Hagerty, Inc.

HGTY

HGTYHagerty, Inc. US flag

New York Stock Exchange

11.90

USD

-0.12

- -

4.09BMarket Cap

Income Statement (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	302	397	500	577	829	1,039	1,233	1,456
+ Sales & Services Revenue	302	397	500	577	829	1,039	1,233	1,456
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	-302	-397	-500	- -	- -	- -	- -	- -
- Operating Expenses	293	386	484	- -	- -	- -	- -	- -
+ Selling, General & Admin	198	238	275	344	429	459	494	616
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	95	149	209	-344	-429	-459	-494	-616
Operating Income (Loss)	9	11	16	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	- -	-1	1	55	-11	-45	-94	-139
+ Interest Expense, Net	- -	- -	- -	- -	- -	4	4	9
+ Interest Expense	- -	- -	- -	- -	- -	4	4	9
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	-1	1	55	-11	-49	-98	-148
Pretax Income	9	11	15	-55	11	45	94	139
- Income Tax Expense (Benefit)	- -	7	5	7	7	17	15	-10
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	8	4	10	-61	2	28	78	149
- Net Extraordinary Losses (Gains)	- -	- -	- -	-30	-59	16	123	200
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	-30	-59	16	123	200
Income (Loss) Incl. MI	8	4	10	-31	62	12	-44	-51
- Minority Interest	- -	- -	- -	15	30	-8	-61	-100
Net Income, GAAP	8	4	10	-46	32	20	17	49
- Preferred Dividends	- -	- -	- -	- -	- -	1	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	8	4	10	-46	32	20	17	49
EBIT	9	11	16	- -	- -	- -	- -	- -
EBITDA	16	20	28	- -	- -	- -	- -	- -
EBITDA Margin (%)	5.43	4.98	5.53	- -	- -	- -	- -	- -
EBITA	9	11	16	-22	-34	-46	-39	-38
Gross Margin (%)	100	100	100	100	100	100	100	100
Operating Margin (%)	2.85	2.73	3.17	- -	- -	- -	- -	- -
Profit Margin (%)	2.81	1.06	2.04	-8.04	3.87	1.95	1.38	3.37
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	0.05	0.05	- -	- -	- -	- -
Depreciation Expense	8	9	12	22	34	46	39	38
Basic Weighted Avg Shares	82	82	82	82	83	84	88	94
Basic EPS, GAAP	0.1	0.05	0.12	-0.56	0.39	0.23	0.19	0.52
Basic EPS from Cont Ops	0.1	0.05	0.12	-0.75	0.03	0.33	0.89	1.58
Diluted Weighted Avg Shares	82	82	82	82	336	340	89	347
Diluted EPS, GAAP	0.1	0.05	0.12	-0.56	0.1	0.06	0.19	0.14
Diluted EPS from Cont Ops	0.1	0.05	0.12	-0.75	0.01	0.08	0.88	0.43

Balance Sheet (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	388	513	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	- -	22	38	275	95	119	682	478
+ Cash & Cash Equivalents	- -	22	38	275	95	108	105	160
+ ST Investments	- -	- -	- -	- -	- -	11	578	318
+ Accounts & Notes Receiv	- -	109	141	180	257	341	328	435
+ Accounts Receivable, Net	- -	63	87	122	159	209	250	292
+ Notes Receivable, Net	- -	- -	- -	- -	37	53	57	114
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	46	55	58	60	79	20	29
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	258	334	-455	-352	-460	-1,010	-913
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	55	97	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	16	26	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	40	51	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	24	25	- -	- -	- -	- -	- -
+ LT Investments & Receivables	- -	- -	- -	- -	- -	11	590	731
+ LT Investments	- -	- -	- -	- -	- -	11	590	731
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	39	72	- -	- -	-11	-590	-731
+ Total Intangible Assets	- -	21	51	88	219	206	204	203
+ Goodwill	- -	4	5	11	115	114	114	114
+ Other Intangible Assets	- -	17	47	76	104	92	90	89
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	18	20	-88	-219	-217	-794	-934
Total Assets	- -	443	611	1,042	1,313	1,588	1,709	2,094
+ Payables & Accruals	- -	134	178	223	201	271	235	293
+ Accounts Payable	- -	47	61	67	68	100	59	112
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	87	117	156	133	171	176	182
+ ST Debt	- -	26	- -	- -	105	99	80	153
+ ST Borrowings	- -	26	- -	- -	105	99	80	153
+ ST Finance Leases	- -	- -	- -	- -	8	- -	- -	- -
+ Other ST Liabilities	- -	135	207	-223	-306	-370	-315	-447
+ Deferred Revenue	- -	17	20	22	25	30	47	46
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	6	7	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	113	180	-245	-331	-401	-362	-493
Total Current Liabilities	- -	295	385	- -	- -	- -	- -	- -
+ LT Debt	- -	26	69	136	84	82	25	25
+ LT Borrowings	- -	26	69	136	3	31	25	25
+ LT Finance Leases	- -	- -	- -	- -	81	50	43	- -
+ Other LT Liabilities	- -	11	40	-136	-84	-82	-25	-25
+ Accrued Liabilities	- -	6	20	30	32	33	18	23
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	5	20	-166	-116	-115	-43	-48
Total Noncurrent Liabilities	- -	37	109	- -	- -	- -	- -	- -
Total Liabilities	- -	333	493	771	945	1,178	1,186	1,434
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	113	62	160	549	562	604	623
+ Common Stock	- -	113	62	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -	160	549	562	604	623
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	- -	57	-482	-490	-469	-452	-403
+ Other Equity	- -	-3	-2	-2	- -	- -	-2	1
Equity Before Minority Interest	- -	110	117	-324	59	93	150	221
+ Minority/Non Controlling Interest	- -	- -	- -	595	308	318	373	439
Total Equity	- -	110	117	271	367	411	524	660
Total Liabilities & Equity	- -	443	611	1,042	1,313	1,588	1,709	2,094
Shares Outstanding	- -	82	82	82	83	85	90	101
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	88	50	43	- -
Net Debt	- -	30	31	-140	13	22	1	18
Net Debt to Equity	- -	27.51	26.33	-51.64	3.57	5.45	0.19	2.68
Tangible Common Equity Ratio	- -	21.17	11.79	19.19	13.56	14.79	21.21	24.19
Current Ratio	- -	1.31	1.33	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	8	4	10	-61	2	28	78	149
+ Depreciation & Amortization	8	9	12	- -	- -	- -	- -	- -
+ Non-Cash Items	- -	6	5	70	-6	71	76	59
+ Stock-Based Compensation	- -	- -	- -	- -	12	18	17	19
+ Deferred Income Taxes	- -	6	1	3	3	3	3	-35
+ Asset Impairment Charge	- -	- -	- -	- -	5	1	- -	- -
+ Other Non-Cash Adj	- -	- -	3	67	-25	49	56	75
+ Chg in Non-Cash Work Cap	30	31	58	33	58	34	23	11
+ (Inc) Dec in Accts Receiv	-12	-32	-33	-39	-52	-70	26	-63
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-10	-8	-9	-19	-12	-10	-8	-3
+ Inc (Dec) in Accts Payable	24	29	40	38	38	38	5	6
+ Inc (Dec) in Other	27	41	59	53	85	76	-1	71
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	46	50	85	42	55	134	177	219
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-8	-9	-38	-43	-44	- -	- -	- -
+ Acq of Fixed Prod Assets	-8	-9	-38	-43	-44	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	89	- -	- -	- -	79	- -	- -
+ Increase in Capital Stock	- -	89	- -	- -	- -	79	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	-11	-3	-3	-567	-125
+ Dec in LT Investment	- -	- -	- -	1	1	7	113	230
+ Inc in LT Investment	- -	- -	- -	-12	-4	-11	-680	-355
+ Net Cash From Acq & Div	- -	-11	-9	-15	-31	-9	-25	-2
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-11	-9	-15	-31	-9	-25	-2
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-1	- -	- -	- -	-13	-41	-26	-59
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-8	-21	-47	-69	-92	-53	-619	-185
+ Dividends Paid	- -	- -	-4	-4	- -	- -	- -	- -
+ Net Cash From Debt	10	-49	44	66	-28	22	-29	69
+ Cash From Debt	10	26	73	108	94	162	62	257
+ Repayments of Debt	- -	-75	-29	-42	-122	-140	-91	-188
+ Other Financing Activities	2	- -	- -	271	- -	2	-18	-39
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	12	40	40	332	-28	103	-47	30
Effect of Foreign Exchange Rates	-1	- -	1	- -	-1	1	-3	2
Net Changes in Cash	50	69	77	305	-64	184	-488	64
EBITDA	16	20	28	- -	- -	- -	- -	- -
EBITDA Margin (%)	5.43	4.98	5.53	- -	- -	- -	- -	- -
Free Cash Flow	38	41	46	-1	11	134	177	219
Net Cash Paid for Acquisitions	- -	11	9	15	31	9	25	2
Free Cash Flow to Firm	38	41	46	- -	11	136	180	- -
Free Cash Flow to Equity	- -	-8	90	64	-17	155	148	288
Free Cash Flow per Basic Share	0.46	0.49	0.56	-0.01	0.13	1.59	2.02	2.32
Price/Free Cash Flow	- -	- -	- -	13.63	28.35	19.85	4.82	21.3
Cash Flow to Net Income	5.45	11.91	8.32	-0.91	1.72	6.61	10.4	4.47
Capital Expenditures	-8	-9	-38	-43	-44	- -	- -	- -