Weave reported a 18.3% increase in the revenues of the first quarter of the 2025 quarter and announced plans to acquire the signing of the Truuelk, since it expands its offers for plastic surgery and other aesthetic medical practices.
Weave Communications Inc, a communication and payment software provider for health practices, announced its results of the first 2025 quarter with total revenues of $ 55.8 million, 18.3% more year after year. The company reported a Net GAAP loss of $ 8.8 million, or $ 0.12 per share, while the net income did not gaap was $ 0.5 million, or $ 0.01 per share. The gross margins improved both in a Gaap and No Gaap base.
The adjusted Ebitda was positive at $ 1.0 million, and the company significantly reduced its operating cash burning, with only $ 0.2 million in net duration in the quarter.
Relevance for plastic surgery practices
The Weave platform is designed to support patient -centered communication and the efficiency of the main office for small and medium medical care suppliers, including plastic surgery practices. The system integrates bidirectional text messages, appointment reminders, call analysis, review of online programming and payment processing on a single board. For plastic surgery practices, this can rationalize the patient’s participation, reduce non -shows and help manage elective treatment payments and previous/posterior communications within the workflows that meet Hipa.
Expansion of AI through the acquisition of Trulark
To strengthen its offers in patient communication, Weave has signed a definitive agreement to acquire Truulark, a virtual receptionist platform promoted by AI. The $ 35 million agreement includes $ 25 million in cash and $ 10 million in capital. Truuelark technology will allow plastic surgery practices to program, rescue and the frequent questions of automatic patients through the web chat and SMS messaging, potentially reducing the administrative layer and improving responsibility outside commercial hours.
Growth in aesthetic and medical verticals
Weave reported a record quarter in specialized medical sales, with plastic surgery and spa segments among fastest growing. The company attributed part of this growth to new integrations with rapid, Fusion and Vercentrm Practice, which expanded its Directorate Medical Care Market in approximately 60,000 locations.
Orientation for 2025
Weave expects the income of the second quarter to fall between $ 57.3 million and $ 58.3 million, with revenues of the entire year projected between $ 236.8 million and $ 239.8 million. These projections assume that the acquisition of Trulark closes in Q2.
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