EverQuote, Inc. (NASDAQ:EVER) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The US$899m market-cap company posted a loss in its most recent financial year of US$51m and a latest trailing-twelve-month loss of US$47m shrinking the gap between loss and breakeven. The most pressing concern for investors is EverQuote’s path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company’s growth and when analysts expect it to become profitable.
Check out our latest analysis for EverQuote
EverQuote is bordering on breakeven, according to the 9 American Interactive Media and Services analysts. They expect the company to post a final loss in 2023, before turning a profit of US$1.3m in 2024. Therefore, the company is…
