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Induction Healthcare Group mark 'biggest period of change' in last six months at the firm

Induction Healthcare Group mark 'biggest period of change' in last six months at the firm

Induction Healthcare Group PLC (AIM:INHC) (Induction Healthcare Group PLC (AIM:INHC)) CEO James Balmain and CFO Guy Mitchell joins Proactive to talk about their financial results for the six months to the 30th September 2021.

Revenue for the year to March 2022 is predicted to be in line with market estimates with recurring revenue (ARR) with a rise of 929% in the first half to £14.4mln following the £25mln fundraise and acquisition of Induction Attend Anywhere in June.

They say this puts the company firmly on the path towards an adjusted EBITDA breakeven position and cash generation before the end of FY23.

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