SK Invests

Dear @daschreiber @shai_wininger @tebixby high time to infuse some confidence please. People who closely follow $LMND know that stock price is way undervalued, market needs some confidence.

Is it AI or is it BS?😂 On Pet Insurance; "Last year... we out- grew the industry 3-1 ... we grew at 55%... & our loss ratios were better." D.Schreiber @Lemonade_Inc CEO $LMND

This kind of dedication from @shai_wininger makes me a high conviction long term investor $LMND though stock price frustrates me at times.

Interesting quote from @daschreiber 's interview at Piper Sandler's conference today. $LMND "Consumers move more and more to LLMs in order to recommend their insurance or even send their agents to buy the policy for them, we're just fine with that. If you now ask your LLM of choice about pet insurance or renters insurance or car insurance, Lemonade will be over-indexed quite significantly. The reason for that is that consumer set, going back to things we said earlier, we tend to be a cost leader because we use technology to get to the best cost." Being a cost leader is going to become even more important as more customers rely on agents and LLMs to make their insurance purchase decisions, and LMND appears to have a clear advantage in terms of cost and a seamless online interface. I expect we will hear a lot more about this at investor day.

🚨 Tesla owners in Indiana can now get up to 50% off car insurance when driving with FSD (Supervised) through Lemonade’s new Autonomous Car insurance program. The more miles driven on FSD, the bigger the discount. Lemonade says FSD is twice as safe, and rates could drop even further as future versions improve. For now, the program is available to HW4 Tesla owners, with more states expected to follow. $TSLA $LMND

What the hell… used some margin, added some shares and bought some June and July calls. One can call it revenge trade… but $LMND fall lately isn’t justifiable, worth taking risk.

🤯nothing is helping us; autonomous car expansion news, @daschreiber interview confirming that we are on course, still $LMND 10% down. When market hit all time highs we go down 2-3%, when market goes down by 1% we go down 10%. Same trend all year. What’s going on Lemonapes? 💔

$LMND expanded its autonomous car insurance product to $TSLA owners in Indiana offering up to 50% off miles driven using FSD Supervised. The product uses Tesla driving data to price autonomous miles differently from manually driven miles.

50% off on insurance every mile driven with FSD. $TSLA $LMND telematics integration is doing wonders. @elonmusk please spread the word to help your customers save on their insurance.

The person who built the foundational architecture for real-time AI world models just joined $RBLX. Xun Huang’s research (Self Forcing, AR-DiT) is what makes generative video interactive instead of pre-rendered. Two open-source world models were built on it within two months of release. Roblox already had the distribution: 150M+ daily users, a creation pipeline, a named “real-time dreaming” research program Baszucki demoed in February. What it didn’t have was the research talent at the frontier of the one unsolved problem - real-time, not offline. Now it has both under one roof. The labs with the world-model tech have no users. The platforms with users have been buying the tech. Roblox is the rare case assembling both. Still priced like a game company.

Hopefully @elonmusk will spread the word to save some money for his @Tesla customers switching insurance to @Lemonade_Inc. Time to expand autonomous car to all states $LMND

Nice, @Lemonade_Inc is accelerating at full speed. Last week, expanded renters almost one state per day… it’s now autonomous car time. Hopefully in coming weeks, car in new states. Time to push the gas pedal harder. $LMND

@PaperBagInvest @Lemonade_Inc is ready to take on big players, rapid IFP growth is coming in coming quarters. $LMND

@en_aviv @LindNdergaard Per their sandbagged guide it’s Q4… but my wishful thinking says it’s Q3, it’s quite possible; weather experts predicting below average hurricane season, car LR is getting better and better, it’s best products pet and renters still growing rapidly. $LMND

@SK_Invests007 @LindNdergaard Q4 It's not your opinion it's what they guided (and likely will beat or make it in that Q). After "profitability" bar is reached, it will take ~2/3 years to 10X. Similar moves with TSLA, for example.

Extremely FRUSTRATING!! Not sure, what would help $LMND stock price? To go down it's part of everything (Insuretech, Fintech, SaaS, AI, growth/risky stock, etc), sadly, it doesn't go up when all those sectors go up. Sandbagged guides offsets the excellent ERs. I'm kind of lost🙁.

@LindNdergaard In my opinion $LMND will become profitable in Q4 if not in Q3, once it becomes profitable all shorts/manipulators will mostly be vanished, price will shoot up high. I don’t see a reason for substantial market decline this year if war ends in coming weeks. It’s my take, NFA!!

@SK_Invests007 What would happen to $LMND if we see a substantial decline in the market? Before they are profitable?

@vander_lane @Lemonade_Inc is an excellent company but $LMND hasn’t been up to the mark. We go down when any sector goes down and we don’t go up when those sectors go to moon. Im a high conviction very long term investor in $LMND but it makes me feel sick at times.

It's quite tough to see literally everything moon, while $LMND goes sideways. Looking forward for some bullish new content ! 😅🤣

@vikianush I have been in it for about 5 years… kept buying from above $100 to 15 and then back up to $85. At times feel really bad that I didn’t sell when it hit $100 in January.

@SK_Invests007 Just don’t be over leveraged, and if you have built your conviction - understand that it takes time for the price to catch ip with the company progress.

$LMND 🍋🍋🍋 Lemonade's adjusted EBITDA loss in Q1 2026 was $17.1 million. The Q4 2026 target is ~zero. That gap needs to close in three quarters. The math is not complicated. Gross profit in Q1 was $100 million, up from $38 million in Q1 2025. Operating expenses ran at roughly $117 million. The gap between gross profit and expenses is narrowing because gross profit is growing faster than costs. In Q1 2025, gross profit was $38 million and adjusted EBITDA loss was $47 million. In Q1 2026, gross profit was $100 million and adjusted EBITDA loss was $17 million. That is a $30 million improvement in EBITDA on a $62 million improvement in gross profit. Management is retaining roughly 48 cents of every incremental gross profit dollar after operating expenses. For Q4 to reach breakeven, gross profit needs to grow by roughly $35 to $40 million from Q1 levels, assuming operating expenses hold approximately flat. That is achievable if IFP continues growing at current rates and the gross loss ratio holds near 62%. The risk is that the loss ratio reverses. Q1 2026 benefited from benign catastrophe conditions. A single significant weather event in Q3 can move the ratio meaningfully in a quarter. Q3 is hurricane season. The setup becomes interesting if Q2 confirms the loss ratio improvement is structural rather than seasonal. That answer is approximately seven weeks away. ~Tune

$PLTR