Dentalcorp Holdings Ltd. (TSE:DNTL) has released an update.
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Dentalcorp Holdings Ltd. has shown a strong financial performance in the fourth quarter and full year of 2023, with a revenue increase of 9.4% and 14% respectively, and robust growth in adjusted EBITDA. The company’s strategic acquisitions have contributed to its growth, acquiring 27 new practices expected to boost future earnings. Looking ahead to 2024, Dentalcorp forecasts continued revenue growth and a higher adjusted EBITDA margin, alongside a 15-20% increase in adjusted free cash flow per share.
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