Company: PHR
Filing Date: 2025-05-14
Form Type: DEF 14A
Source: 0001412408-25-000027
Chunk: 48

Company: Phreesia, Inc.
Filing Date: 2025-05-14
Form: DEF 14A
Chunk 48
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 4,203 in fiscal 2025, up 17% year-over-year.

• Total revenue per AHSC was $99,884 in fiscal 2025, up 1% year-over-year.

• Net loss was $58.5 million in fiscal year 2025, as compared to $136.9 million in fiscal year 2024.

• Adjusted EBITDA was $36.8 million in fiscal 2025, as compared to negative $35.4 million in fiscal 2024.

• Net cash provided by operating activities was $32.4 million in fiscal 2025 compared with cash used in operating activities of $32.4 million in fiscal 2024.

• Free cash flow was $8.3 million in fiscal 2025 compared with negative $57.5 million in fiscal 2024.

• Cash and cash equivalents as of January 31, 2025 was $84.2 million, compared to $87.5 million as of January 31, 2024.

To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we provide investors with certain non-GAAP financial measures, including Adjusted EBITDA. For a full reconciliation of our non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP, please see the “Non-GAAP Financial Measures” in Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our 2025 Annual Report and Exhibits 99.1 and 99.2 to our Current Report on Form 8-K filed with the SEC on March 12, 2025.

Highlights of Fiscal 2025 Executive Compensation Program

Consistent with our performance and compensation objectives for fiscal 2025, our compensation committee took the following key actions relating to the compensation of our NEOs for fiscal 2025:

Base Salary – Approved no increases to fiscal 2025 NEO annual base salaries. Our NEOs are paid salaries below the median in the peer group data reviewed by the compensation committee, although there is no formal target market position. Additionally, we did not increase the base salary for our Chief Executive Officer and the other NEOs for fiscal 2026, which was the third consecutive year without a base

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salary increase for our NEOs and the fourth year without a base salary increase for our Chief Executive Officer.

Bonus Plan – The bonus plan payout was formulaic , with no adjustment to