BATM Advanced Communications Limited's (LON:BVC) Zvi Marom joins Proactive London's Katie Pilbeam after announcing to the market their full-year outcome is expected to be significantly ahead of market expectations.
He explains how the developed world is now very much in need of their high-margin diagnostic solutions as well as the developing world.
Underlying earnings (EBITDA) grew by 325% in the first half of 2021 despite a dip in revenue.
EBITDA jumped to US$22.7mln from US$5.3mln in the first half of 2020 even after a 7.7% slide in revenue to US$71.4mln from US$77.4mln the year before. Profit before tax soared to US$19.8mln from US$1.9mln the previous year.