11th Dec 2024 10:02
(Alliance News) - Optima Health PLC on Wednesday released its first half-year results since its demerger from Marlowe PLC back in September.
Optima Health is a software provider for the occupational health sector based in Sheffield, England.
Optima Health reported a pretax loss of GBP500,000 for the six months ended September 30, widened from GBP100,000 a year before.
Revenue fell by 11% to GBP50.8 million for the same period, from GBP56.8 million a year before.
The increased loss was attributed to one-off costs associated with the demerger and listing on AIM totalling GBP2.8 million.
The decreased revenue was driven by the loss of two clients, which reduced the scope of the firm's services during the reporting period.
However, Optima Health maintained that its performance was in line with consensus market expectations.
Looking ahead, Optima Health said it remains optimistic for the future with a "strong pipeline of potential new contacts".
Chief Executive Officer Jonathon Thomas commented: "We are proud to report Optima Health's maiden interim results as a publicly listed company.
"The business delivered a robust performance in the period, completing the integration of recently acquired businesses, demerging from Marlowe PLC and successfully listing on AIM whilst continuing to build the pipeline for future growth."
Optima Health shares were flat at 155.00 pence each in London on Wednesday morning.
By Lydia Doye, Alliance News reporter
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.