Claritev Corp
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
CTEV$28.67+19.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Loss and Comprehensive Loss
Consolidated Statements of Loss and Comprehensive Loss
(in thousands, except share and per share data)
| Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues | $930,624 | $961,524 |
| Costs of services (exclusive of depreciation and amortization of intangible assets shown below) | 239,404 | 235,468 |
| General and administrative expenses | 160,215 | 144,057 |
| Depreciation | 88,190 | 77,323 |
| Amortization of intangible assets | 343,883 | 342,694 |
| Loss on impairment of goodwill and intangible assets | 1,488,863 | — |
| Total expenses | 2,320,555 | 799,542 |
| Operating (loss) income | (1,389,931) | 161,982 |
| Interest expense | 326,371 | 333,208 |
| Interest income | (3,130) | (8,233) |
| Transaction Costs - Refinancing Transaction | 63,930 | — |
| Gain on extinguishment of debt | (5,913) | (53,968) |
| Gain on change in fair value of Private Placement Warrants and Unvested Founder Shares | (477) | (1,965) |
| Net loss before taxes | (1,770,712) | (107,060) |
| Benefit for income taxes | (124,881) | (15,363) |
| Net loss | $(1,645,831) | $(91,697) |
| Weighted average shares outstanding – Basic and Diluted | 16,147,506 | 16,128,366 |
| Net loss per share – Basic and Diluted | $(101.92) | $(5.69) |
| Net loss | $(1,645,831) | $(91,697) |
| Other comprehensive income: | ||
| Unrealized gain (loss) on interest rate swap, net of tax | 6,715 | (11,778) |
| Comprehensive loss | $(1,639,116) | $(103,475) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.