Trupanion reported a 36% increase in total revenue for Q4 2021 compared to the same quarter in 2020. The company sustained high levels of retention while adding a record number of new pets. Net loss was $(7.0) million, or $(0.17) per basic and diluted share.
Total revenue was $194.4 million, an increase of 36% compared to the fourth quarter of 2020.
Subscription business revenue was $134.1 million, an increase of 26% compared to the fourth quarter of 2020.
Net loss was $(7.0) million, or $(0.17) per basic and diluted share, compared to net loss of $(3.5) million, or $(0.09) per basic and diluted share, in the fourth quarter of 2020.
Operating cash flow was $5.2 million and free cash flow was $1.3 million in the fourth quarter of 2021.
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, among other things, 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.
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