![]() ![]() For the first three months of 2015, Teladoc posted revenues of nearly $16.5 million and a net loss of $12.7 million. Teladoc posted a net loss of $6 million on topline revenues of $19.9 million in 2013, and a net loss of $17 million on topline revenues of $43.5 million in 2014. In June, the first public draft of its S-1 filing was published to the SEC’s site, revealing a bevy metrics about the private company, including its financial performance to date and details surrounding the acquisitions it has made in the past few years. News first broke about Teladoc’s IPO in late April, but its initial filing was private. The patient's employer or health plan may also subsidize the visit if they have an agreement with Teladoc, but the visit's price tag is close to that of a deductible - about $40. The visit includes a one-on-one consultation with a doctor over phone or via video chat. When a patient needs a doctor but doesn’t want to make an appointment, he or she can use their Teladoc app to schedule a remote visit. Teladoc offers patients an alternative to a standard, in-person doctor’s visit. When Teladoc debuted on the NYSE this morning it began trading at $28 a share, well above its $19 IPO price. If the underwriters purchase the additional shares, the IPO's total amount raised would hit $180.3 million. Teladoc also previously offered its underwriters the option to purchase 1.05 million shares, but underwriters now have the option, for a period of 30 days, to purchase up to nearly 1.24 million shares of common stock. In the company's previous filing, Teladoc priced its shares between $15 and $17 and planned to sell 7 million shares. At the last minute the company increased both the price of its shares to $19 and the number of shares it was selling to 8.3 million. No cash balance or cash flow is included in the calculation.Dallas, Texas-based video visits telehealth company Teladoc has raised $156.8 million in its IPO and is set to begin trading under the symbol "TDOC" on the New York Stock Exchange today. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results. ![]()
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