MARKET COMPOSITE
SLQT - SelectQuote Inc6:14:04 PM 5/8/2024
Price
$2.50
+ 0.07 (3.09%)
Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property. The company pioneered the direct-to-consumer model of providing unbiased comparisons from multiple, highly-rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote's success: a force of more than 1,000 highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources, scores, and routes high-quality sales leads. The company has three core business lines: SelectQuote Senior, SelectQuote Life and SelectQuote Auto and Home. SelectQuote Senior, the largest and fastest-growing business, serves the needs of a demographic that sees 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans from 15 leading, nationally-recognized carriers, as well as prescription drug plan, dental, vision and hearing plans.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue405.4MM+74%
Gross Profit--
Cost Of Revenue--
Operating Income55.3MM-347%
Operating Expenses338MM+38%
Net Income19.4MM-162%
G&A--
Amortization800K-
Interest Expense24.4MM+14%
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