Evolent Health Inc (FRA:9EH)
€ 2.56 -0.10 (-3.76%) Market Cap: 349.41 Mil Enterprise Value: 1.09 Bil PE Ratio: 0 PB Ratio: 0.84 GF Score: 65/100

Q4 2024 Evolent Health Inc Earnings Call Transcript

Feb 20, 2025 / 10:00 PM GMT
Release Date Price: €10 (+4.17%)

Key Points

Positve
  • Evolent Health Inc (EVH) reported a 30% revenue growth in 2024, reaching $2.55 billion.
  • The company secured $115 million in projected adjusted EBITDA improvement through renegotiated contracts.
  • Evolent Health Inc (EVH) achieved a 100% logo renewal rate for its top customers in 2024.
  • The company extended its contract with Centene, reflecting confidence in their partnership.
  • Evolent Health Inc (EVH) is investing in automation and efficiencies, expecting over $50 million in annual cost improvements once fully ramped up.
Negative
  • Adjusted EBITDA for 2024 was at the low end of guidance due to elevated oncology expenses.
  • The company anticipates a $10 million drag on 2025 adjusted EBITDA due to one-time investments in AI-based automation.
  • Evolent Health Inc (EVH) projects a 12% increase in oncology costs for 2025, higher than historical trends.
  • The company faces a $25 million headwind from elevated oncology trends in 2025.
  • Cash used in operations was $26.2 million in Q4 2024, driven by working capital needs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EVH.N - Evolent Health Inc
Q4 2024 Evolent Health Inc Earnings Call
Feb 20, 2025 / 10:00PM GMT

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Presentation
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Welcome to the Evelyn Earnings conference call for the 4th quarter and year ending December 31, 2024. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1 on your telephone keypad. To withdraw your question, please press star, then 2. As a reminder, this conference call is being recorded.

Your hosts for the call today from Evelyn are Seth Blackley, Chief Executive Officer, and John Johnson, Chief Financial Officer. This call will be archived and available later this evening and for the next week via the webcast on
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