NYSE$PHR

Phreesia Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Phreesia's financial results for the quarter and fiscal year ending January 31, 2021, were announced.

Phreesia reported a 27% increase in revenue for the quarter, reaching $41.8 million. The average number of provider clients grew by 13% year-over-year, and the average revenue per provider client increased by 7%.

  • Revenue increased by 27% year-over-year, reaching $41.8 million.
  • The average number of provider clients increased by 13% year-over-year, totaling 1,808.
  • The average revenue per provider client increased by 7% year-over-year, reaching $17,858.
  • Adjusted EBITDA was negative $0.09 million, compared to $1.3 million in the prior year.

Headline financials

Total Revenue

$41.8M

Previous: $32.8M+27.4%
EPS (adj)

-$0.10

Previous: -$0.10+0.0%
Capital Expenditures

$4.8M

Previous: $2.19M+119.3%
Free Cash Flow

-$724K

Previous: -$915K+20.9%
Net Income

-$8.1M

Previous: -$3.67M-120.7%
Operating Income

-$8.28M

Previous: -$4.67M-77.2%
Gross Profit

$27M

Previous: $21.6M+24.9%
Cash & Equivalents

$219M

Previous: $90.3M+142.2%
Total Assets

$327M

Previous: $159M+105.8%
Stock-Based Comp

$3.87M

Previous: $2.35M+65.2%

Revenue & EPS history

Phreesia · Revenue · Quarterly

$41.8M

Q4 2021+27.4%vs Q4 2020
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

Phreesia · $32.3M total across 2 segments · Q4 2021

  • Subscription Services
    $18.8M+25.1%
  • Payment Processing
    $13.4M+14.8%

Forward guidance

For the full fiscal year 2022, ending January 31, 2022, the Company expects revenue to be between $178 million and $186 million, consistent with its previous growth guidance of 20 to 25 percent over fiscal year 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 Q4 2021

Historical avgQ4 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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