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American Well Corp
Previous close
$8.01
Day range
$7.95 - $8.29
Year range
$5.00 - $31.60
Market cap
124.09M USD
Avg Volume
44.75K
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 61.05M | -1.41% |
Operating expense | 70.06M | -18.46% |
Net income | -43.46M | 68.14% |
Net profit margin | -71.20 | 67.68% |
Earnings per share | -2.29 | 16.28% |
EBITDA | -39.06M | 30.51% |
Effective tax rate | 0.34% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 244.65M | -41.48% |
Total assets | 482.99M | -23.94% |
Total liabilities | 132.94M | 15.29% |
Total equity | 350.05M | — |
Shares outstanding | 15.32M | — |
Price to book | 0.36 | — |
Return on assets | -23.90% | — |
Return on capital | -31.71% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -43.46M | 68.14% |
Cash from operations | -32.35M | 14.84% |
Cash from investing | -4.73M | -102.42% |
Cash from financing | 427.00K | -52.34% |
Net change in cash | -32.26M | -120.42% |
Free cash flow | -21.33M | -3.59% |
About
American Well Corporation, doing business as Amwell, is a telemedicine company based in Boston, Massachusetts, that connects patients with doctors over secure video. Amwell sells its platform as a subscription service to healthcare providers to put their medical professionals online and its proprietary software development kits, APIs, and system integrations enable clients to embed telehealth into existing workflows utilized by providers and patients.
Amwell has roughly 800 employees and has raised more than $500 million from investors, including Anthem, Philips, Allianz and Teva Pharmaceuticals, with the goal of connecting patients to healthcare providers remotely.
The company operates in all 50 United States and works with 55 health plans, which support over 36,000 employers and collectively represent more than 80 million covered lives, as well as 240 of the nation's largest health systems, encompassing more than 2,000 hospitals. In 2020, over 40,000 providers were using the Amwell Platform.
American Well was rebranded to Amwell on March 9, 2020. Wikipedia
Founded
Jun 2006
Headquarters
Website
Employees
1,104