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Inspiration Healthcare ( (GB:IHC) ) has provided an announcement.
Inspiration Healthcare reported a strong performance for the fiscal year ending January 2025, with revenues reaching £38.3 million, driven by a robust second half and strategic cost reductions. The company returned to profitability with positive EBITDA, despite delays in recognizing revenue from a Middle Eastern contract. Key achievements included a $6 million contract with a global humanitarian aid organization and significant cost savings. The company’s ‘Back to Basics’ strategy and new CEO, Raffi Stepanian, are expected to help sustain growth in revenue, profit, and cash generation in FY26.
More about Inspiration Healthcare
Inspiration Healthcare Group plc, a UK-based global medical technology company, specializes in designing, manufacturing, and marketing neonatal intensive care medical devices. Their products, vital in saving lives and improving patient outcomes from the first breaths of life, include advanced equipment like ventilators and single-use disposables. The company sells directly in the UK and Ireland and through a network of distribution partners in over 75 countries, operating from facilities in Croydon, South London, and Melbourne, Florida.
YTD Price Performance: 8.00%
Average Trading Volume: 66,472
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £12.1M
For an in-depth examination of IHC stock, go to TipRanks’ Stock Analysis page.
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