Below are the financial statements of Goosehead Insurance, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 54.28a | 41.96a |
Restricted cash | 3.69a | 2.09a |
Commissions and agency fees receivable, net | 31.38a | 12.9a |
Receivable from franchisees, net | 11.08a | 9.72a |
Prepaid expenses | 8.14a | 7.89a |
Total current assets | 108.56a | 74.56a |
Assets | — | — |
Receivable from franchisees, net of current portion | 3.47a | 9.27a |
Property and equipment, net of accumulated depreciation | 24.1a | 30.32a |
Right-of use asset | 37.42a | 38.41a |
Intangible assets, net of accumulated amortization | 25.08a | 17.27a |
Deferred income taxes, net | 193.48a | 181.21a |
Other assets | 5.55a | 3.87a |
Total assets | 397.65a | 354.89a |
Current liabilities | — | — |
Accounts payable and accrued expenses | 22.89a | 16.4a |
Premiums payable | 3.69a | 2.09a |
Lease liability | 6.54a | 8.9a |
Contract liabilities | 3.28a | 4.13a |
Note payable | 10.06a | 9.38a |
Total current liabilities | 46.46a | 40.89a |
Liabilities and stockholders' equity | — | — |
Lease liability, net of current portion | 54.54a | 57.38a |
Note payable, net of current portion | 82.25a | 67.56a |
Contract liabilities, net of current portion | 15.19a | 22.97a |
Liabilities under tax receivable agreement, net of current portion | 160.14a | 149.3a |
Total liabilities | 358.58a | 338.11a |
Class A common stock | 0.25a | 0.25a |
Class B common stock | 0.13a | 0.13a |
Additional paid-in capital | 58.92a | 73.41a |
Accumulated deficit | -15.4a | -45.83a |
Total stockholders' equity and members' deficit | 43.89a | 27.97a |
Noncontrolling interests | -4.81a | -11.18a |
Total equity | 39.08a | 16.79a |
Total liabilities and equity | 397.65a | 354.89a |
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