Clover Health sees FY25 adjusted net income $15M-$30M

Increases Average Medicare Advantage membership to 106,000 – 108,000, representing 33% growth year-over-year at the midpoint; Increases Insurance revenue to between $1.850 billion and $1.880 billion, representing 39% growth year-over-year at the midpoint; Improves Adjusted SG&A to between $325 million and $335 million, representing Adjusted SG&A as a percentage of Total revenues between 17% – 18%; Expects Adjusted EBITDA profitability between $15 million and $30 million; Expects Adjusted Net income between $15 million and $30 million; Expects Insurance BER between 90% – 91%.