Goosehead Insurance Inc (OQ:GSHD)

Business Focus: Insurance Brokers

Sector:  Financials Industry:  Multiline Insurance & Brokers
See Regulatory Filings on SEC
Company Contact
Address: Building 4, 1500 Solana Blvd Ste 4500
WESTLAKE TX 76262-1690
Tel: N/A
Website: N/A
Key People
Mark E. Jones
Chairman of the Board, Chief Executive Officer
Michael C. Colby
President, Chief Operating Officer
Robyn Jones
Vice Chairman of the Board, Director
Mark S. Colby
Chief Financial Officer
P. Ryan Langston
Vice President, General Counsel
Michael Patrick Moxley
Vice President, Service Delivery
Business Overview
Goosehead Insurance, Inc. is a independent personal lines insurance agency. The Company is primarily engaged in distributing personal lines products and services throughout the United States. The Company underwrites personal lines and small commercial lines risks for approximately 80 insurance companies. The Company's insurance product offerings portfolio includes homeowner's insurance; auto insurance; other personal lines products, including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property and auto insurance for small businesses); and life insurance. The Company do not provide any insurance underwriting services to the companies engaged in same business process. The Company basically deals its projects through two segments: the Corporate Channel and Franchise Channel.
Financial Overview
For the fiscal year ended 31 December 2018, Goosehead Insurance Inc revenues increased 41% to $60.1M. Net loss before extraordinary items totaled $13.7M vs. income of $8.7M. Revenues reflect Interest income increase of 74% to $422K. Net loss reflects Employee compensation increase from $24.5M to $58.3M (expense), General and administrative expenses increase of 52% to $13.1M (expense).
Employees: 282 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $1,063M as of Dec 31, 2018
Annual revenue (TTM): $60.15M as of Dec 31, 2018
EBITDA (TTM): -$11.41M as of Dec 31, 2018
Net annual income (TTM): -$13.65M as of Dec 31, 2018
Free cash flow (TTM): -$72.03M as of Dec 31, 2018
Net Debt Last Fiscal Year: $31.51M as of Dec 31, 2018
Shares outstanding: 58,771,377 as of Mar 14, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization