Significant Revenue Growth
Total revenue increased to $244 million for Q2 2025, a 220% increase from $76.1 million in Q2 2024. Revenue for the first half of 2025 was $455.8 million, a 217.5% increase from $143.5 million in the first half of 2024.
Improved Gross Profit and EBITDA
Gross profit was $124.8 million or 51.1% of total revenue for Q2 2025, compared to $22.6 million or 29.7% for Q2 2024. Adjusted EBITDA was $71.6 million for Q2 2025, compared to $6.8 million for the same period in 2024.
Strong Cash Flow
Net cash from operating activities was $78.2 million for the first half of 2025, compared to $16.3 million for the same period in 2024.
Patient Volume Increase
Total patient visits reached 45,573 in Q2 2025, a 10.6% increase from Q2 2024. For the first half of 2025, total patient visits were 93,842, a 15.5% increase from the first half of 2024.
High Patient Satisfaction
Maintained a patient satisfaction rate exceeding 96% across facilities in Q2 2025, complemented by high Google ratings averaging 4.7 out of 5.
Share Repurchase Program
Board of Directors authorized a stock repurchase program of up to $25 million over the next 6 months.