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Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
DocGo (DCGO) investor relations material
DocGo 17th Annual Southwest IDEAS Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.17th Annual Southwest IDEAS Conference summary19 Nov, 2025
Business overview and strategy
Provides tech-driven mobile healthcare and medical transportation in the U.S. and U.K., with a focus on care outside traditional settings.
Built a proprietary technology platform over 7-8 years, enabling efficient logistics and integration with health systems.
Offers turnkey solutions for hospitals, including full management of medical transportation and dispatch.
Employs over 3,000 clinical staff and operates nearly 1,000 vehicles, serving more than 10 million patients to date.
Pursues both organic and inorganic growth, recently acquiring SteadyMD and a mobile phlebotomy company.
Financial performance and trends
Revenue peaked above $600 million in 2023-2024 due to non-recurring COVID and migrant-related municipal programs.
Core businesses (medical transportation and mobile health) have grown steadily, with medical transportation rising from $48 million in 2019 to over $200 million in 2024.
Recent transition away from non-recurring municipal revenue has improved the balance sheet and working capital.
Q3 revenue was about $71 million, with an adjusted gross margin of 33% and a $7 million adjusted EBITDA loss.
Cash position is strong at $95 million, with minimal debt after paying down the line of credit.
Operational highlights and technology
Technology platform supports scheduling, logistics, and integration with EHR systems, enhancing efficiency and patient experience.
Focuses on care gap closure for payers and providers, offering over 40 in-home services from phlebotomy to primary care.
Utilizes a two-step clinical model: on-site lower-level clinicians supported by remote advanced providers, improving unit economics.
SteadyMD acquisition expands virtual care capabilities and enables last-mile healthcare delivery.
Maintains long-term contracts with major hospital systems, ensuring recurring revenue and scale.
SteadyMD: How does it improve unit economics?
Plan to reduce 506-day DSO to target 90 days?
What drives core mobile health growth with payers?
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Next DocGo earnings date
IAccess Alpha Virtual MicroCap Conference9 Dec, 2025
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Frequently asked questions
DocGo Inc. provides mobile health services and transportation solutions through a technology-enabled platform. The company delivers care services such as testing, vaccinations, and urgent medical assistance outside traditional clinical settings. It also operates non-emergency medical transportation networks. The company is headquartered in New York, New York, and its shares are listed on the NASDAQ.
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