TIPTREE INC
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
TIPT$17.62-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets for December 31, 2024 and 2023
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets: | ||
| Investments: | ||
| Available for sale securities, at fair value, net of allowance for credit losses | $1,107,929 | $802,609 |
| Loans, at fair value | 81,330 | 69,556 |
| Equity securities | 108,620 | 68,308 |
| Other investments | 53,084 | 111,088 |
| Total investments | 1,350,963 | 1,051,561 |
| Cash and cash equivalents | 320,067 | 468,711 |
| Restricted cash | 96,197 | 23,850 |
| Notes and accounts receivable, net | 799,131 | 684,608 |
| Reinsurance recoverable | 992,883 | 953,886 |
| Prepaid reinsurance premiums | 1,046,253 | 900,524 |
| Deferred acquisition costs | 565,872 | 565,746 |
| Goodwill | 206,706 | 206,155 |
| Intangible assets, net | 102,859 | 118,757 |
| Other assets | 213,858 | 165,515 |
| Total assets | $5,694,789 | $5,139,313 |
| Liabilities and Stockholders’ Equity | ||
| Liabilities: | ||
| Debt, net | $427,089 | $402,411 |
| Unearned premiums | 1,766,068 | 1,695,058 |
| Policy liabilities and unpaid claims | 1,298,081 | 844,848 |
| Deferred revenue | 695,772 | 673,085 |
| Reinsurance payable | 443,083 | 543,602 |
| Other liabilities and accrued expenses | 407,925 | 403,744 |
| Total liabilities | $5,038,018 | $4,562,748 |
| Stockholders’ Equity: | ||
| Preferred stock: $0.001 par value, 100,000,000 shares authorized, none issued or outstanding | $— | $— |
| Common stock: $0.001 par value, 200,000,000 shares authorized, 37,255,838 and 36,756,187 shares issued and outstanding, respectively | 37 | 37 |
| Additional paid-in capital | 389,693 | 382,239 |
| Accumulated other comprehensive income (loss), net of tax | (27,750) | (26,073) |
| Retained earnings | 95,718 | 60,663 |
| Total Tiptree Inc. stockholders’ equity | 457,698 | 416,866 |
| Non-controlling interests: | ||
| Fortegra preferred interests | 77,679 | 77,679 |
| Common interests | 121,394 | 82,020 |
| Total non-controlling interests | 199,073 | 159,699 |
| Total stockholders’ equity | 656,771 | 576,565 |
| Total liabilities and stockholders’ equity | $5,694,789 | $5,139,313 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.