tiprankstipranks
Trending News
More News >

Oneview Healthcare PLC Reports Revenue Growth Amid Rising Losses

Oneview Healthcare PLC Reports Revenue Growth Amid Rising Losses

Oneview Healthcare PLC Chess Depository Interests repr 1 ( (ONVVF) ) has released its Q4 earnings. Here is a breakdown of the information Oneview Healthcare PLC Chess Depository Interests repr 1 presented to its investors.

Oneview Healthcare PLC is a company specializing in the development and sale of software and related hardware for the healthcare sector, along with providing consultancy services. In its latest earnings report for the year ended December 31, 2024, Oneview Healthcare PLC reported a 5% increase in total revenue from ordinary activities, amounting to €9.9 million, with recurring revenue showing a 9% growth. However, the company also reported a significant increase in losses, with a 21% rise in loss from ordinary activities after tax, totaling €10.8 million. The company’s net tangible assets per security increased to €0.016 from €0.013 in the previous year, indicating a slight improvement in asset value. Despite an increase in revenue, Oneview Healthcare PLC faced challenges with rising losses, primarily due to increased expenses in sales, marketing, and product development. The company continues to expand its reach with its solutions now live in 12,514 beds and an additional 6,915 beds contracted but not yet installed. Looking forward, Oneview Healthcare PLC remains focused on expanding its customer base and improving its financial performance, as indicated by management’s commitment to leveraging existing resources to sustain operations and drive growth.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App