\” …of SelectQuote. Looking at our performance in the fourth quarter of fiscal 2024, we saw a 39% increase in revenue to $307 million, with full-year revenue reaching $1.3 billion, up 32%. Our Senior Medicare Advantage policies grew by 8%, while our Healthcare Services membership surged 68% year-over-year to 82,000 members. We exceeded revenue expectations by over 17% and adjusted EBITDA by over 26%.
Looking ahead to fiscal 2025, we anticipate revenue to be between $1.4 billion and $1.5 billion, with adjusted EBITDA projected to decline by 10%. Despite the expected decline in approved policy count due to changes in commission structures, we remain optimistic about leveraging our data and connectivity advantages in healthcare.
While there are challenges ahead, including the anticipated decline in approved policy count and temporary capital constraints limiting hiring, we are confident in our ability to navigate these obstacles and continue driving value for our customers. Our focus on unit profitability and cash efficiency, along with our strategic initiatives, position us well to capitalize on market opportunities and drive future profitability.
In conclusion, SelectQuote’s fourth-quarter earnings reflect a company that is successfully navigating a competitive insurance landscape and achieving significant growth in key segments. We remain committed to our long-term financial health and are excited about the opportunities ahead in the Medicare Advantage market and our holistic healthcare platform. Thank you for your continued support, and we look forward to delivering value to our customers in the years to come.\”