Inspiration Healthcare (GB:IHC) has released an update.
Inspiration Healthcare Group PLC reported a decline in annual revenue to £37.6m and a drop in adjusted EBITDA to £2.0m, amidst challenging market conditions and increased competition in neonatal ventilator markets. Despite these challenges, the company has launched new neonatal products and acquired Airon Corporation to bolster its North American presence, and has announced an equity raise of £3m to strengthen its balance sheet and support future growth.
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