NeueHealth, Inc. (NEUE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
9250 NW 36TH STREET DORAL, FL 33178 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6324 - Hospital and Medical Service Plans (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 93,564 | 479,531 | 1,255,014 | |||
| Cash and cash equivalent | 87,299 | 466,325 | 1,061,179 | |||
| Short-term investments | 6,265 | 13,206 | 193,835 | |||
| Receivables | 39,084 | 73,605 | 113,474 | |||
| Disposal group, including discontinued operation | 822,570 | 2,783,474 | ||||
| Other undisclosed current assets | 133,709 | 234,024 | 291,712 | |||
| Total current assets: | 1,088,927 | 3,570,634 | 1,660,200 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 14,499 | 42,596 | 38,344 | |||
| Long-term investments and receivables | 5,401 | 675,192 | ||||
| Long-term investments | 5,401 | 675,192 | ||||
| Intangible assets, net (including goodwill) | 93,238 | 1,009,161 | 1,179,000 | |||
| Goodwill | 760,078 | 835,140 | ||||
| Intangible assets, net (excluding goodwill) | 93,238 | 249,083 | 343,860 | |||
| Other noncurrent assets | 28,816 | 37,260 | 45,603 | |||
| Total noncurrent assets: | 136,553 | 1,094,418 | 1,938,139 | |||
| TOTAL ASSETS: | 1,225,480 | 4,665,052 | 3,598,339 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 11,841 | 67,854 | 118,140 | |||
| Accounts payable | 11,841 | 67,854 | 118,140 | |||
| Debt | 303,947 | 303,947 | 155,000 | |||
| Disposal group, including discontinued operation | 699,758 | 2,783,474 | ||||
| Other liabilities | 79,856 | 121,424 | 207,238 | |||
| Other undisclosed current liabilities | 295,855 | 411,995 | 1,802,440 | |||
| Total current liabilities: | 1,391,257 | 3,688,694 | 2,282,818 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | ||||||
| Long-term debt, excluding current maturities | ||||||
| Liabilities, other than long-term debt | 44,872 | 36,673 | 41,994 | |||
| Other liabilities | 22,441 | 36,673 | 41,994 | |||
| Operating lease, liability | 22,431 | |||||
| Other undisclosed noncurrent liabilities | 43,969 | |||||
| Total noncurrent liabilities: | 88,841 | 36,673 | 41,994 | |||
| Total liabilities: | 1,480,098 | 3,725,367 | 2,324,812 | |||
| Temporary equity, including noncontrolling interest | 1,009,325 | 1,140,175 | 128,407 | |||
| Equity | ||||||
| Equity, attributable to parent | (1,263,943) | (200,490) | 1,145,120 | |||
| Common stock | 1 | 63 | 63 | |||
| Treasury stock, value | (12,000) | (12,000) | (12,000) | |||
| Additional paid in capital | 3,056,027 | 2,972,271 | 2,861,243 | |||
| Accumulated other comprehensive loss | (122) | (4,429) | (3,335) | |||
| Accumulated deficit | (4,307,849) | (3,156,395) | (1,700,851) | |||
| Total equity: | (1,263,943) | (200,490) | 1,145,120 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,225,480 | 4,665,052 | 3,598,339 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 1,160,802 | 2,412,030 | 4,029,389 | ||
| Premiums earned, net | 1,764,949 | 3,902,714 | |||
| Cost of revenue (Policyholder Benefits and Claims Incurred, Net) | (996,582) | ||||
| Gross profit: | 164,220 | 2,412,030 | 4,029,389 | ||
| Operating expenses | (1,737,798) | (3,034,278) | (5,227,545) | ||
| Other undisclosed operating income | 996,582 | ||||
| Operating loss: | (576,996) | (622,248) | (1,198,156) | ||
| Nonoperating income (Other Nonoperating income) | 784 | 1,226 | |||
| Interest and debt expense | (38,203) | (12,821) | (7,956) | ||
| Loss from continuing operations before equity method investments, income taxes: | (615,199) | (634,285) | (1,204,886) | ||
| Other undisclosed loss from continuing operations before income taxes | (13,971) | ||||
| Loss from continuing operations before income taxes: | (629,170) | (634,285) | (1,204,886) | ||
| Income tax expense (benefit) | 1,428 | (3,680) | 26,521 | ||
| Other undisclosed income (loss) from continuing operations | 65,209 | ||||
| Loss from continuing operations: | (562,533) | (637,965) | (1,178,365) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (1,178,365) | |
| Loss from discontinued operations | (720,241) | ||||
| Other undisclosed net income (loss) | (703,275) | (1,674) | |||
| Net loss: | (1,265,808) | (1,359,880) | (1,178,365) | ||
| Net income (loss) attributable to noncontrolling interest | 73,199 | (6,497) | |||
| Other undisclosed net income (loss) attributable to parent | 41,155 | (95,664) | |||
| Net loss attributable to parent: | (1,151,454) | (1,455,544) | (1,184,862) | ||
| Other undisclosed net loss available to common stockholders, basic | (49,145) | (39,687) | |||
| Net loss available to common stockholders, diluted: | (1,200,599) | (1,495,231) | (1,184,862) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (1,265,808) | (1,359,880) | (1,178,365) | ||
| Net loss attributable to redeemable noncontrolling interest | ✕ | ✕ | ✕ | ||
| Other comprehensive income (loss) | 4,307 | (1,094) | (5,761) | ||
| Comprehensive loss: | (1,261,501) | (1,360,974) | (1,184,126) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 114,354 | (95,664) | (6,497) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,147,147) | (1,456,638) | (1,190,623) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.