MSP Recovery, Inc. (MSPR)

NASDAQ: MSPR · Real-Time Price · USD
1.880
+0.130 (7.43%)
At close: Dec 24, 2024, 4:00 PM
1.840
-0.040 (-2.13%)
Pre-market: Dec 26, 2024, 7:42 AM EST
7.43%
Market Cap 12.90M
Revenue (ttm) 10.73M
Net Income (ttm) -97.32M
Shares Out 6.86M
EPS (ttm) -138.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 168,183
Open 1.810
Previous Close 1.750
Day's Range 1.760 - 1.900
52-Week Range 1.430 - 66.000
Beta -2.38
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About MSPR

MSP Recovery, Inc., doing business as LifeWallet, operates as a healthcare recovery and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights. It also provides LifeWallet, a scalable and expandable data ecosystem where tokenized data is stored in a platform with multiple applications, including LifeWallet EHR for hospitals, medical providers, major medical laboratories, and governme... [Read more]

Industry Insurance
Sector Financials
Founded 2014
Employees 88
Stock Exchange NASDAQ
Ticker Symbol MSPR
Full Company Profile

Financial Performance

In 2023, MSP Recovery's revenue was $2.71 million, a decrease of -88.45% compared to the previous year's $23.42 million. Losses were -$56.35 million, 659.7% more than in 2022.

Financial Statements

News

MSP Recovery, Inc. D/B/A LifeWallet, Begins Trading Today Under New NASDAQ Ticker Symbol LIFW

CORAL GABLES, Fla., Jan. 03, 2023 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. D/B/A LifeWallet (“LifeWallet”, or “the Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery...

2 years ago - GlobeNewsWire

MSP Recovery, Now Doing Business as LifeWallet, Entered into a Term Sheet for the Monetization of a Portion of Its Company-owned Assignor Interests as a New Source of Monetization for $275 Million, and Payment of $48 Million in Servicing Fees for 2023

CORAL GABLES, Fla., Jan. 02, 2023 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSPR”, “MSP Recovery”, the “Company,” or “LIFW”), which recently announced that it will begin doing business a...

2 years ago - GlobeNewsWire

MSP Recovery Announces It Will Be Rebranding From MSP Recovery to Its Nationally Recognized Brand, “LifeWallet”

CORAL GABLES, Fla., Dec. 22, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (“MSP” or the “Company”) (NASDAQ: MSPR) (NASDAQ: MSPRW), a Medicare, Medicaid, commercial, and secondary payer reimbursement re...

2 years ago - GlobeNewsWire

MSP Recovery, Inc. (MSPR) Q3 2022 Earnings Call Transcript

MSP Recovery, Inc. (NASDAQ:MSPR) Q3 2022 Results Conference Call November 9, 2022 8:00 AM ET Company Participants Alexandra Plasencia - General Counsel John Ruiz - Founder and CEO Chris Miranda - Chi...

2 years ago - Seeking Alpha

MSP Recovery Announces Fiscal Third Quarter 2022 Financial Results

Recognized Gain on Debt Extinguishment of $63 Million During the Quarter  Paid Value of Potentially Recoverable Claims Grew to $89.2 Billion During the Quarter  Increase in Total Claims Recovery Incom...

2 years ago - GlobeNewsWire

MSP Recovery Expands Partnership with Tokenology Labs to Include Development of Multiple Blockchain Initiatives

CORAL GABLES, Fla., Oct. 27, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSPR”, “MSP Recovery” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement r...

2 years ago - GlobeNewsWire

MSP Recovery to Report Third Quarter 2022 Results on Wednesday, November 9, 2022

CORAL GABLES, Fla., Oct. 23, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, LLC, a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced that the Co...

2 years ago - GlobeNewsWire

MSP Recovery Announces Licensing Agreement With a New Client for a $7.5 Million Fee and Prospective Annual Fees of $1 Million, as Well as an Amendment to an Existing Agreement and a New Warrant Agreement With Brickell Key Investments LP That Exchanges Deb

CORAL GABLES, Fla., Oct. 13, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSPR”, “MSP Recovery” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement r...

2 years ago - GlobeNewsWire

MSP Recovery Announces Continued Portfolio Growth, Initial Payments in Response to Claim Demand Packages on Property and Casualty Claims Averaging 284% of Paid Value of Potentially Recoverable Claims, and Expansion of LifeWallet Platform With the Launch o

CORAL GABLES, Fla., Sept. 22, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (“MSP Recovery” or “MSPR”) today provided a business update.

2 years ago - GlobeNewsWire

MSP Recovery, Which Also Powers LifeWallet, Announces it Has Grown From Eleven Thousand (11,000) Unique Healthcare Member Lives in 2014, to More Than 34 Million Unique Healthcare Member Lives, as Well as Significant Advancements in Its Technological Capab

CORAL GABLES, Fla., Aug. 22, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSP Recovery” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery ...

2 years ago - GlobeNewsWire

MSP Recovery, Inc. (MSPR) CEO John Ruiz on Q2 2022 Results - Earnings Call Transcript

MSP Recovery, Inc. (NASDAQ:MSPR) Q2 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants Alexandra Plasencia - General Counsel John Ruiz - Founder and Chief Executive Officer...

2 years ago - Seeking Alpha

MSP Recovery Announces Fiscal Second Quarter 2022 Financial Results

Completed Business Combination Between Lionheart Acquisition Corporation II and MSP Recovery Paid Value of Potentially Recoverable Claims Grew to $88.3 Billion During Quarter Acquired Claim Recovery R...

2 years ago - GlobeNewsWire

Kaskela Law LLC Announces Retraction of Press Release

Philadelphia, Pennsylvania--(Newsfile Corp. - August 10, 2022) - On July 23, 2022, Kaskela Law LLC issued a press release entitled "SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of MSP Re...

2 years ago - Newsfile Corp

MSP Recovery Announces LifeWallet Implementation Program at Cano Health Medical Centers

CORAL GABLES, Fla., Aug. 04, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSPR”, “MSP Recovery” or the “Company”) a Medicare, Medicaid, commercial, and secondary payer reimbursement re...

2 years ago - GlobeNewsWire

UPDATE -- Eleventh Circuit Once Again Rules in Favor of MSP Recovery, This Time Against Metropolitan General Insurance Company and Affiliates

Adding Additional Case Law References Adding Additional Case Law References

2 years ago - GlobeNewsWire

Eleventh Circuit Once Again Rules in Favor of MSP Recovery, This Time Against Metropolitan General Insurance Company and Affiliates

CORAL GABLES, Fla., July 19, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) today announced that in an important new decision issued on Monday, the U.S. Circuit Court of Appeals for the El...

2 years ago - GlobeNewsWire

MSP Recovery Enters Into Agreement With Prudent Group To Monetize Up to $250 Million in Certain Property & Casualty Claim Recoveries on a Non-Recourse Basis

Agreement Relates to Previously Announced Individual Claim Demand Letters Being Sent by MSPR to Property and Casualty Insurers Agreement Relates to Previously Announced Individual Claim Demand Letters...

2 years ago - GlobeNewsWire

Bear Market Losers: The Worst Performing Mid-Cap Stocks Of The First Half Of 2022

Despite surging during the pandemic, Peloton shares are down a whopping 74% in 2022.

Other symbols: AFRMCVNAPTONUPST
2 years ago - Forbes

MSP Recovery Commences Billing Big Pharma More Than $5.6 Billion In Billed Amounts and More Than $2.8 Billion In Paid Amounts

CORAL GABLES, Fla., June 27, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (“MSP Recovery” or “MSPR”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader,...

2 years ago - GlobeNewsWire

5 Short Squeeze Candidate To Watch This Week: Redbox And Chicken Soup For The Soul Both In Top Five, Revlon Remains On Leaderboard

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

2 years ago - Benzinga

MSP Recovery Experiences Additional Growth, Commences Billing More Than $1.5 Billion to Payers, and Will Deploy Biometrics in Medical Facilities as Well as Biometrics Pilot Programs to Help Improve School Security

CORAL GABLES, Fla., June 13, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (“MSP Recovery” or “MSPR”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader,...

2 years ago - GlobeNewsWire

MSP Recovery's Chief Executive Officer Acquires Shares and Warrants

CORAL GABLES, Fla., May 31, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, LLC (NASDAQ: MSPR), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announc...

2 years ago - GlobeNewsWire

MSP Recovery Reaffirms Revenue Guidance Originally Set Forth in Prior Financial Models and Announces Substantial Business Expansion Through Development of Additional Revenue Streams, Monetization of Assignor Interests, Growth of Existing Business, and Con

CORAL GABLES, Fla., May 26, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, LLC's (“MSP Recovery” or “MSPR”) Class A Common Stock began trading on May 24, 2022 on Nasdaq under the symbol “MSPR” following the c...

2 years ago - GlobeNewsWire

MSP Recovery, Inc. Begins Trading on Nasdaq Under the Symbol “MSPR” on May 24, 2022

CORAL GABLES, Fla.--(BUSINESS WIRE)--MSP Recovery, Inc. (“MSPR”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader and technology innovator, announced that its Class...

2 years ago - Business Wire