Trade EverQuote Inc - EVER CFD

EverQuote A Company profile

About EverQuote Inc

EverQuote, Inc. operates an online marketplace for insurance shopping and connecting consumers with insurance providers. The Company's data and technology platform, matches and connects consumers seeking to purchase insurance with options from its network of insurance providers. Its technology platform combines internally developed, third-party and open-source software. Its websites, mobile applications and supporting services, as well as its development and test environments, are hosted across various cloud providers. Its internal data and analysis tools are hosted at a third-party data center in Boston, Massachusetts. The Company also sells consumer referrals to insurance provider customers, consisting of carriers and agents and indirect distributors in the United States. Crosspointe Insurance & Financial Services, LLC and EverQuote NI Limited are subsidiaries of the Company.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, EverQuote Inc revenues increased 21% to $418.5M. Net loss increased 73% to $19.4M. Revenues reflect Automotive segment increase of 17% to $330.9M, Other segment increase of 38% to $87.6M. Higher net loss reflects Sales and marketing - Balancing value increase of 25% to $342.6M (expense), Research and development - Bal increase of 19% to $26.2M (expense).