Logotype for MSP Recovery Inc

MSP Recovery (MSPR) investor relations material

MSP Recovery Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for MSP Recovery Inc
Q2 2025 earnings summary14 Aug, 2025

Executive summary

  • Reported a net loss of $241.8 million for Q2 2025 and $477.8 million for the six months ended June 30, 2025, reflecting continued substantial losses year-over-year.

  • Revenue for Q2 2025 was $0.5 million, up 59% from Q2 2024, but six-month revenue fell 78% year-over-year to $1.4 million.

  • Operating expenses remain high, with claims amortization expense of $118.6 million in Q2 and $237.3 million for the six months, and interest expense rising sharply to $124.7 million in Q2.

  • The company continues to face significant liquidity challenges, with only $4.0 million in unrestricted cash as of June 30, 2025, and substantial doubt about its ability to continue as a going concern.

  • The Yorkville SEPA is currently the sole source of liquidity, and the company may be forced to seek bankruptcy protection if additional funding is not secured.

Financial highlights

  • Q2 2025 net loss attributable to the company was $143.2 million; six-month net loss attributable to the company was $264.8 million.

  • Revenue for Q2 2025 was $0.5 million, up from $0.3 million in Q2 2024; six-month revenue was $1.4 million, down from $6.3 million year-over-year.

  • Operating loss for Q2 2025 was $124.8 million, an 8% improvement from Q2 2024; six-month operating loss was $251.8 million, a 5% improvement year-over-year.

  • Interest expense increased to $124.7 million in Q2 2025, up 22% from Q2 2024; six-month interest expense was $243.5 million, up 22% year-over-year.

  • Cash used in operations for the six months ended June 30, 2025 was $15.7 million, up from $11.2 million in the prior year period.

Outlook and guidance

  • Management has concluded that current plans are insufficient to alleviate substantial doubt about the company's ability to continue as a going concern.

  • The company is seeking additional funding but has no assurance of success; if Yorkville SEPA funding is unavailable, insolvency or bankruptcy may be required.

  • No formal revenue or earnings guidance provided; future performance is highly dependent on successful claim recoveries and new funding.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next MSP Recovery earnings date

Logotype for MSP Recovery Inc
Q3 202513 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next MSP Recovery earnings date

Logotype for MSP Recovery Inc
Q3 202513 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

MSP Recovery Inc., now operating as LifeWallet, provides healthcare data analytics and recovery services to identify and recover improper healthcare payments. The company specializes in leveraging proprietary technology and legal expertise to address inefficiencies in the healthcare reimbursement system, focusing on recovering funds on behalf of Medicare, Medicaid, and commercial insurance payers. LifeWallet's platform is designed to detect, manage, and recover claims that have been improperly paid due to errors, fraud, or non-compliance with regulations. The company is headquartered in Coral Gables, Florida, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage