HealthEquity(US:HQY)2021-12-10 23:57Company Overview - HealthEquity has 13.3 million total accounts[7], 6.2 million HSA members[7], and $16.4 billion in HSA assets[7] - The company serves approximately 100,000 employer clients[7] - HealthEquity has established a network of 174 partners and 15,000 integrations[7] Growth Strategies - The company aims to win new network partners and clients, leveraging advisors, brokers, and health plan partners[9] - HealthEquity intends to increase cross-sell uptake by offering multiple account types, including HSA, FSA, HRA, Commuter, and COBRA[12] - The company focuses on data-driven, personalized engagement to increase HSA uptake, noting that only 21% of those with commercial health insurance have HSA-qualified plans[13] - M&A initiatives are part of the growth strategy, focusing on custodial consolidation and additional solutions[20] Financial Performance - HealthEquity's 5-year revenue CAGR is 42%[23], and the 5-year Adjusted EBITDA CAGR is 43%[23] - Q3FY22 HSA assets reached $16.428 billion[24], a $4.0 billion net increase year-over-year, representing 32% total growth[25] - The company's revenue for Q3FY22 was $180.0 million[25], with 0% growth year-over-year[25]