Phreesia(US:PHR)2020-09-09 13:09Company Overview - Phreesia serves approximately 1,600 healthcare provider organizations [8,36] - The company processed $1.9 billion in patient payments in FY20 [8] - Phreesia generated $125 million in revenue in FY20, representing a 25% year-over-year growth [8,9] Market Opportunity - The total addressable market (TAM) is estimated to be around $7 billion [9,34] - The subscription-based revenue opportunity is $4.3 billion, targeting approximately 890,000 addressable providers in the United States [34] - The consumer-related transaction and payment processing fees represent a $91 billion addressable out-of-pocket market in the United States [34] - The life sciences market presents a $750 million opportunity based on DTC point-of-care marketing spend [34] Financial Performance - Subscription and related services accounted for 45% of FY20 revenue [52] - Payment processing fees contributed 37% to FY20 revenue [52] - Life Sciences revenue made up 18% of FY20 revenue [52]