Stonegate Capital Partners Updates Coverage On GoHealth Inc. (GOCO) 2025 Q1

Core Insights - GoHealth Inc. (NASDAQ: GOCO) reported a strong performance in Q1 2025, with net revenues increasing by 19.1% year-over-year to $221.0 million, driven by a significant rise in submissions [1][7] - The company achieved an operating income of $6.7 million, a notable improvement from the previous year's loss, and Adj. EBITDA grew by 56.4% to $45.1 million, highlighting operational efficiencies [1][7] - GoHealth's growth is attributed to its leadership in the Medicare-focused digital health marketplace, supported by strategic investments in technology and operational excellence [1] Financial Performance - Q1 2025 net revenues reached $221.0 million, up from $185.6 million in the same period last year, reflecting a 19.1% increase [7] - The number of submissions in Q1 2025 was 303,026, representing a 40.2% increase compared to 216,148 submissions in Q1 2024 [7] - The company launched GoHealth Protect during the quarter, indicating a focus on innovation and market expansion [7]