DOMA · Doma Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77.65M | $66.07M | - | $76.24M | $88.85M | $74.37M | - | $107.86M | $129.99M | $127.80M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $8.13M | $7.09M | - | $6.02M | $8.82M | $4.47M | - | $11.61M | $29.54M | $10.37M |
| R&D | $2.08M | $2.52M | - | $2.69M | $4.20M | $1.23M | - | $3.66M | $3.13M | $5.60M |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $88.69M | $79.20M | - | $93.09M | $107.12M | $111.33M | - | $188.40M | $148.62M | $171.74M |
| D&A | $3.08M | $3.00M | - | $2.94M | $3.07M | $3.08M | - | $4.25M | $3.02M | $3.24M |
| Operating Income | ($11.05M) | ($13.13M) | - | ($16.85M) | ($18.27M) | ($36.96M) | - | ($80.54M) | ($59.22M) | ($59.53M) |
| Interest Expense | $7.84M | $6.60M | - | $5.50M | $5.94M | $4.99M | - | $4.58M | $4.45M | $4.21M |
| Income Tax | $56.0K | ($504.0K) | - | $154.0K | $185.0K | $185.0K | - | $425.0K | $136.0K | $185.0K |
| Net Income | ($20.40M) | ($20.55M) | - | ($25.63M) | ($35.88M) | ($42.12M) | - | ($84.11M) | ($58.65M) | ($50.03M) |
| EPS - Basic | ($1.46) | ($1.50) | - | ($1.91) | ($2.69) | ($0.13) | - | ($0.26) | ($0.33) | ($0.15) |
| EPS - Diluted | - | - | - | - | - | ($0.13) | - | ($0.26) | ($0.33) | ($0.15) |
Balance Sheet
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $69.10M | $61.47M | $65.94M | $75.07M | $77.61M | $81.33M | $78.45M | $186.40M | $226.34M | $319.44M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $213.67M | $223.20M | $240.30M | $263.18M | $291.27M | $338.22M | $378.51M | $489.20M | $567.08M | $614.38M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $273.64M | $264.88M | $266.21M | $273.46M | $280.61M | $292.34M | $296.72M | $304.01M | $304.80M | $302.40M |
| Stockholders' Equity | ($59.97M) | ($41.68M) | ($25.91M) | ($10.29M) | $10.65M | $45.88M | $81.79M | $185.19M | $262.28M | $311.98M |
| Retained Earnings | ($660.15M) | ($639.75M) | ($619.20M) | ($598.41M) | ($572.79M) | ($536.91M) | ($494.79M) | ($385.37M) | ($301.26M) | ($242.60M) |
Cash Flow
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($13.65M) | - | - | - | ($23.88M) | - | - | - | ($56.47M) |
| Investing Cash Flow | - | $7.94M | - | - | - | $26.53M | - | - | - | ($5.04M) |
| Financing Cash Flow | - | $0 | - | - | - | $182.0K | - | - | - | ($97.0K) |
| CapEx | - | $1.49M | - | - | - | $2.77M | - | - | - | $5.09M |
| Free Cash Flow | - | ($15.14M) | - | - | - | ($26.65M) | - | - | - | ($61.56M) |
Ratios
| Metric | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 10.5% | 10.7% | - | 7.9% | 9.9% | 6.0% | - | 10.8% | 22.7% | 8.1% |
| Operating margin | -14.2% | -19.9% | - | -22.1% | -20.6% | -49.7% | - | -74.7% | -45.6% | -46.6% |
| EBITDA margin | -10.3% | -15.3% | - | -18.2% | -17.1% | -45.6% | - | -70.7% | -43.2% | -44.1% |
| Net margin | -26.3% | -31.1% | - | -33.6% | -40.4% | -56.6% | - | -78.0% | -45.1% | -39.1% |
| Free cash flow margin | - | -22.9% | - | - | - | -35.8% | - | - | - | -48.2% |
| FCF / Net income | - | 0.74 | - | - | - | 0.63 | - | - | - | 1.23 |
| R&D / Revenue | 2.7% | 3.8% | - | 3.5% | 4.7% | 1.6% | - | 3.4% | 2.4% | 4.4% |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -9.5% | -9.2% | - | -9.7% | -12.3% | -12.5% | - | -17.2% | -10.3% | -8.1% |
| Return on equity | 34.0% | 49.3% | - | 249.1% | -336.8% | -91.8% | - | -45.4% | -22.4% | -16.0% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1.4x | -2.0x | - | -3.1x | -3.1x | -7.4x | - | -17.6x | -13.3x | -14.2x |
| Equity multiplier | -3.56 | -5.35 | -9.27 | -25.58 | 27.34 | 7.37 | 4.63 | 2.64 | 2.16 | 1.97 |
| Liabilities / Assets | 1.28 | 1.19 | 1.11 | 1.04 | 0.96 | 0.86 | 0.78 | 0.62 | 0.54 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | 0.30 | - | 0.29 | 0.31 | 0.22 | - | 0.22 | 0.23 | 0.21 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -12.6% | -11.2% | - | -29.3% | -31.6% | -41.8% | - | -10.9% | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -7.8% | 58.6% | - | -48.1% | -70.1% | -56.9% | - | -57.9% | - | - |
| Operating income growth (YoY) | 39.5% | 64.5% | - | 79.1% | 69.2% | 37.9% | - | -221.0% | -21378961.4% | -297669900.0% |
| Net income growth (YoY) | 43.1% | 51.2% | - | 69.5% | 38.8% | 15.8% | - | -2222.3% | -17628.7% | -250129900.0% |
| EPS growth (YoY) | - | - | - | - | - | 13.3% | - | -85.7% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 43.2% | - | - | - | 56.7% | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | -95.9% | -85.3% | -76.7% | -4.7% | 1933968.3% | 6139.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$4.48M totalUnderwriting Segment$2.53M · 56.4%
Distribution Segment$1.95M · 43.6%
Product / service
$2.53M totalOther Title Fees$1.64M · 64.8%
Escrow Fees$890.0K · 35.2%
Peer comparison
Same SIC group: Title Insurance
Comparing Doma Holdings against the 5 most active filers in the same SIC group.