ROOT
Income statement / Annual
Last year (2023), Root, Inc.'s total revenue was $455.00 M,
an increase of 46.40% from the previous year.
In 2023, Root, Inc.'s net income was -$147.40 M.
See Root, Inc.’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 |
$455.00 M
|
$310.80 M
|
$345.40 M
|
$346.80 M
|
$290.20 M
|
$43.30 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$455.00 M |
$310.80 M |
$345.40 M |
$346.80 M |
$290.20 M |
$43.30 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$55.50 M
|
$65.50 M
|
$52.90 M
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$83.30 M
|
$127.40 M
|
$97.60 M
|
$78.50 M
|
$43.00 M
|
$9.30 M
|
| Selling & Marketing
Expenses |
$49.30 M
|
$48.00 M
|
$270.20 M
|
$139.70 M
|
$109.60 M
|
$40.30 M
|
| Selling, General &
Administrative Expenses |
$132.60 M
|
$175.40 M
|
$367.80 M
|
$218.20 M
|
$152.60 M
|
$49.60 M
|
| Other Expenses |
$423.70 M |
$343.00 M |
-$1.24 B |
-$928.00 M |
-$725.20 M |
-$169.30 M |
| Operating Expenses |
$556.30 M |
$573.90 M |
-$873.30 M |
-$709.80 M |
-$572.60 M |
-$111.50 M |
| Cost And Expenses |
$556.30 M |
$608.50 M |
$866.50 M |
$709.80 M |
$572.60 M |
$112.40 M |
| Interest Income |
$0.00 |
$8.10 M |
$3.50 M |
$5.90 M |
$5.60 M |
$1.30 M |
| Interest Expense |
$46.10 M |
$34.60 M |
$20.00 M |
$77.70 M |
$22.30 M |
$900,000.00 |
| Depreciation &
Amortization |
$12.60 M
|
$7.10 M
|
$8.30 M
|
$5.50 M
|
$3.10 M
|
$600,000.00
|
| EBITDA |
-$88.70 M
|
-$249.30 M
|
-$484.50 M
|
-$269.70 M
|
-$257.00 M
|
-$67.60 M
|
| EBITDA Ratio |
-0.19 |
-0.8 |
-1.48 |
-1 |
-0.96 |
-1.56 |
| Operating Income Ratio
|
-0.22
|
-0.85
|
-1.53
|
-1.05
|
-0.97
|
-1.58
|
| Total Other
Income/Expenses Net |
-$46.10 M
|
-$34.60 M
|
-$35.90 M
|
-$1.42 B
|
-$22.30 M
|
-$54.60 M
|
| Income Before Tax |
-$147.40 M |
-$297.70 M |
-$521.10 M |
-$363.00 M |
-$282.40 M |
-$69.10 M |
| Income Before Tax Ratio
|
-0.32
|
-0.96
|
-1.51
|
-1.05
|
-0.97
|
-1.6
|
| Income Tax Expense |
$0.00 |
-$303.90 M |
$16.36 M |
-$368.40 M |
-$282.40 M |
$438,859.00 |
| Net Income |
-$147.40 M |
$6.20 M |
-$521.10 M |
-$363.00 M |
-$282.40 M |
-$69.10 M |
| Net Income Ratio |
-0.32 |
0.02 |
-1.51 |
-1.05 |
-0.97 |
-1.6 |
| EPS |
-10.24 |
0.44 |
-37.64 |
-86.54 |
-20.05 |
-6.08 |
| EPS Diluted |
-10.24 |
0.44 |
-37.64 |
-86.54 |
-20.05 |
-6.08 |
| Weighted Average Shares
Out |
$14.40 M
|
$14.10 M
|
$13.84 M
|
$4.19 M
|
$14.08 M
|
$11.37 M
|
| Weighted Average Shares
Out Diluted |
$14.40 M
|
$14.10 M
|
$13.84 M
|
$4.19 M
|
$14.08 M
|
$11.37 M
|
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