Phreesia(US:PHR)2024-09-04 22:17Company Overview - Phreesia is a leading provider of comprehensive solutions that transform the healthcare experience by activating patients in their care[4] - The company empowers healthcare organizations to maximize efficiency, drive growth, and deliver great care with tools that transcend patient intake[4] - Phreesia serves more than 4,100 AHSCs (Average Healthcare Services Clients)[4,10] - The company facilitated over 150 million patient visits in Fiscal Year 2024[4] Financial Performance - Total revenue for the latest twelve months was $390 million[4] - The company experienced 22% total revenue growth in the latest 12 months[4] - Q2 Fiscal Year 2025 total revenue reached $102.1 million, a 19% year-over-year increase[21] - Adjusted EBITDA for Q2 Fiscal Year 2025 was $6.5 million[13,21] - The company processed over $4 billion in patient payments in the latest twelve months[4] Market Opportunity - Phreesia operates in a total addressable market (TAM) of approximately $10 billion[16] - The company estimates $95 billion addressable out-of-pocket spend in the United States[15] Future Outlook - The company projects FY2025 total revenue to be between $416 million and $426 million, representing a 17%-20% year-over-year growth[26] - Phreesia anticipates approximately 4,200 AHSCs by the end of FY2025[26] - The company expects approximately 4,500 AHSCs in FY2026[26]