Apollo medical holdings, inc. (AMEH)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Oct'13Sep'13Jul'13Jun'13Apr'13Mar'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Oct'10Jul'10
Revenue
Revenue from Contract with Customer, Excluding Assessed Tax

178,751

156,060

130,049

95,757

106,588

166,729

122,666

123,923

163,151

97,134

81,311

14,758

15,674

14,622

12,371

11,815

10,659

11,369

10,204

9,587

7,642

11,665

4,094

2,336

2,834

2,605

2,521

2,593

2,614

2,446

1,662

2,529

1,965

1,649

1,631

1,545

1,431

1,093

1,039

1,019

1,039

Total revenue

-

-

-

-

-

-

-

-

-

-

-

85,336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

464

-

226

-

586

-

546

166

443

303

396

334

154

92

150

174

Operating expenses
Cost of services

151,879

131,129

101,363

83,432

80,543

96,268

99,705

84,614

80,436

66,736

66,672

59,607

12,715

12,171

10,133

9,705

8,463

8,264

7,567

6,555

6,090

6,161

3,259

2,050

2,032

2,140

2,257

2,366

2,457

1,860

1,184

1,982

1,798

1,205

1,328

1,148

1,097

939

947

868

864

General and administrative expenses

11,451

7,949

11,817

10,263

12,119

9,040

10,893

11,301

10,879

4,380

5,777

5,211

4,485

4,455

3,836

5,774

3,510

3,440

4,237

2,931

2,889

3,451

2,009

826

1,603

1,271

1,043

1,580

1,921

1,291

531

1,065

1,598

501

351

662

204

235

276

152

190

Depreciation and amortization

4,487

4,920

4,454

4,417

4,483

4,843

4,918

5,058

4,668

4,764

4,805

4,836

148

170

164

64

145

77

63

-64

194

193

11

5

6

6

6

6

6

6

4

6

5

4

4

2

3

2

3

2

2

Provision for doubtful accounts

-4,628

0

2,314

951

3,640

0

0

247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of intangibles

-

1,994

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

167,818

145,994

115,320

99,065

104,585

110,152

115,516

101,221

98,416

75,882

77,255

69,655

17,350

16,797

14,134

15,544

12,119

11,782

11,868

9,422

9,174

9,806

5,281

2,883

3,642

1,278

3,308

1,587

4,386

1,298

1,720

1,071

1,603

506

356

665

208

237

279

154

193

Income from operations

10,932

10,066

14,728

-3,307

2,003

56,577

7,149

22,701

-5,842

21,251

4,056

15,680

-1,675

-2,174

-1,762

-3,729

-1,459

-412

-1,664

165

-1,531

1,858

-1,186

-547

-808

-813

-786

-1,360

-1,771

-711

-57

-525

-1,437

-63

-53

-268

126

-83

-187

-3

-18

Other (expense) income
Income (Loss) from Equity Method Investments

-8,062

2,053

-42

-849

-5,552

-4,215

1,669

-28

-1,083

-1,461

-795

2,227

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on change in fair value of derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

0

-

0

-3,063

-2,914

123

0

-

-

-

-

-

Interest expense

3,383

827

311

210

186

178

110

85

63

14

0

0

9

3

2

12

100

68

360

357

362

329

276

184

156

178

200

170

161

127

86

259

221

224

224

154

33

31

31

31

31

Interest income

718

508

473

323

77

418

492

269

396

226

209

182

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Derivative Instruments, Net, Pretax

-

-

-

-

-

-

-

-

234

-406

-1,394

1,522

300

511

822

-722

430

96

-213

352

358

152

-30

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-266

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

198

2,620

24

187

737

609

187

87

45

94

26

1

0

10

1

333

-100

-95

101

-48

112

-58

-2

28

-0

9

6

-0

1

-0

1

-37

0

0

-0

0

0

1

1

4

-0

Financing cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

9

9

9

9

Total other (expense) income, net

-10,529

4,355

144

-550

-4,923

-3,365

2,239

244

14,148

-1,561

-1,954

3,932

290

518

821

-400

-37

-67

-473

-53

108

-235

-309

-155

-156

-169

-194

-171

-160

-127

-84

-297

-3,284

-3,139

-100

-153

-67

-39

-39

-36

-41

Income before provision for income taxes

403

14,421

14,873

-3,858

-2,920

53,211

9,389

22,946

8,305

19,690

2,102

19,613

-1,384

-1,655

-940

-4,129

-1,496

-479

-2,137

112

-1,423

1,622

-1,495

-702

-965

-982

-980

-1,532

-1,932

-839

-142

-822

-4,721

-3,202

-153

-422

58

-122

-227

-40

-60

Income Tax Expense (Benefit)

1,683

3,682

4,209

-1,408

-978

14,585

1,523

7,228

-12,605

7,865

736

7,889

99

-185

-41

-13

36

-186

92

97

-31

86

11

7

-0

31

0

0

0

9

3

0

0

0

4

4

0

0

1

0

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-1,279

10,738

10,663

-2,450

-1,941

38,625

7,865

15,717

20,910

11,824

1,365

11,723

-1,484

-1,470

-899

-4,116

-1,532

-293

-2,230

15

-1,391

1,535

-1,507

-710

-964

-

-980

-

-1,932

-

-145

-

-

-

-

-

-

-

-

-

-

Net income attributable to noncontrolling interests

-8,006

7,034

7,118

-2,589

1,154

29,519

5,201

13,557

7,073

6,203

-629

7,374

248

-112

415

-1,812

152

237

251

-175

300

159

170

55

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Net income attributable to Apollo Medical Holdings, Inc.

6,727

3,704

3,545

139

-3,095

9,106

2,664

2,160

13,837

5,620

1,994

4,349

-1,732

-1,358

-1,315

-4,644

-1,685

-531

-2,482

190

-1,691

1,376

-1,677

-766

-964

-1,014

-980

-1,532

-1,932

-849

-145

-822

-4,721

-3,202

-157

-426

58

-122

-228

-41

-60

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-0.75

-0.29

-0.23

-0.22

-0.86

-0.31

-0.11

-0.51

-

-

-

-0.34

-0.16

-0.02

-0.03

-

-0.04

-0.05

-0.02

0.00

-0.02

-0.14

-0.10

-0.01

-0.01

0.00

0.00

-0.01

0.00

0.00

Earnings per share – basic (in dollars per share)

0.20

0.11

0.10

0.00

-0.10

0.28

0.08

0.07

0.54

0.22

0.08

0.17

-

-

-

-

-

-

-

-

-0.35

0.28

-

-

-

-

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share – diluted (in dollars per share)

0.20

0.10

0.09

0.00

-0.08

0.24

0.07

0.06

0.48

0.20

0.07

0.15

-

-

-

-

-

-

-

-

-0.35

0.26

-

-

-

-

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

6,033

6,033

6,024

5,914

5,759

5,365

4,863

4,863

-

-

-

4,913

4,717

39,038

37,977

-

35,801

35,435

34,843

34,843

35,457

33,440

31,015

29,965

29,335

29,331

28,985

28,648

27,635

27,452

Weighted average shares of common stock outstanding – basic (in shares)

35,153

34,643

34,540

34,496

33,562

32,917

32,674

32,421

26,899

25,067

25,067

25,067

-

-

-

-

-

-

-

-

4,875

4,913

-

-

-

-

36,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

31,784

37,792

37,962

38,074

37,322

38,387

37,850

38,098

29,365

28,417

28,417

28,445

-

-

-

-

-

-

-

-

4,875

5,439

-

-

-

-

36,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive loss:
Unrealized loss on change in value of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-33

14

18

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,724

1,390

-1,659

-

-964

-

-980

-

-1,932

-

-

-

-

-

-

-

-

-

-

-

-

Capitation, net
Revenue from Contract with Customer, Excluding Assessed Tax

148,619

130,807

103,223

71,516

77,472

90,612

90,316

85,905

79,195

66,130

62,879

64,716

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Risk pool settlements and incentives
Revenue from Contract with Customer, Excluding Assessed Tax

18,457

11,355

11,191

10,093

11,285

57,788

13,866

17,986

3,604

21,498

8,358

11,137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management Service [Member]
Revenue from Contract with Customer, Excluding Assessed Tax

6,801

8,517

10,352

8,996

12,445

12,851

12,371

12,074

7,709

6,449

6,287

6,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee-for-service, net
Revenue from Contract with Customer, Excluding Assessed Tax

-

4,099

3,878

-

-

4,723

4,563

-

-

-

-

2,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income
Revenue from Contract with Customer, Excluding Assessed Tax

-

1,280

1,403

-

-

752

1,548

-

-

-

-

281

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Health Care, Patient Service [Member]
Total revenue

-

-

-

4,080

-

-

-

6,236

-

2,729

3,044

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product and Service, Other [Member]
Total revenue

-

-

-

1,069

-

-

-

1,720

-

326

741

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-