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Tim Beyers

๐Ÿ‘ค Speaker
1405 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
3 Broken Breakers Worth Buying

It has been very successful at it for a lot of years, and we offer progeny as a benefit.

Motley Fool Money
3 Broken Breakers Worth Buying

And you know what?

Motley Fool Money
3 Broken Breakers Worth Buying

I mean, I think we are going to see a lot more of this.

Motley Fool Money
3 Broken Breakers Worth Buying

Now, revenue was only up 9.5%.

Motley Fool Money
3 Broken Breakers Worth Buying

in the most recent quarter.

Motley Fool Money
3 Broken Breakers Worth Buying

But I will say this, gross profit increased 16%, so there's more efficiency here.

Motley Fool Money
3 Broken Breakers Worth Buying

It's a profitable company generating cash flow, and this is what I like the most.

Motley Fool Money
3 Broken Breakers Worth Buying

that despite all of this uncertainty around healthcare, the client base, so again, self-insured companies expanded to 542 in the most recent quarter, and that was just about 6.75 million members.

Motley Fool Money
3 Broken Breakers Worth Buying

So these are covered individuals under progeny.

Motley Fool Money
3 Broken Breakers Worth Buying

That's up year over year from 473 clients, which again, self-insured companies, that's a lot.

Motley Fool Money
3 Broken Breakers Worth Buying

That's fairly big growth.

Motley Fool Money
3 Broken Breakers Worth Buying

The number of covered people underneath that was, again, grew to 6.75 million, up from 6.47 million.

Motley Fool Money
3 Broken Breakers Worth Buying

There's clearly a whole bunch of companies that are interested in progeny services because they do have some better indicators and results

Motley Fool Money
3 Broken Breakers Worth Buying

for helping those who are having trouble building a family, starting a family.

Motley Fool Money
3 Broken Breakers Worth Buying

They're well-known, their principal product is for infertility, and they tend to help those couples who are trying to have a child.

Motley Fool Money
3 Broken Breakers Worth Buying

They tend to show clinically better results, and that does show up.

Motley Fool Money
3 Broken Breakers Worth Buying

They get chosen more often.

Motley Fool Money
3 Broken Breakers Worth Buying

And so this is another piece of this.

Motley Fool Money
3 Broken Breakers Worth Buying

They do have other things they're doing.

Motley Fool Money
3 Broken Breakers Worth Buying

One of them is they've introduced menopause support and there's strong initial reception for this.