Lemonade: Blistering Revenue Growth With A Juicy Valuation

Nov. 20, 2022 6:25 AM ETLemonade, Inc. (LMND)22 Comments
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Summary

  • Lemonade (LMND) is an Insurtech company which is disrupting the incumbent insurance industry.
  • The company beat revenue estimates for the third quarter, as it increased by over 107% year over year.
  • Lemonade missed earnings expectations and its Loss ratio spiked to 94%, as Hurricane Ian hit.
  • I interviewed Lemonade's CFO Tim Bixby which helped to offer more insights into the company's Artificial Intelligence technology and its marketing Lifetime value models.
  • The company scored a partnership with ecommerce pet giant Chewy and has announced plans to launch in the U.K.
Young lady using a banking app on her phone

Marko Geber

Lemonade (NYSE:LMND) is an Insurtech company that aims to disrupt the incumbent insurance industry, which has been dominated by a few humongous billion-dollar players for decades.

The company was founded in 2015 by Daniel Schreiber and Shai Wininger (who was the

This article was written by

Deep Tech Insights profile picture
4.88K Followers
Senior Investment Analyst for Hedge Funds. Interviewed Hedge Fund Managers and CEO's. Investment Strategy: Focus on Deep Dive Valuation, G.A.R.P (Growth at a Reasonable Price). Masters in Equity Valuation, 755+ Companies Analysed.

Disclosure: I/we have a beneficial long position in the shares of LMND either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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