The combined entity supports healthcare organizations nationwide with an aggregate Net Patient Revenue of more than $300B and brings together best-in-class billing compliance and revenue integrity solutions to empower health systems with actionable foresight and end-to-end visibility. MDaudit to acquire all outstanding shares of Streamline stock for $5.34 per share in cash, a premium of 138% to Streamline’s closing price on May 28, 2025. Boston, Mass. and Atlanta, Ga., May 29, 2025 (GLOBE NEWSWIRE) -- MDau ...

Streamline Health Solutions (STRM) Q4 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Jacob Goldberger - VP - FinanceBen Stilwill - President & CEOBryant Reeves - Chief Financial OfficerNeil Cataldi - Principal Operator As a reminder, this conference is being recorded. It is now my pleasure to introduce Jacob Goldberger, Vice President of Finance. Thank you. You may begin. Jacob Goldberger Thank you for joining us for the corporate update and financial results review of Streamline Health So ...

Streamline Health Solutions (STRM) Q4 2025 Earnings Call May 02, 2025 09:00 AM ET Speaker0 As a reminder, this conference is being recorded. It is now my pleasure to introduce Jacob Goldberger, Vice President of Finance. Thank you. You may begin. Speaker1 Thank you for joining us for the corporate update and financial results review of Streamline Health Solutions for the twelve and three months ended 01/31/2025. As the conference call operator indicated, my name is Jacob Goldberger. Joining me on the call t ...

Core Viewpoint - Streamline Health Solutions, Inc. reported a decline in revenue for the fourth quarter and fiscal year 2024, primarily due to SaaS non-renewals and lower revenue from legacy contracts, while emphasizing a focus on innovation and client engagement to drive future growth [1][3][4]. Financial Performance - Total revenue for Q4 2024 was $4.7 million, down from $5.4 million in Q4 2023. For the fiscal year, revenue totaled $17.9 million compared to $22.6 million in the previous year [3]. - SaaS revenue for Q4 2024 was $3.1 million, representing 66% of total revenue, compared to $3.4 million (64%) in Q4 2023. For the fiscal year, SaaS revenue was $11.8 million (66%) versus $14.1 million (62%) in fiscal 2023 [4]. - The net loss for Q4 2024 was ($2.1 million), compared to a net loss of ($1.4 million) in Q4 2023. The total net loss for fiscal 2024 was ($10.2 million), an improvement from ($18.7 million) in fiscal 2023 [5]. Cash Position and Liabilities - Cash and cash equivalents as of January 31, 2025, were $2.2 million, down from $3.2 million a year earlier. The company had an outstanding balance of $1.0 million on its revolving credit facility [6]. - Total liabilities increased to $23.3 million as of January 31, 2025, compared to $22.9 million in the previous year [23]. Adjusted EBITDA - Adjusted EBITDA for Q4 2024 was $35,000, down from $0.4 million in Q4 2023. For the fiscal year, adjusted EBITDA was a loss of ($1.3 million), slightly improved from a loss of ($1.4 million) in fiscal 2023 [7][28]. Booked SaaS Annual Contract Value (ACV) - As of January 31, 2025, the total Booked SaaS ACV was $14.0 million, down from $15.0 million a year earlier, largely due to client non-renewals, but offset by $3.5 million in new bookings during fiscal 2025 [8][9]. Future Outlook - The company expects to achieve an adjusted EBITDA positive run rate during the first half of fiscal 2025, although specific guidance on timing for bookings has not been provided due to unpredictability [11].