Pro Medicus (ASX:PME) Expands Global Footprint with UCSF Partnership, Shares Optimistic Outlook

Wed 23 Apr 25, 04:45 AM | Team Kalkine

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Highlights

Melbourne-based health informatics firm Pro Medicus Limited (ASX:PME) offers a full range of medical imaging, software, and services to healthcare groups, hospitals and imaging centres. The company has a presence across Europe, North America and Australia. In the six months ended 31 December 2024 (1HFY25), Pro Medicus posted a 32.16% YoY increase in revenue, reaching AUD 100.79 million, compared to AUD 76.26 million in the previous corresponding period. The surge in revenue was attributed to higher sales volumes across its key markets—Australia, Europe, and North America.

Meanwhile, net profit for the period jumped 42.74% YoY to AUD 51.75 million, up from AUD 36.25 million in 1HFY24. This growth in profitability was driven by stronger top-line performance, a decline in net foreign currency losses, and favourable depreciation and amortisation effects.

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