Sector: Financials | Industry: Multiline Insurance & Brokers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6800 West 115Th Street, Suite 2511 OVERLAND PARK KS 66211 |
Tel: | 1-877-6784083 |
Website: | https://ir.selectquote.com/investor-home/default.aspx |
IR: | See website |
Key People | ||
Robert Clay Grant President | Timothy Robert Danker Chief Executive Officer, Director | Ryan Moore Clement Chief Financial Officer |
William Thomas Grant Chief Operating Officer | Ryan Souan Executive Vice President - Auto & Home and Life Divisions | Stephanie D. Fisher Chief Accounting Officer |
Floyd O'Lander May Chief Information Officer | Daniel A. Boulware General Counsel, Secretary | Matthew Scott Gunter Chief Experience Officer |
Business Overview |
SelectQuote Inc. is a technology-enabled, direct-to-consumer (DTC) distribution and engagement platform for insurance products and healthcare services. The Company operates through four business lines, which include SelectQuote Senior, which provides shopping platform for Medicare Advantage and Medicare Supplement insurance plans as well as prescription drug and dental, vision, and hearing plans, and critical illness products; SelectQuote Healthcare Services, which is comprised of the SelectRx Pharmacy, a specialized medication management pharmacy; SelectQuote Life segment that provides shopping platform for life insurance products such as term life, final expense, and other ancillary products like critical illness, accidental death, and juvenile insurance, and SelectQuote Auto & Home segment provides shopping platform for auto, home, and specialty insurance lines, as well as insurance products such as homeowners, auto, dwelling fire, and other ancillary insurance products. |
Financial Overview |
For the three months ended 30 September 2023, SelectQuote Inc revenues increased 43% to $232.7M. Net loss decreased 27% to $31.1M. Revenues reflect Healthcare Services segment increase from $43.1M to $97.4M, Senior segment increase of 16% to $89.9M. Lower net loss reflects General and administrative - Balancing decrease of 3% to $26.3M (expense), Amort Intangibles excl Goodwill in SGA decrease of 47% to $800K (expense). |
Employees: | 2,035 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $861.28M as of Sep 30, 2023 |
Annual revenue (TTM): | $1,073M as of Sep 30, 2023 |
EBITDA (TTM): | $60.91M as of Sep 30, 2023 |
Net annual income (TTM): | -$47.11M as of Sep 30, 2023 |
Free cash flow (TTM): | -$5.02M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $646.58M as of Sep 30, 2023 |
Shares outstanding: | 167,733,095 as of Oct 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |