secwatch.observer — SEC 8-K summary
======================================

Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001428336-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity FY2024 revenue $999.6M (+16%), net income $55.7M vs loss; Q4 beat; guides FY2025 rev ~$1.15B
--------------------------------------------------------------------------------

- FY 2024 revenue $999.6M (+16% YoY); net income $55.7M vs loss $26.1M; GAAP EPS $0.64 vs -$0.31.
- Q4 revenue $262.4M (+12%); net income $26.4M vs loss; adj EBITDA $98.8M (+34%, margin 38%).
- HSA accounts 8.7M (+9%), assets $25.2B (+14%); total accounts 15.7M.
- Acquired first BenefitWallet tranche: 266k HSAs, $1.1B assets for $163.9M cash; $425M total deal.
- FY 2025 guidance: rev $1.14-1.16B; adj EBITDA $438-458M; non-GAAP EPS $2.79-2.96.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000009/0001428336-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000009/hqy-20240319.htm
  HTML page:      https://secwatch.observer/filing/0001428336-24-000009

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