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Jul 31, 2020
Phreesia Q2 2021 Earnings Report
Phreesia's revenue increased by 14% compared to the same period in the prior year, with an average of 1,668 provider clients.
Key Takeaways
Phreesia announced its fiscal second quarter 2021 results, reporting a revenue increase of 14% year-over-year. The company's average number of provider clients also increased by 7%, and adjusted EBITDA was positive at $1.2 million.
Revenue was $35.0 million, up 14% year-over-year.
Average number of provider clients was 1,668, a 7% increase year-over-year.
Average revenue per provider client was $17,360, a 5% increase year-over-year.
Adjusted EBITDA was positive $1.2 million, compared to $0.7 million in the same period last year.
Phreesia
Phreesia
Phreesia Revenue by Segment
Revenue by Segment
Subscription Services Revenue
CapyFin.comPayment Processing Revenue
CapyFin.com Forward Guidance
Phreesia is currently not in a position to forecast the expected impact of COVID-19 on its financial and operating results for the remainder of fiscal 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income