secwatch.observer — SEC 8-K summary
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Issuer:     Alignment Healthcare, Inc. (ALHC)
CIK:        0001832466
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001171843-24-001014
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alignment Healthcare reports Q4 2023 revenue $465M, up 28.6% YoY; guides FY2024 EBITDA breakeven at midpoint
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- Total revenue $1.82B for FY2023, up 27.2% YoY; health plan members 119,200 at year end, up 21.1% YoY.
- Q4 adjusted gross profit $49.2M, medical benefits ratio 89.4%; adjusted EBITDA -$19.7M, net loss -$47.2M.
- FY2024 guidance: revenue $2.38-2.41B, health plan members 162k-164k (up ~37% YoY), adjusted EBITDA range -$15M to $15M.
- Cash $202.9M, debt $165.0M as of Dec 31, 2023.
- Full-year 2023 adjusted gross profit $208.8M, adjusted EBITDA -$35.3M, net loss -$148.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832466/000117184324001014/0001171843-24-001014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832466/000117184324001014/f8k_022724.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-001014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer