IMO not just an update, a trading statement backing up the public sector contracts income, after a silent period. Investors have an income guideline to base their investment risk against. We could see a steady rise, but wont hold my breath.
23 Aug '14
Need bottom line
I mentioned a while ago that it seems when companies offer a trading update the rise is often short lived. I suspect that we will only see any significant upward movement when there is some profit on the books. This particularly needs to be displayed with increasing headcount and associated costs that incur. We all know it's coming so just the usual waiting game.
23 Aug '14
Hope we see a steady rise after the recent trading update.. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ULT&ArticleCode=hut6avdo&ArticleHeadline=Trading_statement
19 Aug '14
Thanks for information
19 Aug '14
Ultrasis plc issues the following trading statement for the financial year ended 31 July 2014. Strategy The strategy for the Group is to grow the income base through increasing sales and acquisitions that contribute to our mission to be a provider of a complementary range of health and social care related services. During this year, the Group has completed three acquisitions and won several significant contracts, which are moving the Group towards profitability. As we deliver this strategy we are very pleased to have the loan facility from Mr Paul Bell in place, of which approximately GBP1 million remained undrawn at the year end. Highlights -- Invoiced sales for the year will be approximately GBP2 million (2012/13: GBP0.7 million) -- Staff team increased from 20 to over 50 and continues to grow -- Secured a three year contract through Screenetics to deliver health assessments that has the potential to deliver over GBP2 million sales per annum -- Secured a three year contract to provide on-line mental health support within 5 of the 14 Health Boards in Scotland -- Continue to invest in the development of several key on-line products and released the 'My Health Coach' app in both apple and android platforms Screenetics Since joining the Group in October 2013, Screenetics has secured sizeable contracts which the board believe have the potential to deliver GBP10 million of new business over the next 3 years. These contracts are all based on performance and delivery criteria but we are confident of successful delivery. Waterloo Health Clinic This acquisition was completed in January 2014 and has been successfully integrated into the Group infrastructure. The Clinic team have ensured that the services provided to our customers have remained of a high quality throughout this transition. The clinic has made financially positive contributions since acquisition and is ready to accelerate its growth in the coming year. e-health We have made significant headway with the development of our on-line products and widened our offering by the acquisition of Step Success in October 2013. The IT development and support has been outsourced which has resulted in an acceleration of the updating of the products and expansion of the platforms that they are available on. We are currently working on the integration of all our on-line products into a single platform. The partnership established with the NHS, Ki Group, has begun to ready itself to be a provider of services that will support people to get immediate and cost effective access to treatment via the NHS. We expect to see some significant opportunities delivered within the next six months that will help drive adoption of these services within the core NHS market. Outlook The Group has made significant progress in the last twelve months and is on target to continue its growth trajectory to month on month profitability in 2015. We believe that the po
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