Slide 1: Trupanion Reports Third Quarter 2016 Results
Trupanion Reports Third Quarter 2016 Results • Total revenue of $48.8 million, up 28% year-over-year • 334,070 total enrolled pets at quarter-end, up 21% year-over-year SEATTLE, WA. November 1, 2016 -- Trupanion , Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today
Slide 2: Conference Call
Conference Call Trupanion’s management will host a conference call today to review its third quarter 2016 results. The call is scheduled to begin shortly after 1:30 p.m. PT/ 4:30 p.m. ET. A live webcast will be accessible through the Investor Relations section of Trupanion’s website at http://invest
Slide 3: Consolidated Statements of Operations
Trupanion, inc. Consolidated Statements of Operations {in thousands, except for share and per share data) Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Tanaudited) Reverue Subscription business S 44p29 $3440 «$s 1se3e $96 684 Other business 3,730 3,445 10.956 1
Slide 4: Consolidated Balance Sheets
Trupanion, Inc. Consolidated Balance Sheets (in thousands, except for share data) September 30,2016 _December 31, 2015, [unoudited) Assets Current assets: Cash and cash equivalents $ 20626 § 17,956 Short-term investments 28,720 25,288 Accounts and other receivables 10,286 5,196 Prepaid expenses and
Slide 5: Consolidated Statements of Cash Flows
Trupanion, Inc. Consolidated Statements of Cash Flows Operating act Net loss Adjustments to reconcilenet loss to cash provided by (used in) operating activities: Depreciation and amortization Stock-bas ed compensation expense Other, net Changes in operating assets and liabiliti ‘Accounts and other r
Slide 6: Key financial and operating metrics
The following tables set forth our key financial and operating metrics: Nine Months Ended September 30, 2016 2015 Total pets enrolled (at period end) 334070 276,988 Total subscription pets enrolled (at period end) «312,282 258,546 Monthly average revenue per pet $ 4733 $ 44.88 Lifetime value of a pe
Slide 7: Reconciliation of GAAP measures to non-GAAP measures
The following table reflects the reconciliation of GAAP measures to non-GAAP measures (in thousands, except percentages): Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Claims expense $ 34,253 $ 26604 $§ 97,323 $ 75,442 Stock-based compensation expense (74) (58)
Slide 8: Reconciliation of acquisition cost and net acquisition cost
The following tables reflect the reconciliation of acquisition cost and net acquisition cost to sales and marketing expense (in thousands): Nine Months Ended September 30, 2016 2015 Sales and marketing expenses $11,296 $11,312 Exduding: Stock-based compensation expense (419 3.42) Acquisition cost 10
Slide 9: Contacts
Contacts : Investors: Laura Bainbridge, Addo Communications 310.829.5400 InvestorRelations@trupanion.com