.21 loss per share (vs US$1.20 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$30.0m (up 277% from 3Q 2020). Net loss: US$26.8m (loss widened 152% from 3Q 2020). Board Change • Sep 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Chairman of the Board John Butler was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Chairman of the Board John Butler was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Chairman of the Board John Butler was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
High number of new directors Director John Butler was the last director to join the board, commencing their role in 2021. お知らせ • May 19
Metromile, Inc. announced delayed 10-Q filing On 05/18/2021, Metromile, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Mar 17
Metromile, Inc. to Report Q4, 2020 Results on Mar 30, 2021 Metromile, Inc. announced that they will report Q4, 2020 results After-Market on Mar 30, 2021 お知らせ • Feb 26
Metromile, Inc. Appoints Junna Ro as General Counsel Metromile, Inc. announced insurance industry veteran Junna Ro joined the company as general counsel. In her role, Ro oversees a growing team of legal, regulatory and compliance professionals as a member of the leadership team.
Ro joins Metromile with more than 15 years of experience in the insurance industry at CSAA Insurance Group, a AAA insurer and one of the top 20 personal lines property and casualty insurance groups in the U.S. She was vice president, chief ethics and compliance officer and associate general counsel, responsible for the corporate compliance and ethics, privacy, product forms and employment law functions.