StockMarketWire.com - Healthcare sector services provider Totally said annual losses deepened owing to higher financing costs and other expenses related to its delayed acquisition of Vocare.
Pre-tax losses amounted to £2.1m compared to a £1.5m loss in 2016.
Revenue jumped to £21.4m, up from £4.0m, helping the company to eke out a small Ebitda profit before exceptional items of £15k.
'Whilst the acquisition of Vocare has not been without its challenges, we remain committed to building a profitable platform for growth and our vision of establishing Totally as the leading out of hospital services provider and in turn delivering value to our shareholders,' chairman Bob Holt said.
Story provided by StockMarketWire.com
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