notes from from some research i did last night24 Mar 2020 12:13
Just did some further research, solid little company that hasn't had much publicity, looks like Lombard were exiting hence the range - but £5.25m worth of NHS ventilator orders will do it a world of good at only £27m mcap - should at the very least double now that the momentum and blackswan event is here IMO
An important RNS that's not on LSE but found on the company website dated 20/2/19 - double digit revenue growth circa 18m and 2m EBITDA, CEO and commercial director hold 20% between them, the rest II's and other large holders, very low freefloat
Recently placed to fund an acquisition, of which directors took part at 59.5p
Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company, is pleased to announce a trading update for the year ended 31 January 2020. The Company has performed ahead of expectations and anticipates reporting a 15% increase in Group revenue over the prior financial year to approximately £17.8m, including revenue from the recently acquired Viomedex business, or growth of 12% on a like for like basis. EBITDA1 is expected to be between the range of £2.0 to £2.1m, representing growth of more than 20% over the previous financial year.
Strong balance sheet and net asset position, cashed up, no debt and no warrants as far as I'm aware
They operate at around 50% margins and have a global as well as domestic arm - so it should roughly be another 2.5m straight to the bottom line, you'd imagine there'd be many other requests globally at this point in time
All IMO
DYOR