Ethos Technologies Inc.

LIFE

LIFEEthos Technologies Inc. US flag

NASDAQ Global Select

18.50

USD

-0.53

- -

1.17BMarket Cap

Income Statement (USD)

API ChatGPT

	2023 Y	2024 Y	2025 Y
As of date	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	160	255	388
+ Sales & Services Revenue	160	255	388
- Cost of Revenue	6	7	7
+ Cost of Goods & Services	6	7	7
Gross Profit	154	248	381
+ Other Operating Income	- -	- -	- -
- Operating Expenses	157	200	308
+ Selling, General & Admin	129	171	269
+ Research & Development	- -	- -	- -
+ Other Operating Expense	28	29	39
Operating Income (Loss)	-3	49	73
- Non-Operating (Income) Loss	-5	-5	-3
+ Interest Expense, Net	-5	-5	-3
+ Interest Expense	1	1	3
- Interest Income	6	6	6
+ Other Non-Op (Income) Loss	- -	- -	- -
Pretax Income	2	54	76
- Income Tax Expense (Benefit)	1	5	5
- (Income) Loss from Affiliates	- -	- -	- -
Income (Loss) from Cont Ops	2	49	71
- Net Extraordinary Losses (Gains)	- -	- -	- -
+ Discontinued Operations	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -
Income (Loss) Incl. MI	2	49	71
- Minority Interest	- -	- -	- -
Net Income, GAAP	2	49	71
- Preferred Dividends	- -	- -	- -
- Other Adjustments	- -	- -	- -
Net Income Avail to Common, GAAP	2	49	71
EBIT	-3	49	73
EBITDA	3	54	79
EBITDA Margin (%)	1.76	21.27	20.43
EBITA	-3	49	73
Gross Margin (%)	96.31	97.44	98.26
Operating Margin (%)	-1.82	19.12	18.81
Profit Margin (%)	1.06	19.16	18.36
Sales per Employee	- -	- -	- -
Dividend per Share	- -	- -	- -
Depreciation Expense	6	5	6
Basic Weighted Avg Shares	63	63	63
Basic EPS, GAAP	0.03	0.78	1.14
Basic EPS from Cont Ops	0.03	0.78	1.14
Diluted Weighted Avg Shares	63	63	63
Diluted EPS, GAAP	0.03	0.78	1.14
Diluted EPS from Cont Ops	0.03	0.78	1.14

Balance Sheet (USD)

API ChatGPT

	2023 Y	2024 Y	2025 Y
As of date	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	149	175	246
+ Cash, Cash Equivalents & STI	129	103	126
+ Cash & Cash Equivalents	25	35	91
+ ST Investments	104	68	35
+ Accounts & Notes Receiv	18	45	65
+ Accounts Receivable, Net	18	45	65
+ Notes Receivable, Net	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -
+ Inventories	- -	- -	- -
+ Raw Materials	- -	- -	- -
+ Work In Process	- -	- -	- -
+ Finished Goods	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -
+ Other Inventory	- -	- -	- -
+ Other ST Assets	2	26	55
+ Misc ST Assets	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -
Total Noncurrent Assets	131	221	270
+ Property, Plant & Equip, Net	9	10	10
+ Property, Plant & Equip	18	23	29
- Accumulated Depreciation	9	13	18
+ LT Investments & Receivables	- -	35	31
+ LT Investments	- -	35	31
+ LT Receivables	- -	- -	- -
+ Other LT Assets	122	176	228
+ Total Intangible Assets	2	2	3
+ Goodwill	2	2	2
+ Other Intangible Assets	- -	- -	1
+ LT Deferred Tax Assets	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -
+ Misc LT Assets	119	174	225
Total Assets	280	396	515
+ Payables & Accruals	26	55	107
+ Accounts Payable	13	34	67
+ Accrued Taxes	1	2	1
+ Interest & Dividends Payable	- -	- -	- -
+ Other Payables & Accruals	12	19	39
+ ST Debt	1	1	1
+ ST Borrowings	- -	- -	- -
+ ST Finance Leases	1	1	1
+ Other ST Liabilities	1	12	5
+ Deferred Revenue	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Misc ST Liabilities	1	12	5
Total Current Liabilities	27	68	113
+ LT Debt	- -	2	1
+ LT Borrowings	- -	- -	- -
+ LT Finance Leases	- -	2	1
+ Other LT Liabilities	411	434	425
+ Accrued Liabilities	- -	4	9
+ Pension Liabilities	- -	- -	- -
+ Deferred Revenue	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -
+ Misc LT Liabilities	411	430	417
Total Noncurrent Liabilities	412	435	426
Total Liabilities	439	503	539
+ Preferred Equity and Hybrid Capital	- -	- -	- -
+ Share Capital & APIC	63	67	79
+ Common Stock	- -	- -	- -
+ Additional Paid in Capital	63	67	79
- Treasury Stock	- -	- -	- -
+ Retained Earnings	-222	-174	-103
+ Other Equity	- -	- -	-1
Equity Before Minority Interest	-159	-107	-24
+ Minority/Non Controlling Interest	- -	- -	- -
Total Equity	-159	-107	-24
Total Liabilities & Equity	280	396	515
Shares Outstanding	63	63	63
Number of Employees	- -	- -	- -
Capital Leases - Total	1	3	2
Net Debt	-25	-35	-91
Net Debt to Equity	15.72	32.73	377.72
Tangible Common Equity Ratio	-58.2	-27.86	-5.27
Current Ratio	5.49	2.59	2.17
Cash Conversion Cycle	- -	-1,261.79	-2,672.11

Cash Flow Statement (USD)

API ChatGPT

	2023 Y	2024 Y	2025 Y
As of date	12/31/2023	12/31/2024	12/31/2025

+ Net Income	2	49	71
+ Depreciation & Amortization	6	5	6
+ Non-Cash Items	1	4	17
+ Stock-Based Compensation	4	3	11
+ Deferred Income Taxes	- -	4	5
+ Asset Impairment Charge	- -	- -	- -
+ Other Non-Cash Adj	-3	-3	2
+ Chg in Non-Cash Work Cap	-45	-70	-58
+ (Inc) Dec in Accts Receiv	-36	-77	-76
+ (Inc) Dec in Inventories	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-24	-21
+ Inc (Dec) in Accts Payable	-3	20	50
+ Inc (Dec) in Other	-6	11	-10
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Operating Activities	-37	-11	36
+ Change in Fixed & Intang	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -
+ Acq of Fixed & Intang	-5	-5	-6
+ Acq of Fixed Prod Assets	- -	-1	-1
+ Acq of Intangible Assets	-5	-4	-5
+ Cash (Repurchase) of Equity	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -
+ Net Change in LT Investment	-4	4	38
+ Dec in LT Investment	150	158	105
+ Inc in LT Investment	-154	-155	-67
+ Net Cash From Acq & Div	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -
+ Cash for JVs	- -	- -	- -
+ Other Investing Activities	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Investing Activities	-9	-1	32
+ Dividends Paid	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -
+ Cash From Debt	- -	- -	- -
+ Repayments of Debt	- -	- -	- -
+ Other Financing Activities	-2	22	-12
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Financing Activities	-2	22	-12
Effect of Foreign Exchange Rates	- -	- -	- -
Net Changes in Cash	-48	10	56
EBITDA	3	54	79
EBITDA Margin (%)	1.76	21.27	20.43
Free Cash Flow	-42	-15	30
Net Cash Paid for Acquisitions	- -	- -	- -
Free Cash Flow to Firm	-41	-15	33
Free Cash Flow to Equity	- -	-12	35
Free Cash Flow per Basic Share	-0.67	-0.25	0.48
Price/Free Cash Flow	-2.74	-15.04	- -
Cash Flow to Net Income	-21.98	-0.22	0.51
Capital Expenditures	-5	-5	-6