viewFeedback PLC

Feedback sees revenues surge 23% in latest full year

The medical imaging also said that it had received “considerable interest” in its new Bleepa product following its launch in September

Feedback PLC - Feedback sees revenues surge 23% in latest full year
Bleepa is an encrypted app for doctors to send images of X-ray and other scans to each other

Feedback PLC (LON:FDBK) has reported a 23% rise in full-year revenues as its product lines continue to grow.

For the 12 months ended 31 May, the medical imaging specialist saw its revenue increase to £563,092 from £458,389, with 40% of turnover attributable to one customer.

WATCH: Feedback PLC 'very close to standing up some pilots' for its Bleepa app

The group's pre-tax loss widened slightly to £1.13mln from £750,000 due to changes in accounting practices and increased investments in staff as it gears up to deliver new products.

Looking ahead, Feedback said its new product, Bleepa, an encrypted and secure way for doctors to send images of X-ray and other scans to each other to aid diagnosis and treatment, had generated “considerable interest” following its launch in September and that it was already arranging demos for several potential customers.

Tom Oakley, Feedback’s chief executive pointed out that, following fundraisings of around £3.38mln over the year, the company is “well positioned” to build its capabilities and support the roll-out of Bleepa both in the UK and overseas.

"This has been a transformational year for Feedback and we believe that we have the technology and strategy to make a meaningful change in the medical imaging and communications market”, he said in a statement.

In mid-morning trading on Thursday, Feedback’s shares were 2% lower at 1.3p.

Quick facts: Feedback PLC

Price: 1.045 GBX

Market: LSE
Market Cap: £11.15 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Feedback PLC named herein, including the promotion by the Company of Feedback PLC in any Content on the Site, the Company receives from said...


Feedback's Tom Oakley says inclusion of Bleepa to major framework is big...

Feedback PLC's (LON:FDBK) Tom Oakley speaks to Proactive's Polly Middlehurst following the news its flagship imaging-based communication platform Bleepa has been awarded a place on the NHSx National Clinical Communication Tool (NCCT) framework. ''For Bleepa this isn't just a great opportunity...

on 31/7/20

2 min read