Revenue Growth
InfuSystem reported an 8.5% increase in revenue for Q1 2025, driven by diversified business activities and despite limited contributions from growth initiatives like Advanced Wound Care and Chemo Mouthpiece.
Adjusted EBITDA Surge
The company experienced a 64% year-over-year increase in adjusted EBITDA, reaching $6.3 million, with an adjusted EBITDA margin of 18.2%, the highest since Q1 2021.
Strong Performance in Patient Services Segment
The Patient Services segment saw a 11.7% increase in net revenues, with growth across all therapies, including a 10.3% increase in oncology net revenue and a 33% rise in wound care treatment revenue.
Improved Cash Flow
Operating cash flow improved significantly to $1.8 million, nearly four times higher than the prior year first quarter.
Positive Outlook for Full Year
InfuSystem expects full-year growth of 8% to 10% in net revenues and an adjusted EBITDA margin higher than the previous year's 18.8%.