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Dec 31, 2021
Goosehead Insurance Q4 2021 Earnings Report
Goosehead Insurance's Q4 2021 earnings were announced, featuring revenue growth and strategic investments.
Key Takeaways
Goosehead Insurance reported a 16% increase in total revenues for Q4 2021, reaching $40.2 million. Core revenues grew by 35% to $34.8 million, and total written premiums increased by 43% to $407.3 million. The company's net income for the quarter was $0.9 million, with adjusted EPS at $0.06 per share.
Total revenues increased by 16% to $40.2 million.
Core revenues grew by 35% to $34.8 million.
Total written premiums placed increased by 43% to $407.3 million.
Net income was reported at $0.9 million, with adjusted EPS at $0.06 per share.
Forward Guidance
Goosehead Insurance provided its outlook for the full year 2022, expecting total written premiums to be between $2.086 billion and $2.215 billion, and total revenues to be between $197.0 million and $212.0 million. The company also anticipates Adjusted EBITDA margin to expand.
Positive Outlook
- Total written premiums are expected to be between $2.086 billion and $2.215 billion, representing organic growth of 34% to 42%.
- Total revenues are expected to be between $197.0 million and $212.0 million, representing organic growth of 30% to 40%.
- Revenue growth is driven by high levels of Core Revenue growth.
- Revenue growth is driven by historically average contingent commissions.
- Adjusted EBITDA margin is expected to expand for the full year 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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