TIPTTIPTREE INC.
Fire, Marine & Casualty Insurance
- Revenue
- $488K
- 100% YoY
- Operating margin
- -9574.6%
- 81080% YoY
- EBITDA
- −$45M
- 17% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $309M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear482% of net incomeCash flow under 80% of net income
- Dilutive SBCFired23× of revenueOver 10% of revenue
- Payouts exceed cash flowClear5% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear22% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $259M | $300M | $341M | $341M | $488K | 100% |
| Operating income | — | — | −$43M | −$40M | −$47M | 16% |
| Net income | $38M | −$8M | $14M | $53M | $35M | 35% |
| Operating cash flow | $204M | $463M | $71M | $241M | $168M | 30% |
| Capex | $3M | $11M | $4M | $33K | $0 | 100% |
| Stock-based comp | $11M | $10M | $6M | $9M | $11M | 31% |
| Buybacks | $8M | $2M | $0 | $0 | — | |
| Dividends | $5M | $8M | $7M | $18M | $9M | 50% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $564K · 3
- Open-market sells, 12 mo
- $0 · 0
- Net
- $564K
Pay vs performance
No pay-versus-performance disclosure yet.