Baldwin Insurance Earnings Reports

The Baldwin Group reported a 16% increase in total revenue to $329.9 million and 19% organic revenue growth for Q4 2024. Adjusted diluted EPS grew by 93% to $0.27, and adjusted EBITDA increased by 38% to $63.2 million. The company's adjusted EBITDA margin expanded by 310 basis points to 19.1%.

The Baldwin Group announced strong third-quarter results, with an 11% increase in total revenue to $338.9 million and a 14% growth in adjusted EBITDA. The company highlighted its resilient business model and focus on operational efficiency.

The Baldwin Group reported a mixed Q2 2024 with strong revenue growth but a net loss. Total revenue increased by 14% to $339.8 million, and organic revenue grew by 19%. However, the company reported a GAAP net loss of $30.9 million, though adjusted diluted EPS increased by 26% to $0.34. Adjusted EBITDA grew by 22% to $74.9 million.

Baldwin Insurance Group reported a strong first quarter in 2024, with a 15% increase in total revenue to $380.4 million. Organic revenue growth was 16%. The company's adjusted EPS grew by 33% to $0.56, and adjusted EBITDA increased by 29% to $101.7 million. Free cash flow also saw significant growth, increasing by 51% year over year to $53.3 million.

BRP Group's Q4 2023 demonstrated solid revenue growth, driven by a 15% increase in organic revenue. Despite revenue gains, the company reported a GAAP net loss of $62.5 million. Adjusted EBITDA grew by 16% to $45.6 million, with a margin of 16%. The company is focused on expense rationalization and aims for profitable double-digit organic growth in 2024.

BRP Group reported an 18% increase in revenue to $306.3 million for Q3 2023, with organic revenue growth of 19%. The company's adjusted EBITDA grew by 53% year-over-year to $64.0 million, and the adjusted EBITDA margin increased to 21%. GAAP net loss was $32.0 million, or $0.29 per share, while adjusted net income was $33.8 million, or $0.29 per share.

BRP Group, Inc. announced its Q2 2023 results, featuring a 28% increase in revenue to $297.2 million and a 22% organic revenue growth year-over-year. The company reported a GAAP net loss of $43.7 million, but adjusted net income was $32.0 million, or $0.27 per fully diluted share. Adjusted EBITDA grew 45% to $61.6 million.

BRP Group's Q1 2023 revenue increased by 36% year-over-year to $330.4 million, with organic revenue growth of 23%. The company reported a GAAP net loss of $25.9 million, but adjusted net income was $49.2 million, or $0.42 per fully diluted share. Adjusted EBITDA grew 8% to $79.0 million.

BRP Group reported a 55% year-over-year increase in revenue for the fourth quarter of 2022, reaching $246.0 million. Organic revenue growth was 26% year-over-year. The company's adjusted EBITDA grew 94% to $39.2 million, with an adjusted EBITDA margin of 16%. However, the company experienced a GAAP net loss of $91.5 million, or $0.84 per share.

BRP Group, Inc. announced strong third-quarter results with a 91% increase in revenue to $259.4 million and organic revenue growth of 28%. The company's adjusted EBITDA grew by 118% to $41.9 million, and adjusted net income significantly increased, highlighting the resilience of their business model.

BRP Group, Inc. reported strong second-quarter results with a 94% increase in revenue to $232.5 million. The company's organic revenue growth was 24%, and GAAP net income reached $16.6 million, or $0.14 per fully diluted share. Adjusted EBITDA grew 112% to $42.5 million.

BRP Group, Inc. announced strong Q1 2022 results, with a 59% year-over-year increase in revenue to $242.8 million and a 16% organic revenue growth. The company's 'MGA of the Future' platform also saw significant growth, and the acquisition of Westwood Insurance Agency post-quarter end is expected to accelerate growth initiatives.

BRP Group reported a substantial increase in revenue for Q4 2021, growing 129% year-over-year to $159.2 million. This growth was fueled by recent partnerships, the 'MGA of the Future' platform, and strong organic growth across all operating groups. The company closed six partner acquisitions during the quarter.

BRP Group, Inc. reported a strong third quarter with revenue increasing by 106% year-over-year to $135.6 million and organic revenue growth of 26%. The company closed five Partner acquisitions during the quarter and continued to see rapid growth in its 'MGA of the Future' platform.

BRP Group, Inc. reported a significant increase in revenue for the second quarter of 2021, with a 133% year-over-year growth to $119.7 million. The company also experienced strong organic revenue growth of 32%.

BRP Group reported a strong first quarter in 2021, marked by substantial revenue growth, driven by organic expansion and strategic acquisitions. Total revenue nearly tripled year-over-year, and the company saw excellent performance from recent acquisitions and rapid expansion of its 'MGA of the Future' platform.

BRP Group announced a 91% increase in revenue for Q4 2020, reaching $69.6 million, driven by a 17% organic revenue growth and the expansion of the 'MGA of the Future' platform. The company also acquired three top U.S. brokers, demonstrating its position as a preferred destination for successful independent insurance brokers.

BRP Group reported strong Q3 2020 results, marked by a 72% increase in revenue to $65.8 million and a 20% organic revenue growth. The company's 'MGA of the Future' platform achieved a milestone of over 500,000 policies.

BRP Group's Q2 2020 results showed strong revenue growth of 55% year-over-year, reaching $51.3 million. Pro Forma revenue grew 60% year-over-year to $55.8 million. However, the company reported a GAAP net loss of $7.9 million, or $0.18 per share.

BRP Group announced an 82% year-over-year increase in revenue to $54.2 million for the first quarter of 2020. The company's 'MGA of the Future' platform saw revenue growth of 41%. GAAP net income was $4.7 million, with earnings per share at $0.07. The company also completed four partner acquisitions during the quarter.

BRP Group reported a strong fourth quarter and full year 2019, with revenue growth driven by organic expansion and strategic partnerships. The company's 'MGA of the Future' platform continued to perform well, contributing significantly to the overall revenue increase. BRP Group also focused on enhancing its capital structure and increasing financial flexibility.