Totally PLC Faces Revenue Dip But Stabilizes With New Contracts
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Totally PLC Faces Revenue Dip But Stabilizes With New Contracts

Totally (GB:TLY) has released an update.

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.

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