6/9/2020

speaker
Operator
Conference Operator

Good morning, ladies and gentlemen, and welcome to FREJA Fiscal First Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. I would now like to introduce Balaji Gandhi, Vice President, Investor Relations for FREJA. Mr. Gandhi, you may begin.

speaker
Balaji Gandhi
Vice President, Investor Relations

Thank you, Operator. Good morning and welcome to Freesia's earnings conference call for the first quarter of fiscal year 2021, which ended on April 30, 2020. Participating on today's call from Freesia are Chief Executive Officer and Co-Founder Chaim Indig and Chief Financial Officer Tom Altier. Following prepared remarks from Chaim and Tom, we will conduct a Q&A session. A complete disclosure of our results Thank you. Thank you. contained in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act, including statements relating to the expected performance of our business, future financial results, our strategy, our partnerships, expected launches of products and services, long-term growth, overall future prospects, and the impact of the COVID-19 pandemic on our business. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those projected or implied during this call, in particular, those described in our risk factors included in our Form 10-Q, which will be filed with the SEC later today. You should not rely on our forward-looking statement as predictions of future events. All forward-looking statements that we make on this call are based on assumptions and beliefs as of today, and we undertake no obligation to update them except as required by applicable law. We will also refer to certain financial measures not in accordance with generally accepted accounting principles in order to provide additional information to investors. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results. A reconciliation of GAAP to non-GAAP results may be found in our earnings press release and supplemental materials, which were furnished through our Form 8K, filed after the market closed on June 8th with the SEC, and may also be found on our investor relations website at ir.freesia.com. I will now turn the call over to our CEO, Chaim Indig.

speaker
Chaim Indig
Chief Executive Officer and Co-Founder

Thank you, Balaji. Good morning, everyone. We hope that everyone listening to today's call is safely adjusting to the challenging guidelines related to the pandemic and are engaged in the activities in your communities that are helping drive much needed social change. We are participating on the call in three different locations, so we appreciate your patience with us. Let me start by acknowledging all of the health care provider organizations and medical professionals for their continued bravery and dedication. We are pleased with our fiscal first quarter results and are proud of our entire team's ability to deliver our results in the challenging pandemic environment. I would like to specifically acknowledge our sales and client services colleagues. These teams exhibited agility and flexibility under rapidly changing circumstances. Their ability to embrace adversity aligns with Freesia's mission to create a better, more engaging health care experience and is something I admire. particularly as we continue to operate in an uncertain environment into the summer and fall. For the fiscal first quarter, total revenue was $33.4 million, up 18% year-over-year. The average number of provider clients was 1,632, up 5% year-over-year. Average revenue per provider client was 16,735. up 7% year over year. Adjusted EBITDA was $1.5 million, up $1.8 million year over year. Healthcare providers across the country are beginning to book more appointments. Access to healthcare is not optional. Patients need to be seen by providers, and safety needs to be prioritized. Now I'll turn the call over to Tom.

Disclaimer

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