HealthEquity, Inc. (NASDAQ:HQY) Q2 2024 Earnings Conference Call September 5, 2023 4:30 PM ET Company Participants Richard Putnam - Investor Relations Jon Kessler - President & Chief Executive Officer James Lucania - Incoming Chief Financial Officer Tyson Murdock - Executive Vice President & Chief Financial Officer Steve Neeleman - Vice Chair & Founder of the Company Conference Call Participants Greg Peters - Raymond James Stan Berenshteyn - Wells Fargo Glen Santangelo - Jefferies Sean Dodge - RBC Capital M ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36568 HEALTHEQUITY, INC. (Exact name of registrant as specified in its charter) Delaware 52-2383166 (State or other jurisdiction of (I.R.S. Employer incorporation or organiz ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36568 HEALTHEQUITY, INC. (Exact name of registrant as specified in its charter) Delaware 52-2383166 (State or other jurisdiction of (I.R.S. Employer incorporation or organi ...

财务数据和关键指标变化 - 第一季度收入同比增长19% [9] - 服务收入同比增长1%,托管收入同比增长59% [17] - HSA现金的年化利率收益率为232个基点 [17] - 交易收入同比增长7% [17] - 毛利率从上年同期的54%提升至60% [17] - 非GAAP净收入同比增长85%,达到每股0.50美元 [18] - 调整后EBITDA同比增长48%,达到86.6百万美元,利润率提升超过700个基点 [18] 各条业务线数据和关键指标变化 - HSA会员同比增长9%,总账户同比增长4% [9] - HSA资产同比增长10%,达到22亿美元 [9] - 新开设HSA账户同比下降25,000个,但新增企业客户抵消了部分下降 [10] - 综合福利账户(CDB)会员数同比增长4%,剔除COBRA影响后增长1% [12] 各个市场数据和关键指标变化 - 企业新增客户数同比大幅增加,预示着2024年续约季的强劲需求 [11] - COBRA业务受政府补贴影响,活动费收入下降,公司正在提高固定服务费用来弥补 [12] 公司战略和发展方向及行业竞争 - 公司持续提升自动化服务能力,提高客户体验的同时降低服务成本 [13][43] - 公司加大推广高收益率HSA产品,预计到2024年年底高收益率HSA占比将达到30% [114][115] - 公司在行业内保持领先地位,主要竞争对手为富达等大型企业 [139][140] 管理层对经营环境和未来前景的评论 - 尽管宏观就业增长放缓,但公司预计新增企业客户将抵消部分影响 [11][51][52][53] - 公司对2024财年的业绩表示乐观,预计收入、利润和调整后EBITDA将实现双位数增长 [20][21] - 公司预计2024财年HSA现金平均收益率将达到235个基点,较上年有所提升 [21] 问答环节重要的提问和回答 问题1 **Glen Santangelo 提问** 询问HSA资产中浮动利率和固定利率部分的占比变化情况 [29][30][31][32] **Tyson Murdock 回答** 公司正在逐步提高固定利率HSA产品的占比,浮动利率部分占比下降。过去几年的并购整合也影响了资产结构 [30][31][32] 问题2 **Stan Berenshteyn 提问** 询问公司是否正在提高COBRA业务的服务费用 [37][38][39][40][41] **Jon Kessler 回答** COBRA业务受政府补贴影响,活动费收入下降,公司正在适当提高服务费用来弥补 [39][40][41] 问题3 **George Hill 提问** 询问公司是否看到HSA采用率有所提升,是否与行业竞争格局变化有关 [59][60][61][62][63][64][65] **Steve Neeleman 回答** 公司正在加大营销和销售力度,同时企业客户也更加重视HSA产品的成本节约和税收优势,预计HSA采用率将持续提升 [62][63][64][65]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36568 HEALTHEQUITY, INC. (Exact name of registrant as specified in its charter) Delaware 52-2383166 (State or other jurisdiction of (I.R.S. Empl ...

HealthEquity® Investor Presentation March 2023 March 2023 Copyright © 2022 HealthEquity, Inc. All rights reserved. | HealthEquity does not provide legal, tax or financial advice. Safe harbor This presentation does not constitute an offer or invitation for the sale or purchase of securities and has been prepared solely for informational purposes. This presentation is a summary of information contained in our public filings filed with the Securities and Exchange Commission (SEC), which public filings are expr ...

HealthEquity, Inc. (NASDAQ:HQY) Q4 2023 Earnings Conference Call March 21, 2023 4:30 PM ET Company Participants Richard Putnam - Investor Relations Jon Kessler - President and Chief Executive Officer Tyson Murdock - Executive Vice President and Chief Financial Officer Stephen Neeleman - Founder and Vice Chairman Conference Call Participants Anne Samuel - JPMorgan Chase & Co. Greg Peters - Raymond James & Associates, Inc. Sean Dodge - RBC Capital David Larsen - BTIG Stanislav Berenshteyn - Wells Fargo Securi ...

HealthEquity® | --- | --- | --- | --- | |-----------------------|-------|-------|-------| | JPMorgan Healthcare | | | | | | | | | | | | | | | | | | | | Conference | | | | | Investor Presentation | | | | January 2023 Copyright © 2022 HealthEquity, Inc. All rights reserved. | HealthEquity does not provide legal, tax or financial advice. Safe harbor This presentation does not constitute an offer or invitation for the sale or purchase of securities and has been prepared solely for informational purposes. This p ...