Totally (GB:TLY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Totally PLC, a UK-based healthcare services provider, reported a decrease in annual revenue by 21% to £106.7 million and a significant drop in EBITDA to £2.3 million, down from £6.9 million the previous year, amid challenging market conditions. Despite a loss before tax of £3.9 million, the company has managed to stabilize its business with cost-saving initiatives amounting to £3.5 million in annual savings and has secured new contracts, renewals, and extensions signaling potential growth. The company remains committed to supporting the NHS and improving healthcare access, as demonstrated by their recent operational achievements and ongoing contract renewals.
For further insights into GB:TLY stock, check out TipRanks’ Stock Analysis page.
