Almost Family

Almost Family is a leading provider of home health nursing, rehabilitation and personal care services with over 240 locations in 14 states. We are a family of companies with names you can trust. For over thirty years, we have been providing skilled compassionate home health care in our local communities. We bring our expertise into the home - the ideal setting to promote healing, comfort and support to those facing the challenges of aging. Our Senior Advocacy philosophy addresses these challenges in a revolutionary new way. Our clinical team looks beyond the obvious needs of the patient to become advocates in all dimensions of physical, mental and emotional well-being. Our goal is to promote independence, allowing seniors to age in place for as long as possible. Our Mission Statement: We are Senior Advocates committed to providing health care that looks beyond the obvious needs of seniors enabling them to live in their homes as long as possible. Our Values: We focus on achieving desirable and timely clinical outcomes. We are good communicators who respect the needs of our patients and their families. We build a high-trust environment where people are valued. We make it easy to deal with us. We all participate in growing the business. We respect our patients' families, referral sources, caregivers, payers, competitors and each other. We act with unquestioned integrity. We pursue excellence and continuous improvement in everything we do. We look beyond the obvious solutions with intellectual and clinical curiosity. We accept accountability for delivering results.

Type

Public

Louisville, US

Founded

1976

Size (employees)

14,200 (est)

Website

almostfamily.com

Almost Family was founded in 1976 and is headquartered in Louisville, US

Almost Family Office Locations

Almost Family has an office in Louisville

Louisville, US (HQ)

300 9510 Ormsby Station Rd

Almost Family Data and Metrics

Almost Family Financial Metrics

Almost Family's revenue was reported to be $532.2 m in FY, 2015

Summary

USD

Almost Family's current market capitalization is $743.2 m.

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	357.8 m	495.8 m	532.2 m
Revenue growth, %		39%	7%
Gross profit	166.5 m	231.8 m	250.4 m
Gross profit Margin, %	47%	47%	47%
Sales and marketing expense				168.4 m
General and administrative expense				253.1 m
Operating expense total				421.5 m
EBIT	14.5 m	24.6 m	32.1 m	34.9 m
EBIT margin, %	4%	5%	6%
Interest expense				(5.8 m)
Pre tax profit				29.2 m
Income tax expense				(11 m)
Net Income	8.2 m	13.8 m	19.5 m	18.2 m

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	12.2 m	6.9 m	7.5 m	10.1 m
Inventories	10.3 m	10.4 m	9.7 m	11.4 m
Current Assets	95.7 m	104.4 m	109.5 m	120.8 m
Goodwill	192.6 m	192.5 m	277.1 m	305.5 m
Total Assets	352.3 m	357.5 m	464.8 m	658.7 m
Accounts Payable	11.5 m	9.3 m	12.3 m	12.1 m
Current Liabilities	51.1 m	51.6 m	54.8 m	51.9 m
Non-Current Liabilities	83.4 m	72.7 m	136 m	302.7 m
Total Liabilities	134.6 m	124.3 m	190.9 m	354.5 m
Additional Paid-in Capital	103.9 m	105.9 m	127.3 m	141.2 m
Retained Earnings	111.8 m	125.5 m	145.5 m	163.8 m
Total Equity	214.1 m	229.6 m	270.3 m	301.9 m
Financial Leverage	1.6 x	1.6 x	1.7 x	2.2 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	8 m	13.5 m	19.5 m	18.2 m
Depreciation and Amortization	2.9 m	4.1 m	4.2 m	4.4 m
Accounts Receivable	(893 k)	(25 m)	17.4 m	(18.7 m)
Inventories	4.2 m	(824 k)	(2.4 m)	(377 k)
Accounts Payable	(4.1 m)	(2.4 m)	(5.7 m)	(1.4 m)
Cash From Operating Activities	20.3 m	34.5 m	42.5 m	46.1 m
Capital Expenditures	(2.5 m)	(1.2 m)	(3.1 m)	(6.2 m)
Cash From Investing Activities	(91 m)	(2.2 m)	(86.7 m)	(166.6 m)
Short-term Borrowings	(720 k)
Cash From Financing Activities	55.2 m	(10.1 m)
Free Cash Flow	22.8 m	35.8 m	45.6 m	39.9 m