Castlight Health, Inc. Income Statement 2020-2011 | CSLT

Brief overview of income trends at Castlight Health, Inc.

The figures are compared over a five-year interval. Castlight Health, Inc. reported revenue of $75.3 million in 2015 and $147 million by 2020. The five-year change reached +94.8%, while CAGR stood at 14.3%. The pace indicates confident and sustained business growth.

Gross profit was 41.5 million dollars at the start and 94.7 million dollars at the end of the period (+127.9%). Gross profit as a share of revenue changed from 55.2% to 64.5%. The expansion indicates stronger pricing power or better control of direct costs.

The operating result measured by EBITDA moved from −$78.2 million to −$5.9 million, or +92.4%. The operating result changed at a rate similar to sales. The EBITDA share of revenue changed from −103.8% to −4.1%. The business generated more EBITDA from each unit of revenue.

Comparing the endpoints shows a move from −79.9 million dollars to −62.2 million dollars. The loss narrowed, although sustainable profitability has not yet returned.

The market value of the business moved from 310 million dollars to 275 million dollars, or −11.2%. Lower capitalization reflects weaker investor expectations.

Financial takeaway

The results present an uneven picture without one dominant signal. The constructive conclusion rests on higher operating efficiency, a larger revenue base and net-income growth. Caution is warranted because of a low EBITDA margin. Further direction will depend on top-line growth, operating profitability, and net income.