← Claritev Corp
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | $1.0b | $982.9m | $937.8m | $1.1b | $1.1b | $961.5m | $930.6m | $965.4m | |
| Operating income (loss) | $427.5m | $368.2m | ($131.8m) | $386.1m | ($362.7m) | $162.0m | ($1.4b) | $28.8m | |
| Depreciation | $52.3m | $55.8m | $60.6m | $64.9m | $68.8m | $77.3m | $88.2m | $101.7m | |
| Amortization of intangible assets | $334.1m | $334.1m | $334.7m | $340.2m | $340.5m | $342.7m | $343.9m | $343.8m | |
| Loss on impairment of goodwill and intangible assets | — | — | $0 | $0 | $662.2m | $0 | $1.5b | $0 | |
| Loss on disposal of leases | — | — | — | — | — | $24k | $729k | $6.9m | |
| Loss on sale of assets | — | — | — | — | — | $851k | $8.6m | $9.4m | |
| Interest income | ($51k) | ($196k) | ($288k) | ($30k) | ($3.5m) | ($8.2m) | ($3.1m) | ($1.6m) | |
| Loss (gain) on extinguishment of debt | $0 | ($18.4m) | $103.0m | $15.8m | ($34.6m) | ($54.0m) | ($5.9m) | $670k | |
| Loss on sale of equity investment | — | — | — | — | — | $0 | $0 | $2.7m | |
| Gain on change in fair value of Private Placement Warrants and Unvested Founder Shares | — | — | ($35.4m) | ($32.6m) | ($67.0m) | ($2.0m) | ($477k) | $0 | |
| Net loss before taxes | $44.3m | $10.5m | ($546.9m) | $135.5m | ($560.7m) | ($107.1m) | ($1.8b) | ($373.1m) | |
| Benefit for income taxes | $8.1m | $799k | ($26.3m) | $33.4m | $12.2m | ($15.4m) | ($124.9m) | ($88.8m) | |
| Net loss | — | — | — | — | — | ($91.7m) | ($1.6b) | ($284.3m) | |
| Less: net loss attributable to non-controlling interests | — | — | — | — | — | $0 | $0 | $0 | |
| Net loss attributable to Claritev Corporation | $36.2m | $9.7m | ($520.6m) | $102.1m | ($572.9m) | ($91.7m) | ($1.6b) | ($284.3m) | |
| Change in unrealized gain (loss) on interest rate swap, net of tax | — | — | — | $0 | $0 | ($11.8m) | $6.7m | $891k | |
| Comprehensive loss | $36.2m | $9.7m | ($520.6m) | $102.1m | ($572.9m) | ($103.5m) | ($1.6b) | ($283.4m) | |
| Net loss per share – basic (in usd per share) | $0 | $0 | ($1) | $0 | ($1) | ($0) | ($102) | ($17) | |
| Net loss per share – diluted (in usd per share) | $0 | $0 | ($1) | $0 | ($1) | ($0) | ($102) | ($17) | |
| Weighted average shares outstanding – Basic (in shares) | — | 415.7m | 470.8m | 651.0m | 638.9m | 645.1m | 16.1m | 16.4m | |
| Weighted average shares outstanding – Diluted (in shares) | — | 415.7m | 470.8m | 651.5m | 638.9m | 645.1m | 16.1m | 16.4m | |
| Costs of services (exclusive of depreciation and amortization of intangible assets shown below) | $149.5m | $149.6m | $318.7m | $175.3m | $204.1m | $235.5m | $239.4m | $253.4m | |
| General and administrative expenses | $77.6m | $75.2m | $355.6m | $151.1m | $166.8m | $144.1m | $160.2m | $221.5m | |
| Interest expense | $383.3m | $376.3m | $335.6m | $267.5m | $303.4m | $333.2m | $326.4m | $392.0m | |
| Transaction costs related to refinancing transaction | — | — | — | — | — | $0 | $63.9m | $8.0m | |
| Total expenses | $613.3m | $614.7m | $1.1b | $731.5m | $1.4b | $799.5m | $2.3b | $936.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.