Privia Health Group (PRVA) FY2024 results: revenue $1.7 billion, up 4.7% on the year
Privia Health Group, Inc. (PRVA) reported revenue of $1.7 billion for fiscal 2024, the year ended 31 December 2024, up 4.7% on the year before. Net income was $14 million, down 37.7%, and diluted earnings per share $0.11. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$1.7 billion
+4.7% on the year
FY2019FY2024
Operating margin
1.0%
1.2% a year earlier
FY2019FY2024
Net income
$14 million
-37.7% on the year
FY2019FY2024
Diluted EPS
$0.11
-42.1% on the year
FY2019FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
109
80.8
47.2
+35.3%
Capital expenditure
n/a
0.1
0.1
Free cash flow
n/a
80.7
47.1
Free cash flow margin
n/a
4.9%
3.5%
Cash from investing
-12.0
-43.0
-0.1
Cash from financing
4.3
3.7
-19.7
+17.0%
Depreciation and amortisation
7.3
6.5
4.6
+11.3%
Share-based compensation
56.7
37.1
67.4
+52.8%
Diluted shares, weighted
126m
125m
111m
+0.7%
Shares outstanding at period end
120m
118m
115m
+1.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
635
561
499
+13.1%
Non-controlling interest
48.3
46.0
20.0
+5.0%
Debt
0.0
0.0
0.0
Operating lease liabilities
3.0
5.2
8.5
-42.1%
Other liabilities
449
387
265
+16.0%
Total liabilities and equity
1,136
1,000
793
+13.6%
Fixed assets
1.2
2.3
3.4
-46.6%
Goodwill
142
139
127
+2.1%
Intangible assets
110
108
57.4
+2.0%
Cash and equivalents
491
390
348
+26.1%
Receivables
316
291
190
+8.7%
Other assets
75.8
70.9
67.5
+6.9%
Total assets
1,136
1,000
793
+13.6%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.