Trupanion (TRUP) FY2024 results: revenue $1.3 billion, up 16.0% on the year
Trupanion, Inc. (TRUP) reported revenue of $1.3 billion for fiscal 2024, the year ended 31 December 2024, up 16.0% on the year before. Net income was -$10 million, and diluted earnings per share $-0.23. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$1.3 billion
+16.0% on the year
FY2017FY2024
Operating margin
-0.7%
-3.7% a year earlier
FY2017FY2024
Net income
-$10 million
FY2017FY2024
Diluted EPS
-$0.23
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
48.3
18.6
-8.0
+159.1%
Capital expenditure
9.7
18.3
17.1
-46.8%
Free cash flow
38.6
0.4
-25.1
+10,674.0%
Free cash flow margin
3.0%
0.0%
-2.8%
Cash from investing
-13.5
7.6
-67.5
Cash from financing
-4.0
59.1
60.7
Depreciation and amortisation
16.5
12.5
10.9
+32.0%
Share-based compensation
33.4
33.2
33.4
+0.8%
Buybacks
0.0
0.0
5.8
Diluted shares, weighted
42m
41m
41m
+1.7%
Shares outstanding at period end
42m
42m
41m
+1.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
323
304
305
+6.4%
Debt
129
129
69.5
-0.0%
Operating lease liabilities
0.4
n/a
n/a
Other liabilities
354
350
297
+1.2%
Total liabilities and equity
807
783
672
+3.1%
Fixed assets
102
104
90.7
-1.4%
Goodwill
37.0
43.7
42.0
-15.4%
Intangible assets
13.2
18.7
24.0
-29.7%
Investments
147
143
165
+3.5%
Cash and equivalents
160
148
65.6
+8.7%
Other assets
347
327
285
+6.1%
Total assets
807
783
672
+3.1%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.