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GoHealth Inc
Previous close
$11.50
Day range
$11.42 - $12.23
Year range
$7.28 - $16.38
Market cap
272.58M USD
Avg Volume
28.49K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 118.29M | -10.41% |
Operating expense | 140.38M | 4.75% |
Net income | 6.78M | 128.34% |
Net profit margin | 5.73 | 131.64% |
Earnings per share | — | — |
EBITDA | -15.35M | -31.10% |
Effective tax rate | -0.07% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 35.53M | 34.64% |
Total assets | 1.34B | -6.70% |
Total liabilities | 943.87M | -4.03% |
Total equity | 397.28M | — |
Shares outstanding | 10.13M | — |
Price to book | 0.55 | — |
Return on assets | -8.04% | — |
Return on capital | -11.64% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 6.78M | 128.34% |
Cash from operations | -12.23M | -288.11% |
Cash from investing | 13.28M | 487.60% |
Cash from financing | 20.33M | 1,026.90% |
Net change in cash | 21.40M | 1,992.18% |
Free cash flow | 792.75K | -95.96% |
About
GoHealth, Inc. is an American marketplace for Medicare plans including Medicare Advantage, MediGap and Medicare Part D, which are programs administered through private health insurance companies. It also operates an online health insurance marketplace offering individual health insurance and short-term health insurance.
In 2012, GoHealth became a government-approved exchange after a deal was signed into place by the Obama administration and the Centers for Medicare & Medicaid Services. This would allow GoHealth to enroll people in the same plans and offer the same tax-subsidies found on HealthCare.gov. CMS signed the deal with a few private health insurance marketplaces including GoHealth in an effort to provide affordable premiums from the increase in enrollment.
In 2013, GoHealth acted as the first of the private health insurance marketplaces to enroll Americans in subsidy-eligible ObamaCare plans, following the technical challenges from HealthCare.gov's launch. Soon after a fix for broker functionality was implemented on HealthCare.gov, the company utilized their call centers to help Americans enroll in both on-exchange and off-exchange plans while on the phone. Wikipedia
CEO
Founded
2001
Headquarters
Website
Employees
2,530