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IN BRIEF: MyHealthChecked's Covid-19 testing services drive up revenue

7th Jul 2021 14:44

MyHealthChecked PLC - Cardiff-based healthcare company and fertility tracking firm - Says revenue in six months to end of June up "dramatically" to GBP3.3 million from just GBP12,700 a year ago, driven by Covid-19 testing services. Remains optimistic over business prospects for the full year.

"We are mindful to ensure a strong pipeline of genetic tests outside of Covid-19 to secure the firm foundations of a business backed by robust science and innovative technology that can deliver long-term sustainable revenue growth," says Chief Executive Penny McCormick.

The company had a cash balance at the end of June of GBP2.2 million, up 57% on the GBP1.4 million as year before, despite significant investment in staffing and inventory.

Current stock price: 3.85 pence, up 8.5% Wednesday

Year-to-date change: up 93%

By Will Paige; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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