Trupanion (TRUP) – The Best Pet Economy Compounder Stock?
- Rupam Deb
- Aug 12, 2021
- 1 min read
Trupanion
Trupanion is a fast-growing pet medical insurance provider in North America, which has compounded its revenue at 39% in the past decade from 2010 to 2020.
With a high 98.7% monthly retention rate and strong moats, it is like a SaaS business with recurring revenue, that has positive free cash flows and has been reinvesting in its business at an IRR of 30%-40%.
Its many future growth plans will help it to continue to compound its growth, and generate healthy returns to investors, like other pet economy stocks like Zoetis (ZTS), Idexx Laboratories (IDEXX), and Freshpet (FRPT).
In the video below, we discuss the story of founding of Trupanion, the pet insurance market size & growth, Trupanion’s revenue growth & financials, the competitive advantages of Trupanion, the future growth levers, and the valuation of Trupanion.
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