Loading...
•
Dec 31, 2021
Baldwin Insurance Q4 2021 Earnings Report
BRP Group's Q4 2021 revenue increased significantly, driven by partnerships and organic growth.
Key Takeaways
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.
Revenue increased 129% year-over-year to $159.2 million.
Organic Revenue Growth was 18% year-over-year.
Adjusted Net Income grew 118% to $11.7 million, or $0.10 per fully diluted share.
Closed six Partner acquisitions during the fourth quarter.
Baldwin Insurance
Baldwin Insurance
Forward Guidance
BRP Group is well-positioned to continue delivering sustainable growth and creating stakeholder value in 2022 and beyond.