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Healthcare - Medical - Healthcare Plans - NASDAQ - US
$ 3.04
-1.3 %
$ 1.52 B
Market Cap
-16.0
P/E
INCOME STATEMENT
2.03 B REVENUE
-41.50%
-209 M OPERATING INCOME
43.78%
-213 M NET INCOME
37.03%
EFFICIENCY
Earnings Waterfall Clover Health Investments, Corp.
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Revenue 2.03 B
Cost Of Revenue 1.78 B
Gross Profit 257 M
Operating Expenses 1.99 B
Operating Income -209 M
Other Expenses 4.82 M
Net Income -213 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018
REVENUE
Revenue 2 033.7 3 476.7 1 472.0 672.9 462.3 281.0
GROSS PROFIT
Cost Of Revenue 1 776.4 3 454.0 1 551.2 590.5 449.7 0
Gross Profit 257.3 22.7 (79.2) 82.4 12.6 281.0
OPERATING INCOME
Operating Expenses 1 985.1 393.7 557.8 175.1 195.8 476.0
Selling, General and Administrative Expenses 444.7 486.6 445.7 191.7 187.3 187.3
Research and Development Expenses 0 0 0 0 0 0
Operating Income (208.5) (370.9) (637.0) (92.7) (183.2) (185.8)
PRE-TAX INCOME
Interest Income Expense 7 K 1.4 16.9 57.1 39.1 0
Total Other Income (4.8) 32.1 49.2 (43.7) (180.5) (16.1)
Pre-Tax Income (213.4) (338.8) (587.8) (91.6) (363.7) (201.9)
NET INCOME
Tax Provision 0 (33.4) 16.9 57.1 39.1 (16.1)
Net Income (213.4) (305.4) (604.7) (148.7) (402.8) (201.9)
EPS 0.44 0.64 1.46 1.68 3.89 4.81