Pro Medicus (ASX: PME) seeks to expand its geographical reach to drive revenue growth

Wed 24 Apr 24, 03:49 AM | Team Kalkine

Image source: Shutterstock

Highlights

Pro Medicus develops and supplies software and IT solutions to the private and public healthcare sectors

In 1HFY24, PME’s revenue increased by 32.88% YoY to AUD 76.26 million

Hall (Anthony Barry) has the highest stake in the company with a shareholding of nearly 24.11%

Pro Medicus Limited (ASX: PME) is an ASX-listed heath imaging provider that creates and supplies healthcare imaging services and software to diagnostic imaging groups, hospitals and other related health entities across North America, Australia and Europe.

In the first half of the financial year 2024 (1HFY24), revenue of PME grew by around 32.88% YoY to AUD 76.26 million, backed by 36.8% YoY revenue growth in North America region. During the reported period, profit increased by 33.32% YoY to AUD 36.25 million, supported by topline growth during the period.

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