Strong Client Growth and Multi-Condition Contracts
DarioHealth signed 14 new clients in Q1 2025, including a national health plan, a regional plan, and 12 employer partners. More than 80% of those contracts are multi-condition, showing strong client acquisition and commitment to multi-condition care.
Significant Improvement in Operating Expenses and Gross Margins
Operating expenses declined by 35% year-over-year, and the company maintained over 81% gross margins in its core B2B2C business. Non-GAAP gross margins expanded to 70.5%, up from 62.4% in the first quarter of 2024.
Integration of Twill and AI-Driven Strategy
The acquisition and integration of Twill strengthened DarioHealth's leadership in the digital health industry. The AI-cubed strategy (AI to the third power) leverages artificial intelligence for operational efficiency, member engagement, and customer value, contributing to a projected 15% to 20% reduction in operating expenses over the next 12 to 18 months.
Revenue Growth and Expansion
DarioHealth delivered $6.75 million in revenue this quarter, a 17% increase year-over-year, driven by recurring revenue growth from B2B2C channels.