Steelbath Operator

Former CEO in global manufacturing industry, but stopped because I didn't know about Palantir Foundry back then. Now I invest from home. Barbell-ish Mode.

[Lorenzo2cents @BastianelliLore]

Anyone still wondering if $LMND taking advantage of AI is real?

[The Earnings Correspondent @earnings_guy]

$LMND (Lemonade) #earnings are out:

[Steelbath Operator @SteelbathOps]

@shai_wininger @kidfrancescoli Lessgo 🥳

[Shai Wininger @shai_wininger]

Lemonade’s Q1 results are 🔥. So much to share, where do I start?

First, get into the AI mood, click this, + volume ⏫
https://t.co/IDPCvrTHge (by @kidfrancescoli)

🚀10th consecutive quarter of accelerating IFP growth
🔥 Topline at $1.33 Billion (IFP +32%)
🔥 Revenue grew 71% to $258M
🔥 Gross Profit increased 159% to $100M
🔥 3.14M Customers
🔥 Adj. Free Cash Flow $17M

Lemonade Pet exploding!
✅ Surpassed $500M top line early in Q2
✅ #1 most searched pet insurance brand in the U.S.
✅ @lemonade_inc is now the 4th largest pet carrier in the U.S.
✅ AI-powered automation drives record claim handling efficiency (LAE: ~4%)
✅ Our data + tech edge lets us lower prices while boosting profitability

Car picking up speed
✅ Now at 60% YoY growth, $214M IFP
✅ Loss ratio improved to 74% (14 pts better YoY)
✅ Autonomous Car for @Tesla FSD conversion rate 70% higher than standard

And more...
↗️ Raising 2026 top & bottom line guidance
↗️ IFP per employee > $1M (3x improvement in 4 years)
↗️ Positive Adj. EBITDA in Q4
↗️ Investor Day in NYC November 17

[Steelbath Operator @SteelbathOps]

@KennyZufall Yeah, clearly it is battling sector weakness/outflows with various doomer themes such as stagflation, credit cycle and so forth but aside from that very keen to check-in on the company ER today.

[Hedgeye @Hedgeye]

Key details on the new margin system:

1. Brokers will track your risk throughout the day, not just at the close

2. You may be blocked from placing trades if they would put your account at risk

3. If you use too much leverage, you’ll need to add cash or close positions quickly

4. If you don’t fix it within a few days, your account can be restricted for up to 90 days

5. Rules are based on how risky your positions are, NOT how many trades you make

[Steelbath Operator @SteelbathOps]

@DataDInvesting Great initiative!!

[Steelbath Operator @SteelbathOps]

@SoFi Lovely initiative.

[Treasury Secretary Scott Bessent @SecScottBessent]

Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance.

It is time for @BankingGOP to hold a markup and send the CLARITY Act to President Trump’s desk.

Senate time is precious, and now is the time to act.

[Anthony Noto @anthonynoto]

Businesses run 24/7, and so do we. @SoFi new Big Business Banking delivers one regulated platform to move and manage fiat and crypto in real time.

[Lycanbull @Lycanbull]

$SOFI - SoFi Expands Loan Platform Business with Multiple New Agreements Totaling Over $3.6 Billion

https://t.co/GsYKpnz7WZ

[Paper Bag Investor @PaperBagInvest]

Something the book value bros can rejoice over: in Q4 $LMND's Book Value Per Share actually rose!

It's almost like there's an underlying trend occurring.

[Steelbath Operator @SteelbathOps]

Some boxes checked - mud slinging included.
My share-count 250% larger now than at ATH.

$SoFi 🙂

[Steelbath Operator @SteelbathOps]

The most entertaining outcome would be that they bring it down below SP500 market cap requirement, which will turn many real bearish, and bears amping up the volume. Then another huge rip. It has been the SoFi way.

I'm long with a chunky house money position so good with it either way. I would actually prefer a break-down to signal to management that it would be wise to chill on over-tapping the market. And a good opportunity to load at discount to dilution levels.

$SoFi

[Shai Wininger @shai_wininger]

Presenting @Lemonade_Inc’s Q4 2025: our strongest quarter ever!

Recommended: Play this while reading- https://t.co/jHFp0vsNcn

Highlights (Y/Y)
🚀 9th consecutive quarter of accelerating growth
💵 $1.24 billion top line (+31%)
🔥 Revenue: up 53%
🔥 Gross profit: up 73%
🔥 Cash flow: generated $37m (adj. FCF)
🔥 ~3m customers
🔥 Adj. EBITDA loss improved 81%, now just -$5m

Car and Autonomous
✅ Lemonade Car grew 53%, now at $187m
✅ Loss ratio: 70% (TTM, down 23 points)
✅ Launched Autonomous Car Insurance for @tesla FSD (Supervised)

Europe
✅ Grew 150%
✅ 10th consecutive quarter of triple digit growth
✅ Loss ratio: 64%

AI Spotlight
✅ In the last 13 quarters- headcount shrunk 6%, while adding 1.2m customers
✅ 68% reduction in Pet cost-per-claim: from $44 in 2021, to $14 now
✅ Claims LAE at a record 6% (vs. 9% industry avg.)

More...
✅ Record breaking LMND gross loss ratio: now at 52%
✅ Growing cash (and investments) in the bank: $1.12B

Up next
⬆️ Guiding to 32% IFP growth in 2026
⬆️ 60%+ revenue growth
⬆️ Q4 2026 first positive adj. EBITDA quarter, 2027 - full positive year
⬆️ Announcing our upcoming investor day @ NYC, Nov ‘26.

Full details + financials: https://t.co/gDgJGSVuac

[Steelbath Operator @SteelbathOps]

@shai_wininger @Lemonade_Inc 👏 well done!

[Ironic Ape @Ironic_Ape]

🚨 $LMND Q4 EARNINGS 🚨

Lemonade just dropped a monster quarter. The cash burn narrative is dead.

📊 The Numbers: • Revenue: $228M (Beat Exp. $220M) • IFP: $1.24B (+31% YoY) • Customers: 2.98M (+23% YoY) • Gross Loss Ratio: 52% (Q3: 62%) 📉🤯

🚗 Segment Firepower: • Home/Renters: 39% Loss Ratio (Cash Cow) • Car: $187M IFP (Growing 53% YoY) with 40% Loss Ratio* • Pet: $439M IFP (Now 35% of book)

💰 The Kicker: • Adj EBITDA: -$4.6M (Guidance was -$14M) • Ops Cash Flow: +$21M 🟢 • Free Cash Flow: +$37M 🟢

Guidance: Expect Positive EBITDA for full Q4 2026.

Verdict: MEGA BULLISH. Loss ratios have collapsed. Growth is accelerating. Cash flow is positive. The flywheel is spinning.

[Tannor Manson @Futurenvesting]

$SOFI WEBSITE TRAFFIC UPDATE 🚨

SoFi just saw a MASSIVE +45.87% YoY bump in website traffic (17.24% up MoM!)

This is not only the largest month, but it was also the largest month-over-month increase in visits!

Q1 data starting very strong!

[Steelbath Operator @SteelbathOps]

@Tim_Sweeney_TAR I am buying heavy at these levels, now we are getting a really good discount to the rounds of dilution. Almost have 2Xeed the position past days. Not as aggressive as last April bottom, but may get there given the gyrations.

[Steelbath Operator @SteelbathOps]

@jakebrowatzke Alpine Ski season has started so not so active on X when snow is abundant, but wish you the best Jake through all the gyrations. 🤗