Evolent health, inc. (EVH)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14Jun'14
Revenue
Revenue from Contract with Customer, Excluding Assessed Tax

236,525

220,143

191,959

197,756

193,104

149,947

144,298

139,714

113,729

107,912

107,071

106,238

88,011

60,210

56,518

49,449

46,058

40,406

10,414

0

0

0

Expenses
Cost of revenue (exclusive of depreciation and amortization expenses presented separately below)

155,472

131,763

108,383

117,441

112,880

73,967

69,003

71,975

65,549

68,281

67,994

67,528

59,883

33,905

32,779

28,610

24,749

24,762

7,887

0

0

0

Claims expenses

27,130

34,802

36,085

37,757

18,720

16,992

18,428

16,749

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Selling, General and Administrative Expense

56,468

58,808

66,932

74,838

62,923

59,566

57,403

55,526

55,196

45,834

51,090

53,550

57,592

38,398

32,756

31,946

32,370

29,834

13,082

0

0

0

Depreciation, Depletion and Amortization, Nonproduction

15,947

15,408

15,292

14,266

14,633

10,352

10,034

9,496

11,132

7,717

6,904

6,615

6,495

3,746

3,612

3,371

3,126

3,056

984

0

0

0

Gain on disposal of assets

-

0

9,600

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

160,600

0

0

0

0

-

-

Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability

-3,697

-500

100

100

-2,700

100

-1,604

100

100

100

200

0

-

0

0

-

-

-

-

-

-

-

Operating Expenses

451,120

240,281

217,192

244,402

206,456

160,977

153,264

153,846

131,977

121,932

126,188

127,693

121,884

76,049

69,147

224,527

60,245

57,652

21,953

0

0

0

Operating loss

-214,595

-20,138

-25,233

-46,646

-13,352

-11,030

-8,966

-14,132

-18,248

-14,020

-19,117

-21,455

-33,873

-15,839

-12,629

-175,078

-14,187

-17,246

-11,539

0

0

0

Interest income

961

1,124

842

1,060

522

968

878

1,072

842

411

218

185

164

255

272

279

-

-

-

-

-

-

Interest expense

3,722

3,630

3,620

3,562

2,923

853

855

853

855

880

947

954

247

0

0

0

-67

54

13

0

0

0

Gain on consolidation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

414,133

-

0

0

Income (Loss) from Equity Method Investments

-3,302

-3,859

-1,904

-400

-1,980

-1,381

-1,275

-100

-264

-369

-600

-522

-379

-448

-14

0

0

0

-16,846

-11,319

-3,167

-5,939

Other income (expense), net

-

-84

-587

427

-

-124

78

-18

-

15

3

2

-

1

1

0

-

0

0

-

-

-

Loss before income taxes and non-controlling interests

-220,882

-26,587

-30,502

-49,145

-17,529

-12,420

-10,140

-14,062

-18,419

-14,843

-20,398

-22,744

-34,333

-16,031

-12,370

-174,799

-13,961

-17,192

385,761

-11,319

-3,167

-5,939

Provision (benefit) for income taxes

-21,589

-849

1,398

-496

11

135

-109

3

-4,628

-1,714

-700

405

-9,140

-256

-371

-988

-5,694

-104

29,273

0

0

0

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

-199,293

-25,738

-31,900

-48,649

-17,540

-12,555

-10,031

-14,065

-13,791

-13,129

-19,698

-23,149

-25,193

-15,775

-11,999

-173,811

-8,267

-17,088

356,488

-11,319

-3,167

-5,939

Net Income (Loss) Attributable to Noncontrolling Interest

-1,197

-217

-285

-1,910

-853

-126

-115

-439

-631

-541

-2,793

-5,137

-7,786

-4,567

-3,612

-51,071

-4,148

-5,108

-3,424

0

0

0

Net loss attributable to common shareholders of Evolent Health, Inc.

-198,096

-25,521

-31,615

-46,739

-16,687

-12,429

-9,916

-13,626

-13,160

-12,588

-16,905

-18,012

-17,407

-11,208

-8,387

-122,740

-4,119

-11,980

359,912

-11,319

-3,167

-5,939

Basic

-

-

-

-

-

-

-

-

-

-12,588

-16,905

-18,012

-

-11,208

-8,387

-122,740

-4,119

-11,980

359,018

-12,609

-5,196

-7,210

Diluted

-

-

-

-

-

-

-

-

-

-12,588

-16,905

-18,012

-

-11,208

-8,387

-122,740

-12,085

-11,980

356,488

-12,609

-5,196

-7,210

Loss per common share
Basic and diluted (in dollars per share)

-2.40

-0.30

-0.38

-0.59

-0.21

-0.16

-0.13

-0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.18

-0.28

-0.34

-

-0.26

-0.20

-2.91

-8.04

-0.29

25.69

-4.22

-2.07

-3.17

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.18

-0.28

-0.34

-

-0.26

-0.20

-2.91

1.71

-0.29

9.73

-4.22

-2.07

-3.17

Weighted-average common shares outstanding
Weighted Average Number of Shares Outstanding, Basic and Diluted

84,013

83,819

82,289

79,335

78,769

77,999

77,209

75,375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

-

-

-

-

-

-

-

-

-

70,328

59,478

52,599

-

43,110

42,594

42,185

42,084

41,468

13,976

2,988

2,506

2,272

Diluted (in shares)

-

-

-

-

-

-

-

-

-

70,328

59,478

52,599

-

43,110

42,594

42,185

103,445

41,468

36,643

2,988

2,506

2,272

Comprehensive loss
Net loss

-199,293

-25,738

-31,900

-48,649

-17,540

-12,555

-10,031

-14,065

-13,791

-13,129

-19,698

-23,149

-

-

-

-

-

-

-

-

-

-

Other comprehensive loss, net of taxes, related to:
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax

-19

-68

11

24

82

-116

-148

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Total comprehensive loss

-199,312

-25,806

-31,889

-48,625

-17,458

-12,671

-10,179

-14,065

-13,791

-13,129

-19,698

-23,149

-

-

-

-

-

-

-

-

-

-

Total comprehensive loss attributable to non-controlling interests

-1,197

-217

-285

-1,910

-853

-126

-115

-439

-631

-541

-2,793

-5,137

-

-

-

-

-

-

-

-

-

-

Total comprehensive loss attributable to common shareholders of Evolent Health, Inc.

-198,115

-25,589

-31,604

-46,715

-16,605

-12,545

-10,064

-13,626

-13,160

-12,588

-16,905

-18,012

-

-

-

-

-

-

-

-

-

-

Transformation services
Revenue from Contract with Customer, Excluding Assessed Tax

4,722

5,184

1,944

3,353

8,966

9,230

8,215

6,505

5,666

8,204

5,361

10,235

12,061

7,757

10,388

8,114

10,420

6,783

2,703

0

0

0

Platform and operations services
Revenue from Contract with Customer, Excluding Assessed Tax

196,186

171,438

144,522

147,292

158,932

118,094

113,346

109,818

108,063

99,708

101,710

96,003

75,950

52,453

46,130

41,335

35,638

33,623

7,711

0

0

0

Premiums
Revenue from Contract with Customer, Excluding Assessed Tax

35,617

43,521

45,493

47,111

25,206

22,623

22,737

23,391

0

0

0

0

-

-

-

-

-

-

-

-

-

-