ROOT, INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $669.3M | $599.3M | $678.7M | $762.1M | $706.0M | $1.11B | $391.7M | $122.3M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $1.2M | $1.8M | $2.8M | $5.5M | $10.3M | $8.9M | $10.2M | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.67B | $1.50B | $1.35B | $1.31B | $1.32B | $1.76B | $728.6M | — |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $200.3M | $200.1M | $299.0M | $295.4M | $0 | $188.2M | $192.2M | — |
| Total Liabilities | $1.28B | $1.18B | $1.07B | $923.8M | $670.9M | $729.9M | $542.2M | — |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.64B | $-1.68B | $-1.72B | $-1.57B | $-1.27B | $-748.0M | $-385.0M | — |
| Total Stockholders' Equity | $284.3M | $203.7M | $165.7M | $277.1M | $536.4M | $1.03B | $-374.0M | $-102.7M |