Doma issues 17 million shares alongside mixed Q4 2021 results
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Doma issues 17 million shares alongside mixed Q4 2021 results

Farhin Lilywala
February 17, 2022
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InsurTech Doma announced today that it plans to issue up to around 17 million shares of common stock, after reporting that its top line grew in Q4 2021 by 17% to $138mn, while adjusted Ebitda fell to negative $36mn from negative $3mn in Q4 2020.

In the earnings report, the company disclosed an adjusted gross profit decline of 9% to $25mn compared with Q4 2020.

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Farhin Lilywala
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