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We are democratizing access with our innovative care delivery platform that includes mobile health services, virtual care management and ambulance services. Our goal is to deliver healthcare at any address and help reshape the traditional healthcare system, driven by our mission to bring high quality, highly accessible care to all.
The business is unprofitable at the operating level (-55.26% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 47.7% YoY. Margins deteriorated 59.9pp alongside, both lines moving the wrong way.
Free cash flow declined 55% versus the prior year, cash generation momentum has weakened. ROIC dropped from 6.76% to -53.95%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$302M
▼ -47.7% YoY
Net Income (TTM)
-$188M
▼ -1012.4% YoY
Op. Margin
-60.57%
▼ -59.9pp YoY
ROIC
-60.04%
▼ -60.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$17M
▼ -55.0% YoY
Op. Cash Flow (TTM)
$21M
▼ -50.9% YoY
Net Debt
-$7M
Net Cash Position
Cash & Equiv.
$36M
5Y CAGR: +27.9%
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