R1 RCM Inc.RCM

Market cap

$6B

P/E ratio

1831.7x

	Dec 31, 2022	Dec 31, 2023
Net income (loss)	-58	3
Depreciation and amortization	172	278
Amortization of debt issuance costs	4	6
Share-based compensation	62	64
CoyCo 2 share-based compensation	5	7
Loss/(gain) on disposal and right-of-use asset write-downs	-21	-10
Provision for credit losses	12	35
Deferred income taxes	-7	-15
Non-cash lease expense	14	12
Other	-6	-12
Accounts receivable and related party accounts receivable	52	44
Contract assets	24	15
Prepaid expenses and other assets	39	-4
Accounts payable	-16	-11
Accrued compensation and benefits	-78	17
Operating lease liabilities	-	-18
Other liabilities	-1	18
Increase (Decrease) in Contract with Customer, Liability	-12	-24
Net cash provided by (used in) operating activities	-10	340
Purchases of property, equipment, and software	94	103
Payment for business acquisitions, net of cash acquired	848	-
Other	8	0
Net cash used in investing activities	-949	-103
Senior Term Loan	1,017	-
Senior Revolver	50	30
Payment of debt issuance costs	1	-
Senior Term Loan	26	54
Senior Revolver	30	130
Payment of equity issuance costs	2	-
Exercise of vested stock options	5	1
Purchase of treasury stock	39	-
Shares withheld for taxes	30	27
Other	-0	5
Net cash (used in) provided by financing activities	943	-174
Effect of exchange rate changes in cash	-4	0
Net increase (decrease) in cash, cash equivalents, and restricted cash	-20	64
Capital Expenditures Incurred but Not yet Paid	27	18
Assets obtained in exchange for common stock	24	-
Interest paid	61	127
Income taxes paid	9	34
Income taxes refunded	-	0