Fri, May 16, 9:02 PM (27 days ago)
**GoHealth, Inc. (GOCO) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $220.97 million, up 19.1% YoY, driven by a $88.5 million increase in agency revenue, partially offset by a $54.1 million decrease in non-agency revenue. - **Profit Margins:** Net loss margin of (4.4%) vs. (11.5%) YoY. Adjusted EBITDA margin of 19.0% vs. 14.5% YoY. - **Cash Flow:** Net cash used in operating activities was $12.4 million, a decrease of $24.9 million YoY, primarily due to changes in working capital components. - **Earnings Changes:** Net loss attributable to GoHealth, Inc. was $4.41 million, an improvement of $4.81 million YoY. **Key Metrics & Trends:** - **Submissions:** 303,026, up 40.2% YoY, driven by internal agents. - **Sales per Submission:** $724, down 15.4% YoY, due to a shift from non-agency to agency revenue. - **Direct Operating Cost per Submission:** $522, down 18.4% YoY, due to improved agent productivity. - **Liquidity:** $22.2 million in cash and cash equivalents. Significant liquidity constraints and doubt about the ability to continue as a going concern. **Uncertainties & Future Operations:** - **Legal Proceedings:** Ongoing legal matters, including a DOJ intervention in a qui tam proceeding. - **Debt & Covenants:** Risk of default on debt obligations, with mitigating plans in place. - **Strategic Shifts:** Focus on agency revenue, technology investments, and new product launches like GoHealth Protect. **Ticker:** GOCO