Alignment Healthcare, Inc. ( (ALHC) ) has released its Q4 earnings. Here is a breakdown of the information Alignment Healthcare, Inc. presented to its investors.
Alignment Healthcare, Inc. is a company in the healthcare sector that focuses on providing Medicare Advantage plans, leveraging technology and clinical resources to enhance care for seniors. Based in California, it partners with local providers to deliver coordinated care.
In its latest earnings report, Alignment Healthcare announced a significant increase in health plan membership, reaching 189,100 members by the end of 2024, marking a 58.6% year-over-year growth. The company also reported its first full year of positive adjusted EBITDA since becoming public, driven by strong operational performance.
Key financial highlights include a 50.7% increase in fourth-quarter revenue to $701.2 million and a 48.3% rise in full-year revenue to $2.7 billion. Despite a net loss of $31.1 million for the quarter, the adjusted EBITDA was positive at $1.4 million. The company also provided optimistic guidance for 2025, projecting revenue growth of up to 39.6% and adjusted EBITDA between $35 million and $60 million.
Looking ahead, Alignment Healthcare is poised for continued growth in 2025, with an increased membership guidance and strong revenue projections, reflecting confidence in its strategic direction and market position.