Strong Software Revenue Growth
Software revenue grew over 30% from Q1 of last year, driven by strategic client deployments including the Military Health System.
Improved Adjusted EBITDA
Adjusted EBITDA improved for the fourth consecutive quarter, with a negative $12.2 million compared to negative $45.6 million in Q1 2024.
Partnership with Military Health System
The platform is now live for scheduled visits across the global Military Health System, with patient and provider satisfaction reported as very high, over 90%.
Positive Cash Flow Prospects
Amwell is on track to achieving positive cash flow from operations by 2026, driven by cost reduction and revenue mix improvement.