other_material
confidence high
sentiment neutral
materiality 0.60
FOXO CEO year-end review: revenue >$15M expected, Myrtle occupancy 93%, debt reduced
FOXO TECHNOLOGIES INC.
- Myrtle Recovery Centers avg daily census 28 (93% occupancy) vs 7.4 (25%) in 2024; projected 550 admissions vs 195.
- Net revenues approx $12M for 9 months ended Sep 30, 2025; expects >$15M for full year 2025.
- Equity increased from $5.3M (Dec 2024) to $20.2M (Sep 2025); debt reduced from $10.2M to $7.1M.
- Acquired Vector BioSource; expects ~$1M net revenues in 2025; formed FOXO Acquisition Corp for future deals.
- Common stock lost NYSE American listing in Q3 2025 due to share price; evaluating uplisting options for 2026.
item 7.01item 9.01