Competitive PositioningWaystar is the preferred vendor among peers, indicating strong competitive positioning.
Financial PerformanceWaystar reported a strong end to 2024, exceeding Street estimates by a significant margin on both revenue/EBITDA, with volume-based revenue driving a large share of the beat.
Revenue GrowthWAY is on pace to deliver a 15% revenue CAGR between 2021 and 2025E, and has delivered a consistent gross revenue retention rate of ~97%.