Intelligent Ultrasound announced its interim results for the six months to 30 June 2022. In line with the recent trading update, the company achieved strong revenue growth of 62% to £5.9m driven by record performance from the UK direct sales team. The operating loss narrowed to £1.3m as a result of increased gross profit. Cash at the end of the period was solid at £3.5m due to close monitoring of R&D investment and overheads. Sales growth is anticipated into 2023 and beyond, driven by investment ....
18 Aug 2022
Cenkos: Intelligent Ultrasound Group Plc -- Interim Results
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Cenkos: Intelligent Ultrasound Group Plc -- Interim Results
Intelligent Ultrasound Group Plc (IUG:LON) | 9.0 0 2.9% | Mkt Cap: 29.4m
- Published:
18 Aug 2022 -
Author:
Chris Donnellan -
Pages:
11
Intelligent Ultrasound announced its interim results for the six months to 30 June 2022. In line with the recent trading update, the company achieved strong revenue growth of 62% to £5.9m driven by record performance from the UK direct sales team. The operating loss narrowed to £1.3m as a result of increased gross profit. Cash at the end of the period was solid at £3.5m due to close monitoring of R&D investment and overheads. Sales growth is anticipated into 2023 and beyond, driven by investment ....