SelectQuote Q1: revenue up 29% to $159.9M, net loss $45.4M; secured $200M debt facility

SelectQuote, Inc.

2022-Q1 EPS reported -$0.28 revenue$159,923,000

Revenue $159.9M, +29% YoY; net loss $45.4M vs $0.8M net income YoY.
Adjusted EBITDA -$44.0M vs +$12.1M prior year; Senior segment adj EBITDA -$33.0M.
Medicare Advantage approved policies up 98% YoY; Senior segment revenue +45% to $106.3M.
Secured $200M delayed draw term loan facility and $25M revolver increase.
Life revenue +16% to $49.8M; Auto & Home revenue -22% to $7.5M.

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