Vericity (VERY) Revenue & Revenue Breakdown
Vericity Revenue Highlights
Latest Revenue (Y)
$177.56M
Latest Revenue (Q)
$45.49M
Main Segment (Y)
Insurance Segment
Vericity Revenue by Period
Vericity Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $177.56M | 8.33% |
| 2022-12-31 | $163.91M | -7.17% |
| 2021-12-31 | $176.58M | 19.45% |
| 2020-12-31 | $147.83M | 9.26% |
| 2019-12-31 | $135.30M | 9.13% |
| 2018-12-31 | $123.98M | 7.00% |
| 2017-12-31 | $115.87M | - |
Vericity generated $177.56M in revenue during NA 2023, up 8.33% compared to the previous quarter, and up 143.22% compared to the same period a year ago.
Vericity Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $45.49M | 2.13% |
| 2023-12-31 | $44.55M | 2.02% |
| 2023-09-30 | $43.66M | -2.29% |
| 2023-06-30 | $44.69M | 0.14% |
| 2023-03-31 | $44.62M | 6.31% |
| 2022-12-31 | $41.98M | 5.75% |
| 2022-09-30 | $39.69M | -7.11% |
| 2022-06-30 | $42.73M | 8.15% |
| 2022-03-31 | $39.51M | -18.43% |
| 2021-12-31 | $48.44M | 15.50% |
| 2021-09-30 | $41.94M | -4.62% |
| 2021-06-30 | $43.97M | 4.10% |
| 2021-03-31 | $42.24M | 10.20% |
| 2020-12-31 | $38.33M | 4.91% |
| 2020-09-30 | $36.53M | -0.33% |
| 2020-06-30 | $36.66M | 0.95% |
| 2020-03-31 | $36.31M | 15.51% |
| 2019-12-31 | $31.44M | -9.18% |
| 2019-09-30 | $34.62M | -3.99% |
| 2019-06-30 | $36.05M | 8.62% |
| 2019-03-31 | $33.19M | 8.29% |
| 2018-12-31 | $30.65M | -2.64% |
| 2018-09-30 | $31.48M | -1.67% |
| 2018-06-30 | $32.02M | 7.35% |
| 2018-03-31 | $29.82M | - |
Vericity generated $45.49M in revenue during Q1 2024, up 2.13% compared to the previous quarter, and up 108.38% compared to the same period a year ago.
Vericity Revenue Breakdown
Vericity Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Insurance Segment | $112.11M | $100.08M | $107.96M | $108.04M | $94.37M |
| Agency Segment | $65.86M | $47.95M | $52.77M | $48.38M | $45.62M |
| Corporate and Other | $-401.00K | $314.00K | $-715.00K | - | - |
| Corporate | - | - | - | $537.00K | $1.21M |
Vericity's latest annual revenue breakdown by segment (product or service), as of Dec 23: Insurance Segment (63.13%), Agency Segment (37.09%), and Corporate and Other (-0.23%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Insurance Segment | $26.69M | $28.56M | $26.76M | $28.21M | $28.58M | $31.04M | $27.44M | $30.72M | $26.44M | $36.64M | $28.04M | $30.15M | $29.70M | $30.74M | $28.30M | $31.19M | $30.51M | $24.96M | $28.04M | $29.47M |
| Corporate and Other | $56.00K | $80.00K | $79.00K | $-57.00K | $-503.00K | $-137.00K | $-383.00K | $144.00K | $692.00K | $351.00K | - | - | - | - | - | - | - | - | - | - |
| Agency Segment | $18.74M | $15.90M | $16.83M | $16.59M | $16.55M | $11.07M | $12.64M | $11.86M | $12.38M | $11.45M | $13.80M | $14.17M | $13.35M | $11.66M | $12.64M | $11.90M | $12.18M | $10.78M | $11.22M | $12.31M |
| Corporate And Other | - | - | - | - | - | - | - | - | - | - | $98.00K | $-352.00K | $-811.00K | - | - | - | - | - | - | - |
| Corporate | - | - | - | - | - | - | - | - | - | - | - | - | - | $270.00K | $45.00K | $53.00K | $168.00K | $561.00K | $476.00K | $92.00K |
Vericity's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Insurance Segment (58.68%), Agency Segment (41.20%), and Corporate and Other (0.12%).
Vericity Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agency Segment | $16.55M | $11.07M | $12.64M | $11.86M | $12.38M | $11.45M | $13.80M | $14.17M | $13.35M | $11.66M | $12.64M | $11.90M | $12.18M | $10.78M | $11.22M | $12.31M |
| Insurance Segment | $28.58M | $31.04M | $27.44M | $30.72M | $26.44M | $36.64M | $28.04M | $30.15M | $29.70M | $30.74M | $28.30M | $31.19M | $30.51M | $24.96M | $28.04M | $29.47M |
| Corporate and Other | $-503.00K | $-137.00K | $-383.00K | $144.00K | $692.00K | $351.00K | - | - | - | - | - | - | - | - | - | - |
| Corporate And Other | - | - | - | - | - | - | $98.00K | $-352.00K | $-811.00K | - | - | - | - | - | - | - |
| Corporate | - | - | - | - | - | - | - | - | - | $270.00K | $45.00K | $53.00K | $168.00K | $561.00K | $476.00K | $92.00K |
Vericity's latest quarterly revenue breakdown by geography, as of Mar 23: Insurance Segment (64.05%), Agency Segment (37.08%), and Corporate and Other (-1.13%).
VERY Revenue FAQ
What is Vericity’s yearly revenue?
Vericity's yearly revenue for 2023 was $177.56M, representing an increase of 8.33% compared to 2022. The company's yearly revenue for 2022 was $163.91M, representing a decrease of -7.17% compared to 2021. VERY's yearly revenue for 2021 was $176.58M, representing an increase of 19.45% compared to 2020.
What is Vericity’s quarterly revenue?
Vericity's quarterly revenue for Q1 2024 was $45.49M, a 2.13% increase from the previous quarter (Q4 2023), and a 1.95% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $44.54M, a 2.02% increase from the previous quarter (Q3 2023), and a 6.12% increase year-over-year (Q4 2022). VERY's quarterly revenue for Q3 2023 was $43.66M, a -2.29% decrease from the previous quarter (Q2 2023), and a 9.99% increase year-over-year (Q3 2022).
What is Vericity’s revenue growth rate?
Vericity's revenue growth rate for the last 3 years (2021-2023) was 0.56%, and for the last 5 years (2019-2023) was 31.24%.
What are Vericity’s revenue streams?
Vericity's revenue streams in c 23 are Insurance Segment, Agency Segment, and Corporate and Other. Insurance Segment generated $112.1M in revenue, accounting 63.13% of the company's total revenue, up 12.02% year-over-year. Agency Segment generated $65.86M in revenue, accounting 37.09% of the company's total revenue, up 37.34% year-over-year. Corporate and Other generated $-401K in revenue, accounting -0.23% of the company's total revenue, down -227.71% year-over-year.
What is Vericity’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Vericity was Insurance Segment. This segment made a revenue of $112.1M, representing 63.13% of the company's total revenue.