Trupanion (TRUP) FY2021 results: revenue $699 million, up 39.2% on the year
Trupanion, Inc. (TRUP) reported revenue of $699 million for fiscal 2021, the year ended 31 December 2021, up 39.2% on the year before. Net income was -$36 million, and diluted earnings per share $-0.89. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$699 million
+39.2% on the year
FY2014FY2021
Operating margin
-5.0%
-1.0% a year earlier
FY2014FY2021
Net income
-$36 million
FY2014FY2021
Diluted EPS
-$0.89
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
7.5
21.5
16.2
-65.4%
Capital expenditure
12.4
7.5
5.4
+65.8%
Free cash flow
-4.9
14.1
10.8
Free cash flow margin
-0.7%
2.8%
2.8%
Cash from investing
-51.9
-76.7
-28.0
Cash from financing
-1.1
171
14.0
Depreciation and amortisation
12.0
7.1
5.6
+69.2%
Share-based compensation
28.2
8.9
6.8
+216.7%
Buybacks
0.0
n/a
n/a
Diluted shares, weighted
40m
36m
n/a
+11.9%
Shares outstanding at period end
40m
39m
35m
+2.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
332
340
137
-2.3%
Debt
0.0
0.0
26.1
Other liabilities
230
158
94.4
+45.5%
Total liabilities and equity
563
498
257
+12.9%
Fixed assets
78.0
72.6
70.4
+7.4%
Goodwill
32.7
33.0
0.0
-1.0%
Intangible assets
22.7
27.1
7.7
-16.5%
Investments
133
95.4
74.1
+39.4%
Cash and equivalents
87.4
140
29.2
-37.5%
Other assets
209
130
75.9
+60.4%
Total assets
563
498
257
+12.9%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.