LifeSpeak Inc. Announces Second Quarter 2022 Results
Second quarter 2022 revenue of $12.1 million , an increase of 117% compared to the same period in 2021 Consolidated ARR 1 as at June 30, 2022 reached $50.2 million , a 119% increase over the same period in 2021; on a pro forma basis, enterprise client ARR increased 33% over the comparable period Total Number of Clients 2 increased by 264% to 921 as at June 30, 2022 , compared to 253 in the same period in 2021 Second quarter 2022 Adjusted EBITDA 3 of $2.4 million , and Adjusted EBITDA Margin 3 of 20%; second quarter 2022 Adjusted EBITDA 3 increased $2.0 million over the first quarter of 2022 Annualized acquisition synergies realized through the first six months of 2022 of $6.8 million , including $1.2 million recognized in the second quarter TORONTO , Aug. 3, 2022 |CNW| - LifeSpeak Inc. (" LifeSpeak " or the " Company ") (TSX: LSPK ), the leading SaaS-based mental health and total wellbeing platform for employers, health plans, and insurance companies, today announced its financial and operational results for the three and six months ended June 30, 2022 .
LifeSpeak Inc. Announces Second Quarter 2022 Results
Second quarter 2022 revenue of $12.1 million , an increase of 117% compared to the same period in 2021 Consolidated ARR 1 as at June 30, 2022 reached $50.2 million , a 119% increase over the same period in 2021; on a pro forma basis, enterprise client ARR increased 33% over the comparable period Total Number of Clients 2 increased by 264% to 921 as at June 30, 2022 , compared to 253 in the same period in 2021 Second quarter 2022 Adjusted EBITDA 3 of $2.4 million , and Adjusted EBITDA Margin 3 of 20%; second quarter 2022 Adjusted EBITDA 3 increased $2.0 million over the first quarter of 2022 Annualized acquisition synergies realized through the first six months of 2022 of $6.8 million , including $1.2 million recognized in the second quarter TORONTO , Aug. 3, 2022 |CNW| - LifeSpeak Inc. (" LifeSpeak " or the " Company ") (TSX: LSPK ), the leading SaaS-based mental health and total wellbeing platform for employers, health plans, and insurance companies, today announced its financial and operational results for the three and six months ended June 30, 2022 .