EverQuote Inc (OQ:EVER)

Sector:  Technology Industry:  Internet Services
 
See Regulatory Filings on SEC
Company Contact
Address: 210 Broadway
CAMBRIDGE MA 02139-1959
Tel: N/A
Website: https://www.everquote.com
IR: See website
<
Key People
David B. Blundin
Chairman of the Board
Jayme Mendal
President, Chief Executive Officer, Director
Joseph Sanborn
Chief Financial Officer
David Brainard
Chief Technology Officer
Julia Brncic
General Counsel, Company Secretary
 
Business Overview
EverQuote, Inc. operates an online marketplace for insurance shopping, connecting consumers with insurance provider customers, which includes both carriers and agents. The Company's data and technology platform, matches and connects consumers seeking to purchase insurance with relevant options from its network of insurance providers, saving consumers and providers time and money. Its technology platform combines internally developed, third-party and open-source software. Its Websites and supporting services, as well as its development and test environments, are hosted across industry-standard cloud providers, such as Amazon Web Services and Google Cloud Platform. It uses content delivery network solutions for fast, local access to its products. Its insurance provider customers include insurance carriers and third-party insurance agents. Insurance carriers write auto, home and renters, and life insurance policies for consumers directly and through agents.
Financial Overview
For the fiscal year ended 31 December 2023, EverQuote Inc revenues decreased 29% to $287.9M. Net loss increased from $24.4M to $51.3M. Revenues reflect Automotive segment decrease of 30% to $227.5M, Other segment decrease of 76% to $19.5M. Higher net loss reflects Acquisition-related costs decrease of 96% to $150K (income), Other income decrease of 39% to $14K (income).
Employees: 381 as of Jan 31, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $603.85M as of Dec 31, 2023
Annual revenue (TTM): $287.92M as of Dec 31, 2023
EBITDA (TTM): -$22.36M as of Dec 31, 2023
Net annual income (TTM): -$51.29M as of Dec 31, 2023
Free cash flow (TTM): -$6.67M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 34,229,732 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.