CLOV
Income statement / Annual
Last year (2023), Clover Health Investments, Corp.'s total revenue was $2.03 B,
a decrease of 41.64% from the previous year.
In 2023, Clover Health Investments, Corp.'s net income was -$213.36 M.
See Clover Health Investments, Corp.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
Operating Revenue |
$2.03 B
|
$3.48 B
|
$1.47 B
|
$672.89 M
|
$462.27 M
|
$281.02 M
|
Cost of Revenue |
$1.78 B |
$3.45 B |
$1.55 B |
$590.47 M |
$449.70 M |
$0.00 |
Gross Profit |
$252.52 M |
$22.74 M |
-$79.18 M |
$82.42 M |
$12.57 M |
$281.02 M |
Gross Profit Ratio |
0.12 |
0.01 |
-0.05 |
0.12 |
0.03 |
1 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$444.73 M
|
$486.64 M
|
$445.75 M
|
$191.70 M
|
$187.33 M
|
$103.04 M
|
Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$84.24 M
|
Selling, General &
Administrative Expenses |
$444.73 M
|
$486.64 M
|
$445.75 M
|
$191.70 M
|
$187.33 M
|
$187.28 M
|
Other Expenses |
-$447.24 M |
-$92.98 M |
$112.07 M |
-$16.57 M |
$8.44 M |
$0.00 |
Operating Expenses |
$447.24 M |
$393.66 M |
$557.81 M |
$175.13 M |
$195.76 M |
$476.00 M |
Cost And Expenses |
-$2.22 B |
$3.85 B |
$2.11 B |
$765.60 M |
$645.47 M |
$476.00 M |
Interest Income |
$0.00 |
$1.36 M |
$16.91 M |
$117,255.00 |
$39.07 M |
$6.95 M |
Interest Expense |
$7,000.00 |
$1.36 M |
$16.91 M |
$57.11 M |
$39.07 M |
$0.00 |
Depreciation &
Amortization |
$2.51 M
|
$1.19 M
|
$1.25 M
|
$555,000.00
|
$551,000.00
|
$185.80 M
|
EBITDA |
-$180.16 M
|
-$369.74 M
|
-$635.75 M
|
-$92.15 M
|
-$182.65 M
|
-$16.13 M
|
EBITDA Ratio |
-0.09 |
-0.11 |
-0.43 |
-0.14 |
-0.4 |
-0.06 |
Operating Income Ratio
|
-0.1
|
-0.11
|
-0.43
|
-0.14
|
-0.4
|
-0.66
|
Total Other
Income/Expenses Net |
-$213.36 M
|
$32.08 M
|
$49.24 M
|
$1.13 M
|
-$180.54 M
|
-$16.13 M
|
Income Before Tax |
-$213.36 M |
-$338.84 M |
-$587.76 M |
-$91.58 M |
-$363.74 M |
-$201.93 M |
Income Before Tax Ratio
|
-0.11
|
-0.1
|
-0.4
|
-0.14
|
-0.79
|
-0.72
|
Income Tax Expense |
-$208.54 M |
-$33.44 M |
$16.91 M |
$57.11 M |
$39.07 M |
-$16.13 M |
Net Income |
-$213.36 M |
-$305.40 M |
-$604.67 M |
-$148.69 M |
-$402.81 M |
-$201.93 M |
Net Income Ratio |
-0.11 |
-0.09 |
-0.41 |
-0.22 |
-0.87 |
-0.72 |
EPS |
-0.44 |
-0.64 |
-1.46 |
-1.68 |
-3.89 |
-4.81 |
EPS Diluted |
-0.44 |
-0.64 |
-1.46 |
-1.68 |
-3.89 |
-4.81 |
Weighted Average Shares
Out |
$482.18 M
|
$476.24 M
|
$412.92 M
|
$88.69 M
|
$103.50 M
|
$42.01 M
|
Weighted Average Shares
Out Diluted |
$482.18 M
|
$476.24 M
|
$412.92 M
|
$88.69 M
|
$103.50 M
|
$42.01 M
|
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