Slide Q2 revenue +48%, combined ratio 57.6%; initiates $0.07 quarterly dividend

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 12, 2025 · ~2 min read

Key Changes

• high

  Q2 revenue grew 47.9% YoY to $386.8M on 46% policy growth to 509k; combined ratio improved 980bp to 57.6% from 67.4% as loss ratio fell to 30.2%, reflecting benign loss experience and operating leverage.

  MD&A: Financial Results verify on EDGAR →
• high

  Board initiated a $0.07 quarterly dividend (payable Aug 28, 2026) and expanded revolving credit to $530.4M (from $10M), both on July 27, 2026 — post-quarter events disclosed in the subsequent-events note.

  Notes: Subsequent Events verify on EDGAR →
• high

  Company repurchased $190.9M of stock (10.7M shares, 6.7% of outstanding) in H1 2026, completing the initial $120M authorization and executing under two new programs ($125M March, up to $100M April).

  Notes: Stockholders' Equity verify on EDGAR →