Hippo (HIPO) - 2025 Q1 - Quarterly Results

hippo ES 01 2025 LETTER TO SHAREHOLDERS Loss Ratios Higher YoY, driven by the LA wildfires Letter to Shareholders | 01 2025 hippo KEY HIGHLIGHTS FROM 01 Top-line Growth Continues Improving Operating Leverage Investments in operational efficiencies continued to pay . off as fixed expenses (S&M, T&D, and G&A) declined by $7m while revenue increased by $25m YoY, resulting in an 18pp decrease YoY in these costs as a percentage of revenue, from 48% of revenue in Q1'24 to 30% in Q1'25 Underlying improvement in pr ...