Revenue Growth - Total revenue increased by 17% year-over-year to $75.6 million for Q1 2025, up from $64.5 million in Q1 2024[113] - Core Revenue increased by 17% to $69.1 million in Q1 2025, compared to $58.8 million in Q1 2024[113] - Total Written Premiums rose by 22% to $1.0 billion in Q1 2025, up from $0.82 billion in Q1 2024[114] - Renewal Revenue grew 20% to $54.2 million for the three months ended March 31, 2025, from $45.0 million for the same period in 2024[155] - New Business Revenue grew 8% to $14.9 million for the three months ended March 31, 2025, from $13.8 million for the same period in 2024[152] Profitability - Net income increased by $0.8 million to $2.6 million, representing 4% of total revenues for Q1 2025[113] - Adjusted EBITDA grew by 32% to $15.5 million, accounting for 21% of total revenues in Q1 2025[113] - Net income for Q1 2025 was $2.646 million, up from $1.809 million in Q1 2024, representing a 46.2% increase[170] - Adjusted EBITDA for Q1 2025 was $15.520 million, compared to $11.727 million in Q1 2024, reflecting a 32.5% increase; Adjusted EBITDA margin improved to 21% from 18%[170] Expenses - Employee compensation and benefits expenses increased by $6.2 million, or 15%, to $48.3 million for the three months ended March 31, 2025, from $42.1 million for the same period in 2024[134] - Revenue from Initial Franchise Fees decreased by $0.9 million, or 40%, to $1.3 million for the three months ended March 31, 2025, from $2.2 million for the same period in 2024[132] - Interest income decreased by $0.1 million, or 24%, to $0.2 million for the three months ended March 31, 2025, from $0.3 million for the same period in 2024[133] Operational Metrics - Policies in Force increased by 13% to 1,729,000 as of March 31, 2025, compared to the previous year[113] - Corporate sales headcount increased by 46% to 426 as of March 31, 2025, compared to the previous year[113] - Total operating franchises decreased by 5% to 1,098 as of March 31, 2025, from 1,155 in the previous year[113] Cash Flow and Financing - Cash and cash equivalents as of March 31, 2025, totaled $70.2 million, an increase from $57.973 million at the beginning of the period[173] - Net cash provided by operating activities rose to $15.484 million in Q1 2025, up from $12.067 million in Q1 2024, marking a 28.5% increase[175] - The company utilized $3.313 million for investing activities in Q1 2025, compared to $2.882 million in Q1 2024, indicating a 14.9% increase[177] - Financing activities generated $2.427 million in Q1 2025, a significant turnaround from a net cash used of $0.115 million in Q1 2024[178] - The company entered into a new credit agreement on January 8, 2025, for $300 million in term loans and a $75 million revolving credit facility[179] Shareholder Actions - A new share repurchase program was approved on April 23, 2025, allowing for the purchase of up to $100 million of Class A common stock through May 1, 2026[190] Accounting and Risk - No significant changes to critical accounting policies since the Annual Report for the fiscal year ended December 31, 2024[192] - No material changes to exposure to market risks as described in the Annual Report for the fiscal year ended December 31, 2024[194]

Core Financial Performance - Goosehead Insurance reported revenue of $75.58 million for the quarter ended March 2025, reflecting a year-over-year increase of 17.3% [1] - The earnings per share (EPS) for the quarter was $0.26, a decrease from $0.28 in the same quarter last year [1] - The reported revenue fell short of the Zacks Consensus Estimate of $78.25 million, resulting in a surprise of -3.41% [1] - The company achieved an EPS surprise of +13.04%, with the consensus EPS estimate being $0.23 [1] Key Metrics Analysis - Total Core Revenue was reported at $69.12 million, compared to the average estimate of $72.56 million, marking a year-over-year change of +17.5% [4] - Core Revenue from Renewal Commissions was $16.95 million, below the estimated $18.39 million, but showed a +6.2% change year-over-year [4] - Core Revenue from Renewal Royalty Fees was $37.24 million, slightly above the estimate of $37.10 million, with a year-over-year increase of +28.2% [4] - Total Ancillary Revenue reached $4.93 million, exceeding the average estimate of $3.95 million, representing a significant year-over-year increase of +57.8% [4] Stock Performance - Goosehead's shares have returned -14.9% over the past month, compared to a -6.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Goosehead Insurance (GSHD) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this insurance company would post earnings of $0.41 per share when it actually produced earnings of $0.79, delivering a surprise of 92.68%.Over the last four quarters ...

Financial Performance - Total revenue for Q1 2025 was $75.6 million, a 17% increase compared to Q1 2024[4] - Core revenue for Q1 2025 was $69.1 million, also up 17% from $58.8 million in the prior-year period[6] - Net income for Q1 2025 was $2.6 million, compared to $1.8 million in the prior-year period, representing a 46% increase[4] - Adjusted EBITDA for Q1 2025 was $15.5 million, up from $11.7 million in the prior-year period, marking a 32% increase[4] - Adjusted EBITDA margin expanded by 300 basis points to 21% in Q1 2025[3] - Total revenues for 2025 are projected to be between $350 million and $385 million, indicating growth of 11% to 22%[12] - Total revenues for the three months ended March 31, 2025, were $75,583,000, an increase of 17.3% compared to $64,460,000 for the same period in 2024[28] - Core revenue reached $69,120,000, up 17.4% from $58,839,000 year-over-year, driven by increases in renewal commissions and royalty fees[28] - Adjusted EBITDA for Q1 2025 was $15,520,000, representing a 32.5% increase from $11,727,000 in Q1 2024, with an adjusted EBITDA margin of 21% compared to 18%[30][31] - Net income for the first quarter of 2025 was $2,646,000, a 46.2% increase from $1,809,000 in Q1 2024, resulting in a net income margin of 4%[30][31] Premiums and Policies - Total written premiums increased by 22% to $1.0 billion in Q1 2025[4] - For full year 2025, total written premiums are expected to be between $4.65 billion and $4.88 billion, representing growth of 22% to 28%[12] - Policies in force increased by 13% to approximately 1,729,000 compared to the prior-year period[4] - Policies in force reached 1,729,000 in Q1 2025, up from 1,528,000 in Q1 2024, marking a 13.1% increase[34] - QTD written premium for Q1 2025 was $1,000,231,000, compared to $818,785,000 in Q1 2024, showing a growth of 22.1%[34] Assets and Liabilities - Total current assets as of March 31, 2025, were $115,403,000, compared to $108,564,000 at the end of 2024, reflecting a growth of 6.9%[22] - Total liabilities increased significantly to $558,071,000 as of March 31, 2025, compared to $358,577,000 at the end of 2024, indicating a rise of 55.6%[22] - Cash and cash equivalents increased to $70,208,000, up from $54,280,000, marking a growth of 29.3%[22] - The company’s accumulated deficit grew to $(158,845,000) as of March 31, 2025, compared to $(15,401,000) at the end of 2024[22] Shareholder Actions - The company announced a new $100 million share repurchase authorization through May 1, 2026[11] Employee and Franchise Metrics - Employee compensation and benefits, excluding equity-based compensation, increased to $42,098,000, up 21% from $34,773,000 in the prior year[28] - Total franchise producers increased to 2,097 in Q1 2025 from 1,963 in Q1 2024, representing a growth of 6.8%[34] - Corporate agent productivity for agents with less than 1 year tenure increased to $14,960 in Q1 2025 from $12,787 in Q1 2024, a rise of 17.1%[34] - Operating franchises with more than 1 year tenure slightly decreased to 998 in Q1 2025 from 1,022 in Q1 2024, a decline of 2.4%[34] Customer Metrics - Client retention remained stable at 84% for both Q1 2025 and Q1 2024[34] - Premium retention was 98% for both Q1 2025 and Q1 2024, indicating consistent performance[34] - Net Promoter Score (NPS) decreased to 87 in Q1 2025 from 91 in Q1 2024, reflecting a decline of 4.4%[34] Earnings Per Share - Basic earnings per share (GAAP) for Q1 2025 was $0.09, compared to $0.07 in Q1 2024, reflecting a 28.6% increase[32] - Adjusted EPS (non-GAAP) for Q1 2025 was $0.26, down from $0.28 in Q1 2024, indicating a decrease of 7.1%[32] Other Financial Metrics - The company reported a decrease in initial franchise fees, which fell to $1,342,000 from $2,245,000 year-over-year[28]

Core Insights - Goosehead Insurance reported a strong first quarter for 2025, with premium growth of 22% and total revenue increasing by 17% to $75.6 million compared to the same period in 2024 [3][4][5] - The company achieved a net income of $2.6 million, a 46% increase from $1.8 million in the prior year, with an adjusted EBITDA of $15.5 million, up 32% from $11.7 million [5][7][21] - Goosehead continues to expand its market presence, currently placing approximately $4 billion in annual premium, representing less than 1% of the over $500 billion U.S. personal lines market [3][4] Financial Performance - Total revenues for Q1 2025 were $75.6 million, a 17% increase from $64.5 million in Q1 2024, while core revenues also grew by 17% to $69.1 million [4][5][20] - The net income margin for the quarter was 4%, with earnings per share (EPS) increasing to $0.09 from $0.07 in the prior year [5][7][21] - Adjusted EBITDA margin expanded by 300 basis points to 21% compared to the previous year [3][5][7] Operational Highlights - Total written premiums increased by 22% to $1.0 billion, with policies in force rising by 13% to approximately 1,729,000 [5][36] - The company invested significantly in its production force, service functions, technology initiatives, and AI-driven tools to enhance the personal lines experience [3][4] - The corporate agent headcount grew by 46% to 426 compared to the prior year, and total franchise producers increased by 7% to 2,097 [5][36] Share Repurchase Program - Goosehead announced a new share repurchase authorization of up to $100 million for Class A common stock, effective through May 1, 2026 [10][5] 2025 Outlook - The company reiterated its guidance for full-year 2025, expecting total written premiums to be between $4.65 billion and $4.88 billion, representing growth of 22% to 28% [14]

Core Insights - Goosehead Insurance has appointed Bill Wade to its Board of Directors, bringing over 25 years of experience in leveraging emerging technologies, particularly AI, for innovation and growth [1][2][3] Company Overview - Goosehead Insurance is a rapidly growing independent personal lines insurance agency, founded in 2003, that focuses on technology and human capital to provide extraordinary value and service [5] - The company represents over 200 insurance companies that underwrite personal and commercial lines [5] Leadership and Strategy - Bill Wade's expertise in AI and digital transformation is expected to enhance Goosehead's technology-driven expansion and client experience [2][3][4] - The company aims to secure its position as the top distributor of personal lines insurance in the U.S. through aggressive investment in technology [3] Innovation and Technology - Wade's appointment is seen as pivotal for transforming the insurance industry through bold innovation and advanced technology solutions [3][4] - Goosehead's commitment to AI and tech solutions is viewed as a unique opportunity to redefine scalability and client value in the insurance sector [4]

Core Viewpoint - Goosehead Insurance, Inc. will report its first quarter 2025 results on April 23, 2025, after market close [1] Group 1: Earnings Announcement - The company will hold a conference call to discuss the results at 4:30 PM ET on April 23, 2025 [2] - Participants can access the call via a registration link and a live webcast will be available on Goosehead's investor relations website [2] Group 2: Company Overview - Goosehead is a rapidly growing independent personal lines insurance agency operating through corporate and franchise locations across the United States [3] - The company focuses on providing extraordinary value by offering a broad product choice and a world-class service experience [3] - Goosehead represents over 150 insurance companies that underwrite personal and commercial lines [3]

Core Viewpoint - Goosehead Insurance (GSHD) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][2]. Earnings Performance - Goosehead has a solid track record of surpassing earnings estimates, with an average surprise of 50.69% over the last two quarters [2]. - In the most recent quarter, the company reported earnings of $0.79 per share, exceeding the expected $0.41 per share, resulting in a surprise of 92.68% [2]. - For the previous quarter, Goosehead's actual earnings were $0.50 per share against an estimate of $0.46 per share, leading to a surprise of 8.70% [2]. Earnings Estimates and Predictions - There has been a favorable adjustment in earnings estimates for Goosehead, indicated by a positive Zacks Earnings ESP (Expected Surprise Prediction) [5]. - The current Earnings ESP for Goosehead is +4.35%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]. - A positive Earnings ESP combined with a solid Zacks Rank indicates a higher likelihood of an earnings beat [8]. - It is crucial for investors to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [10].

Core Viewpoint - The comparison between Axa Sa (AXAHY) and Goosehead Insurance (GSHD) indicates that AXAHY currently offers better value for investors based on various financial metrics and analyst outlooks [1][3][7]. Valuation Metrics - Axa Sa has a forward P/E ratio of 9.64, significantly lower than Goosehead Insurance's forward P/E of 64.24 [5]. - The PEG ratio for Axa Sa is 1.62, while Goosehead Insurance has a PEG ratio of 4.58, suggesting that AXAHY is more reasonably priced relative to its expected earnings growth [5]. - Axa Sa's P/B ratio stands at 1.85, in stark contrast to Goosehead Insurance's P/B ratio of 115.34, indicating a more favorable valuation for AXAHY [6]. Analyst Outlook - Axa Sa holds a Zacks Rank of 2 (Buy), reflecting a positive earnings estimate revision trend, while Goosehead Insurance has a Zacks Rank of 3 (Hold), indicating a less favorable outlook [3][7]. - The improving earnings outlook for Axa Sa positions it as a superior value option compared to Goosehead Insurance [7]. Value Grades - Based on the discussed metrics, Axa Sa has a Value grade of B, whereas Goosehead Insurance has a Value grade of F, further supporting the argument for AXAHY as the better investment choice [6].

Core Viewpoint - Investors are evaluating Axa Sa (AXAHY) and Goosehead Insurance (GSHD) to determine which stock represents a better undervalued investment opportunity [1] Valuation Metrics - Axa Sa has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Goosehead Insurance has a Zacks Rank of 3 (Hold) [3] - Axa Sa's forward P/E ratio is 9.57, significantly lower than Goosehead Insurance's forward P/E of 60.84 [5] - Axa Sa has a PEG ratio of 1.61, compared to Goosehead Insurance's PEG ratio of 4.34, suggesting Axa Sa is more reasonably priced relative to its expected earnings growth [5] - Axa Sa's P/B ratio is 1.84, while Goosehead Insurance's P/B ratio is exceptionally high at 108.72, indicating a substantial difference in valuation [6] - Axa Sa has a Value grade of B, whereas Goosehead Insurance has a Value grade of F, reflecting Axa Sa's more attractive valuation metrics [6] Conclusion - Axa Sa shows stronger estimate revision activity and more favorable valuation metrics than Goosehead Insurance, making it the preferred choice for value investors at this time [7]