Financial Data and Key Metrics Changes - Total revenues in Q2 grew 34% year over year to $156.6 million, driven by stronger enterprise carrier spend, which was up over 61% from the comparable period last year [12][13] - Net income reached a record $14.7 million, up from $6.4 million in the prior year period [14] - Adjusted EBITDA increased to $22 million compared to $12.9 million in the prior year period, with an adjusted EBITDA margin expanding to a record 14% [14][18] - Operating cash flow was reported at a record $25.3 million for the second quarter, with cash and cash equivalents increasing to $148.2 million from $125 million at the end of Q1 [14][17] Business Line Data and Key Metrics Changes - Revenue from the auto insurance vertical increased to $139.6 million in Q2, up 36% year over year [12] - Revenue from the home and renters insurance vertical increased to $17 million in Q2, up 23% both year over year and sequentially [13] - Variable marketing dollars (VMD) increased to $45.5 million in Q2, up 25% from the prior year period, with a variable marketing margin (VMM) of 29.1%, up from 28% in Q1 [13] Market Data and Key Metrics Changes - Carrier demand remained stable, with one large carrier increasing spend to record levels while another tightened budgets [5][6] - The company anticipates a return to a full carrier panel by historical standards by the end of the year, despite challenges in certain geographies like California [6][34] Company Strategy and Development Direction - The company aims to become the number one growth partner to property and casualty (P&C) insurance providers by delivering better-performing referrals and a broader suite of products and services [5][11] - Investments are being made in AI capabilities and technology to drive operational efficiency and strengthen competitive positioning [17][18] - The company plans to exceed $1 billion in annual revenue in the near future, focusing on organic growth and expanding its existing customer base [11][66] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the healthy carrier landscape and stable demand, indicating no anticipated budget constraints in the second half of the year [22][23] - The company is focused on increasing operating efficiency and productivity, evidenced by record adjusted EBITDA margins and net income [9][10] - Future guidance expects revenue between $163 million and $169 million, representing 15% year-over-year growth at the midpoint [18] Other Important Information - The company announced a share repurchase program authorized for up to $50 million over the next twelve months, reflecting confidence in the business [15] - A new three-year $60 million committed credit facility was established to provide additional financial flexibility [17] Q&A Session Summary Question: Impact of tariffs on carrier profitability - Management indicated that the carrier landscape remains healthy, with stable demand and no anticipated budget constraints despite monitoring tariffs [22][23] Question: AI-powered search impact on traffic acquisition - Management acknowledged that while the insurance industry is more opaque, they are well-positioned to engage with AI-driven traffic acquisition strategies [24][25] Question: Competitive pressures in the advertising landscape - Management noted increased competitive pressure from carriers stepping into the advertising market but emphasized their ability to manage through it effectively [46] Question: M&A considerations - Management stated that while they are open to M&A opportunities, their primary focus remains on organic growth and helping existing customers succeed [41][75] Question: Seasonal trends in revenue and VMD - Management provided guidance on expected seasonal trends, indicating a typical low single-digit decline from Q3 to Q4 [62]

Core Insights - EverQuote reported Q2 2025 results with GAAP EPS of $0.39, exceeding estimates of $0.35, while GAAP revenue was $156.6 million, slightly below the consensus of $157.2 million, indicating strong profitability and operational efficiency despite moderating growth rates [1][2] Financial Performance - GAAP EPS increased by 129.4% year-over-year from $0.17 in Q2 2024 [2] - GAAP revenue rose by 33.8% from $117.1 million in Q2 2024 [2] - Adjusted EBITDA reached $22.0 million, a 70.5% increase from $12.9 million in Q2 2024 [2] - Operating cash flow hit a record $25.3 million, more than doubling from $12.4 million in the previous year [2] Business Model and Strategy - EverQuote operates a digital marketplace that connects insurance shoppers with providers, leveraging a proprietary technology platform that utilizes AI and machine learning for optimized matching [3][4] - The company focuses on enhancing its Smart Campaigns product and expanding its offerings in the property and casualty insurance market, particularly in automotive, home, and renters' segments [4] Growth Drivers - The automotive insurance vertical was the primary growth driver, with revenue increasing by 36% to $139.6 million from $102.6 million in Q2 2024 [5] - Home and renters insurance also saw a 22.7% increase to $17.0 million [5] - The company achieved significant operational leverage, with adjusted EBITDA climbing to $22.0 million, a 69.8% increase [6] Market Trends and Outlook - Management anticipates revenue for Q3 2025 to be between $163.0 million and $169.0 million, reflecting a deceleration in growth compared to Q2 2025 [9] - Variable marketing dollars are projected to be between $47.0 million and $50.0 million, with adjusted EBITDA expected to range from $22.0 million to $24.0 million [9] - The company announced a $50.0 million share repurchase program, indicating confidence in its cash generation and balance sheet [10]

Company Overview - The company operates a leading online insurance marketplace, connecting consumers and insurance providers[10] - The company's platform leverages over 4 billion consumer data points[15,22] - The company has diversified distribution model with approximately 60 carriers and 6,000 third-party agents[15] Market Opportunity - The total P&C distribution and advertising spend market is estimated at $117 billion annually[10,17] - Digital advertising spend within the P&C insurance market is $7 billion[17] - The company estimates its share of the P&C distribution and advertising spend market is less than 1%[18] - The estimated digital advertising spend growth in the U S P&C insurance market is approximately 15% annually from 2023 to 2026[18] Financial Performance - The company's Q2 2025 revenue increased by 34% year-over-year to $156 6 million[32,43] - Auto insurance revenue in Q2 2025 grew by 36% year-over-year to $139 6 million[43] - Home/Renters insurance revenue in Q2 2025 increased by 23% year-over-year to $17 0 million[43] - Adjusted EBITDA for Q2 2025 was $22 0 million, representing a 70% increase year-over-year[32]

Core Viewpoint - EverQuote, Inc. reported strong financial results for the second quarter of 2025, with a 34% year-over-year revenue growth and record operating cash flow, indicating effective execution and a stable market environment [2][6][7]. Financial Performance - Revenue for the second quarter reached $156.6 million, a 34% increase compared to $117.1 million in the same quarter of 2024 [6][7]. - The automotive insurance vertical generated $139.6 million, reflecting a 36% increase, while home and renters insurance revenue was $17.0 million, up 23% [7][23]. - Variable marketing dollars increased by 25% year-over-year to $45.5 million [6][7]. - Net income for the quarter was $14.7 million, compared to $6.4 million in the prior year, marking a 129.6% increase [6][7][24]. - Adjusted EBITDA rose to $22.0 million, up from $12.9 million, representing a 69.8% increase [6][7][24]. Share Repurchase Program - The Board of Directors approved a share repurchase program allowing the company to buy back up to $50 million of its Class A common stock [2][5][6]. - The program is set to expire on July 22, 2026, and will be funded through existing cash balances and future cash flow [5][6]. Cash Flow and Balance Sheet - Operating cash flow reached a record $25.3 million, compared to $12.4 million in the previous year [6][7]. - The company ended the quarter with $148.2 million in cash and cash equivalents, a 19% increase from $125.0 million at the end of the first quarter of 2025 [7][18]. Future Outlook - For the third quarter of 2025, EverQuote expects revenue between $163.0 million and $169.0 million, indicating a 15% year-over-year growth at the midpoint [7][8]. - Variable marketing dollars are projected to be between $47.0 million and $50.0 million, reflecting a 10% year-over-year growth at the midpoint [7][8].

Exhibit 99.1 EverQuote Announces Second Quarter 2025 Financial Results CAMBRIDGE, Mass., August 4, 2025 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the second quarter ended June 30, 2025. "We achieved strong results in the second quarter, growing revenue 34% year-over-year and achieving record operating cash flow," said Jayme Mendal, CEO of EverQuote. "Our team is executing well against an increasingly stable backdrop with ...

Group 1 - EverQuote has shown impressive growth primarily in the car insurance market and with a few large customers [1] - The property and casualty (P&C) market is cyclical, prompting the company to seek diversification [1] Group 2 - The company emphasizes a data-oriented approach to analyze investment opportunities [1]

Group 1 - EverQuote, Inc. will report its second quarter financial results on August 4, 2025, after market close [1] - A conference call and webcast will be held at 4:30 p.m. ET to discuss financial results, recent developments, and business outlook [1] - The conference call can be accessed via US Toll Free and international numbers, with a specific Conference ID provided [1] Group 2 - EverQuote operates a leading online marketplace for insurance shopping, connecting consumers with insurance providers, including carriers and agents [2] - The company's vision is to be the leading growth partner for property and casualty (P&C) insurance providers [2] - EverQuote's marketplace is powered by proprietary data and technology, enhancing the way insurance providers attract and connect with consumers [2]

Core Insights - EverQuote, Inc. (EVER) has seen a year-to-date share price increase of 26.9%, outperforming its industry, the Finance sector, and the Zacks S&P 500 Composite, which increased by 3.8%, 8.7%, and 5.9% respectively [1] - The company has a market capitalization of $934.25 million and an average trading volume of 0.5 million shares over the last three months [1] Stock Performance - EverQuote shares closed at $25.36, trading above the 50-day and 200-day simple moving averages of $24.29 and $21.86, indicating strong upward momentum [4] - The average price target from six analysts is $34.17 per share, suggesting a potential upside of 37.28% from the last closing price [8] Financial Metrics - EverQuote's price-to-book value stands at 6.06X, significantly higher than the industry average of 1.48X, indicating that shares are trading at a premium [5] - The company has achieved an average earnings surprise of 122.6% over the last four quarters, consistently surpassing earnings estimates [11] Growth Projections - The Zacks Consensus Estimate projects a 34.1% year-over-year increase in earnings per share for 2025, with revenues expected to reach $644.08 million, reflecting a 28.7% year-over-year improvement [10] - For 2026, earnings per share and revenues are estimated to increase by 10.8% and 19.4% respectively from 2025 estimates [10] Return on Capital - EverQuote's return on equity (ROE) for the trailing 12 months is 35.4%, significantly higher than the industry average of 14.9%, showcasing efficient use of shareholders' funds [13] - The return on invested capital for the same period is 34.7%, compared to the industry average of 2%, indicating strong income generation efficiency [13] Strategic Initiatives - The company is expanding into new verticals and anticipates rising quote requests to drive sustained growth [7] - The acquisition of PolicyFuel has enhanced EverQuote's access to the digital insurance distribution market, contributing to its growth strategy [16] - EverQuote expects improved Variable Marketing Dollars (VMD) due to lower advertising costs and higher revenue per quote request in the auto insurance sector [17] Market Position - Despite challenges in the auto insurance market, EverQuote is well-positioned to benefit from a potential recovery in carrier demand [15] - The company continues to focus on innovation in advertiser products and services, which is expected to drive sustained revenue growth [15]

Company Overview - Evergold Corp. is a TSX-V listed mineral exploration company with projects in British Columbia and Nevada [3] - The company has a successful track record in the junior exploration space, including the establishment of GT Gold Corp. and the discovery of significant mineral deposits [3] Leadership Changes - Alvin W. Jackson has joined the board of directors, bringing extensive experience in mineral exploration and development [1] - Jackson has previously worked on major mineral deposits and founded EuroZinc Mining Corp., which grew to a market capitalization of over $1.8 billion before being acquired [1] Strategic Projects - Key projects for Evergold include the Golden Lion property in BC's Toodoggone region and the DEM porphyry prospect near Fort St. James, both of which are considered to have considerable merit [2] - The company aims to leverage these properties as a strong foundation for growth [2] Financial Performance - The establishment of GT Gold Corp. led to the discovery of the Saddle epithermal vein and porphyry copper-gold deposits, which were sold to Newmont for a fully diluted value of $456 million, representing a 1,136% return on exploration outlays of $36.9 million [3]

Core Viewpoint - Evergold Corp. has entered into a binding letter of intent to acquire a 100% ownership interest in four claim groups totaling 173 hectares within its Golden Lion property, subject to regulatory approvals and a share consolidation process [1][2]. Acquisition Details - The acquisition involves a staged payment of $80,000 worth of post-Consolidation Evergold Shares over two years, with specific issuance dates and conditions [1]. - Upon exercising the option, Evergold will grant a 2.5% net smelter returns royalty to the Optionor, with the possibility to buy back 1.5 percentage points for $1.5 million [1]. Historical Context - The acquired tenures include the Goat, Chuck, Copper King, and Claw prospects, known collectively as the 'Copper King' property, which has historical references to copper mineralization from drilling in 1975 and rock sampling in 1984 [3]. - Previous reports recommended delaying further exploration until higher metal prices were observed, and no significant exploration has occurred since [3]. Strategic Importance - The acquisition is seen as a strategic move to enhance exploration activities in the Toodoggone camp, particularly following recent discoveries in similar geological settings [4]. - The company plans to focus exploration efforts on the new claims and other target areas within the Golden Lion property [4]. Deferred Commitments - All staged cash payment and work commitments for the DEM property have been deferred for one year at no cost to the company, allowing for future exploration based on financing availability [5]. Company Background - Evergold Corp. is a mineral exploration company listed on TSX-V, with a successful track record in the junior exploration sector, including a notable past project that yielded a significant return on investment [8].