2017 Q4 Form 10-Q Financial Statement

#000133349317000138 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $83.12M $31.47M $28.64M
YoY Change 7.37% 9.86% -25.07%
Cost Of Revenue $400.0K -$9.000K $30.00K
YoY Change 0.0% -130.0% -93.23%
Gross Profit $82.80M $31.48M $28.61M
YoY Change 91.22% 10.01% -24.27%
Gross Profit Margin 99.62% 100.03% 99.9%
Selling, General & Admin $61.10M $46.90M $38.80M
YoY Change 2.0% 20.88% 12.14%
% of Gross Profit 73.79% 149.01% 135.61%
Research & Development $8.354M $8.257M
YoY Change 1.17% 2.75%
% of Gross Profit 26.54% 28.86%
Depreciation & Amortization $1.290M $699.0K $815.0K
YoY Change -3.01% -14.23% -35.83%
% of Gross Profit 1.56% 2.22% 2.85%
Operating Expenses $61.30M $8.354M $8.257M
YoY Change 1.83% 1.17% 2.75%
Operating Profit $20.80M -$15.67M -$10.08M
YoY Change 24.26% 55.52% -444.55%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit 0.0%
Other Income/Expense, Net $300.0K $300.0K $7.000K
YoY Change 200.0% 4185.71% -125.93%
Pretax Income $21.10M -$15.37M -$6.909M
YoY Change -226.35% 122.51% -338.41%
Income Tax $22.50M -$13.20M -$1.173M
% Of Pretax Income 106.64%
Net Earnings $28.03M -$2.176M $3.448M
YoY Change -829.14% -163.11% -5.14%
Net Earnings / Revenue 33.72% -6.92% 12.04%
Basic Earnings Per Share $1.50 -$0.12 $0.19
Diluted Earnings Per Share $1.47 -$0.12 $0.19
COMMON SHARES
Basic Shares Outstanding 18.62M shares 18.57M shares 18.33M shares
Diluted Shares Outstanding 18.57M shares 18.33M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.30M $51.40M $67.30M
YoY Change -34.79% -23.63% 8.55%
Cash & Equivalents $40.29M $51.38M $67.27M
Short-Term Investments
Other Short-Term Assets $4.300M $7.600M $6.000M
YoY Change -15.69% 26.67% -22.08%
Inventory
Prepaid Expenses
Receivables $1.475M $13.02M $7.613M
Other Receivables $0.00 $3.500M $7.200M
Total Short-Term Assets $155.7M $72.04M $80.85M
YoY Change -9.73% -10.89% 2.99%
LONG-TERM ASSETS
Property, Plant & Equipment $4.705M $4.961M $6.104M
YoY Change -16.1% -18.73% -24.56%
Goodwill $14.10M $14.10M $14.10M
YoY Change 0.0% 0.0% 0.0%
Intangibles $7.540M $7.800M $8.840M
YoY Change -12.12% -11.76% -10.53%
Long-Term Investments
YoY Change
Other Assets $7.287M $5.265M $4.348M
YoY Change 91.41% 21.09% -1.61%
Total Long-Term Assets $203.4M $32.12M $33.39M
YoY Change 9.85% -3.79% -8.49%
TOTAL ASSETS
Total Short-Term Assets $155.7M $72.04M $80.85M
Total Long-Term Assets $203.4M $32.12M $33.39M
Total Assets $359.1M $104.2M $114.2M
YoY Change 0.4% -8.82% -0.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.246M $3.560M $2.332M
YoY Change -36.5% 52.66% 12.71%
Accrued Expenses $2.008M $13.10M $10.70M
YoY Change 21.84% 22.43% -16.41%
Deferred Revenue $385.0K
YoY Change -54.76%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $25.45M $23.67M $18.36M
YoY Change -1.14% 28.94% -18.04%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $104.0K $1.300M $3.300M
YoY Change -15.45% -60.61% -43.1%
Total Long-Term Liabilities $1.920M $1.313M $3.275M
YoY Change -54.86% -59.91% -43.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.45M $23.67M $18.36M
Total Long-Term Liabilities $1.920M $1.313M $3.275M
Total Liabilities $27.37M $24.98M $21.63M
YoY Change -8.76% 15.49% -23.33%
SHAREHOLDERS EQUITY
Retained Earnings $204.7M $161.0K $21.32M
YoY Change 14.18% -99.24% -1.13%
Common Stock $30.00K $30.00K $29.00K
YoY Change 3.45% 3.45% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $200.0M $200.0M $200.0M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 11.24M shares
Shareholders Equity $286.7M $79.18M $92.60M
YoY Change
Total Liabilities & Shareholders Equity $359.1M $104.2M $114.2M
YoY Change 0.4% -8.82% -0.65%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $28.03M -$2.176M $3.448M
YoY Change -829.14% -163.11% -5.14%
Depreciation, Depletion And Amortization $1.290M $699.0K $815.0K
YoY Change -3.01% -14.23% -35.83%
Cash From Operating Activities -$10.13M -$12.87M $1.520M
YoY Change 115.53% -946.71% -86.08%
INVESTING ACTIVITIES
Capital Expenditures -$1.090M -$1.220M -$850.0K
YoY Change 94.64% 43.53% -6.59%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$1.090M -$1.220M -$850.0K
YoY Change 94.64% 43.53% -6.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 130.0K -590.0K -120.0K
YoY Change -159.09% 391.67% -166.67%
NET CHANGE
Cash From Operating Activities -10.13M -12.87M 1.520M
Cash From Investing Activities -1.090M -1.220M -850.0K
Cash From Financing Activities 130.0K -590.0K -120.0K
Net Change In Cash -11.09M -14.68M 550.0K
YoY Change 102.37% -2769.09% -94.6%
FREE CASH FLOW
Cash From Operating Activities -$10.13M -$12.87M $1.520M
Capital Expenditures -$1.090M -$1.220M -$850.0K
Free Cash Flow -$9.040M -$11.65M $2.370M
YoY Change 118.36% -591.56% -79.97%

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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3165000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3988000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5148000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7644000 USD
CY2016Q3 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
200000 USD
us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
600000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
60000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
179000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5608000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4961000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
64000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
80000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
-139000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4616000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
161000 USD
CY2016Q3 us-gaap Revenues
Revenues
32079000 USD
us-gaap Revenues
Revenues
143200000 USD
CY2017Q3 us-gaap Revenues
Revenues
26619000 USD
us-gaap Revenues
Revenues
133515000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5356000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6948000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
77601000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
79181000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
10663888 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
199998000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
199998000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-1400000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-2000000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18329000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18323000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18565000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18473000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18329000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18247000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18565000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18473000 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Description of Business&#8212;</font><font style="font-family:inherit;font-size:10pt;">eHealth, Inc. (the &#8220;Company,&#8221; &#8220;eHealth,&#8221; &#8220;we&#8221; or &#8220;us&#8221;) is a leading private health insurance exchange for individuals, families and small businesses in the United States. Through our website addresses (</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">www.eHealth.com</font><font style="font-family:inherit;font-size:10pt;">, &#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">www.eHealthInsurance.com</font><font style="font-family:inherit;font-size:10pt;">, &#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">www.eHealthMedicare.com, www.Medicare.com</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">www.PlanPrescriber.com)</font><font style="font-family:inherit;font-size:10pt;">, consumers can get quotes from leading health insurance carriers, compare plans side-by-side, and apply for and purchase Medicare-related, individual and family, small business and ancillary health insurance plans. We actively market the availability of Medicare-related insurance plans and offer Medicare plan comparison tools and educational materials for Medicare-related insurance plans, including Medicare Advantage, Medicare Supplement and Medicare Part D prescription drug plans. Our ecommerce technology also enables us to deliver consumers&#8217; health insurance applications electronically to health insurance carriers. We are licensed to market and sell health insurance in all </font><font style="font-family:inherit;font-size:10pt;">50</font><font style="font-family:inherit;font-size:10pt;"> states and the District of Columbia.&#160;</font></div></div>

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0001333493-17-000138.txt Edgar Link pending
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ehth-20170930.xml Edgar Link completed
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ehth-20170930_cal.xml Edgar Link unprocessable
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