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Trean Insurance Group, Inc.

TIGNASDAQ
Financial Services
Insurance - Specialty
$6.16
$0.00(0.00%)
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The company's financials show resilient growth, with revenue advancing from $75.14M in Q1 2022 to $86.64M in Q4 2022. Gross profit remained healthy with margins at 100% in Q4 2022 compared to 100% in Q1 2022. Operating income hit -$91.97M last quarter, sustaining a consistent -106% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$90.47M. Net income dropped to -$91.36M, while earnings per share reached -$1.78. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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