$Lemonade, Inc.(LMND)$from wha_老虎社区_美港股上老虎

Chifield

2021-08-05

$Lemonade, Inc.(LMND)$from what I can gather in the 2q results (30+ pages)

1. Drop in revenue due to increased risk sharing (reinsurance). Hence can't really compare with 1Q20

2. Premiums up, premium per customer up

3. Customer up about 200k. Good growth

4. Larger losses due to higher marketing expenses also

Let it drop. No fear!

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