Dolph Warburton's questions to American Well Corp (AMWL) leadership • Q3 2024
Question
Dolph Warburton of Nephron Research sought confirmation of the company's target to be cash flow positive by 2026 and asked about the primary risks to achieving this goal.
Answer
CFO Mark Hirschhorn confirmed the 2026 cash flow positive target. He identified two main execution risks: achieving the necessary new revenue growth to hit gross margin targets and continuing to successfully manage the company's cost base down to its new stabilized level.