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Jun 30, 2022
Trupanion Q2 2022 Earnings Report
Reported financial results for the second quarter ended June 30, 2022.
Key Takeaways
Trupanion's total revenue was $219.4 million, a 30% increase compared to Q2 2021. The company's total enrolled pets increased by 32% to 1,348,145. However, the company reported a net loss of $(13.6) million, or $(0.33) per share, and an adjusted EBITDA of $(1.7) million.
Total revenue increased by 30% to $219.4 million compared to Q2 2021.
Total enrolled pets increased by 32% to 1,348,145 as of June 30, 2022.
Subscription business revenue increased by 21% to $145.8 million compared to Q2 2021.
Net loss was $(13.6) million, or $(0.33) per share, compared to $(9.2) million, or $(0.23) per share, in Q2 2021.
Forward Guidance
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to expectations, plans, prospects and financial results for Trupanion, including, but not limited to, its expectations regarding its ability to continue to grow its enrollments and revenue, implement its alliance with Aflac and otherwise execute its business plan.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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