•
Mar 31, 2022

SelectQuote Q3 2022 Earnings Report

SelectQuote's financial performance was reported for Q3 2022, with revenue ahead of internal expectations, improved conversion rates, and reduced marketing costs per sale.

Key Takeaways

SelectQuote, Inc. reported consolidated revenue for the third quarter of fiscal year 2022 of $275.1 million, a net loss of $6.4 million, and an Adjusted EBITDA of $13.0 million.

Revenue for Q3 2022 reached $275.1 million.

The company experienced a net loss of $6.4 million in Q3 2022.

Adjusted EBITDA for Q3 2022 was $13.0 million.

Approved Medicare Advantage policies grew 48% year-over-year.

Total Revenue
$275M
Previous year: $267M
+3.1%
EPS
-$0.04
Previous year: $0.22
-118.2%
Gross Profit
$156M
Previous year: $195M
-20.4%
Cash and Equivalents
$199M
Previous year: $369M
-46.0%
Free Cash Flow
$14.8M
Previous year: $41.4M
-64.4%
Total Assets
$1.44B
Previous year: $1.43B
+0.1%

SelectQuote

SelectQuote

SelectQuote Revenue by Segment

Forward Guidance

The company did not update its full-year fiscal 2022 revenue, net loss, and adjusted EBITDA guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income