Jan 31, 2021

Phreesia Q4 2021 Earnings Report

Phreesia's financial results for the quarter and fiscal year ending January 31, 2021, were announced.

Key Takeaways

Phreesia reported a 27% increase in revenue for the quarter, reaching $41.8 million. The average number of provider clients grew by 13% year-over-year, and the average revenue per provider client increased by 7%.

Revenue increased by 27% year-over-year, reaching $41.8 million.

The average number of provider clients increased by 13% year-over-year, totaling 1,808.

The average revenue per provider client increased by 7% year-over-year, reaching $17,858.

Adjusted EBITDA was negative $0.09 million, compared to $1.3 million in the prior year.

Total Revenue
$41.8M
Previous year: $32.8M
+27.4%
EPS
-$0.1
Previous year: -$0.1
+0.0%
Average Provider Clients
1.81K
Previous year: 1.6K
+12.8%
Revenue per Provider Client
$17.9K
Previous year: $16.7K
+6.9%
Gross Profit
$27M
Previous year: $21.6M
+24.9%
Cash and Equivalents
$219M
Previous year: $90.3M
+142.2%
Free Cash Flow
-$724K
Previous year: -$915K
-20.9%
Total Assets
$327M
Previous year: $159M
+105.8%

Phreesia

Phreesia

Phreesia Revenue by Segment

Forward Guidance

For the full fiscal year 2022, ending January 31, 2022, the Company expects revenue to be between $178 million and $186 million, consistent with its previous growth guidance of 20 to 25 percent over fiscal year 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income