Record Financial Performance
Pro Medicus achieved a record first half with revenue up 31.1%, profit after tax up 42.7%, and EBIT margins increasing to 71.9%. Cash and investments grew by 17.7%, and a record half-year dividend was paid out, up 38.9%.
Significant Contract Wins
Major contracts include a $330 million 10-year deal with Trinity, an $8 million renewal with Mercy over 8 years, and a $32 million 5-year renewal with a large risk client in Australia.
Strong Pipeline and New Contracts
New contract wins include U Kentucky and BayCare in Florida. The forward revenue has jumped to $894 million over 5 years, with potential upside from existing contracts.
Technological Advancements and AI Progress
Pro Medicus continues to advance in cloud technology and AI, with the first implementation of cardiology products scheduled for April. Their Visage 7 platform is well-suited for AI integration.