How did Trupanion's revenue and expenses trend in Q4 2024?
5/8/2025 11:41pm
Trupanion's revenue and expenses in Q4 2024 showed a subscription business-oriented trend with a slight variation in revenue streams within the business segment.
1. **Revenue Trend**:
- Trupanion's total revenue for Q4 2024 was $856.52 million.
- The company's subscription business generated $628.74 million in revenue, while other business activities contributed $233.06 million.
- The subscription business segment saw a slight variation, with one segment reporting $319.64 million and another segment showing $233.06 million.
2. **Expense Trend**:
- Total expenses for the period were $337.31 million.
- The company's focus on subscription business is reflected in the total expenses, which were primarily related to this segment.
3. **Net Income**:
- Trupanion reported a net income of $1.66 million for Q4 2024.
- The net income indicates that the company was profitable despite the competitive environment in the subscription business sector.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|TRUP|TRUP.O|Trupanion|20240101-2024|Other Business|4.29163E8|185|
|TRUP|TRUP.O|Trupanion|20240101-2024|Other Business|3.19639E8|185|
|TRUP|TRUP.O|Trupanion|20240101-2024|Other Business|2.11169E8|185|
|TRUP|TRUP.O|Trupanion|20240101-2024|Other Business|1.04987E8|185|
|TRUP|TRUP.O|Trupanion|20240101-2024|Subscription Business|2.01134E8|185|
|TRUP|TRUP.O|Trupanion|20240101-2024|Other Business|1.04987E8|185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|TRUP|TRUP.O|Trupanion|2024 Q1|72.34866828087168|-6852000|185|
|TRUP|TRUP.O|Trupanion|2024 Q2|57.255359486655976|-5862000|185|
|TRUP|TRUP.O|Trupanion|2024 Q3|135.30723488602575|1425000|185|
|TRUP|TRUP.O|Trupanion|2024 Q4|176.5603328710125|1656000|185|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|TRUP|TRUP.O|Trupanion|2024 Q1|19.42503579384307|3.06121E8|185|
|TRUP|TRUP.O|Trupanion|2024 Q2|16.3486912620211|3.148E8|185|
|TRUP|TRUP.O|Trupanion|2024 Q3|14.553984040748217|3.27456E8|185|
|TRUP|TRUP.O|Trupanion|2024 Q4|14.010146793890291|3.37307E8|185|