- **Record Profitability**: $19 million adjusted EBITDA in Q2, sixth consecutive profitable quarter.
- **45% Consumer Growth**: Served 694,000 consumers across ACA, Medicare, and Medicaid, up 45% year-over-year.
- **Strategic Initiatives**: 
  - Mobile mammogram screenings in Florida, expanding to 2026.
  - Walgreens clinic partnership in Central Florida.
  - Advanced NeuePulse platform for value-based care.
- **Private Equity Deal**: NEA-led go-private transaction expected to close mid-2025.
- **Financial Resilience**: $234.4 million total cash and investments as of Q2 end.

**【CEO Opening Remarks】**
- **Strong Financial Performance**: Achieved $19 million adjusted EBITDA in Q2 2025, bringing total to $32.5 million for the first half of the year.
- **Consumer Growth**: Served 694,000 consumers across all segments, a 45% increase year-over-year.
- **ACA Marketplace Success**: 485,000 consumers served with medical loss ratio outperforming the market. Launched mobile mammogram screenings in Florida, planning expansion for 2026.
- **Senior Care Expansion**: 65,000 consumers served through Medicare Advantage and ACO REACH. Partnered with Walgreens to open clinics in Davenport and Orlando, offering primary care and chronic condition management.
- **Medicaid Growth**: 144,000 consumers served, with focus on provider enablement partnerships.
- **NeuePulse Platform**: Advanced data analytics tool enabling value-based care pathways, streamlining workflows, and eliminating preauthorizations. Expected to drive future growth and operational efficiency.
- **Private Equity Transaction**: Definitive agreement to go private led by NEA affiliate, expected to close mid to late 2025.

**【CFO Financial Commentary】**
- **Consolidated Revenue**: $209.1 million for Q2, slightly lower year-over-year due to membership mix shift.
- **Gross Margin**: $62.7 million, supporting sixth consecutive quarter of adjusted EBITDA profitability.
- **Segment Performance**:
  - **NeueCare**: $91.6 million revenue, $23.2 million operating income, serving 504,000 value-based consumers.
  - **NeueSolutions**: $120 million revenue, $2.6 million operating income, serving 148,000 Medicaid consumers and 42,000 through ACO REACH/MSSP.
- **Balance Sheet**: $234.4 million total cash and investments as of June 30, 2025, including $145.5 million non-regulated cash.

**【CEO Closing Remarks】**
- Reiterated confidence in long-term growth trajectory and ability to deliver value across payers, providers, and consumers.
- Highlighted commitment to advancing NeuePulse platform and expanding consumer-centric care models.
- Expressed excitement for remaining 2025 and beyond, emphasizing team's contributions to recent successes.

NeueHealth (NEUE)-7 Aug 25-2025 Q2 Earnings call transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

NEUE(Delisted)

NEUE fundamentals

You can ask Aime