{"schema_version":"secwatch.filing_event.v1","accession":"0001794783-22-000063","form_type":"8-K","ticker":"SLQT","cik":"0001794783","company_name":"SelectQuote, Inc.","filed_at":"2022-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.059396+00:00","generated_at":"2026-06-23T20:22:42.420405+00:00","sec_items":["1.01","2.02","2.03","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"SelectQuote reports Q4 net loss of $104.7M on $139.4M revenue; cuts revolver by $35M, issues weak FY2023 guidance","bullets":["Q4 FY2022 revenue $139.4M (down 25% YoY), net loss $104.7M vs prior year net income $0.8M, adjusted EBITDA -$60.8M.","Includes $48.3M cohort/tail adjustment; ex-adjustment revenue $187.7M, adjusted EBITDA -$12.5M.","FY2023 guidance: revenue $850M-$950M, net loss $89M-$113M, adjusted EBITDA -$20M to $10M.","Entered Fourth Amendment to credit facility: revolver cut from $135M to $100M, SOFR+5% drawn revolver, term loans SOFR+6% cash+2% PIK interest, plus new liquidity covenant.","Senior segment Medicare Advantage approved policies +39% YoY, but lifetime value per policy fell 22% to $877; per-unit economics deteriorated (Adjusted EBITDA per policy -$290 vs +$498)."],"urls":{"canonical":"https://secwatch.observer/filing/0001794783-22-000063","json":"https://secwatch.observer/filing/0001794783-22-000063.json","markdown":"https://secwatch.observer/filing/0001794783-22-000063.md","text":"https://secwatch.observer/filing/0001794783-22-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1794783/000179478322000063/0001794783-22-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1794783/000179478322000063/slqt-20220826.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T20:22:42.420405+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}