NYSE$PHR

Phreesia Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Phreesia's revenue increased by 18%, average provider clients grew by 5%, and average revenue per provider client increased by 7%.

Phreesia announced its fiscal first quarter 2021 results with a revenue of $33.4 million, an 18% increase compared to the same period last year. The average number of provider clients was 1,632, a 5% increase, and the average revenue per provider client was $16,735, a 7% increase. Adjusted EBITDA was positive at $1.5 million.

  • Revenue was $33.4 million, an 18% increase year-over-year.
  • Average number of provider clients was 1,632, a 5% increase year-over-year.
  • Average revenue per provider client was $16,735, a 7% increase year-over-year.
  • Adjusted EBITDA was positive $1.5 million compared to negative $0.3 million in the prior year.

Headline financials

Total Revenue

$33.4M

Previous: $28.3M+18.0%
EPS (adj)

-$0.09

Previous: -$0.19+52.7%
Patient Payment Volume

$454M

Previous: $461M-1.5%
Capital Expenditures

-$1.92M

No prior period
Free Cash Flow

-$8.03M

No prior period
Net Income

-$6.11M

Previous: -$6.69M+8.7%
Operating Income

-$4.97M

Previous: -$4.25M-16.7%
Gross Profit

$28.7M

Previous: $17.4M+65.1%
Cash & Equivalents

$90.3M

No prior period
Total Assets

$161M

No prior period

Revenue & EPS history

Phreesia · Revenue · Quarterly

$33.4M

Q1 2021+18%vs Q1 2020
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

Phreesia · $27.3M total across 2 segments · Q1 2021

  • Subscription Services
    $15.6M
  • Payment Processing
    $11.7M

Forward guidance

Phreesia is currently not in a position to forecast the expected impact of COVID-19 on its financial and operating results for the remainder of fiscal 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.6%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+2.0%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+21.4%

Q2 2023

Best reaction

-26.3%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-26.3%-1.1%
Q1 2027+2.3%+13.3%
Q3 2026-22.8%-19.2%-16.0%
Q2 2026-9.8%-18.8%-25.4%
Q1 2026-6.6%-0.2%+14.2%
Q4 2025+6.9%+14.6%+1.1%
Q3 2025+11.1%+14.8%+30.8%
Q2 2025+7.9%+0.5%-6.8%
Q1 2025-13.3%-14.7%-2.9%
Q4 2024+1.7%-0.7%+1.0%
Q3 2024+17.8%+18.8%+45.2%
Q2 2024-21.2%-27.1%-39.1%
Q1 2024+3.6%+10.3%+4.0%
Q4 2023-13.5%-10.0%-5.7%
Q3 2023+18.7%+34.8%+20.0%
Q2 2023+21.4%+28.2%+4.9%
Q1 2023+11.9%+17.5%+40.1%
Q4 2022-11.9%+1.3%-23.6%
Q3 2022-20.2%-20.9%-32.9%
Q2 2022-12.4%-6.2%-15.4%
Q1 2022+6.6%+12.7%+24.2%
Q4 2021+2.5%+8.4%+3.3%
Q3 2021+7.3%+18.1%+16.2%
Q2 2021-3.2%-9.2%+3.5%
Q1 2021-6.7%-10.5%-13.1%
Q4 2020+4.2%+18.1%+30.6%
Q3 2020-1.0%-8.8%-6.9%
Q2 2020+0.2%+7.3%+1.2%
Q1 2020
Q4 2019
Q3 2018
Q2 2018
Q1 2018

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