Trupanion Files 2024 10-K

TL;DR

Trupanion dropped its 2024 10-K. Full financials for pet insurance giant are out.

AI Summary

Trupanion, Inc. filed its 2024 10-K on February 27, 2025, reporting on its fiscal year ending December 31, 2024. The company, a provider of medical insurance plans for pets, operates under the SIC code 6324 (Hospital & Medical Service Plans). Key subsidiaries include American Pet Insurance Company (APIC) and Wyndham Insurance Company SAC Limited. The filing details various financial metrics and operational aspects for the fiscal years 2022, 2023, and 2024.

Why It Matters

This filing provides a comprehensive overview of Trupanion's financial performance and operational status for the 2024 fiscal year, offering insights into its business health and future outlook for pet insurance stakeholders.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks beyond those typical for a publicly traded company in its sector.

Key Numbers

• 42,490,664 — Shares (Total shares outstanding as of the reporting period.)

Key Players & Entities

• TRUPANION, INC. (company) — Filer
• 0001371285 (company) — Central Index Key
• 6324 (company) — Standard Industrial Classification
• SEATTLE (company) — Business Address City
• 888-733-2685 (company) — Business Phone
• 20131114 (date) — Date of Name Change
• 20060802 (date) — Date of Name Change
• 20241231 (date) — Conformed Period of Report
• 20250227 (date) — Filed as of Date
• AmericanPetInsuranceCompanyAPICMember (company) — Subsidiary

FAQ

From the Filing

0001371285-25-000052.txt : 20250227 0001371285-25-000052.hdr.sgml : 20250227 20250227161046 ACCESSION NUMBER: 0001371285-25-000052 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 108 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250227 DATE AS OF CHANGE: 20250227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUPANION, INC. CENTRAL INDEX KEY: 0001371285 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36537 FILM NUMBER: 25678827 BUSINESS ADDRESS: STREET 1: 6100 4TH AVENUE SOUTH STREET 2: SUITE 400 CITY: SEATTLE STATE: WA ZIP: 98108 BUSINESS PHONE: 888-733-2685 MAIL ADDRESS: STREET 1: 6100 4TH AVENUE SOUTH STREET 2: SUITE 400 CITY: SEATTLE STATE: WA ZIP: 98108 FORMER COMPANY: FORMER CONFORMED NAME: TRUPANION INC. DATE OF NAME CHANGE: 20131114 FORMER COMPANY: FORMER CONFORMED NAME: VETINSURANCE INTERNATIONAL INC DATE OF NAME CHANGE: 20060802 10-K 1 trup-20241231.htm 10-K trup-20241231 0001371285 12/31 10-K 2024 FY false 42,490,664 iso4217:USD xbrli:shares iso4217:CAD xbrli:pure iso4217:USD xbrli:shares iso4217:AUD 0001371285 2024-01-01 2024-12-31 0001371285 2024-06-30 0001371285 2025-02-19 0001371285 trup:AmericanPetInsuranceCompanyAPICMember 2024-01-01 2024-12-31 0001371285 2024-12-31 0001371285 trup:WyndhamInsuranceCompanySACLimitedMember 2024-01-01 2024-12-31 0001371285 2023-01-01 2023-12-31 0001371285 2022-01-01 2022-12-31 0001371285 trup:ClaimsExpenseMember 2024-01-01 2024-12-31 0001371285 trup:ClaimsExpenseMember 2023-01-01 2023-12-31 0001371285 trup:ClaimsExpenseMember 2022-01-01 2022-12-31 0001371285 trup:OtherCostofSalesMember 2024-01-01 2024-12-31 0001371285 trup:OtherCostofSalesMember 2023-01-01 2023-12-31 0001371285 trup:OtherCostofSalesMember 2022-01-01 2022-12-31 0001371285 us-gaap:ResearchAndDevelopmentExpenseMember 2024-01-01 2024-12-31 0001371285 us-gaap:ResearchAndDevelopmentExpenseMember 2023-01-01 2023-12-31 0001371285 us-gaap:ResearchAndDevelopmentExpenseMember 2022-01-01 2022-12-31 0001371285 us-gaap:GeneralAndAdministrativeExpenseMember 2024-01-01 2024-12-31 0001371285 us-gaap:GeneralAndAdministrativeExpenseMember 2023-01-01 2023-12-31 0001371285 us-gaap:GeneralAndAdministrativeExpenseMember 2022-01-01 2022-12-31 0001371285 us-gaap:SellingAndMarketingExpenseMember 2024-01-01 2024-12-31 0001371285 us-gaap:SellingAndMarketingExpenseMember 2023-01-01 2023-12-31 0001371285 us-gaap:SellingAndMarketingExpenseMember 2022-01-01 2022-12-31 0001371285 2023-12-31 0001371285 us-gaap:CommonStockMember 2021-12-31 0001371285 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001371285 us-gaap:RetainedEarningsMember 2021-12-31 0001371285 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001371285 us-gaap:TreasuryStockCommonMember 2021-12-31 0001371285 2021-12-31 0001371285 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001371285 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001371285 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001371285 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001371285 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001371285 us-gaap:CommonStockMember 2022-12-31 0001371285 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001371285 us-gaap:RetainedEarningsMember 2022-12-31 0001371285 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001371285 us-gaap:TreasuryStockCommonMember 2022-12-31 0001371285 2022-12-31 0001371285 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001371285 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001371285 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001371285 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001371285 us-gaap:CommonStockMember 2023-12-31 0001371285 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001371285 us-gaap