Clover Health Investments (CLOV) Financial Statements

Price: $3.275
Market Cap: $1.67B
Avg Volume: 7.04M
Country: US
Industry: Medical - Healthcare Plans
Sector: Healthcare
Beta: 1.995
52W Range: $0.606-4.87
Website: Clover Health Investments

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Clover Health Investments.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$1.60B$1.60B$1.20B$1.20B$800.00M$800.00M$400.00M$400.00M$0.00$0.0020192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$600.00M$600.00M$300.00M$300.00M$0.00$0.00-$300.00M-$300.00M-$600.00M-$600.00M-$900.00M-$900.00M20192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Revenue $1.37B $1.26B $1.10B $1.47B $672.89M $462.27M $281.02M
Cost of Revenue $1.01B $1.00B $993.07M $1.55B $590.08M $449.70M $-
Gross Profit $364.80M $255.95M $103.48M $-79.18M $82.81M $12.56M $281.02M
Gross Profit Ratio 26.61% 20.30% 9.44% -5.38% 12.31% 2.72% 100.00%
Research and Development Expenses $- $- $- $- $- $- $-
General and Administrative Expenses $408.93M $440.25M $482.40M $445.75M $192.09M $187.33M $103.04M
Selling and Marketing Expenses $- $- $- $- $- $- $84.24M
Selling General and Administrative Expenses $408.93M $440.25M $482.40M $445.75M $192.09M $187.33M $187.28M
Other Expenses $1.62M $21.04M $-92.26M $112.06M $-16.57M $8.44M $-
Operating Expenses $410.55M $461.28M $390.14M $557.81M $175.51M $195.76M $476.00M
Cost and Expenses $1.42B $1.47B $1.38B $2.11B $765.60M $645.47M $476.00M
Interest Income $- $- $- $- $117.25K $- $6.95M
Interest Expense $- $7.00K $1.36M $16.91M $57.11M $39.07M $-
Depreciation and Amortization $1.33M $2.51M $1.19M $1.25M $555.00K $551.00K $185.80M
EBITDA $-44.94M $-207.63M $-252.03M $-569.60M $-78.73M $-324.12M $-16.13M
EBITDA Ratio -3.28% -16.47% -22.98% -38.70% -11.70% -70.12% -5.74%
Operating Income $-45.75M $-205.33M $-286.66M $-636.99M $-92.71M $-183.20M $-185.80M
Operating Income Ratio -3.34% -16.29% -26.14% -43.27% -13.78% -39.63% -66.11%
Total Other Income Expenses Net $-517.00K $-4.82M $32.08M $49.24M $-43.69M $-180.54M $-16.13M
Income Before Tax $-46.27M $-210.15M $-254.58M $-587.76M $-136.39M $-363.74M $-201.93M
Income Before Tax Ratio -3.37% -16.67% -23.22% -39.93% -20.27% -78.69% -71.85%
Income Tax Expense $- $- $- $- $- $- $-16.13M
Net Income $-43.01M $-213.36M $-339.57M $-587.76M $-136.39M $-363.74M $-201.93M
Net Income Ratio -3.14% -16.93% -30.97% -39.93% -20.27% -78.69% -71.85%
EPS $-0.08 $-0.45 $-0.71 $-1.25 $-0.23 $-0.90 $-4.81
EPS Diluted $-0.08 $-0.45 $-0.71 $-1.25 $-0.23 $-0.90 $-4.81
Weighted Average Shares Outstanding 490.02M 482.18M 476.24M 470.85M 404.44M 404.44M 42.01M
Weighted Average Shares Outstanding Diluted 490.02M 482.18M 476.24M 470.85M 404.44M 404.44M 42.01M
SEC Filing Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$1.00B$1.00B$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.0020192019202020202021202120222022202320232024202420252025
Equity$600.00M$600.00M$300.00M$300.00M$0.00$0.00-$300.00M-$300.00M-$600.00M-$600.00M20192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Cash and Cash Equivalents $194.54M $122.86M $103.79M $299.97M $28.00M $67.60M $75.40M
Short Term Investments $27.00M $119.82M $230.97M $315.29M $123.10M $- $-
Cash and Short Term Investments $221.54M $242.69M $555.29M $791.19M $151.10M $67.60M $75.40M
Net Receivables $- $113.83M $147.16M $109.42M $- $- $-
Inventory $- $- $-101.88M $-153.92M $-208.04M $- $-
Other Current Assets $121.58M $71.45M $42.58M $17.22M $299.67K $- $-
Total Current Assets $343.12M $427.97M $625.00M $752.55M $28.30M $67.60M $75.40M
Property Plant Equipment Net $5.31M $8.46M $9.78M $7.65M $9.96M $13.04M $3.21M
Goodwill $- $- $11.75M $1.24M $1.23M $1.24M $-
Intangible Assets $2.99M $2.99M $8.25M $2.99M $3.00M $2.99M $2.99M
Goodwill and Intangible Assets $2.99M $2.99M $20.00M $4.23M $4.23M $4.23M $2.99M
Long Term Investments $201.72M $119.82M $138.11M $175.94M $4.36M $- $-
Tax Assets $- $- $- $- $-18.56M $- $-
Other Non-Current Assets $27.60M $11.43M $15.73M $10.43M $828.12M $-17.17M $128.99M
Total Non-Current Assets $237.62M $142.70M $183.62M $198.26M $828.12M $100.35K $135.19M
Other Assets $- $- $- $- $-589.17M $-67.60M $-
Total Assets $580.74M $570.67M $808.62M $950.80M $267.25M $100.35K $210.60M
Account Payables $34.56M $37.18M $32.45M $28.13M $30.67M $- $-
Short Term Debt $- $1.67M $1.83M $3.06M $25.60M $- $-
Tax Payables $- $- $- $- $- $- $-
Deferred Revenue $- $3.10M $141.95M $165.87M $102.43M $- $-
Other Current Liabilities $178.95M $219.17M $397.24M $341.44M $107.96M $117.98K $6.03M
Total Current Liabilities $213.52M $261.12M $440.66M $372.62M $33.93M $117.98K $6.03M
Long Term Debt $- $3.00M $8.07M $24.77M $112.76M $57.92M $49.25M
Deferred Revenue Non-Current $- $- $- $- $28.98M $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-135.39M $- $-
Other Non-Current Liabilities $26.08M $20.16M $12.16M $14.10M $603.46M $-57.92M $210.14M
Total Non-Current Liabilities $26.08M $23.16M $20.23M $38.86M $28.98M $57.92M $259.40M
Other Liabilities $- $1 $- $- $772.72M $-57.92M $-
Total Liabilities $239.60M $284.28M $460.88M $411.49M $835.63M $117.98K $265.42M
Preferred Stock $- $- $395.07M $616.04M $447.75M $447.75M $447.75M
Common Stock $50.00K $49.00K $46.00K $46.00K $788.51M $9.00K $4.00K
Retained Earnings $-2.20B $-2.16B $-1.96B $-1.62B $-6.76M $-17.63K $-527.90M
Accumulated Other Comprehensive Income Loss $-1.58M $-2.37M $-9.37M $-1.93M $10.00K $-850.84M $-0
Other Total Stockholders Equity $2.55B $2.45B $2.31B $2.15B $411.87M $-488.53M $25.32M
Total Stockholders Equity $341.14M $286.39M $347.74M $539.32M $-568.38M $-17.63K $-54.83M
Total Equity $341.14M $286.39M $347.74M $543.22M $-564.48M $-17.63K $-54.83M
Total Liabilities and Stockholders Equity $580.74M $570.67M $808.62M $950.80M $267.25M $100.35K $210.60M
Minority Interest $- $- $- $3.90M $3.90M $- $-
Total Liabilities and Total Equity $580.74M $570.67M $808.62M $950.80M $267.25M $100.35K $210.60M
Total Investments $228.72M $240.82M $369.08M $491.23M $123.10M $- $-
Total Debt $- $4.66M $5.86M $27.83M $806.21K $57.92M $49.25M
Net Debt $-194.54M $-118.20M $-97.93M $-272.14M $-27.20M $-9.68M $-26.15M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00M-$600.00M-$600.00M-$800.00M-$800.00M-$1.00B-$1.00B20192019202020202021202120222022202320232024202420252025
Financing Cash Flow$1.00B$1.00B$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M20192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Net Income $-43.01M $-213.36M $-338.84M $-587.76M $-6.74M $-363.74M $-201.93M
Depreciation and Amortization $1.33M $2.51M $1.19M $1.25M $555.00K $551.00K $487.00K
Deferred Income Tax $- $- $- $-66.09M $-7.63M $143.01M $-
Stock Based Compensation $114.33M $140.93M $164.31M $163.72M $7.08M $3.30M $3.68M
Change in Working Capital $12.86M $-55.43M $98.31M $192.67M $4.63M $32.31M $34.97M
Accounts Receivables $-6.55M $- $-8.03M $-9.39M $-34.53M $-6.96M $-11.49M
Inventory $- $- $8.03M $9.39M $2.23M $6.96M $-
Accounts Payables $-2.62M $4.74M $7.63M $5.31M $10.85M $6.30M $-
Other Working Capital $22.03M $-60.17M $90.68M $187.37M $26.09M $26.01M $46.45M
Other Non Cash Items $-50.66M $9.48M $-128.89M $13.88M $-117.25K $24.69M $9.51M
Net Cash Provided by Operating Activities $34.84M $-115.87M $-203.93M $-282.33M $-2.23M $-159.88M $-153.28M
Investments in Property Plant and Equipment $-1.56M $-584.00K $-4.47M $-723.00K $-693.00K $-23.00K $-1.48M
Acquisitions Net $- $- $-16.20M $434.72M $3.90M $-1.18M $-
Purchases of Investments $-201.24M $-175.57M $-369.65M $-876.25M $-174.32M $-505.55M $-
Sales Maturities of Investments $203.36M $316.16M $485.45M $441.53M $312.42M $324.84M $-
Other Investing Activities $- $- $-250.00K $-434.72M $-969.31M $-180.71M $99.00M
Net Cash Used for Investing Activities $565.00K $140.01M $95.13M $-435.45M $-828.00M $-181.91M $97.53M
Debt Repayment $- $- $- $-30.93M $1.25M $333.74M $29.76M
Common Stock Issued $902.00K $1.15M $1.40M $289.92M $1.75M $601.00K $-
Common Stock Repurchased $-18.26M $-6.22M $-6.36M $-147.00K $-957.00K $- $-
Dividends Paid $- $- $- $- $- $- $-
Other Financing Activities $- $-28.79M $82.42M $666.55M $-98.00K $-363.00K $44.83M
Net Cash Used Provided by Financing Activities $-17.36M $-33.86M $-4.96M $925.39M $858.23M $333.98M $74.59M
Effect of Forex Changes on Cash $- $- $- $- $-67.60M $- $-
Net Change in Cash $18.05M $-9.72M $-113.75M $207.62M $-39.59M $-7.80M $18.83M
Cash at End of Period $194.54M $176.49M $186.21M $299.97M $28.00M $67.60M $75.40M
Cash at Beginning of Period $176.49M $186.21M $299.97M $92.35M $67.60M $75.40M $56.57M
Operating Cash Flow $34.84M $-115.87M $-203.93M $-282.33M $-2.23M $-159.88M $-153.28M
Capital Expenditure $-1.56M $-584.00K $-4.47M $-723.00K $-693.00K $-23.00K $-1.48M
Free Cash Flow $33.29M $-116.45M $-208.39M $-283.05M $-2.92M $-159.90M $-154.76M