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Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. The company is using technology, data, artificial intelligence, contemporary design, and social impact to deliver delightful and affordable insurances. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Oregon and others.
2015
1.2K+
LTM Revenue $554M
LTM EBITDA -$148M
$2.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Lemonade has a last 12-month revenue of $554M and a last 12-month EBITDA of -$148M.
In the most recent fiscal year, Lemonade achieved revenue of $527M and an EBITDA of n/a.
Lemonade expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Lemonade valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $430M | $527M | XXX | XXX | XXX |
| Gross Profit | n/a | n/a | XXX | XXX | XXX |
| Gross Margin | NaN% | NaN% | XXX | XXX | XXX |
| EBITDA | n/a | n/a | XXX | XXX | XXX |
| EBITDA Margin | NaN% | NaN% | XXX | XXX | XXX |
| Net Profit | -$298M | -$237M | XXX | XXX | XXX |
| Net Margin | -69% | -45% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of March 14, 2025, Lemonade's stock price is $35.
Lemonade has current market cap of $2.5B, and EV of $2.3B.
See Lemonade trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2.3B | $2.5B | XXX | XXX | XXX | XXX | $-2.84 |
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Sign UpAs of March 14, 2025, Lemonade has market cap of $2.5B and EV of $2.3B.
Lemonade's trades at 4.1x LTM EV/Revenue multiple, and -15.4x LTM EBITDA.
Analysts estimate Lemonade's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Lemonade and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $2.3B | XXX | XXX | XXX |
| EV/Revenue | 4.3x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | XXX | XXX |
| P/E | -12.6x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -109.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpLemonade's NTM/LTM revenue growth is 27%
Lemonade's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged n/a for the same period.
Over next 12 months, Lemonade's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Lemonade's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Lemonade and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 22% | XXX | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | n/a | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | n/a | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 32% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 24% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | n/a | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ADNIC | XXX | XXX | XXX | XXX | XXX | XXX |
| Aegon | XXX | XXX | XXX | XXX | XXX | XXX |
| ASR Nederland | XXX | XXX | XXX | XXX | XXX | XXX |
| NN Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Challenger | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Lemonade acquired XXX companies to date.
Last acquisition by Lemonade was XXXXXXXX, XXXXX XXXXX XXXXXX . Lemonade acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Lemonade founded? | Lemonade was founded in 2015. |
| Where is Lemonade headquartered? | Lemonade is headquartered in United States of America. |
| How many employees does Lemonade have? | As of today, Lemonade has 1.2K+ employees. |
| Who is the CEO of Lemonade? | Lemonade's CEO is Mr. Daniel Schreiber. |
| Is Lemonade publicy listed? | Yes, Lemonade is a public company listed on NYS. |
| What is the stock symbol of Lemonade? | Lemonade trades under LMND ticker. |
| When did Lemonade go public? | Lemonade went public in 2020. |
| Who are competitors of Lemonade? | Similar companies to Lemonade include e.g. ADNIC, Aegon, ASR Nederland, NN Group. |
| What is the current market cap of Lemonade? | Lemonade's current market cap is $2.5B |
| What is the current revenue of Lemonade? | Lemonade's last 12-month revenue is $554M. |
| What is the current EBITDA of Lemonade? | Lemonade's last 12-month EBITDA is -$148M. |
| What is the current EV/Revenue multiple of Lemonade? | Current revenue multiple of Lemonade is 4.1x. |
| What is the current EV/EBITDA multiple of Lemonade? | Current EBITDA multiple of Lemonade is -15.4x. |
| What is the current revenue growth of Lemonade? | Lemonade revenue growth between 2023 and 2024 was 22%. |
| Is Lemonade profitable? | Yes, Lemonade is EBITDA-positive (as of the last 12 months). |
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