WELL Health Announces Results for Q4 and Full Year 2024 Reflecting Record Annual Revenue
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1 Articles
WELL Health Announces Results for Q4 and Full Year 2024 Reflecting Record Annual Revenue
WELL achieved annual revenue of $919.7 million in 2024, an increase of 19% compared to the prior year. Under applicable IFRS standards, revenue was negatively impacted by (i) a delay in the recognition of revenue for Circle Medical in the amount of $56.6 million and (ii) uncertainty of $24.5 million by CRH (related to the Change Healthcare cyberattack). Substantially all of the deferred Circle Medical revenue is expected to be recognized in 2025…
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