MyHealthChecked PLC Reports Mid-Year Financial Dip

MyHealthChecked PLC (GB:MHC) has released an update.

MyHealthChecked PLC, an AIM-quoted healthcare company, reported decreased revenue of £0.9m in the first half of 2024, a notable drop from the previous year, alongside an adjusted EBITDA loss of £1.2m. Despite the slump in sales, the company boasts a robust cash balance of £6.05m, ready to self-fund its next growth phase, and a strong order book for COVID tests going into the second half of the year. Additionally, MyHealthChecked has expanded its wellness product range, partnered with key retailers, and invested in compliance and IT infrastructure to bolster future growth.

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