Last10K.com

Ehealth, Inc. (EHTH) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Ehealth, Inc.

HISTORY TOOLS
CIK: 1333493 Ticker: EHTH




Exhibit 99.1
eHealth, Inc. Announces Fourth Quarter and Fiscal 2015 Results

Fourth Quarter 2015 Overview
•
Revenue for fourth quarter of $50.1 million, an increase of 11% compared to the fourth quarter of 2014, and revenue for 2015 of $189.5 million, an increase of 5% compared to 2014.
•
GAAP net loss for fourth quarter of $12.1 million compared to GAAP net loss of $19.2 million for the fourth quarter of 2014, and GAAP net loss for 2015 of $4.8 million compared to GAAP net loss of $16.2 million for 2014.
•
Adjusted EBITDA for fourth quarter of $(9.5) million compared to adjusted EBITDA of $(12.9) million for the fourth quarter of 2014, and adjusted EBITDA for 2015 of $11.1 million compared to adjusted EBITDA of $4.8 million for 2014.
•
Cash flow from operations for fourth quarter was an inflow of $1.2 million compared to an outflow of $4.1 million in the fourth quarter of 2014, and cash flow from operations for 2015 was an inflow of $13.7 million compared to an inflow of $1.8 million for 2014.
•
Total estimated members increased 2% compared to the fourth quarter of 2014.
•
Submitted applications for Medicare Advantage products increased 23% compared to the fourth quarter of 2014, and for 2015 increased 49% compared to 2014.
•
Submitted applications for Individual & Family Plan products increased 14% compared to the fourth quarter of 2014, and for 2015 decreased 5% compared to 2014.

MOUNTAIN VIEW, Calif.-February 23, 2016-eHealth, Inc. (NASDAQ: EHTH), the nation’s first and largest private health insurance exchange, announced today its financial results for the fourth quarter and fiscal year ended December 31, 2015.

Gary Lauer, chief executive officer of eHealth stated, “Our 2015 financial results reflect successful execution of the company’s growth strategy in the Medicare market and our decision to manage the Individual & Family Plan business for profitability and cash flow generation. Our 2015 results and the outlook for 2016 also illustrate how fast we are changing our mix of business.”

GAAP - Fourth Quarter 2015 Results

Revenue-Revenue for the fourth quarter of 2015 totaled $50.1 million, an 11% increase compared to revenue of $45.0 million for the fourth quarter of 2014. Commission revenue for the fourth quarter of 2015 totaled $41.1 million, a 7% increase compared to commission revenue of $38.4 million for the fourth quarter of 2014. Medicare commission revenue was $14.5 million for the fourth quarter of 2015, a 32% increase compared to Medicare commission revenue of $10.9 million for the fourth quarter of 2014.

Loss from Operations-Operating loss for the fourth quarter of 2015 was $12.4 million, compared to operating loss of $13.8 million for the fourth quarter of 2014. Operating margins were (25)% and (31)% in the fourth quarters of 2015 and 2014, respectively.

Pre-tax Loss-Pre-tax loss for the fourth quarter of 2015 was $12.3 million, compared to pre-tax loss of $13.8 million for the fourth quarter of 2014.

Provision (Benefit) for Income Taxes-Benefit for income taxes was $(0.2) million for the fourth quarter of 2015 compared to a provision for income taxes of $5.4 million for the fourth quarter of 2014. Non-cash charges of approximately $11.5 million were recorded during the fourth quarter of 2014 to establish a valuation allowance against deferred tax assets.

Net Loss-Net loss for the fourth quarter of 2015 was $12.1 million, or $(0.67) per diluted share, compared to a net loss of $19.2 million, or $(1.08) per diluted share for the fourth quarter of 2014. The results for the fourth quarter of 2014 included a valuation allowance against deferred tax assets of $11.5 million, or $(0.65) per diluted share.

Non-GAAP - Fourth Quarter 2015 Results



The following information was filed by Ehealth, Inc. (EHTH) on Tuesday, February 23, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Ehealth, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Ehealth, Inc..

Continue

Assess how Ehealth, Inc.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Ehealth, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Stockholders' Equity
Balance Sheet Accounts
Balance Sheet Accounts (narrative) (details)
Balance Sheet Accounts (schedule Of Accounts Receivable) (details)
Balance Sheet Accounts (schedule Of Cash And Cash Equivalents) (details)
Balance Sheet Accounts (schedule Of Intangible Asset Future Amortization Expense) (details)
Balance Sheet Accounts (schedule Of Intangible Assets) (details)
Balance Sheet Accounts (schedule Of Non-current Liabilities) (details)
Balance Sheet Accounts (schedule Of Other Assets) (details)
Balance Sheet Accounts (schedule Of Other Current Liabilities) (details)
Balance Sheet Accounts (schedule Of Prepaid Expenses And Other Current Assets) (details)
Balance Sheet Accounts (schedule Of Property And Equipment) (details)
Balance Sheet Accounts (tables)
Commitments And Contingencies
Commitments And Contingencies (narrative) (details)
Commitments And Contingencies (schedule Of Future Minimum Obligations) (details)
Commitments And Contingencies (tables)
Fair Value Measurements
Fair Value Measurements Fair Value Measurements (tables)
Income Taxes
Income Taxes (income Tax Rate Reconciliation Schedule) (details)
Income Taxes (narrative) (details)
Income Taxes (reconciliation Of Unrecognized Tax Benefits Schedule) (details)
Income Taxes (schedule Of Components Of Pre-tax Income) (details)
Income Taxes (schedule Of Current And Deferred Income Taxes) (details)
Income Taxes (schedule Of Deferred Tax Assets, Net) (details)
Income Taxes (tables)
Net Income (loss) Per Share
Net Income (loss) Per Share (schedule Of Anti-dilutive Shares Excluded From Computation Of Net Income Per Share) (details)
Net Income (loss) Per Share (schedule Of Computation Of Basic And Diluted Net Income Per Share) (details)
Net Income (loss) Per Share (tables)
Operating Segments, Geographic Information And Significant Customers
Operating Segments, Geographic Information And Significant Customers (details)
Operating Segments, Geographic Information And Significant Customers (schedule Of Long-lived Assets By Geographical Area) (details)
Operating Segments, Geographic Information And Significant Customers (schedule Of Revenue By Major Customers) (details)
Operating Segments, Geographic Information And Significant Customers (tables)
Restructuring Charges
Restructuring Charges (liability Activities) (details)
Restructuring Charges (narrative) (details)
Restructuring Charges (restructuring Activities) (details)
Restructuring Charges (tables)
Selected Quarterly Financial Data (details)
Selected Quarterly Financial Data (tables)
Selected Quarterly Financial Data (unaudited)
Stockholders' Equity
Stockholders' Equity (narrative) (details)
Stockholders' Equity (schedule Of Fair Value Of Stock Options, Valuation Assumptions) (details)
Stockholders' Equity (schedule Of Option Activity Under Stock Plans) (details)
Stockholders' Equity (schedule Of Restricted Stock Unit Activity Under Stock Plans) (details)
Stockholders' Equity (schedule Of Shares Reserved) (details)
Stockholders' Equity (schedule Of Stock Plan Activity) (details)
Stockholders' Equity (schedule Of Stock Repurchase Activity Under Stock Repurchase Programs) (details)
Stockholders' Equity (schedule Of Stock-based Compensation Expense By Operating Function) (details)
Stockholders' Equity (schedule Of Stock-based Compensation Expense) (details)
Stockholders' Equity (tables)
Summary Of Business And Significant Accounting Policies
Summary Of Business And Significant Accounting Policies (narrative) (details)
Summary Of Business And Significant Accounting Policies (policy)
Summary Of Business And Significant Accounting Policies (schedule Of Property And Equipment Useful Life) (details)
Summary Of Business And Significant Accounting Policies (tables)
Ticker: EHTH
CIK: 1333493
Form Type: 10-K Annual Report
Accession Number: 0001333493-16-000078
Submitted to the SEC: Mon Mar 14 2016 3:33:46 PM EST
Accepted by the SEC: Mon Mar 14 2016
Period: Thursday, December 31, 2015
Industry: Insurance Agents Brokers And Service

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/ehth/0001333493-16-000078.htm