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Doctor Care Anywhere Reports Strong Revenue Growth and Improved Margins in 2024

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Doctor Care Anywhere Reports Strong Revenue Growth and Improved Margins in 2024

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An update from Doctor Care Anywhere Group PLC Shs Chess Depository Interests Repr 1 sh ( (AU:DOC) ) is now available.

Doctor Care Anywhere Group PLC reported its preliminary full-year 2024 results, showcasing a revenue growth of 8.9% and a significant improvement in gross margin by 12.1 percentage points. The company achieved a £5.4 million improvement in underlying EBITDA loss, ending the year with a loss of £0.5 million. Despite a slight reduction in consultation volumes due to the phased closure of its secondary care pathway, the company secured new clients and strengthened its leadership team, positioning itself for further growth and operational efficiencies in the UK primary care market.

More about Doctor Care Anywhere Group PLC Shs Chess Depository Interests Repr 1 sh

Doctor Care Anywhere Group PLC operates in the healthcare industry, primarily focusing on providing digital healthcare services. The company offers virtual consultations and telehealth services, aiming to enhance access to primary care in the UK market.

YTD Price Performance: -8.75%

Average Trading Volume: 94,014

Technical Sentiment Consensus Rating: Hold

For a thorough assessment of DOC stock, go to TipRanks’ Stock Analysis page.

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