CLARITEV CORPORATION C/WTS 08/10/2025(TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 231.33 M

Revenue: As of FY2025 Q1, the actual value is USD 231.33 M.

EPS: As of FY2025 Q1, the actual value is USD -4.38.

EBIT: As of FY2025 Q1, the actual value is USD 112.35 M.

Segment Revenue

• Network-Based Services: Revenue increased by $0.7 million, or 1.6%, to $46.9 million for the three months ended March 31, 2025, compared to $46.2 million for the same period in 2024.
• Analytics-Based Services: Revenue decreased by $6.7 million, or 4.2%, to $153.4 million for the three months ended March 31, 2025, compared to $160.1 million for the same period in 2024.
• Payment and Revenue Integrity Services: Revenue increased by $2.7 million, or 9.7%, to $31.0 million for the three months ended March 31, 2025, compared to $28.3 million for the same period in 2024.

Operational Metrics

• Operating Income: The company reported an operating income of $9.7 million for the three months ended March 31, 2025, compared to an operating loss of $486.4 million for the same period in 2024.
• Net Loss: The net loss was $71.3 million for the three months ended March 31, 2025, compared to a net loss of $539.7 million for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: The company reported net cash used in operating activities of $30.1 million for the three months ended March 31, 2025, compared to net cash provided by operating activities of $49.7 million for the same period in 2024.
• Net Cash Used in Investing Activities: The company reported net cash used in investing activities of $38.9 million for the three months ended March 31, 2025, compared to $30.5 million for the same period in 2024.
• Net Cash Provided by Financing Activities: The company reported net cash provided by financing activities of $73.2 million for the three months ended March 31, 2025, compared to net cash used in financing activities of $31.5 million for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue its focus on data-driven cost management solutions, aiming to enhance transparency and promote fairness in the U.S. healthcare industry. The company is also focused on expanding its service lines, including Analytics-Based Services and Payment and Revenue Integrity Services, to drive future growth.
• Non-Core Business: The company has entered into a partnership agreement with ECHO Health, Inc. to add payment processing of healthcare provider claims, which is expected to complement its existing service offerings.