Doma Holdings Inc. (DOMA) Reports Q4 Net Loss of $43.7M
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Doma Delivers at High End of 2021 Guidance on Retained Premiums and Fees, and Exceeds Guidance on Adjusted Growth Profit
February 17, 2022 4:10 PM ESTFourth quarter includes successful expansion of core machine intelligence-powered title and closing offering into purchase transactions within Local channel
Provides Growth and Margin Outlook for FY 2022
Fourth Quarter 2021 Business Highlights(1):
Total revenues of $138 million, up 17% versus Q4 2020 Retained premiums and fees of $66 million, up 24% versus Q4 2020 Gross profit of $22 million, down 10% versus Q4 2020 Adjusted gross profit of $25 million, down 9% versus Q4 2020 Closed orders up 35% versus Q4 2020, Enterprise closed orders up 296% versus Q4 2020 Open orders up 21% versus Q4 2020SAN... More
