Earnings Call Summary | Ontrak(OTRK.US) Q2 2024 Earnings Conference
Earnings Call Summary | Ontrak(OTRK.US) Q2 2024 Earnings Conference
The following is a summary of the Ontrak, Inc. (OTRK) Q2 2024 Earnings Call Transcript:
以下是Ontrak, Inc. (ontrak) 2024 Q2业绩会简报:
Financial Performance:
金融业绩:
Ontrak reported Q2 2024 revenue of $2.5 million, a 17% year-over-year decrease.
Revenue per health plan enrolled member per month decreased to $463, compared to $528 in Q2 2023.
Gross margin for Q2 was 65.7%, a slight increase from 63.6% in Q1 2024 but down from 72.8% in Q2 2023.
Cash flow from operations was negative $4.5 million in Q2, an improvement from negative $5.1 million the prior year.
Ontrak projects Q3 2024 revenues to be between $2.4 million to $2.8 million.
Ontrak报告2024年Q2营业收入为250万美元,同比下降17%。
每位健康计划注册成员每月收入下降到463美元,而2023年Q2为528美元。
Q2毛利率为65.7%,略高于2024年Q1的63.6%,但较2023年Q2的72.8%下降。
Q2运营现金流为负450万美元,较上一年的负510万美元有所改善。
Ontrak预计2024年Q3的收入将在240万美元至280万美元之间。
Business Progress:
业务进展:
Ontrak signed a contract with a major Northeast regional health plan which will potentially double their current outreach pool.
The company plans to launch its WholeHealth+ program and Engage Coaching Only solution with the new customer within the next 60 days.
Ontrak's solutions have demonstrated statistically significant medical cost savings in a final study with an existing Medicaid customer.
The pipeline remains strong with 26 active prospects representing about 15 million members across various business lines.
Ontrak与一个东北部区域型健康计划签订了合同,该计划有可能将他们当前的外展范围扩大一倍。
公司计划在接下来的60天内与新客户推出其WholeHealth+计划和Engage Coaching Only解决方案。
Ontrak的解决方案在一份针对现有医疗救助客户的最终研究中证明了显著的医疗成本节省性。
流水线仍然强大,目前有26个活跃前景,代表着各种业务线上约1500万会员。
Opportunities:
机会:
Ontrak's new contracts and expansion into additional regions in Florida with community care plans denotes potential growth in their operational scale and service delivery.
The technological advancements such as AI implementation and Mental Health Digital Twin technology are set to enhance their service offerings and customer satisfaction.
Ontrak的新合同及其在佛罗里达州社区保健计划中进一步扩张表示其运营规模和服务投递潜力的可能增长。
人工智能应用和心理健康数字孪生技术等技术进步有望增强其服务提供和客户满意度。
Risks:
风险:
Ontrak faces risks in integrating new pricing strategies and managing a higher portion of Engage members, which potentially lowers revenue per enrolled member.
Financial dependence on securing additional capital, such as through the Keep Well Agreement and exercise of warrants, reflects some liquidity risks and the need for sustainable funding.
Ontrak面临并购新定价策略和管理更高份额Engage成员的风险,这可能降低每个注册成员的营业收入。
财务上的依赖获取额外资本,如Keep Well协议和行使期权,反映出一些流动性风险和可持续资金的需求。
More details: Ontrak IR
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提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。