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  "documentTitle": "Hagerty | Investor Presentation Deck | 18 slides",
  "authorId": "hagerty",
  "authorName": "Hagerty",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
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  "notes": "Includes both historical performance and forward-looking guidance.",
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      "text": "INCREASED 2023 OUTLOOK\nPivot to significantly improved profitability fueled by top-line momentum, cost containment & efficiency measures\nTotal Revenue growth of 23-27%\nWritten Premium growth of 13-15%\nNet Income (Loss) of $(12)-8 million\nAdjusted EBITDA (1) of $60-80 million",
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      "text": "Total Revenue growth of 28%\nWritten Premium growth of 17%\nImproved Profitability\nNet Income of $1 million compared to $10 million in the prior year period\nAdjusted EBITDA of $41 million compared to $10 million in the prior year period\nRaised $105 million in capital on June 23, 2023\n$80 million in convertible preferred equity and a $25 million commitment for Hagerty Re Limited",
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      "text": "The Company's outlook on the May 9, 2023 first quarter earnings call was for Total Revenue growth of 22-26%, Written Premium growth of 11-13%, Net Income of $(13)-7 million and Adjusted EBITDA of $55-75 million",
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      "text": "1 See Appendix for additional information regarding this non-GAAP financial measure.",
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      "text": "YTD Q2 2023 HIGHLIGHTS",
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