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Jun 30, 2024

SelectQuote Q4 2024 Earnings Report

SelectQuote reported mixed results with revenue growth offset by a net loss, while highlighting strong performance in specific segments and strategic initiatives.

Key Takeaways

SelectQuote, Inc. reported a revenue of $307.2 million for Q4 2024, compared to $221.8 million in Q4 2023. The company experienced a net loss of $31.0 million, an improvement from the $47.8 million net loss in the same quarter last year. Adjusted EBITDA for the quarter was $14.4 million, a significant increase from the $(5.8) million in Q4 2023. The company's FY2024 revenue was $1.3 billion, and the net loss was $34.1 million.

SelectQuote's Q4 revenue increased to $307.2 million from $221.8 million year-over-year.

The company's net loss improved to $31.0 million from $47.8 million year-over-year.

Adjusted EBITDA increased to $14.4 million from $(5.8) million year-over-year.

Senior segment revenue was $114.1 million with an Adjusted EBITDA of $27.9 million.

Total Revenue
$307M
Previous year: $222M
+38.5%
EPS
-$0.18
Previous year: -$0.29
-37.9%
Gross Profit
$122M
Previous year: $84.9M
+43.8%
Cash and Equivalents
$42.7M
Previous year: $83.2M
-48.7%
Free Cash Flow
$23.9M
Previous year: -$6.93M
-444.2%
Total Assets
$1.19B
Previous year: $1.22B
-2.1%

SelectQuote

SelectQuote

SelectQuote Revenue by Segment

Forward Guidance

SelectQuote expects revenue between $1.4 billion and $1.5 billion, a net loss between $42 million and $6 million, and an Adjusted EBITDA between $90 million and $120 million for fiscal year 2025.

Revenue & Expenses

Visualization of income flow from segment revenue to net income