Company Overview - HealthEquity has 13.1 million total accounts, 6.0 million HSA members, and $15.5 billion in HSA assets as of July 31, 2021[7] - The company serves approximately 100,000 employer clients and has 174 network partners[7,9] - HealthEquity estimates a market-wide revenue opportunity in the range of $8-10 billion[8] Growth Strategies - The company aims to win new network partners and clients, with approximately 35% of retirement plan partners managing defined contribution plan assets[8,9] - HealthEquity intends to increase cross-sell uptake and balance growth through engagement platforms and connected 401(k) offerings[8,12] - M&A initiatives are a key part of HealthEquity's strategy, focusing on custodial consolidation and additional solutions[8,20] Financial Performance - HealthEquity reported $15471 million in total HSA assets for Q2FY22[25] - The company's Q2FY22 revenue grew by 7% year-over-year, with a 9% increase in Adjusted EBITDA[27] - HealthEquity's cash, cash equivalents, and marketable securities totaled $754 million as of July 31, 2021[28] Future Outlook - HealthEquity projects revenue between $755 million and $765 million for the fiscal year ending January 31, 2022[30] - The company anticipates Adjusted EBITDA between $241 million and $247 million and Non-GAAP EPS between $1.45 and $1.50 for the same period[30]
HealthEquity (HQY) Investor Presentation