Trupanion reported Q4 2023 results with total revenue of $295.9 million, a 20% increase compared to Q4 2022. The company reported a net loss of $(2.2) million, or $(0.05) per basic and diluted share. Free cash flow was $13.5 million for the quarter.
Total revenue was $295.9 million, an increase of 20% compared to the fourth quarter of 2022.
Subscription business revenue was $191.5 million, an increase of 21% compared to the fourth quarter of 2022.
Net loss was $(2.2) million, or $(0.05) per basic and diluted share, compared to net loss of $(9.3) million, or $(0.23) per basic and diluted share, in the fourth quarter of 2022.
Free cash flow was $13.5 million in the fourth quarter of 2023, compared to free cash flow of $(4.5) million in the fourth quarter of 2022.
No forward guidance was provided in the press release.
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