🚀 VC round data is live in beta, check it out!
MSP Recovery Overview
About MSP Recovery
MSP Recovery Inc is a healthcare recovery and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.
Founded
2019
HQ
Employees
78
Website
Sectors
Financials (FY)
EV
$891M
MSP Recovery Financials
MSP Recovery reported last fiscal year revenue of $18M and negative EBITDA of ($652M).
In the same fiscal year, MSP Recovery generated $9M in gross profit, ($652M) in EBITDA losses, and had net loss of ($360M).
Revenue (LTM)
MSP Recovery P&L
In the most recent fiscal year, MSP Recovery reported revenue of $18M and EBITDA of ($652M).
MSP Recovery expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $18M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $9M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 47% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($652M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (3575%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (2858%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($360M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (1975%) | XXX | XXX | XXX |
| Net Debt | — | — | $782M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
MSP Recovery Stock Performance
MSP Recovery has current market cap of $521K, and enterprise value of $891M.
Market Cap Evolution
MSP Recovery's stock price is $0.04.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $891M | $521K | -1.0% | XXX | XXX | XXX | $-26.17 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialMSP Recovery Valuation Multiples
MSP Recovery trades at 48.8x EV/Revenue multiple, and (1.4x) EV/EBITDA.
MSP Recovery Financial Valuation Multiples
As of April 21, 2026, MSP Recovery has market cap of $521K and EV of $891M.
Equity research analysts estimate MSP Recovery's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
MSP Recovery has a P/E ratio of (0.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $521K | XXX | $521K | XXX | XXX | XXX |
| EV (current) | $891M | XXX | $891M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 48.8x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (1.4x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (1.7x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 103.0x | XXX | XXX | XXX |
| P/E | — | XXX | (0.0x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (47.3x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified MSP Recovery Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
MSP Recovery Margins & Growth Rates
MSP Recovery's revenue in the last fiscal year grew by 137%.
MSP Recovery's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $6.8M for the same period.
MSP Recovery Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 137% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (3575%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 843% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $6.8M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 251% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 2906% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
MSP Recovery Public Comps
See public comps and valuation multiples for other Revenue Cycle Management comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| MSP Recovery | XXX | XXX | XXX | XXX | XXX | XXX |
| CareCloud | XXX | XXX | XXX | XXX | XXX | XXX |
| TruBridge | XXX | XXX | XXX | XXX | XXX | XXX |
| Craneware | XXX | XXX | XXX | XXX | XXX | XXX |
| Waystar | XXX | XXX | XXX | XXX | XXX | XXX |
| Tenet Healthcare | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
MSP Recovery M&A Activity
MSP Recovery acquired XXX companies to date.
Last acquisition by MSP Recovery was on XXXXXXXX, XXXXX. MSP Recovery acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by MSP Recovery
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialMSP Recovery Investment Activity
MSP Recovery invested in XXX companies to date.
MSP Recovery made its latest investment on XXXXXXXX, XXXXX. MSP Recovery invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by MSP Recovery
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout MSP Recovery
| When was MSP Recovery founded? | MSP Recovery was founded in 2019. |
| Where is MSP Recovery headquartered? | MSP Recovery is headquartered in United States. |
| How many employees does MSP Recovery have? | As of today, MSP Recovery has over 78 employees. |
| Is MSP Recovery publicly listed? | Yes, MSP Recovery is a public company listed on OTC Pink Sheets. |
| What is the stock symbol of MSP Recovery? | MSP Recovery trades under MSPR ticker. |
| When did MSP Recovery go public? | MSP Recovery went public in 2022. |
| Who are competitors of MSP Recovery? | MSP Recovery main competitors are CareCloud, TruBridge, Craneware, Waystar. |
| What is the current market cap of MSP Recovery? | MSP Recovery's current market cap is $521K. |
| What is the current revenue of MSP Recovery? | MSP Recovery's last fiscal year revenue is $18M. |
| What is the current EV/Revenue multiple of MSP Recovery? | Current revenue multiple of MSP Recovery is 48.8x. |
| Is MSP Recovery profitable? | No, MSP Recovery is not profitable. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.