earnings
confidence high
sentiment negative
materiality 0.75
Ontrak Q1 revenue down 25% YoY to $2M; operating loss widens 37%; gets $10M financing
Ontrak, Inc.
2025-Q1 EPS reported
-$1.65
revenue$2,017,000
- Revenue $2.0M, down 25% vs Q1 2024; net loss $(6.9)M or $(1.65) diluted EPS after preferred dividends.
- Operating loss $(5.9)M, a 37% increase from $(4.3)M year ago; Adjusted EBITDA $(4.3)M vs $(3.4)M.
- Secured $10.0M financing commitment from Acuitas Capital LLC to support growth.
- CEO reports program membership nearly doubled YoY; expects to double run-rate revenue in 2025.
- NCQA recertified as Credentials Verification Organization (CVO) – operational milestone.
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