Financial Snapshot

Revenue
$1.477B
TTM
Gross Margin
-2.91%
TTM
Net Earnings
-$102.7M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
53.06%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$263.9M
Q3 2024
Cash
Q3 2024
P/E
-0.8106
Nov 29, 2024 EST
Free Cash Flow
-$68.55M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.266B $1.049B $637.4M $485.5M $145.9M $87.70M
YoY Change 20.67% 64.66% 31.27% 232.8% 66.36%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.266B $1.049B $637.4M $485.5M $145.9M $87.70M
Cost Of Revenue $1.235B $1.057B $659.3M $485.5M $141.4M $92.48M
Gross Profit $31.64M -$7.753M -$21.98M $28.15K $4.452M -$4.785M
Gross Profit Margin 2.5% -0.74% -3.45% 0.01% 3.05% -5.46%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $125.6M $162.4M $119.4M $54.89M $37.23M $30.41M
YoY Change -22.65% 35.99% 117.53% 47.46% 22.4%
% of Gross Profit 397.01% 195001.67% 836.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $86.68M $2.400M $8.724M $795.2K $399.2K $342.2K
YoY Change 3511.46% -72.49% 997.12% 99.2% 16.65%
% of Gross Profit 273.98% 2824.76% 8.97%
Operating Expenses $199.6M $2.610B $166.0M $35.15M $43.99M $44.93M
YoY Change -92.35% 1472.82% 372.19% -20.09% -2.1%
Operating Profit -$167.9M -$1.561B -$187.9M -$35.12M -$39.54M -$49.71M
YoY Change -89.24% 730.51% 435.14% -11.17% -20.47%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$15.99M -$11.40M -$11.00M -$9.970M -$3.479M $44.24K
YoY Change 40.17% 3.68% 10.32% 186.57% -7964.24%
% of Operating Profit
Other Income/Expense, Net $184.0K $1.218M -$5.393M -$290.7K $97.96K -$103.7K
YoY Change -84.89% -122.58% 1755.38% -396.73% -194.43%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$183.7M -$1.560B -$204.3M -$45.38M -$42.92M -$49.77M
YoY Change -88.22% 663.29% 350.27% 5.74% -13.78%
Income Tax $2.695M $1.862M $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$57.77M -$270.1M -$156.5M -$41.07M -$35.01M -$43.80M
YoY Change -78.61% 72.63% 280.97% 17.32% -20.07%
Net Earnings / Revenue -4.56% -25.74% -24.55% -8.46% -24.0% -49.95%
Basic Earnings Per Share -$0.61 -$6.50
Diluted Earnings Per Share -$0.61 -$6.50 -$3.763M -$168.6K -$143.7K -$179.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $36.32M $17.54M $140.5M $36.26M $32.59M
YoY Change 107.1% -87.52% 287.41% 11.26%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $8.227M $3.563M $7.315M $8.835M $1.345M
YoY Change 130.9% -51.29% -17.2% 556.82%
Inventory
Prepaid Expenses
Receivables $118.5M $72.91M $51.34M $39.11M $17.97M
Other Receivables $2.973M $6.678M $726.9K $146.1K $450.8K
Total Short-Term Assets $166.0M $100.7M $199.9M $84.35M $52.35M
YoY Change 64.88% -49.62% 136.95% 61.11%
Property, Plant & Equipment $8.686M $8.839M $15.07M $10.88M $8.814M
YoY Change -1.73% -41.34% 38.51% 23.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.53M $15.99M
YoY Change 22.15%
Total Long-Term Assets $695.0M $775.9M $2.164B $15.55M $13.25M
YoY Change -10.43% -64.15% 13813.86% 17.39%
Total Assets $861.0M $876.6M $2.364B $99.90M $65.61M
YoY Change
Accounts Payable $219.0M $174.8M $15.64M $70.68M $24.80M
YoY Change 25.3% 1017.13% -77.87% 185.01%
Accrued Expenses $80.41M $66.91M $55.00M $8.056M $24.46M
YoY Change 20.18% 21.65% 582.72% -67.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $3.579M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $46.10K $89.99K $1.629M
YoY Change -100.0% -48.77% -94.48%
Total Short-Term Liabilities $299.4M $241.7M $198.8M $90.62M $54.57M
YoY Change 23.88% 21.58% 119.36% 66.04%
Long-Term Debt $108.3M $94.42M $80.00M $45.39M $15.00M
YoY Change 14.72% 18.03% 76.26% 202.59%
Other Long-Term Liabilities $19.61M $17.83M $21.17M $9.951M $4.406M
YoY Change 10.02% -15.78% 112.7% 125.85%
Total Long-Term Liabilities $127.9M $112.2M $101.2M $55.34M $19.41M
YoY Change 13.97% 10.95% 82.81% 185.16%
Total Liabilities $718.8M $870.7M $2.091B $127.8M $60.10M
YoY Change -17.44% -58.35% 1536.22% 112.59%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 94.89M shares 41.58K
Diluted Shares Outstanding 294.6M shares 41.58K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $83.246 Million

About P3 Health Partners Inc.

P3 Health Partners, Inc. is a population health care management company, which engages in the provision of professional support services to doctors and clinicians. The company is headquartered in Chicago, Illinois and currently employs 400 full-time employees. The company went IPO on 2021-02-10. The firm supports primary care providers with value-based care coordination and administrative services that improve patient outcomes and lower costs. Through partnerships with these local providers, it creates an enhanced patient experience by navigating, coordinating, and integrating the patient’s care within the healthcare system. Its technology platform, P3 Technology/Health Hub, enables physicians, care teams, patients and their family members to engage in the care journey. P3 Technology/Health Hub integrates clinical and claims data from more than 250 disparate data points each month from payors, outpatient and inpatient facilities and other ancillary care settings. The company has a network of more than 2,800 affiliated primary care providers across the country. Its local teams of health care professionals manage the care of thousands of patients in 23 counties across five states.

Industry: Services-Health Services Peers: 23andMe Holding Co. CROSS COUNTRY HEALTHCARE INC CVS HEALTH Corp OPKO HEALTH, INC. Fulgent Genetics, Inc. Hims & Hers Health, Inc. ModivCare Inc RadNet, Inc.