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Ontrak, Inc. ( Ontrak, Company, we, us or our ) was incorporated in the State of Delaware on September 29, 2003. Ontrak was founded with a passion for engaging with and transforming health outcomes for anyone impacted by behavioral health conditions through our Wholehealth+ and accompanying suite of solutions.
The business is unprofitable at the operating level (-164.02% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 14.9% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$14M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$10M
▼ -14.9% YoY
Net Income (TTM)
-$28M
▲ +8.7% YoY
Op. Margin
-190.19%
▲ +1.8pp YoY
ROIC
-82.11%
▲ +19.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$13M
▲ +13.8% YoY
Op. Cash Flow (TTM)
-$13M
▲ +13.3% YoY
Net Debt
$6M
Cash & Equiv.
$4M
5Y CAGR: -20.9%
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