Hippo expects to turn Ebitda positive by Q4 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Hippo expects to turn Ebitda positive by Q4 2024

Jairo Ibarra
September 06, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
hippo logo stock.jpg

Hippo is expecting to achieve Ebitda profitability ($20mn-$30mn) by the last quarter of 2024, according to the firm’s latest presentation to investors.

The Palo Alto, California-based company has been turning around its strategy amid challenging market conditions for InsurTechs.

Last month, the Californian carrier announced plans to cut around 10% of its workforce in a bid to improve efficiency.

Earlier

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsInsurTechHippo
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article