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By 28 August, 2022July 13th, 2023ASX Announcements

Austco Healthcare increases revenues, invests in future growth, and declares a dividend

  • Revenue from customers up 15% to $35.9 million for FY22
  • Software and SMA revenues up $0.7 million to $5.1 million in FY22
  • Gross Margins remain robust at 52.5%
  • EBIT (excluding grant income) flat at $2.0 million for FY22
  • Underlying NPAT (excludes grant income) up 14% to $1.7 million
  • Reported NPAT down 32% to $2.3 million for FY22
  • Open Sales Order book remains robust, currently at $22.7 million (mid-August 2022)
  • Fully franked dividend of 0.3 cents per share declared

Austco Healthcare Limited (ASX:AHC), a global leader in clinical communications solutions, announces a 15% increase in revenue from customers to $35.9 million for FY22.

Despite another year of COVID-19 supply chain issues (which have worsened during FY22) and continued restricted access to some customer sites (which have lessened during FY22), Austco Healthcare delivered a statutory net profit of $2.3 million.

Click HERE to read the full results release.