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Austco FY23 Results Media Release

Austco healthcare increases revenues by 17%, invests further in sales capability and R&D

Austco healthcare limited (ASX:AHC) (Austco), a global leader in clinical communications solutions, announces a 17% increase in revenue from customers over the prior comparative period (pcp) to $42.0 million for FY23.

Software and SMA revenues were the largest driver of increased revenues, up 65% or $3.3 million to $8.5 million. This growth more than offset supply chain increased costs and allowed for improved Gross Margins up from 52.5% to 53.4% for the year.

Find the full release document here.