ROOT - Root, Inc.
NASDAQ
->
Financial Services
->
Insurance—Property & Casualty
Columbus,
United States
Type: Equity
ROOT price evolution
ROOT
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $668.2 | $641.5 | $679.7 | |
| Short term investments | ||||
| Net receivables | $501.2 | $489.3 | $420.6 | |
| Inventory | ||||
| Total current assets | $37.8 | $48.4 | $50.2 | $48.2 |
| Long term investments | ||||
| Property, plant & equipment | ||||
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $239.9 | $220.4 | $171.2 | |
| Total assets | $1561.9 | $1495.8 | $1432.3 | $1347.7 |
| Current liabilities | ||||
| Accounts payable | $64 | $110.6 | $95 | $120 |
| Deferred revenue | $339.7 | $339.4 | $283.7 | |
| Short long term debt | ||||
| Total current liabilities | $71.6 | $62.5 | $48.4 | $81.7 |
| Long term debt | $293.3 | $292.6 | $291.8 | $291.1 |
| Total noncurrent liabilities | ||||
| Total debt | $300.1 | $299.3 | $299 | |
| Total liabilities | $1268 | $1232.5 | $1154.6 | $1070 |
| Shareholders' equity | ||||
| Retained earnings | -$1704 | -$1726.8 | -$1721.4 | -$1715.2 |
| Other shareholder equity | -$0 | -$3.4 | -$3.3 | -$2.5 |
| Total shareholder equity | $151.3 | $165.7 | $165.7 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $679.7 | $763.1 | $707 | $1113.8 |
| Short term investments | ||||
| Net receivables | $420.6 | $334.9 | $403.9 | $367.7 |
| Inventory | ||||
| Total current assets | $48.2 | $74.2 | $100.8 | $112.8 |
| Long term investments | ||||
| Property, plant & equipment | $6.3 | $9.8 | $15.4 | $8.9 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $171.2 | $133.2 | $134.6 | $224.5 |
| Total assets | $1347.7 | $1312.9 | $1319.3 | $1762.3 |
| Current liabilities | ||||
| Accounts payable | $120 | $159.5 | $130.7 | $137.1 |
| Deferred revenue | $283.7 | $136.5 | $180.1 | $157.1 |
| Short long term debt | ||||
| Total current liabilities | $81.7 | $50.2 | $43.2 | $147.5 |
| Long term debt | $291.1 | $295.4 | $88.7 | |
| Total noncurrent liabilities | ||||
| Total debt | $299 | $295.4 | $188.2 | |
| Total liabilities | $1070 | $923.8 | $670.9 | $729.9 |
| Shareholders' equity | ||||
| Retained earnings | -$1715.2 | -$1567.8 | -$1270.1 | -$748 |
| Other shareholder equity | -$2.5 | -$5.8 | $0.4 | $5.6 |
| Total shareholder equity | $165.7 | $277.1 | $536.4 | $1032.4 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $305.7 | $289.2 | $254.9 | $194.8 |
| Cost of revenue | $190.3 | $166.4 | $122.7 | |
| Gross Profit | $98.9 | $88.5 | $72.1 | |
| Operating activities | ||||
| Research & development | $14.7 | $11 | $12.4 | |
| Selling, general & administrative | $52.3 | $47.5 | $46.6 | |
| Total operating expenses | $271.3 | $95.1 | $83.1 | $84.4 |
| Operating income | $3.8 | $5.4 | -$12.3 | |
| Income from continuing operations | ||||
| EBIT | $3.8 | $5.4 | -$12.3 | |
| Income tax expense | ||||
| Interest expense | -$11.6 | $11.6 | $11.6 | $11.7 |
| Net income | ||||
| Net income | $21.7 | -$7.8 | -$6.2 | -$24 |
| Income (for common shares) | -$7.8 | -$6.2 | -$24 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $455 | $310.8 | $345.4 | $346.8 |
| Cost of revenue | $331.3 | $351 | $392.3 | $362.8 |
| Gross Profit | $123.7 | -$40.2 | -$46.9 | -$16 |
| Operating activities | ||||
| Research & development | $44.8 | $55.5 | $65.5 | $52.9 |
| Selling, general & administrative | $132.6 | $175.4 | $367.8 | $218.2 |
| Total operating expenses | $225 | $222.9 | $438.3 | $269.3 |
| Operating income | -$101.3 | -$263.1 | -$485.2 | -$285.3 |
| Income from continuing operations | ||||
| EBIT | -$101.3 | -$263.1 | -$501.1 | -$285.3 |
| Income tax expense | ||||
| Interest expense | $46.1 | $34.6 | $20 | $77.7 |
| Net income | ||||
| Net income | -$147.4 | -$297.7 | -$521.1 | -$363 |
| Income (for common shares) | -$147.4 | -$297.7 | -$521.1 | -$363 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | -$7.8 | -$6.2 | -$24 | |
| Operating activities | ||||
| Depreciation | $4 | $2.9 | $4.4 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $4.8 | $7.4 | $9 | |
| Total cash flows from operations | $62.6 | $14.5 | $46.1 | |
| Investing activities | ||||
| Capital expenditures | -$2.7 | -$2.3 | -$2.1 | |
| Investments | -$19.3 | -$50 | $2.6 | |
| Total cash flows from investing | -$114.1 | -$22 | -$52.3 | $0.5 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.2 | |||
| Net borrowings | ||||
| Total cash flows from financing | -$16.3 | -$13.9 | -$0.4 | -$3.2 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$3.9 | $26.7 | -$38.2 | $43.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$147.4 | -$297.7 | -$521.1 | -$363 |
| Operating activities | ||||
| Depreciation | $12.6 | $13.8 | $16.6 | $15.6 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $34.7 | $45 | $28.1 | $3.7 |
| Total cash flows from operations | -$33.6 | -$210.6 | -$403.4 | -$287.2 |
| Investing activities | ||||
| Capital expenditures | -$9.4 | -$8.8 | -$11.2 | -$7.2 |
| Investments | -$36.3 | -$6.5 | $88.1 | -$98 |
| Total cash flows from investing | -$45.7 | -$16.6 | $76.9 | -$114.1 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$1.1 | $0.3 | $3.2 | $1097.9 |
| Net borrowings | $286 | -$199.5 | -$1.5 | |
| Total cash flows from financing | -$4.1 | $283.3 | -$80.3 | $1098.5 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$83.4 | $56.1 | -$406.8 | $697.2 |
News
Fundamentals
| Market cap | $1.11B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 15.00M |
| Revenue | $1.04B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$16.30M |
| Revenue Q/Q | 165.13% |
| Revenue Y/Y | 215.11% |
| P/E ratio | -67.99 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.06 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | -$1.09 |
|---|---|
| ROA | -1.12% |
| ROE | N/A |
| Debt/Equity | 6.46 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.53 |
| Quick ratio | N/A |