PRVA Q1 2024 Earnings — Privia Health Group, Inc. Revenue & Financial Results | Market Cap Arena

PRVAPrivia Health Group, Inc.

$3B

Q1 2024 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$415M+7.5% YoY

Gross Profit

$41M9.8% margin

Operating Income

$823,0000.2% margin

Net Income

$3M0.7% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

-$33M

Free Cash Flow

-$38M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$409M

Stockholders' Equity

$577M

Cash & Equivalents

$351M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$415M	$386M	+7.5%
Gross Profit	$41M	$39M	+4.0%
Operating Income	$823,000	$7M	-87.7%
Net Income	$3M	$7M	-59.3%

Revenue Segments

FFS-Patient Care

$275M66%

Capitated Revenue

$51M12%

Shared Savings

$47M11%

FFS-Administrative Services

$29M7%

Care Management Fee (PMPM)

$11M3%

Other Revenue

$2M0%