MyHealthChecked PLC (GB:MHC) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
MyHealthChecked PLC, a healthcare company specializing in at-home wellness tests, reported a significant year with the launch of 23 new tests, 21 of which are now available through Boots, the UK’s largest pharmacy retailer. Despite a decrease in revenue from £22.3m in 2022 to £11.0m in 2023, the company maintains a strong cash balance of £7.75m and has seen a 45% increase in unit sales since the last quarter of 2023. The company is focusing on self-funded growth, enhancing digital capabilities, and leveraging its COVID-19 testing revenue to invest in the wellness sector for future expansion.
For further insights into GB:MHC stock, check out TipRanks’ Stock Analysis page.
