Tillkännagivande • Jun 30
Lemonade Expands Renters Insurance to Mississippi Lemonade announced the availability of its renters insurance in Mississippi. The expansion gives renters across the state a simple, fast way to get coverage that fits their lifestyles. Lemonade Renters provides flexible coverage options via an app where renters can get quotes, purchase policies, update existing policies, and file claims, all in one place. About 40% of claims are handled instantly, helping renters receive assistance more quickly after a covered loss. Coverage starts at just $5 per month, making it one of the more affordable renters insurance options available. Based on company and industry data, Lemonade's renters insurance rates are approximately 30% lower than the national average. Customers may also be eligible for additional savings through policy bundling, having qualifying home safety devices, or choosing annual billing. Lemonade currently serves more than 3 million active customers and has earned recognition from organizations and publications including Forbes, CNBC, and U.S. News & World Report for its insurance products and customer experience. Tillkännagivande • Jun 25
Lemonade Launches Autonomous Car Insurance for Tesla Drivers in Colorado Lemonade announced that its Autonomous Car insurance is now available in Colorado. Lemonade Autonomous Car is a first-of-its-kind product that gives Tesla owners 50% off every mile driven using Tesla's Full Self-Driving (Supervised) technology. Colorado Tesla drivers can now get a quote in seconds through the Lemonade app or at tesla.lemonade.com/fsd, and receive further savings when bundled with Lemonade Renters, Pet, or Home insurance. Lemonade continues to offer its existing Car insurance, which supports most popular cars as well as Teslas, in Arizona, California, Colorado, Illinois, Indiana, Ohio, Oregon, Tennessee, Texas, and Washington. Tillkännagivande • Jun 13
Lemonade Launches Renters Insurance in Montana Lemonade announced that its renters insurance is now available in Montana, giving residents a fast and affordable way to protect their belongings. Designed for renters who want a simpler insurance experience, Lemonade makes it possible to get a quote, purchase coverage, update a policy, and file a claim directly from its app. Nearly 40% of claims are handled instantly. Policies start at $5 per month, and according to company and industry data, Lemonade's renters insurance rates are approximately 30% lower than the national average. Additional savings may be available for customers who bundle eligible insurance products, install qualifying safety devices, or choose annual billing. Lemonade serves more than 3 million customers and has been recognized by publications including Forbes, CNBC, and U.S. News & World Report for its insurance products and customer experience. New Risk • Jun 10
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: Mex$4.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Significant insider selling over the past 3 months (Mex$4.8m sold). Recent Insider Transactions • Jun 08
Key Executive recently sold Mex$2.0m worth of stock On the 3rd of June, Timothy Bixby sold around 2k shares on-market at roughly Mex$920 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$52m. Tillkännagivande • May 09
Lemonade Inc Expands Renters Insurance to West Virginia Lemonade Inc. has announced the launch of its renters insurance product in West Virginia. This expansion brings Lemonade’s digital, customizable coverage to renters statewide, further strengthening the company’s presence across the United States. Lemonade Renters is designed to cover the belongings renters cherish while delivering a best-in-class customer experience. Policies start from $5 per month and are built to be flexible, allowing customers to select coverage amounts and deductibles that fit their lifestyle and budget. Based on the latest industry and Lemonade data, across the U.S., Lemonade Renters is 30% more affordable than the typical renters policy. West Virginia renters can get a quote, purchase a policy, make changes, and file a claim directly through the Lemonade app. The company’s seamless digital experience enables customers to receive a quote in minutes and manage their coverage on their own terms. Approximately 40% of claims are handled instantly, helping customers recover quickly after covered events. Customers may also access savings by bundling policies, installing protective devices, or choosing to pay annually instead of monthly. Lemonade partners with more than 3 million active customers and has earned recognition from organizations including Forbes, CNBC, and U.S. News and World Report for its renters insurance offering. With the addition of West Virginia, Lemonade continues to expand its availability, reaching the majority of the U.S. population. Renters insurance in West Virginia is typically very affordable, with many policies starting around $10–$20 per month depending on coverage levels and location. Leading providers like Lemonade offer policies starting as low as $5 per month, making coverage accessible for most renters. Pricing varies based on factors like deductible, coverage limits, and add-ons. Renters insurance generally covers personal belongings against theft and certain types of damage, as well as liability protection and additional living expenses if your home becomes uninhabitable. Coverage details can vary by provider and policy. Companies like Lemonade include flexible coverage options that allow renters to tailor protection to their needs. Renters insurance is not required by law in West Virginia, but many landlords require tenants to carry a policy as part of the lease agreement. Even when it’s optional, it provides valuable protection against unexpected events like theft, fire, or liability claims. Providers like Lemonade make it easy to get covered quickly, often in just a few minutes. Getting renters insurance in West Virginia is simple and can often be completed entirely online or through a mobile app. Renters can compare coverage options, choose deductibles, and purchase a policy within minutes. Digital insurers like Lemonade allow customers to manage everything—from quotes to claims—without paperwork or agent visits. Reported Earnings • May 02
First quarter 2026 earnings released: US$0.47 loss per share (vs US$0.86 loss in 1Q 2025) First quarter 2026 results: US$0.47 loss per share (improved from US$0.86 loss in 1Q 2025). Revenue: US$258.0m (up 71% from 1Q 2025). Net loss: US$35.8m (loss narrowed 43% from 1Q 2025). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Breakeven Date Change • Apr 30 The 10 analysts covering Lemonade previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 51% per year to 2027. The company is expected to make a profit of US$62.5m in 2028. Average annual earnings growth of 97% is required to achieve expected profit on schedule.
Tillkännagivande • Apr 23
Lemonade, Inc., Annual General Meeting, Jun 03, 2026 Lemonade, Inc., Annual General Meeting, Jun 03, 2026. Tillkännagivande • Apr 10
Lemonade, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Lemonade, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 29, 2026 Reported Earnings • Feb 20
Full year 2025 earnings released: US$2.24 loss per share (vs US$2.85 loss in FY 2024) Full year 2025 results: US$2.24 loss per share (improved from US$2.85 loss in FY 2024). Revenue: US$737.9m (up 40% from FY 2024). Net loss: US$165.5m (loss narrowed 18% from FY 2024). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 27
Lemonade, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Lemonade, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Tillkännagivande • Jan 21
Lemonade Unveils Autonomous Car Insurance, Slashing Rates for Tesla FSD Miles by 50% Lemonade announced the launch of Lemonade Autonomous Car insurance, a first-of-its-kind product designed specifically for self-driving cars, starting with Tesla FSD. The new offering cuts per-mile rates for FSD-engaged driving by approximately 50%, reflecting what the data shows to be significantly reduced risk during autonomous operation. Lemonade expects further reductions as Tesla releases FSD software updates, which are anticipated to make the cars even safer over time. The launch is the result of a technical collaboration with Tesla, giving Lemonade access to vehicle data that was previously unavailable. Data captured then feeds into Lemonade’s usage-based risk prediction models, already among the most advanced in the industry, to uniquely distinguish between autonomous and human driving, as well as predict risk based on the autonomous software version installed in the car, the precision of its sensors, and more. The product will begin rolling out in Arizona on January 26 and in Oregon a month later. Lemonade continues to offer its existing Car insurance, which supports most popular cars as well as Teslas, in Arizona, California, Colorado, Illinois, Indiana, Ohio, Oregon, Tennessee, Texas, and Washington. Breakeven Date Change • Dec 31
Forecast to breakeven in 2028 The 9 analysts covering Lemonade expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$39.0m in 2028. Average annual earnings growth of 45% is required to achieve expected profit on schedule. Recent Insider Transactions • Dec 09
Key Executive recently sold Mex$3.8m worth of stock On the 2nd of December, Timothy Bixby sold around 3k shares on-market at roughly Mex$1,331 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$42m. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$54m. Recent Insider Transactions • Dec 07
Key Executive recently sold Mex$3.8m worth of stock On the 2nd of December, Timothy Bixby sold around 3k shares on-market at roughly Mex$1,331 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$42m. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$54m. Recent Insider Transactions • Nov 28
Chief Insurance Officer recently sold Mex$5.1m worth of stock On the 24th of November, John Peters sold around 4k shares on-market at roughly Mex$1,356 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$42m. Insiders have been net sellers, collectively disposing of Mex$72m more than they bought in the last 12 months. Recent Insider Transactions • Nov 26
Chief Insurance Officer recently sold Mex$5.1m worth of stock On the 24th of November, John Peters sold around 4k shares on-market at roughly Mex$1,356 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$42m. Insiders have been net sellers, collectively disposing of Mex$72m more than they bought in the last 12 months. Recent Insider Transactions • Nov 14
Key Executive recently sold Mex$42m worth of stock On the 11th of November, Timothy Bixby sold around 30k shares on-market at roughly Mex$1,384 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$50m. Reported Earnings • Nov 06
Third quarter 2025 earnings released: US$0.51 loss per share (vs US$0.95 loss in 3Q 2024) Third quarter 2025 results: US$0.51 loss per share (improved from US$0.95 loss in 3Q 2024). Revenue: US$194.5m (up 42% from 3Q 2024). Net loss: US$37.5m (loss narrowed 45% from 3Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Nov 06
Lemonade, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2025 Lemonade, Inc. provided earnings guidance for the fourth quarter and full year 2025. For the fourth quarter, the company expects in force premium at December 31 of between $1.218 billion and $1.223 billion, gross earned premium between $283 million and $286 million, revenue between $217 million and $222 million.
Given strong year-to-date performance, the company raising full year 2025 guidance across in force premium, gross earned premium, revenue. And this implies for the full year, gross earned premium of between $1.044 billion and $1.047 billion, revenue between $727 million and $732 million. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Geoff Seeley was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 16
Lemonade, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Lemonade, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Tillkännagivande • Oct 15
Lemonade Appoints Prashant Ratanchandani to Its Board of Directors, Effective October 15, 2025 Lemonade announced it has named Prashant Ratanchandani to its Board of Directors, effective October 15, 2025. Mr. Ratanchandani, Meta’s Vice President of Engineering for AI Products, leads the engineering teams responsible for building Meta’s Generative AI products. At Meta, he has held multiple leadership roles, scaling technical organizations that underpin core experiences across the company’s family of apps. Prior to Meta, Ratanchandani served in leadership positions at Microsoft, where he worked on scaling the Windows operating system. He holds a Bachelor of Technology in Computer Science from the Indian Institute of Technology, Kharagpur—where he received the prestigious B.C. Roy Gold Medal—and a Master of Science degree from the University of Illinois at Urbana-Champaign. Along with Ratanchandani, Lemonade’s current board of directors is composed of Lemonade co-Founders Daniel Schreiber and Shai Wininger, Michael Eisenberg, Deb Schwartz, Dr. Samer Haj-Yehia, Maria Angelidou-Smith, and Geoff Seeley. Tillkännagivande • Oct 07
Lemonade Appoints Geoff Seeley to Board of Directors, Effective October 6, 2025 Lemonade announced On October 6, 2025, the Board, upon the recommendation of its Nominating and Corporate Governance Committee, appointed Mr. Geoff Seeley to the Board effective October 6, 2025. Mr. Seeley will serve as a Class I director for a term expiring at the Company’s annual meeting of stockholders to be held in 2027, until his successor is duly elected and qualified or his earlier death, disqualification, resignation or removal. Mr. Seeley, Chief Marketing Officer of PayPal Holdings, Inc., oversees global marketing for both PayPal and Venmo. Before joining PayPal, Seeley was Global Chief Marketing and Communications Officer at Afterpay, where he helped scale consumer and merchant adoption, culminating in the company’s $29 billion acquisition by Square. Earlier in his career, Seeley served as Global Head of Marketing at Airbnb, driving brand equity that fueled guest and host growth worldwide. Over his 30-year career, he has also held leadership roles at Unilever and Pearson, where he specialized in brand strategy, performance marketing, and large-scale rebrands. He holds a B.Sc. from University College London and is a frequent speaker at leading industry forums. Along with Seeley, Lemonade’s current board of directors is composed of Lemonade co-Founders Daniel Schreiber and Shai Wininger, Michael Eisenberg, Deb Schwartz, Dr. Samer Haj-Yehia, and Maria Angelidou-Smith. Recent Insider Transactions • Sep 12
Key Executive recently sold Mex$2.7m worth of stock On the 3rd of September, Timothy Bixby sold around 3k shares on-market at roughly Mex$940 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$8.4m. Recent Insider Transactions • Sep 08
Key Executive recently sold Mex$2.7m worth of stock On the 3rd of September, Timothy Bixby sold around 3k shares on-market at roughly Mex$940 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$9.2m. Reported Earnings • Aug 06
Second quarter 2025 earnings released: US$0.60 loss per share (vs US$0.81 loss in 2Q 2024) Second quarter 2025 results: US$0.60 loss per share (improved from US$0.81 loss in 2Q 2024). Revenue: US$164.1m (up 34% from 2Q 2024). Net loss: US$43.9m (loss narrowed 23% from 2Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Tillkännagivande • Jul 17
Lemonade, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Lemonade, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025 Recent Insider Transactions • Jun 11
Key Executive recently sold Mex$1.3m worth of stock On the 3rd of June, Timothy Bixby sold around 2k shares on-market at roughly Mex$679 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$840k. Recent Insider Transactions • Jun 08
Key Executive recently sold Mex$1.3m worth of stock On the 3rd of June, Timothy Bixby sold around 2k shares on-market at roughly Mex$679 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$840k. Reported Earnings • May 08
First quarter 2025 earnings released: US$0.86 loss per share (vs US$0.67 loss in 1Q 2024) First quarter 2025 results: US$0.86 loss per share (further deteriorated from US$0.67 loss in 1Q 2024). Revenue: US$151.2m (up 27% from 1Q 2024). Net loss: US$62.4m (loss widened 32% from 1Q 2024). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 21% per year. Tillkännagivande • Apr 24
Lemonade, Inc., Annual General Meeting, Jun 04, 2025 Lemonade, Inc., Annual General Meeting, Jun 04, 2025. Tillkännagivande • Apr 22
Lemonade, Inc. to Report Q1, 2025 Results on May 06, 2025 Lemonade, Inc. announced that they will report Q1, 2025 results Pre-Market on May 06, 2025 Recent Insider Transactions • Mar 13
CFO & Principal Accounting Officer recently sold Mex$4.4m worth of stock On the 4th of March, Timothy Bixby sold around 6k shares on-market at roughly Mex$705 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$129k. Reported Earnings • Feb 26
Full year 2024 earnings released: US$2.85 loss per share (vs US$3.40 loss in FY 2023) Full year 2024 results: US$2.85 loss per share (improved from US$3.40 loss in FY 2023). Revenue: US$526.5m (up 23% from FY 2023). Net loss: US$202.2m (loss narrowed 15% from FY 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Feb 14
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: Mex$12m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$125m net loss in 3 years). Significant insider selling over the past 3 months (Mex$12m sold). Tillkännagivande • Jan 31
Lemonade, Inc. to Report Q4, 2024 Results on Feb 25, 2025 Lemonade, Inc. announced that they will report Q4, 2024 results on Feb 25, 2025 Recent Insider Transactions • Dec 18
Lead Independent Director recently sold Mex$9.7m worth of stock On the 13th of December, Michael Eisenberg sold around 12k shares on-market at roughly Mex$809 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$15m more than they sold in the last 12 months. Recent Insider Transactions • Nov 15
Director recently bought Mex$21m worth of stock On the 13th of November, Maria Angelidou-Smith bought around 34k shares on-market at roughly Mex$619 per share. This transaction increased Maria's direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Mex$25m more in shares than they have sold in the last 12 months. Reported Earnings • Nov 01
Third quarter 2024 earnings released: US$0.95 loss per share (vs US$0.88 loss in 3Q 2023) Third quarter 2024 results: US$0.95 loss per share (further deteriorated from US$0.88 loss in 3Q 2023). Revenue: US$136.6m (up 19% from 3Q 2023). Net loss: US$67.7m (loss widened 10% from 3Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 31
Lemonade, Inc. Announces Board Changes, Effective October 31, 2024 Lemonade, Inc. announced it has named Maria Angelidou-Smith to its Board of Directors, effective October 31, 2024. Ms. Angelidou-Smith is an accomplished leader with a track record of scaling strong teams in growth environments and driving impactful product development. She is currently the Chief Product and Technology Officer of Personio, Europe’s leading HR software provider empowering small and mid-sized organizations. Maria previously served as Vice President of Product and General Manager at Meta, leading and scaling the monetization of the Facebook App as well as billion+ user products such as Facebook Groups, Events and Profile, and also held leadership roles with companies including Intuit and The Boston Consulting Group. She holds a BBA in Economics, Operations and Marketing from Athens University of Economics and Business, and an MBA from University of Michigan - Stephen M. Ross School of Business. Maria will replace departing Director Mwashuma (Shu) Nyatta, who has been a Lemonade director since November 2018. Mr. Nyatta recently notified the Company of his resignation, effective October 31, 2024. During his nearly six years on the Board, Shu has contributed invaluable insights through some of Lemonade’s biggest accomplishments, including the company’s IPO in 2020. Along with Maria, Lemonade’s Board is comprised of Lemonade co-Founders Daniel Schreiber and Shai Wininger, as well as Michael Eisenberg (Partner, Aleph), Deb Schwartz (CFO, H1), and Dr. Samer Haj-Yehia (former Chairman, Bank Leumi). Tillkännagivande • Oct 10
Lemonade, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Lemonade, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 New Risk • Sep 15
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: Mex$1.4m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$94m net loss in 3 years). Significant insider selling over the past 3 months (Mex$1.4m sold). Recent Insider Transactions • Sep 09
Chief Insurance Officer recently sold Mex$576k worth of stock On the 4th of September, John Peters sold around 2k shares on-market at roughly Mex$372 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$5.0m more than they sold in the last 12 months. Reported Earnings • Aug 01
Second quarter 2024 earnings released: US$0.81 loss per share (vs US$0.97 loss in 2Q 2023) Second quarter 2024 results: US$0.81 loss per share (improved from US$0.97 loss in 2Q 2023). Revenue: US$122.0m (up 17% from 2Q 2023). Net loss: US$57.2m (loss narrowed 15% from 2Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 09
Lemonade, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Lemonade, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Recent Insider Transactions • Jun 19
CFO & Principal Accounting Officer recently bought Mex$5.6m worth of stock On the 14th of June, Timothy Bixby bought around 20k shares on-market at roughly Mex$281 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Timothy has been a buyer over the last 12 months, purchasing a net total of Mex$6.7m worth in shares. Recent Insider Transactions • Jun 09
Chief Insurance Officer recently sold Mex$292k worth of stock On the 4th of June, John Peters sold around 1k shares on-market at roughly Mex$285 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$714k more than they sold in the last 12 months. New Risk • Jun 07
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: Mex$86k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$104m net loss in 3 years). Significant insider selling over the past 3 months (Mex$86k sold). Reported Earnings • May 01
First quarter 2024 earnings released: US$0.67 loss per share (vs US$0.95 loss in 1Q 2023) First quarter 2024 results: US$0.67 loss per share (improved from US$0.95 loss in 1Q 2023). Revenue: US$119.1m (up 25% from 1Q 2023). Net loss: US$47.3m (loss narrowed 28% from 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Apr 26
Lemonade, Inc., Annual General Meeting, Jun 05, 2024 Lemonade, Inc., Annual General Meeting, Jun 05, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect Daniel Schreiber and Mwashuma Nyatta as Class I Directors to serve until the 2027 Annual Meeting of Stockholders, and until their respective successors have been duly elected and qualified; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; to approve, on an advisory (non-binding) basis, the compensation of named executive officers; and to transact such other business as may properly come before the Annual Meeting or any continuation, postponement, or adjournment of the Annual Meeting. Tillkännagivande • Apr 12
Lemonade, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Lemonade, Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Tillkännagivande • Apr 09
Lemonade Launches Homeowners Insurance in France Lemonade announced the launch of Homeowners insurance in France in partnership with BNP Paribas Cardif. Millions of occupying homeowners can now purchase extensive coverage for their home and belongings, featuring the same seamless Lemonade experience customers have come to know and love. Today’s launch builds on Lemonade’s entrance into France in December 2020, offering AI-powered renters insurance to protect residents’ belongings. With Lemonade’s European business making significant strides in 2023, the launch of Homeowners insurance throughout France will support the company’s continued growth as it expands globally. Lemonade’s Homeowners insurance is specifically crafted for customers in France, with the ability to get instantly covered through the Lemonade app, starting from EUR 10 per month. On top of the industry base coverage (fire, water damage, reconstruction costs, civil liability, etc.), the policy also provides a suite of add-ons to provide full-scope coverage and flexibility, including: School Insurance: extended coverage to children up to 18 years old, to provide coverage during school and extracurricular activities should an accident occur. Legal Protection: helping customers in case of disputes with a third party for a wide range of day-to-day situations (property, retail, work-related, and online reputation). Theft Outside the Home: providing protection should someone steal a customer’s belongings while on the go. Recent Insider Transactions • Mar 08
Chief Insurance Officer recently sold Mex$569k worth of stock On the 5th of March, John Peters sold around 2k shares on-market at roughly Mex$288 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$1.2m more than they bought in the last 12 months. Reported Earnings • Mar 01
Full year 2023 earnings released: US$3.40 loss per share (vs US$4.59 loss in FY 2022) Full year 2023 results: US$3.40 loss per share (improved from US$4.59 loss in FY 2022). Revenue: US$429.8m (up 67% from FY 2022). Net loss: US$236.9m (loss narrowed 20% from FY 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Feb 08
Lemonade, Inc. to Report Q4, 2023 Results on Feb 27, 2024 Lemonade, Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Tillkännagivande • Dec 21
Lemonade, Inc. Announces Executive Changes, Effective January 1, 2024 After two and a half years as Co-CEOs, the Company’s current Co-Executive Officers, Shai Wininger and Daniel Schreiber, prefer to return to their previously held positions as the Company’s President and the Company’s Chief Executive Officer, respectively, because they believe that the clarity this structure provides outweighs the benefits of the Co-Chief Executive Officer structure. After considering their preference for this leadership structure, on December 18, 2023, the Board of Directors of Lemonade, Inc. duly appointed Shai Wininger as the Company’s President and Daniel Schreiber as the Company’s Chief Executive Officer, effective January 1, 2024. There are no changes to Mr. Wininger’s or Mr. Schreiber’s compensatory arrangements in connection with these appointments, and they will continue to serve as members of the Company’s Board of Directors. Biographical information about Mr. Wininger and Mr. Schreiber is available in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 28, 2023. Board Change • Nov 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Shu Nyatta was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 22
Lemonade, Inc. Announces Board Changes On November 17, 2023, Irina Novoselsky and Silvija Martincevic each tendered their resignation as a director of Lemonade, Inc, effective on November 21, 2023. Ms. Novoselsky had served as a Class II director, Chair of the Audit Committee and member of the Compensation Committee. Ms. Martincevic had served as a Class III director, Chair of the Nominating and Corporate Governance Committee and member of the Audit Committee. Ms. Martincevic’s and Ms. Novoselsky’s resignations were not the result of any disagreement with the Company on any matter related to the Company’s operations, policies or practices. On November 21, 2023, the Board, upon the recommendation of its Nominating and Corporate Governance Committee, appointed each of Debra Schwartz and Samer Haj-Yehia to the Board to fill Ms. Martincevic’s and Ms. Novoselsky’s newly vacant seats, respectively, effective immediately (together, the “New Directors”). Ms. Schwartz will serve as a Class III director for a term expiring at the Company’s annual meeting of stockholders to be held in 2026 and Dr. Haj-Yehia will serve as a Class II director for a term expiring at the Company’s annual meeting of stockholders to be held in 2025, in each case until his or her successor is duly elected and qualified or his or her earlier death, disqualification, resignation or removal. In connection with the appointment of Ms. Schwartz to the Board, she was appointed to serve on the Audit Committee and the Nominating and Corporate Governance Committee, in each case to replace Ms. Martincevic, effective immediately. In connection with the appointment of Dr. Haj-Yehia to the Board, he was appointed to serve on the Audit Committee and Compensation Committee, in each case to replace Ms. Novoselsky, effective immediately. The Board also appointed Ms. Schwartz as Chair of the Nominating and Corporate Governance Committee and Dr. Haj-Yehia as Chair of the Audit Committee. Reported Earnings • Nov 04
Third quarter 2023 earnings released: US$0.88 loss per share (vs US$1.37 loss in 3Q 2022) Third quarter 2023 results: US$0.88 loss per share (improved from US$1.37 loss in 3Q 2022). Revenue: US$114.5m (up 55% from 3Q 2022). Net loss: US$61.5m (loss narrowed 33% from 3Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Insurance industry in South America. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Oct 12
Lemonade, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Lemonade, Inc. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 New Risk • Aug 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$214m net loss in 2 years). Shareholders have been diluted in the past year (13% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$641k sold). Reported Earnings • Aug 04
Second quarter 2023 earnings released: US$0.97 loss per share (vs US$1.10 loss in 2Q 2022) Second quarter 2023 results: US$0.97 loss per share (improved from US$1.10 loss in 2Q 2022). Revenue: US$104.6m (up 109% from 2Q 2022). Net loss: US$67.2m (loss narrowed 1.0% from 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Insurance industry in South America. Tillkännagivande • Aug 03
Lemonade, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2023 and Full Year Ending December 31, 2023 Lemonade, Inc. provided earnings guidance for the third quarter ending September 30, 2023 and full year ending December 31, 2023. For the quarter, the company expects revenue of $102 million - $104 million.For the year, company expects revenue of $402 million - $408 million. Tillkännagivande • Jul 15
Lemonade, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Lemonade, Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Recent Insider Transactions • Jun 11
CFO & Treasurer recently sold Mex$470k worth of stock On the 5th of June, Timothy Bixby sold around 1k shares on-market at roughly Mex$319 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Timothy has been a net seller over the last 12 months, reducing personal holdings by Mex$997k. Tillkännagivande • May 05
Lemonade, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2023 and Full Year Ending December 31, 2023 Lemonade, Inc. provided earnings guidance for the second quarter ending June 30, 2023 and full year ending December 31, 2023. For the quarter, the company expects revenue of $96 million - $98 million.For the year, company expects revenue of $392 million - $396 million. Reported Earnings • May 05
First quarter 2023 earnings released: US$0.95 loss per share (vs US$1.21 loss in 1Q 2022) First quarter 2023 results: US$0.95 loss per share (improved from US$1.21 loss in 1Q 2022). Revenue: US$95.2m (up 115% from 1Q 2022). Net loss: US$65.8m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in South America. Reported Earnings • Feb 24
Full year 2022 earnings released: US$4.59 loss per share (vs US$3.94 loss in FY 2021) Full year 2022 results: US$4.59 loss per share (further deteriorated from US$3.94 loss in FY 2021). Revenue: US$256.7m (up 100% from FY 2021). Net loss: US$297.8m (loss widened 23% from FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Insurance industry in South America. Tillkännagivande • Feb 03
Lemonade, Inc. to Report Q4, 2022 Results on Feb 22, 2023 Lemonade, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 22, 2023 Reported Earnings • Nov 11
Third quarter 2022 earnings released: US$1.37 loss per share (vs US$1.08 loss in 3Q 2021) Third quarter 2022 results: US$1.37 loss per share (further deteriorated from US$1.08 loss in 3Q 2021). Revenue: US$74.0m (up 107% from 3Q 2021). Net loss: US$91.4m (loss widened 38% from 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in South America. Reported Earnings • Aug 10
Second quarter 2022 earnings released: US$1.10 loss per share (vs US$0.91 loss in 2Q 2021) Second quarter 2022 results: US$1.10 loss per share (down from US$0.91 loss in 2Q 2021). Revenue: US$50.0m (up 77% from 2Q 2021). Net loss: US$67.9m (loss widened 22% from 2Q 2021). Over the next year, revenue is forecast to grow 75%, compared to a 14% growth forecast for the industry in Mexico. Reported Earnings • May 12
First quarter 2022 earnings released: US$1.21 loss per share (vs US$0.81 loss in 1Q 2021) First quarter 2022 results: US$1.21 loss per share (down from US$0.81 loss in 1Q 2021). Revenue: US$44.3m (up 89% from 1Q 2021). Net loss: US$74.8m (loss widened 53% from 1Q 2021). Over the next year, revenue is forecast to grow 60%, compared to a 20% growth forecast for the industry in Mexico. Reported Earnings • Mar 05
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$3.94 loss per share (down from US$3.63 loss in FY 2020). Revenue: US$128.4m (up 36% from FY 2020). Net loss: US$241.3m (loss widened 97% from FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 70%, compared to a 21% growth forecast for the insurance industry in Mexico. Reported Earnings • Nov 11
Third quarter 2021 earnings released: US$1.08 loss per share (vs US$0.57 loss in 3Q 2020) The company reported a decent third quarter result with improved revenues, although losses increased and control over costs was weaker. Third quarter 2021 results: Revenue: US$35.7m (up 101% from 3Q 2020). Net loss: US$66.4m (loss widened 115% from 3Q 2020). Recent Insider Transactions • Sep 15
Lead Independent Director recently sold Mex$15m worth of stock On the 10th of September, Michael Eisenberg sold around 10k shares on-market at roughly Mex$1,526 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$192m more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2021 earnings released: US$0.91 loss per share (vs US$1.77 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$28.2m (down 5.7% from 2Q 2020). Net loss: US$55.6m (loss widened 165% from 2Q 2020). Recent Insider Transactions • Jun 04
Lead Independent Director recently sold Mex$36m worth of stock On the 28th of May, Michael Eisenberg sold around 20k shares on-market at roughly Mex$1,801 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$137m more than they bought in the last 12 months. Reported Earnings • May 14
First quarter 2021 earnings released: US$0.81 loss per share (vs US$3.16 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$23.5m (down 10% from 1Q 2020). Net loss: US$49.0m (loss widened 34% from 1Q 2020). Executive Departure • Apr 27
Independent Director has left the company On the 21st of April, G. Hutton's tenure as Independent Director ended after 4.7 years in the role. As of December 2020, Hutton personally held 115.00k shares (Mex$294m worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Apr 27
Director has left the company On the 21st of April, Haim Sadger's tenure as Director ended after 5.8 years in the role. As of December 2020, Haim personally held 115.06k shares (Mex$295m worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Mar 04
Full year 2020 earnings released: US$3.63 loss per share (vs US$9.75 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$94.4m (up 40% from FY 2019). Net loss: US$122.3m (loss widened 13% from FY 2019). Analyst Estimate Surprise Post Earnings • Mar 04
Revenue beats expectations Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 20%, compared to a 3.4% growth forecast for the Insurance industry in Mexico. Recent Insider Transactions • Dec 09
Director recently sold Mex$24m worth of stock On the 4th of December, Michael Eisenberg sold around 15k shares on-market at roughly Mex$1,587 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$35m more than they bought in the last 12 months. Recent Insider Transactions • Dec 02
Director recently sold Mex$11m worth of stock On the 27th of November, Michael Eisenberg sold around 8k shares on-market at roughly Mex$1,421 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 14
Third quarter 2020 earnings released: US$0.57 loss per share The company reported a poor third quarter result with weaker revenues and control over expenses, although earnings were flat. Third quarter 2020 results: Revenue: US$17.8m (down 6.3% from 3Q 2019). Net loss: US$30.9m (flat on 3Q 2019).