WELL Health Technologies Reports Record Revenue and Positive Outlook for 2025

WELL Health Technologies Corp ( (TSE:WELL) ) has shared an update.

WELL Health Technologies Corp announced its financial results for Q4 and the full year 2024, reporting a record annual revenue of $919.7 million, a 19% increase from the previous year. Despite challenges such as deferred revenue from Circle Medical and impacts from a cyberattack on Change Healthcare, the company achieved significant growth in patient visits and Canadian operations. WELL Health projects a positive outlook for 2025, with expected revenue between $1.40 billion to $1.45 billion and Adjusted EBITDA ranging from $190 million to $210 million, driven by strong organic growth and strategic initiatives.

Spark’s Take on TSE:WELL Stock

According to Spark, TipRanks’ AI Analyst, TSE:WELL is a Outperform.

WELL Health Technologies Corp’s strong financial performance and positive earnings call are significant factors contributing to a high score. The company’s robust revenue growth, improved profitability, and strategic expansion plans are offset by mixed technical indicators and fair valuation.

To see Spark’s full report on TSE:WELL stock, click here.

More about WELL Health Technologies Corp

WELL Health Technologies Corp is a digital healthcare company focused on improving health outcomes by leveraging technology to empower healthcare practitioners and patients globally.

YTD Price Performance: -39.52%

Average Trading Volume: 952,764

Technical Sentiment Signal: Buy

Current Market Cap: C$1.08B

For an in-depth examination of WELL stock, go to TipRanks’ Stock Analysis page.