Aided by the exceptionally strong Q1, LiDCO has delivered a record H1 performance, with total revenues +75% to £6.2m. Cash generation was also strong, with a £1.8m inflow in the period, bringing Net Cash to a healthy £3.1m. Whilst there were a larger than usual number of capital sales in the period, the HUP installed base continued grow, with 327 monitors on annual contracts. This is building resilience in the model, leaving LiDCO more insulated against the fall in elective
24 Aug 2020
Record H1 performance prompts further upgrades
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Record H1 performance prompts further upgrades
- Published:
24 Aug 2020 -
Author:
Caspar Erskine -
Pages:
4
Aided by the exceptionally strong Q1, LiDCO has delivered a record H1 performance, with total revenues +75% to £6.2m. Cash generation was also strong, with a £1.8m inflow in the period, bringing Net Cash to a healthy £3.1m. Whilst there were a larger than usual number of capital sales in the period, the HUP installed base continued grow, with 327 monitors on annual contracts. This is building resilience in the model, leaving LiDCO more insulated against the fall in elective