← Claritev Corp
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $21.8m | $126.8m | $185.3m | $334.0m | $71.5m | $16.8m | $16.8m | |
| Trade accounts receivable, net | $77.1m | $63.2m | $99.9m | $78.9m | $76.6m | $89.8m | $127.6m | |
| Prepaid expenses | $14.4m | $17.7m | $24.9m | $22.2m | $23.4m | $20.5m | $32.0m | |
| Prepaid taxes | $2.1m | $0 | $5.1m | $1.4m | $1.4m | $6.7m | $11.5m | |
| Other current assets, net | $195k | $1.2m | $999k | $3.7m | $10.7m | $7.0m | $14.3m | |
| Total current assets | $115.6m | $208.9m | $319.3m | $446.7m | $193.6m | $175.5m | $224.4m | |
| Property and equipment, net | $178.0m | $187.6m | $213.2m | $232.8m | $267.4m | $292.6m | $326.3m | |
| Goodwill | $4.1b | $4.3b | $4.4b | $3.7b | $3.8b | $2.4b | $2.4b | |
| Other intangibles, net | $3.9b | $3.6b | $3.3b | $2.9b | $2.6b | $2.2b | $1.9b | |
| Operating lease right-of-use assets | $30.0m | $31.3m | $30.1m | $24.2m | $19.7m | $16.1m | $14.0m | |
| Other assets, net | $8.2m | $14.2m | $9.7m | $21.9m | $21.8m | $37.1m | $33.3m | |
| Restricted cash | — | $0 | $3.1m | $6.5m | $9.9m | $12.8m | $11.5m | |
| Unbilled Independent Dispute Resolution fees, net | — | — | — | — | $8.2m | $21.9m | $10.6m | |
| Operating lease obligation, short-term | $9.5m | $6.4m | $6.9m | $6.4m | $4.8m | $4.4m | $4.7m | |
| 2025 Revolving Credit Facility | — | — | — | — | — | $0 | $20.0m | |
| Operating lease obligation, long-term | $23.1m | $27.5m | $26.7m | $20.9m | $17.1m | $13.9m | $16.2m | |
| Deferred income taxes | $869.2m | $900.6m | $753.8m | $639.5m | $521.7m | $325.8m | $197.6m | |
| Other liabilities | — | $0 | $135k | $28k | $16.8m | $3.6m | $0 | |
| Non-controlling interests | — | — | — | — | — | $0 | $6.7m | |
| Total shareholders’ (deficit)/equity attributable to Claritev Corporation | $2.0b | $2.6b | $2.3b | $1.8b | $1.7b | $84.0m | ($173.9m) | |
| Total shareholders' (deficit)/equity | — | — | — | — | — | $84.0m | ($167.2m) | |
| Total assets | $8.4b | $8.3b | $8.2b | $7.4b | $7.0b | $5.2b | $4.9b | |
| Accounts payable | $9.6m | $15.3m | $13.0m | $13.3m | $19.6m | $86.3m | $60.5m | |
| Accrued interest | $18.0m | $31.5m | $55.7m | $58.0m | $56.8m | $55.5m | $100.0m | |
| Current portion of long-term debt | — | $0 | $13.2m | $13.2m | $13.2m | $13.2m | $14.7m | |
| Accrued compensation | $26.3m | $21.8m | $25.4m | $34.6m | $44.7m | $33.7m | $45.2m | |
| Other accrued expenses | $22.0m | $27.3m | $27.7m | $16.5m | $15.4m | $19.0m | $36.3m | |
| Total current liabilities | $85.8m | $112.5m | $141.9m | $175.8m | $166.7m | $213.8m | $261.4m | |
| Long-term debt, net | $5.4b | $4.6b | $4.9b | $4.7b | $4.5b | $4.5b | $4.6b | |
| Total liabilities | $6.4b | $5.7b | $5.9b | $5.6b | $5.3b | $5.1b | $5.1b | |
| Preferred stock, $0.0001 par value — 10,000,000 shares authorized; no shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Class A Common stock, $0.0001 par value — 1,500,000,000 shares authorized; 17,295,582 and 16,930,827 issued; 16,552,723 and 16,187,968 shares outstanding | — | — | 67k | 67k | 67k | 2k | 2k | |
| Additional paid-in capital | $1.3b | $2.5b | $2.3b | $2.3b | $2.3b | $2.4b | $2.4b | |
| Accumulated deficit | $637.6m | $117.0m | $225.1m | ($347.8m) | ($499.3m) | ($2.1b) | ($2.4b) | |
| Accumulated other comprehensive loss | — | — | — | $0 | ($11.8m) | ($5.1m) | ($4.2m) | |
| Treasury stock — 742,859 and 742,859 shares | — | — | — | — | ($128.4m) | ($138.7m) | ($138.7m) | |
| Total liabilities and shareholders’ (deficit)/equity | $8.4b | $8.3b | $8.2b | $7.4b | $7.0b | $5.2b | $4.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.