ALHC Q1 2024 Earnings — Alignment Healthcare, Inc. Revenue & Financial Results | Market Cap Arena

ALHCAlignment Healthcare, Inc.

$4B

Q1 2024 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$629M+43.1% YoY

Gross Profit

$55M8.8% margin

Operating Income

-$41M-6.5% margin

Net Income

-$47M-7.4% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+35.1%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$17M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$633M

Total Liabilities

$501M

Stockholders' Equity

$131M

Cash & Equivalents

$239M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$629M	$439M	+43.1%
Gross Profit	$55M	$43M	+29.3%
Operating Income	-$41M	-$32M	-26.5%
Net Income	-$47M	-$37M	-24.8%