Kooth PLC (AIM:KOO) shares fell over 6% after the digital mental wellbeing group released its half-year results.
The interims showed a 29% year-on-year increase in revenues, though margins were tighter and underlying earnings fell from £500,000 to £10,000.
“In the UK, we are not immune to the broader healthcare and economic environment, which sees commissioning across the NHS structure under stress as Integrated Care Systems prioritise a reduction in costs and tackling an acute mental healthcare backlog,” said chief executive Tim Barker.
Shares were swapping for 296.9p with a market capitalisation of £108 million as of 9.20am, 21 September.