The company has not filed an annual or quarterly report since its Q2 FY2019 10-Q, filed Aug 8, 2019. Its latest SEC filing is a SC 13G/A from Feb 14, 2020.
10-Q for Q2 FY2019, filed Aug 8, 2019
The sections below describe the company as of the FY2018 annual report.
Administers pre-tax health and commuter benefit programs and continuation-of-coverage services for employers and their employees.
10-K for FY2018, filed May 30, 2019We are a leader in administering Consumer-Directed Benefits (“CDBs”) which empower employees to lower their tax expense and provide…View ↗
We offer COBRA continuation services to employer clients to meet the employer’s obligation to make available continuation of coverage for…View ↗
Commuter ProgramsView ↗
Employers pay monthly administration fees based on participant levels; WageWorks typically bills for services during the month they are provided. It also receives fees from financial institutions when employees use prepaid benefit cards.
10-K for FY2018, filed May 30, 2019Healthcare and commuter programs include revenues generated from the monthly administration services based on employee participant levels…View ↗
Within our Healthcare and Commuter service lines, we have determined that our administration services are a single continuous service…View ↗
We also recognize revenues that are generated from the use of debit cards used by employee participants related to the distribution…View ↗
We price our services based on a number of variables including but not limited to the estimated number and types of claims, whether payment…View ↗
$472.2M
10-K for FY2018, filed May 30, 2019
$472.2M ↗
Employers buy programs directly from WageWorks or through carriers, channel partners, private exchanges, brokers and other third parties that refer or resell them. Direct sales target large companies.
10-K for FY2018, filed May 30, 2019We sell our CDB programs to our employer clients through direct and indirect sales channels. Each of these approaches targets a distinct…View ↗
Our direct sales force targets Fortune 1000 companies, which we refer to as enterprise clients, and generates new large account…View ↗
Our channel partnerships usually involve an existing provider agreeing to transition its CDB clients to us over a defined period of time…View ↗
Yes. It kept 5 cents of every revenue dollar as net income in FY2018 and turned 31 cents into free cash flow.
10-K for FY2018, filed May 30, 2019
10-K for FY2018, filed May 30, 2019
$44.4MView ↗
10-K for FY2018, filed May 30, 2019
$26MView ↗
10-K for FY2018, filed May 30, 2019
$145.1MView ↗
8-K, filed Aug 30, 2019
DRAPER, UT, (Globe Newswire) August 30, 2019 – HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company") today completed its…View ↗
Grew. Revenue grew 76% in 4 years, from $267.8M in FY2014 to $472.2M in FY2018, about 15% a year.
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