Trupanion

Trupanion is a pet insurance provider based in Seattle, Washington, that offers and administers cat and dog insurance in the United States, Canada and Puerto Rico. The Company offers a simple plan that covers the actual veterinary costs for medications, diagnostic tests, and surgeries including hereditary and congenital disorders. 

Company Growth (employees)
Type
Public
HQ
Seattle, US
Founded
2000
Size (employees)
450 (est)
Trupanion was founded in 2000 and is headquartered in Seattle, US

Key People at Trupanion

Darryl Rawlings

Darryl Rawlings

CEO

Trupanion Office Locations

Trupanion has offices in Seattle and North Vancouver
Seattle, US (HQ)
6100 4th Ave S
North Vancouver, CA
185 Forester St

Trupanion Data and Metrics

Trupanion Financial Metrics

Trupanion's revenue was reported to be $54.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

54.7 m

Net income (Q1, 2017)

(1.5 m)

EBIT (Q1, 2017)

(1.3 m)

Market capitalization (18-Aug-2017)

723.4 m

Cash (31-Mar-2017)

21.9 m
Trupanion's current market capitalization is $723.4 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

115.9 m147 m188.2 m

Revenue growth, %

27%28%

Sales and marketing expense

15.2 m15.2 m

General and administrative expense

15.6 m15.2 m

Operating expense total

30.8 m30.5 m

EBIT

(15.9 m)(16.8 m)(6.7 m)

EBIT margin, %

(14%)(11%)(4%)

Interest expense

325 k218 k

Pre tax profit

(17.1 m)

Income tax expense

114 k38 k

Net Income

(21.2 m)(17.2 m)(6.9 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

28.1 m30.3 m33.3 m35.6 m37.9 m42.7 m45.8 m48.4 m54.7 m

Sales and marketing expense

2.8 m2.9 m3.7 m3.5 m4.1 m3.8 m3.6 m3.9 m4.1 m

R&D expense

2.6 m2.5 m

General and administrative expense

3.3 m4.4 m3.7 m4 m4.1 m3.7 m3.5 m3.8 m4 m

Operating expense total

8.7 m9.9 m7.3 m7.5 m8.2 m7.6 m7.1 m7.7 m8.1 m

EBIT

(3.5 m)(5.4 m)(4.6 m)(4.6 m)(4.6 m)(2.5 m)(957 k)(1.5 m)(1.3 m)

EBIT margin, %

(12%)(18%)(14%)(13%)(12%)(6%)(2%)(3%)(2%)

Interest expense

726 k5.2 m245 k40 k14 k30 k41 k66 k137 k

Pre tax profit

(3.5 m)(8.5 m)(4.8 m)(4.6 m)(4.6 m)

Income tax expense

7 k14 k108 k(22 k)16 k14 k4 k13 k24 k

Net Income

(3.5 m)(8.5 m)(4.9 m)(4.6 m)(4.6 m)(2.6 m)(964 k)(1.6 m)(1.5 m)
USDFY, 2014FY, 2015FY, 2016

Cash

53.1 m18 m23.6 m

Current Assets

84.7 m53.6 m65.4 m

PP&E

7.9 m9.7 m8.5 m

Total Assets

98.3 m70.9 m82.3 m

Accounts Payable

2 m1.3 m2 m

Total Debt

4.8 m

Current Liabilities

22.5 m23.6 m30.7 m

Total Liabilities

37.6 m

Additional Paid-in Capital

119 m122.8 m129.6 m

Retained Earnings

(57.2 m)(74.4 m)(81.3 m)

Total Equity

59.3 m45.4 m44.7 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.7 x1.6 x1.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

9.3 m59.1 m32.5 m26.2 m21.7 m17.5 m18.2 m20.6 m21.9 m

Current Assets

32.5 m88.4 m63.1 m58.2 m55.4 m53.6 m56.4 m61.6 m68.5 m

PP&E

5.2 m6.4 m8.6 m9.1 m9.6 m9.6 m9.7 m9.2 m8 m

Total Assets

48.8 m100.5 m77.5 m74.6 m72.6 m70.9 m73.9 m78.5 m87.7 m

Accounts Payable

4.2 m1.6 m1.4 m1.2 m1.5 m1 m865 k1.3 m2 m

Current Liabilities

28.7 m21.3 m20.9 m21.4 m23.2 m23.6 m25.3 m27.5 m35.4 m

Additional Paid-in Capital

7 m118.2 m119.8 m121.1 m121.7 m124.1 m126.2 m127.2 m131.4 m

Retained Earnings

(44.4 m)(52.9 m)(62.1 m)(66.7 m)(71.4 m)(77 m)(77.9 m)(79.6 m)(82.8 m)

Total Equity

(40 m)62.6 m54.9 m51.7 m47.4 m44.3 m45.5 m44.8 m45.1 m

Financial Leverage

-1.2 x1.6 x1.4 x1.4 x1.5 x1.6 x1.6 x1.8 x1.9 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(21.2 m)(17.2 m)(6.9 m)

Depreciation and Amortization

1.7 m2.5 m3.8 m

Accounts Receivable

(126 k)(328 k)(13.1 m)

Inventories

(369 k)(905 k)48 k

Accounts Payable

449 k(347 k)652 k

Cash From Operating Activities

38.2 m(35.1 m)5 m

Purchases of PP&E

(5.6 m)(4.9 m)(1.9 m)

Cash From Investing Activities

(11.9 m)(9.9 m)(6.5 m)

Cash From Financing Activities

60.9 m(14.2 m)7.7 m

Interest Paid

(1.5 m)(155 k)153 k

Income Taxes Paid

(9 k)(139 k)19 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(3.5 m)(8.5 m)(4.9 m)(4.6 m)(4.6 m)(2.6 m)(964 k)(1.6 m)(1.5 m)

Accounts Payable

4.2 m1.6 m1.2 m1.5 m1 m865 k1.3 m2 m
USDY, 2017

Revenue/Employee

121.6 k

Financial Leverage

1.9 x

Trupanion Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Pets Enrolled

232.45 k246.11 k259.95 k276.99 k291.82 k307.3 k320.9 k334.07 k343.65 k364.26 k383.29 k

Monthly Average Revenue per User

$44.14$44.34$45.1$45.15$45.04$46.12$46.77$48.37$47.82$50.5$50.99

Average Pet Acquisition Cost (PAC)

$121$134$133$129$132$123$120$120$123$128$135

Average Monthly Retention

0.990.990.990.990.990.990.990.990.990.990.99

Lifetime Value of a Pet (LVP)

$591$567$570$591$591$603$622$624$631$637$654

    Trupanion Market Value History

    Trupanion Revenue Breakdown

    Traffic Overview of Trupanion

    Trupanion Online and Social Media Presence

    Trupanion Company Life and Culture

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