Earnings Call Summary | MSP Recovery(LIFW.US) Q1 2024 Earnings Conference
Earnings Call Summary | MSP Recovery(LIFW.US) Q1 2024 Earnings Conference
The following is a summary of the MSP Recovery, Inc. (LIFW) Q1 2024 Earnings Call Transcript:
以下是MSP Recovery, Inc.（LIFW）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
MSP Recovery reported a Q1 claims recovery income of $6 million, significantly higher than the $3.5 million reported in Q1 2023.
The company's total assets decreased by $124 million since December 2023 mainly due to intangibles' amortization.
The company carries $1.8 billion in liabilities, of which $83 million is current.
The company reported an operating loss of $130 million for Q1 2024, mostly attributed to non-cash items like claims amortization expense.
After adjusting for non-cash items, the company posted an adjusted operating loss of $8.7 million.
MSP Recovery has a working capital credit facility that allows it to borrow an additional $14 million.
MSP Recovery報告稱，第一季度索賠追回收入爲600萬美元，大大高於2023年第一季度報告的350萬美元。
自2023年12月以來，該公司的總資產減少了1.24億美元，這主要是由於無形資產的攤銷。
該公司的負債爲18億美元，其中8,300萬美元是流動負債。
該公司報告稱，2024年第一季度的營業虧損爲1.3億美元，主要歸因於索賠攤銷費用等非現金項目。
經非現金項目調整後，該公司公佈的調整後營業虧損爲870萬美元。
MSP Recovery擁有營運資金信貸額度，允許其額外借款1400萬美元。
Business Progress:
業務進展：
The company reached settlements with numerous property and casualty insurers during Q1, marking its most successful quarter for claims recovery income since becoming a public entity.
MSP Recovery has come to agreements with the settling insurers to provide claims data, implement LifeWallet's coordination of benefits clearinghouse solution, and resolve Medicare claim liens.
The company has implemented a data collaboration agreement with Palantir Technologies and 28 affiliated settling counterparties.
Negotiations are in progress with a number of other P&C insurers to resolve ongoing litigation under similar settings.
The firm has begun the collections process for thousands of unreimbursed claims, which could potentially generate additional revenue reflected in future filings.
該公司在第一季度與衆多財產和意外傷害保險公司達成和解，這是其成爲公共實體以來索賠追回收入最成功的季度。
MSP Recovery已與和解保險公司達成協議，提供索賠數據，實施LifeWallet的福利信息交換所協調解決方案，並解決醫療保險索賠留置權問題。
該公司已與Palantir Technologies和28個附屬結算對手實施了數據合作協議。
與其他一些財產和意外保險公司的談判正在進行中，以解決類似環境下正在進行的訴訟。
該公司已經開始了數千份未報銷索賠的收款程序，這有可能產生額外的收入，反映在未來的申報中。
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譯文內容由第三人軟體翻譯。