Claritev Corporation (CTEV)

Claritev Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	927.45	930.62	961.52	1,080	1,118	937.76
Revenue Growth (YoY)	-3.33%	-3.21%	-10.95%	-3.39%	19.18%	-4.59%
Cost of Revenue	239.76	239.4	235.47	204.1	175.29	318.68
Gross Profit	687.68	691.22	726.06	875.62	942.31	619.09
Selling, General & Admin	175.99	160.22	135.99	132.14	141.45	323.15
Operating Expenses	611.62	592.29	556.01	541.44	546.54	718.42
Operating Income	76.06	98.93	170.05	334.18	395.77	-99.33
Interest Expense	-335.81	-326.37	-333.21	-303.4	-267.48	-335.64
Interest & Investment Income	2.69	3.13	8.23	3.79	0.06	0.29
Other Non Operating Income (Expenses)	-71.38	-63.45	1.97	67.05	32.6	35.42
EBT Excluding Unusual Items	-328.43	-287.76	-152.96	101.62	160.94	-399.26
Merger & Restructuring Charges	-	-	-8.06	-34.69	-9.65	-32.49
Impairment of Goodwill	-909.46	-1,426	-	-657.92	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	-12.17
Asset Writedown	-60.35	-63	-	-4.3	-	-
Other Unusual Items	-0.67	5.91	53.97	34.55	-15.84	-102.99
Pretax Income	-1,299	-1,771	-107.06	-560.74	135.45	-546.91
Income Tax Expense	-121.45	-124.88	-15.36	12.17	33.37	-26.34
Net Income	-1,177	-1,646	-91.7	-572.91	102.08	-520.56
Net Income to Common	-1,177	-1,646	-91.7	-572.91	102.08	-520.56
Shares Outstanding (Basic)	16	16	16	16	16	12
Shares Outstanding (Diluted)	16	16	16	16	16	12
Shares Change (YoY)	0.00%	0.12%	0.97%	-1.93%	38.39%	13.25%
EPS (Basic)	-72.79	-101.92	-5.69	-35.87	6.27	-44.23
EPS (Diluted)	-74.85	-101.92	-5.69	-36.00	6.27	-44.40
Free Cash Flow	-98.6	-10.51	62.87	282.63	320.1	306.56
Free Cash Flow Per Share	-6.09	-0.65	3.90	17.69	19.65	26.05
Gross Margin	74.15%	74.28%	75.51%	81.10%	84.31%	66.02%
Operating Margin	8.20%	10.63%	17.69%	30.95%	35.41%	-10.59%
Profit Margin	-126.96%	-176.85%	-9.54%	-53.06%	9.13%	-55.51%
Free Cash Flow Margin	-10.63%	-1.13%	6.54%	26.18%	28.64%	32.69%
EBITDA	511.69	531.01	590.06	743.47	800.86	295.94
EBITDA Margin	55.17%	57.06%	61.37%	68.86%	71.66%	31.56%
D&A For EBITDA	435.63	432.07	420.02	409.29	405.1	395.27
EBIT	76.06	98.93	170.05	334.18	395.77	-99.33
EBIT Margin	8.20%	10.63%	17.69%	30.95%	35.41%	-10.59%
Effective Tax Rate	-	-	-	-	24.64%	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.