Trupanion Inc. Faces Financial Challenges with Annual Losses on EPS and TBV Amid Cash Flow Concerns
Trupanion Inc. ($TRUP) faces financial challenges with annual losses on EPS and total book value (TBV). Concerns arise over potential restatements revealing worse conditions. The company's parent company struggles with cash flow, risking insolvency without expense cuts or additional funding. Trupanion aims to avoid a cash crunch as it seeks growth opportunities to escape a potential death spiral.
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IngridHuge fail. This co raised $3B+ on its pitch for rolling up small biz and gaining economies of scale. Sounds great on paper but is obv much harder to execute. Given how many roll-ups exist, I'm guessing it's not the only one in trouble. tip @Techmeme https://t.co/hyE2qocIHv
Henry Rearden$TRUP - Trying to Grow Out of A Death Spiral? Step 1: Don’t run out of cash. 🧐👀 https://t.co/kRQllB9P4g
David Orr
Parent Co has $11M of cash but spends $9M on OpEx + $12M on interest. W/o additional cuts in expenses, dividends from insurance subs, and/or raising equity/debt, $TRUP's Parent runs out of cash & quick. Does not bode well for an insurance co. that needs to grow to achieve scale. https://t.co/7PGmsdxDvT