SelectQuote Q4 FY2023 revenue $221.8M, net loss narrows to $47.8M; FY2024 Adj EBITDA guidance $80M-$105M

SelectQuote, Inc.

Q4 revenue $221.8M (up 59% YoY); net loss $47.8M (improved from $104.7M loss).
FY2023 full-year revenue $1.0B (up 31% YoY); net loss $58.5M; Adj EBITDA $74.3M (vs -$260.5M).
FY2024 guidance: revenue $1.05B-$1.2B; Adj EBITDA $80M-$105M; net loss ($50M)-($22M).
Senior segment revenue $103.6M, Adj EBITDA $16.1M, approved Medicare Advantage policies 110,027.
Healthcare Services revenue $82.8M, ~49k SelectRx members; Auto & Home revenue ($1.3)M due to $10.4M estimate change.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SelectQuote, Inc. reported the fiscal year ended June 30, 2023 results: revenue $1.0 billion, net income $(58.5) million.

Period: the fiscal year ended June 30, 2023
Revenue: $1.0 billion
Net income: $(58.5) million
Result: reported results

Exact text from the filing

Consolidated revenue for the fiscal year ended June 30, 2023, was $1.0 billion compared to consolidated revenue for the fiscal year ended June 30, 2022, of $764.0 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SelectQuote, Inc. reported the fourth quarter and year ended June 30, 2023 results: revenue $221.8 million, net income $(47.8) million.

Period: the fourth quarter and year ended June 30, 2023
Revenue: $221.8 million
Net income: $(47.8) million
Result: reported results

Exact text from the filing

EX-99.1 (EX-99.1) --- SelectQuote, Inc. Reports Fourth Quarter of Fiscal Year 2023 Results Fourth Quarter of Fiscal Year 2023 – Consolidated Earnings Highlights • Revenue of $221.8 million • Net loss of $(47.8) million • Adjusted EBITDA* of $(5.8) million Fiscal Year 2024 Guidance Ranges: • Revenue expected in a range of $1.05 billion to $1.2 billion • Net loss

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

SelectQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001794783-23-000091

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