earnings
confidence high
sentiment positive
materiality 0.80
GoHealth reports Q4 net loss down 98.5% to $2.3M; FY 2023 Adj. EBITDA $75.1M
GoHealth, Inc.
- Q4 net revenues $276.7M vs $69.4M YoY; FY net rev $734.7M vs $631.7M.
- Q4 net loss $2.3M vs $149.2M loss YoY; FY net loss $151.3M vs $376.3M loss YoY.
- Q4 Adjusted EBITDA $57.0M (up 160.1% YoY); FY Adj. EBITDA $75.1M (up 157.9% YoY).
- Cash flow from operations $109.1M in 2023, up 79.2% from $60.9M in 2022.
- Non-agency sales 60% of Q4 Medicare revenue vs 26% in 2022; no Lookback adjustment in 2023.