Hagerty(HGTY) - 2024 Q1 - Earnings Call Presentation
Hagerty(HGTY)2024-05-10 09:00
Total Revenue growth of 24% Commission and Fee growth of 19% Written Premium growth of 19% » Added 59,000 new customers in the quarter Membership, Marketplace and other revenue growth of 18% » Marketplace growth of 58% Significantly improved profitability » Improved operating margin by 1,210 bps » Net Income1 of $8 million compared to $(15) million » Adjusted EBITDA2 of $27 million compared to $7 million 1 Net Income in the current year includes a $6 million loss as a result of an increase in the fair value ...